Category "News"

Food Tech Startup Dazo Shuts Down Its Operations

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Dazo Shut Down

Bangalore based food tech startup, Dazo has been shut down and the company has stopped taking new orders. The company, which was initially called Tapcibo, used to aggregate meals from partner restaurants and took care of last-mile delivery. The company was rebranded as Dazo in April and raised funding from...

Alibaba And Ant Financial Invest $680Mn In Paytm

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Alibaba Paytm Investment

Chinese e-commerce giant Alibaba has made a strategic investment of $680Mn in One97 Communications, the parent company of Indian mobile payment an e-commerce platform Paytm, along with its affiliate Ant Financial. With this investment Alibaba will be the biggest shareholder in Paytm with 40% stake in the company. Under the...