Airtel

Telecom giant Airtel eyes a stake in Paytm

Airtel is engaging with Paytm to explore sale of the Airtel Payments Bank business in exchange for shares in the younger financial services firm, according to two people familiar with the matter, in a

India’s Jio says it has rolled out 5G to over 100 cities in 100 days

Jio Platforms said on Wednesday it has rolled out 5G to 101 cities in just as many days as the Indian telecom giant looks to court customers aggressively with faster data speeds. The firm said on Wedn

Reliance Jio to spend $25B on 5G rollout, debut in October and reach every town by 2023 end

Reliance Jio Infocomm, India’s top telecom mobile operator, has earmarked a spending of $25 billion on the rollout of its 5G services that it plans to debut in key cities this Diwali in October,

Ambani’s Reliance Jio top buyer in India’s $19 billion 5G sale

Telecom operators in India agreed to spend $19 billion in the government auction for the 5G airwaves, New Delhi said Monday, the highest from them in any spectrum sale, as the world’s second largest

India receives $18 billion bids for 5G auction, expects rollout in September

India received bids worth $18 billion on the first day of an auction for the 5G airwaves from tycoons including Mukesh Ambani and Gautam Adani as the race begins for faster data in the world’s secon

Nigeria’s CredPal secures $15M in debt and equity to scale its BNPL product across Africa

The adoption of buy now, pay later (BNPL) in Nigeria as a payment option both online and at the point of sale is expected to record a CAGR of 20% from 2021 to 2028, per this report. BNPL’s growt

Indian carrier Airtel launches credit card

Airtel said on Monday it is launching a credit card, the latest attempt from the Google-backed Indian telecom operator to make inroads with financial services as it looks to expand its offerings in th

Daily Crunch: Google will offer G Suite legacy edition users a ‘no-cost option’

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

India to own 35.8% in Vodafone Idea after conversion of dues

Vodafone Idea said on Tuesday it is giving the Indian government a 35.8% stake in the company after its board approved conversion of dues and spectrum auction installments into equity to save the thir

WhatsApp and other social media platforms restricted in Zambia amidst ongoing elections

Several users from Zambia have taken to Twitter informing the general public that WhatsApp has been restricted in the country amidst ongoing general elections today. The president and parliamentary el

China expresses concern over its absence in India’s 5G trials

China expressed concern on Wednesday over India’s move to not grant any Chinese firm permission to participate in 5G trials in the world’s second-largest internet market as the two neighboring nat

India grants approval for 5G trials, avoids Chinese firms

The Indian telecom ministry on Tuesday said it has granted several telecom service providers permission to conduct a six-month trial for the use and application of 5G technology in the country. New De

Kenya’s Ajua acquires WayaWaya to consolidate consumer experience play in African SMEs

Kenyan consumer experience platform for businesses in Africa, Ajua today announced that it has acquired WayaWaya, a Kenya-based AI and ML messaging and payments company. WayaWaya’s customers and

India’s Razorpay raises funds at $3 billion valuation ahead of Southeast Asia launch

Six-year-old Bangalore-based fintech Razorpay topped a $1 billion valuation late last year, becoming the first Y Combinator-backed Indian startup to reach the much sought-after unicorn status. In less

Airtel Africa sells $200M mobile money business stake to TPG’s Rise Fund

In February, London-listed telecom Airtel Africa said it was looking to sell a minority stake in its mobile money business in a bid to raise cash and sell off some assets. The firm seems to have found

Reliance’s Jio Platforms says it will roll out 5G in second half of 2021

Reliance’s Jio Platforms, the largest telecom operator in India, plans to roll out a 5G network in the country in the second half of 2021, top executive Mukesh Ambani announced on Tuesday. “India

Singapore-based sales productivity platform Nektar raises $2.15 million seed round

Singapore-based Nektar.ai, a productivity platform for sales teams, has raised $2.15 million in seed funding. Founded earlier this year, Nektar has been working in stealth mode with five companies, an

India’s Razorpay becomes unicorn after new $100 million funding round

Bangalore-headquartered Razorpay, one of a handful of Indian fintech startups that has demonstrated accelerated growth in recent years, has joined the coveted unicorn club after raising $100 million i

Indian telecom giant Vodafone Idea rebrands as ‘Vi’

Vodafone Idea, one of the largest telecom operators in India, has rebranded as ‘Vi’ as it looks for a “fresh start” three years after the British telecom giant Vodafone Group&

Amazon inks cloud deal with Airtel in India

Amazon has found a new partner to expand the reach of its cloud services business — AWS — in India, the world’s second largest internet market. On Wednesday, the e-commerce giant announc
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