Business news headlines: Latest India business news today 17 February 2021

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Read the latest India business news today 17 February 2021.

  • Mastercard and Razorpay have entered into a partnership that will empower Indian MSMEs in digitizing their operations.
  • Koo’s co-founder & CEO Aprameya Radhakrishna has reportedly said that Shunwei Capital, chinese investor in the parent firm of Koo app, is on its way out after other investors have pledged to buy out its 9% stake.

latest india business news today 17 february 2021

  • WizKlub, an ed-tech startup for school children, has raised Rs.6 crores in pre-Series A round of funding, from Incubate Fund India, its existing investor. It has so far raised ₹15 crores.
  • As per reports, Amazon may soon start manufacturing electronics products like FireTV stick in India.
  • As per a report by Sensor Tower, a market intelligence firm, consumer spending worldwide in the top 100 non-game subscription-based apps grew 34% y-o-y from $9.7 billion in 2019 to $13 billion in 2020.
  • IBM Corp and Tech Mahindra have entered into a partnership to build an ecosystem worth $1 billion in revenue in the next three years.

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Latest India business news today 17 February 2021 – business news headlines today

  • Adani Ports and Special Economic Zone have completed the acquisition of a 100% stake of Dighi Port for Rs.705 crores.
  • IndiGo will be starting flights from April 22 connecting Durgapur with three cities.
  • UAE-based Gibraltar Technologies has bought HCL Infotech (part of HCL Group) for Rs.147 crores (74.6M dirhams.
  • Axis Bank and its promoter United India Insurance Company have reportedly paid over Rs.51.5 lakh to Sebi to settle alleged disclosure lapses.

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Latest India business news today 17 February 2021 – business news headlines today

  • Unacademy has acquired TapChief, a networking platform, at a valuation of Rs.100 crores.
  • As per reports, Tata group will buy a 68% stake in BigBasket for around Rs.9500 crores.
  • Securities Appellate Tribunal has stayed Sebi’s order banning Kishore Biyani, other Future promoters from markets.
  • Wipro Consumer Care Ventures has invested an undisclosed amount in Onelife, a consumer healthcare brand.

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