Category — Information Technology

India’s VEQTA Signs with Major League Baseball

New Delhi-based Veqta, India’s streaming video service, and the country’s first over-the-top service focused on sports content, inked a partnership with Major League Baseball.

Per the deal, Veqta will stream over 20 live MLB games each week during the regular season, along with full coverage of the league’s major events, including the All-Star Game, Wild Card Games, Division Series, League Championship Series and the World Series says The Hollywood Reporter.

Veqta Logo

Co-founded by Varun Mathur and Vikram Tanwar in April 2015, Veqta raised $500,000 in seed capital in May 2016. “We are thrilled to have Major League Baseball, one of the biggest names in the world of sport, partner with us,” said director Vikram Tanwar. “Baseball has a niche audience here [in India] and we wish to grow it further,” he added.

May 3, 2017   No Comments

Facing its Rivals’ Merger, Amazon India Recommits

In an interview with MoneyControl over Amazon’s India strategy to counter a possible merger between India’s largest e-commerce company Flipkart, and its rival Snapdeal, Amazon’s India chief Amit Agarwal said, “… no matter what happens, even after 20 years, customers will want great selection, great product and fast delivery. So I am going to keep my focus on that… our strategy 20 years later in India will be the same.”

Moneycontrol says that the Indian e-commerce sector is undergoing a phase of consolidation. Last year, Tiger Global-backed Flipkart acquired fashion e-tailer Jabong and is currently in talks to acquire Snapdeal. Earlier this month, it raised $1.4 billion from eBay Inc, Microsoft and Tencent. As part of the deal, eBay’s India business was merged with Flipkart’s.

Amazon Logo

Amazon has been able to grow its market share in India significantly since the time it started four years ago. In 2016, it pushed Snapdeal to the third position to become the second-largest e-commerce firm in India. Currently, its business is very close to Flipkart’s.

 

April 21, 2017   No Comments

Cisco Makes India Their Global Export Hub

Hoping to make India a global export hub, San Jose, CA-based Cisco is working with its global component-making partners to help facilitate this plan. “We are working with the global ecosystem providers to set up shop in India and as they start moving in, costs will be less as we will not have to import the same components that are needed to manufacture the product,” Dinesh Malkani, president of Cisco (India and Saarc) told the Times of India.

Cisco

Cisco, which files two patents per week in India, has set up six innovation centers in the cities of Bangalore and Jaipur and in the states of Telangana, Andhra Pradesh, and Gujarat to co-innovate with customers, startups, and partners to build new solutions and products.

 

 

 

 

 

India is one of Cisco’s best performing countries globally over the past four to five quarters. the company launched its first Made-in India product last month, a router, one of the most popular products in its portfolio globally.

 

 

April 19, 2017   No Comments

Twitter Goes Lite in India

San Francisco-based Twitter launched a lighter version of its platform — Twitter Lite — in India. The browser-based product which uses 70 percent less data and loads 30 percent faster than the app, will also be available in Indonesia and Philippines soon.

 Twitter India

India is a critical market for us. It is among our top five audience markets and among the fastest growing. Our goal is to make Twitter available to everybody and we believe Twitter Lite will help in that direction,” Twitter managing director, Asia Pacific, Maya Hari told Press Trust of India.

She said the company focused on the four pillars of sports, entertainment, government and news for growth. “We have had a strong revenue focus for the last two years, and have seen significant growth. We are focusing on areas like government, automotive, telecom and FMCG for driving revenues in India,” Hari added.

Twitter has partnered with Vodafone to provide a customized timeline of top cricket related tweets via Twitter Lite to the telecom major’s 200 million subscribers throughout the T20 series of the cricket game season, reports Livemint. Cricket is the most popular sport in India.

April 9, 2017   No Comments

Facebook to Connect Rural India with WiFi

Facebook‘s Munish Sheth, regional head APAC, Facebook Connectivity Solutions, said that the company is working with telecom operators to connect rural communities across India through its Express WiFi program.

In an interview with the Economic Times, Sheth said that the telecom industry is going through a volatile price discovery stage which shows that India wants to get online as long connectivity is available at affordable prices, and this is the space that Facebook will focus on.

Facebook Logo

Express WiFi is a program, he explained, where Facebook is trying to create a scalable and monetizable model to connect millions of Indians, and the company is in an advanced stage of testing new technologies with multiple partners in India. We are investing in fiber and are partnering telecom operators who can create fiber capacity.

Sheth added, “We are trying to harness the E band and V band to do last mile fiber replacement. We are also incubating other technologies like open compute platform to create open source products and make more R&D efforts that hasten speed to market and also create a better cost for all of us to share.”

 

April 5, 2017   No Comments