From Reliance Smart To JioMart: A Move Rather Smart

Scroll below for our latest tweets on this topic. Read a more updated thread by clicking on any of the tweets below. Lastly, please spare a moment to retweet, share and respond to this thread! https://twitter.com/s_v_g/status/1264356463490723840?s=20 https://twitter.com/s_v_g/status/1264357483893551105?s=20 https://twitter.com/s_v_g/status/1264358107313922048?s=20 https://twitter.com/s_v_g/status/1264358743996694528?s=20 https://twitter.com/s_v_g/status/1264359232184258560?s=20…

Jio Mart’s Policy On Privacy, Data Handling May Need Revisit

Jio Mart, Reliance Retail’s answer to Amazon and Grofers, went national Saturday. Given that its success, if it happens, will also depend on sister concern Jio Platforms’ 380 million and growing subscriber base, there are concerns around how privacy and…

JioMart Launches In 200 Locations As Reliance Takes On Bigbasket, Amazon, Others In eCommerce

Less than a month after starting a WhatsApp Ordering Service in Navi Mumbai, Reliance has rolled out JioMart widely. The ecommece platform, which Reliance calls a "single virtual store", will deliver products in 200 towns and cities in India, including…

A Round-Up Of All Reliance Jio Investments And What Follows

Mukesh Ambani’s Reliance Jio platform saw a lot of cash inflow into the company. Unlike its competitors, the telecom giant saw a surge of investors. It is venturing into own operating systems, music, OTT and digital payments. After Facebook‘s $5.7…

Facebook Takes Another Shot At eCommerce With Shops Platform

Taking cues from many tech giants, Facebook is now trying to get small businesses to sell directly from its platform. The feature, called Shops, will be rolling out to both Facebook and Instagram and allows pretty much anyone to set…

After Facebook, Microsoft Mulling Investment In Reliance Jio

For the past few weeks, speculations are rife in trading circles regarding a mega-investment deal between Microsoft and Reliance Jio. Observers of the stock market foresee a considerable investment by Microsoft in the telecom giant. Before buying stakes in a…

4 Weeks, 4 Investments, 4 Majors, USD 9B In Jio Platforms And RIL Isn’t Done Yet!

Scroll below for our latest tweets on this topic. Read a more updated thread by clicking on any of the tweets below. Lastly, please spare a moment to retweet, share and respond to this thread! https://twitter.com/s_v_g/status/1262784059203129344?s=20 https://twitter.com/s_v_g/status/1262784535944548352?s=20 https://twitter.com/s_v_g/status/1262785258832814081?s=20 https://twitter.com/s_v_g/status/1262785935160127488?s=20 https://twitter.com/s_v_g/status/1262787826384420865?s=20…

General Atlantic Invests $870M In Reliance’s Jio Platforms In Its Largest Asia Deal

US private equity giant General Atlantic has invested $870 million (approximately Rs 6,598 crore) in Reliance's Jio Platforms in its largest deal in Asia so far. The investment gives General Atlantic a 1.34 percent stake in Jio Platforms on a…

Air India’s Website A Major Hurdle For Those Trying To Fly Out

Many Indians and foreign citizens planning to fly out in one of the special flights arranged by the government are fighting against all odds to book a ticket, which includes an inefficient and snag-prone Air India website. Many have stormed…

Firms Gear Up For Extended WFH

Some Indian startups aim to have most of their employees work permanently from home, in the wake of tech giants Facebook, Google, and Twitter announcing such measures for their employees till 2021. “COVID19 is a watershed moment, and a new…

Ola, Uber, Other Cab Hailing Apps May Suffer Severe COVID Dent; Personal Car Sales May Benefit

Share using #GreyhoundStandpoint

Indian IT Leans On Govt Spends, Managed Services As Deals Slow

Information Technology spending this year will likely fall as organisations trim investments in technology in the wake of the Covid-19 pandemic-led slowdown, analysts said. Other analysts, however, said hardware deals were still being signed, but not at the same pace…

Reliance Jio Sells Stake To Vista Equity Partners For $1.5B; Deal Fuelled By Gujarati Connection

Four days after Reliance Jio struck a deal with Silver Laker Partners, it has earned fresh investments from another US-based tech-focused private equity fund. Vista Equity Partners has acquired 2.32 percent stake in Jio Platforms for an estimated $1.5 billion…

