Inc42 Profile picture
May 3 6 tweets 6 min read
.@CCI_India has reportedly made a change in its interpretation of the ‘relevant market’, leading to several digital platforms facing #antitrust probes.

1/n
inc42.com/buzz/parliamen…
The development comes at a time when a lot of tech companies are under the antitrust body’s scanner🔍

👉 #Amazon, #Flipkart, #Google, #Zomato, #Swiggy, #Apple and more

@CCI_India @akgupta_cci
2/n
🔎@CCI_India 👉 #Google

The CCI is conducting an investigation against Google for alleged abuse of its dominant position in the online news publishing business. ⏬

inc42.com/buzz/antitrust…
3/n
🔎@CCI_India 👉Amazon and Flipkart

Last week, the CCI conducted raids at the offices of sellers of #Flipkart and #Amazon for alleged violation of competition laws.⏬
4/n
inc42.com/buzz/cci-raids…
🔎 @CCI_India 👉 Zomato and Swiggy

Earlier in April, CCI ordered a probe into the conduct of foodtech platforms – #Zomato and #Swiggy for allegations including unfair pricing, deep discounting and a few other issues. ⏬
5/n
inc42.com/buzz/cci-order…
🔎 @CCI_India 👉- Apple

Previously, the antitrust body also ordered a probe into the operations of #Apple in India over alleged unfair business practices pertaining to its app store policies. ⏬
5/n
inc42.com/buzz/cci-order…

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More from @Inc42

May 3
.@Google has said that the tech giant will remain committed to accelerating growth in India’s digital ecosystem. 📈

@GoogleIndia @sundarpichai
The tech giant has been investing in India’s digital ecosystem with the help of the #Google for India Digitisation Fund, investing a total of upwards of $5 Bn in @reliancejio and @airtelindia. 💰
#Google invested about a billion dollars in Bharti #Airtel in 2022, acquiring a nominal stake in the telecom player while also putting a part of the investment towards smartphone affordability programs. 📲

@Google @GoogleIndia @airtelindia @sundarpichai
inc42.com/buzz/after-bac…
Read 5 tweets
May 3
.@TVMohandasPai, the former CTO of #Infosys has been at the forefront of the Indian startup ecosystem while the number of #unicorns grew from 0 to💯!

#100Unicorns 🦄
Speaking to Inc42, @TVMohandasPai, however, mixed hope and joy with a ⚠ cautionary approach: 👇



2/n
🗨Pai said, “India is comfortable in foreign exchange with the fastest growing sector in India and …this has to be a focus area for RBI".

@TVMohandasPai | @narendramodi @PMOIndia @RBI @DasShaktikanta @PiyushGoyal

#IndiansStartups
3/n
Read 7 tweets
May 3
Compliance Report - #Whatsapp | WhatsApp banned 18,05,000 Indian accounts during March 1-to March 31, 2022 period, as per its tenth compliance report.

👉 The platform received 597 grievances in March, including 407 ban appeals.

Read more: inc42.com/buzz/meta-owne…
Compliance Report - #Meta

- Meta-owned Facebook took action against 21.58 Mn pieces of content on the platform in March.

👉 Of these content, 14.9 Mn pieces were spam, followed by violent and graphic content at 2.5 Mn pieces.

Read more:
inc42.com/buzz/meta-took…
Compliance Report - @GoogleIndia

- #Google took down 4.02 Lakh User Accounts & Content Pieces In March 2022.

- Google India also took down 93,457 URLs during March; 99.5% of them were related to copyright infringement

Read more:
inc42.com/buzz/google-in…
Read 5 tweets
May 2
🎉India’s 100 #UnicornStartups – Today Marks A New Milestone For India’s Startup Economy 🚀

#DigitalIndiaShining #100Unicorns 🦄

1/n
Bengaluru-based #neobanking startup @BankWithOpen became the country’s 100th unicorn after raising $50 Mn from IIFL

@openwithanish @MabelChacko @deenajacob16

#100Unicorns 🦄
2/n

The announcement of the 100th #unicorn in India saw a range of reactions from the ecosystem, with many pointing out the glorious run for startups in the past decade. ⭐

@TVMohandasPai 👇
3/n
Read 9 tweets
May 1
The Indian #cleantech startups have come up with new ideas to power existing clean energy technology and are doing their bit to save the environment in their own ways. 🌎

1/n
From startups dealing with rooftop #solarenergy or those focusing on bio-methanation technology to those providing solutions to clean and purify air and water...

2/n
☘ Inc42 has compiled a list of 30 #cleantech startups, which have come up with out-of-the-box solutions to to India’s clean energy goal and working towards 𝐦𝐚𝐤𝐢𝐧𝐠 𝐈𝐧𝐝𝐢𝐚’𝐬 𝐟𝐮𝐭𝐮𝐫𝐞 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞. ♻🌍

3/n Image
Read 6 tweets
Feb 11
How Ex Twitter India Chief Is Reimagining #Education In A Virtual World

Lets understand in this #thread ⬇️

@tanaypratap @manishm @invactHQ | #Metaverse #web3 #edtech
👉 Former Twitter India CEO Manish Maheshwari and Tanay Pratap, a former senior software engineer at Microsoft, recently launched Invact Metaversity (@invactHQ), offering an immersive campus experience to students.

@manishm @tanaypratap
The startup has just raised funding from 70+ global and local investors 👇

@TVMohandasPai @kishore_biyani @drriteshmalik
inc42.com/buzz/manish-ma…
Read 11 tweets

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