IT Services Companies Bet On Digital Amid Business Slowdown

Indian IT services companies are betting on generating revenues from their digital business which has seen growth despite the slowdown amid the covid-19 crisis. While each company defines “digital" in slightly different ways, areas like cloud, cyber security, and data…

Aarogya Setu App To Be Preloaded On Phones? Apple’s iPhone Likely To Be A Problem

Share using #GreyhoundStandpoint

After Groceries, Medicines, Uber To Deliver Packages; Explores Alternative Revenue Streams Amid Covid

Share using #GreyhoundStandpoint

What Makes Jio Platforms Command a INR 5 Trillion Valuation

Silver Lake Partners on Monday invested ₹5,665 crore in Jio Platforms for a 1.15% stake. This was at a 12.5% premium to Facebook’s ₹43,574 crore ($5.7 billion) deal for a 9.99% announced on 22 April. So, what has made Jio Platform a…

Slowdown In America’s Retail Sector To Hit Indian IT Firms

IT services companies may see business from US retailers fall sharply, as some non-essential and luxury brands shut stores and furlough employees, analysts said. Infosys, Cognizant, Tata Consultancy Services and Wipro service the retail sector in the US and analysts…

JioMart’s Jio Moment – Can The RIL Company Disrupt Indian Retail?

Queuing up at his local store for grocery worried Naman Jain. With coronavirus cases rising, it was too much of a risk for the resident of the Mumbai suburb of Thane. RIL’s ambitions for Jio are bigger and deeper, says…

Self Sufficiency Can Help Tide Over The Ripples From COVID19

Share Using #GreyhoundStandpoint

Airtel-ZEE5 Extend Partnership As Telcos Inch Towards Bundled App Ecosystem

Customers of Airtel Thanks will now get free, unlimited access to ZEE5’s premium content library as part of their exclusive benefits, the companies announced. Airtel, like rival Reliance Jio, has been inching towards a bundled app ecosystem powered by content.…

Airtel Selects IBM And Red Hat To Build Open Hybrid Cloud Network

Bharti Airtel (“Airtel”), one of India’s largest integrated telcos, has selected IBM and Red Hat to build its new telco network cloud, designed to make it more efficient, flexible and future-ready to support core operations and enable new digital services.…

Airtel Selects IBM And Red Hat To Build 5G-Ready Open Hybrid Cloud Network

Bharti Airtel has selected IBM and Red Hat to build its new 5G-ready telco network cloud to support core operations, monetise the telco’s pan-India 4G network with the help of new services and be more competitive against main rival Reliance…

Airtel Dials IBM As Battle With Jio Heats Up

IBM on Monday announced a major deal with Bharti Airtel to build a new open hybrid cloud network that will be more efficient and flexible than what exists now, will enable new digital services, and be ready for emerging technologies…

Reliance’s Jio Platforms In Talks With General Atlantic, Other Foreign Funds For Stake Sale

Reliance Jio has cut three equity deals with three major investors in three weeks. First came the $5.7 billion stake sale to Facebook, making it the largest minority shareholder in Jio, followed by another 1.15 percent dilution to Silver Lake…

3 Deals In 3 weeks: Vista Equity Now Invests $1.5 Billion In Reliance Jio

Mukesh Ambani's Reliance Jio has been able to attract the third big investor - Vista Equity Partners - which is the world’s largest tech fund following its landmark deal with Facebook. Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound research…

Vista Stake Caps $8 Billion Deal Run for Asia’s Richest Man

Billionaire Mukesh Ambani is a man on a mission: to dominate India’s consumer Internet market -- from online retail to digital payments. He just sealed three deals in as many weeks to raise a combined $8 billion, including from Facebook…

Enterprise Tech Is Offering Deals, Freebies At Pandemic Sale. The Real Aim: Get Customers Locked In.

Even as India entered lockdown, there was a surge in the number of deals. On offer were huge discounts, easy financing terms, buy-now-pay-later schemes, and free three-month trials. The catch: These deals were not from real estate, telecom, or e-commerce,…

Aarogya Setu Explained: Why It’s Draconian, Ineffective, Yet Needed

Share using #GreyhoundStandpoint

Silver Lake Checks Into Jio Platforms, Snaps Up 1.15% For Over Rs 5,600 cr

Reliance Jio Platforms (Jio Platforms), a subsidiary of Reliance Industries (RIL), is selling 1.15 per cent stake to private equity (PE) firm Silver Lake for Rs 5,655.75 crore. The investment — the second in a fortnight - highlights its focus…