Articles with tag: jio

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Walmart leads USD 1.2 bln financing round in Flipkart

15 Jul 2020 | Ecommerce

Walmart has increased its majority-stake in Flipkart by leading a USD 1.2 billion financing round.

Walmart, financing round, Flipkart, ecommerce, marketplace, India, JioMart

BharatPe launches POS solution with no charges for merchants

24 Jun 2020 | Mobile Payments

India-based QR code payments company BharatPe has rolled out a POS solution without charges for merchants.

BharatPe, QR code, launch, mobile payments, POS, point of sale, India, incumbents, Pine Labs, Mswipe, Innoviti, Jio, PhonePe, Paytm, Bharat Swipe, merchants, marquee investors, Ribbit Capital, Insight Partners, Sequoia Capital, Steadview. Mswipe

Reliance Jio Platforms to sell USD 850 million stakes to L Catterton, TPG

15 Jun 2020 | Payments General

US-based private equity companies L Catterton and TPG have announced plans to invest USD 850 million in India-based telecom company Jio Platforms.

Reliance Jio Platform, stakes, investment, funding, private equity, India, L Catterton, TPG, Facebook, Silver Lake, KKR, Vista Equity Partners, General Atlantic, Mubadala, Abu Dhabi Investment Authority

Reliance rolls out JioMart online grocery service to challenge Amazon, Flipkart

25 May 2020 | Ecommerce

India-based company Reliance has launched an online grocery service, JioMart, aiming to compete with Amazon and Flipkart in the Indian market.

Reliance, JioMart, ecommerce, launch, Amazon, Flipkart, India, Facebook, coronavirus, KKR, General Atlantic

Facebook's investment in Jio might pave way for crypto in India

28 Apr 2020 | Cryptocurrencies

Facebook has recently invested USD 5.7 billion for a 9.99% stake in Jio Platforms, an Indian telecom company and subsidiary of Reliance Industries, headquartered in Mumbai, Maharashtra, India.

Jio Platforms, Facebook, Libra, blockchain, cryptocurrency, India, mobile payments, WhatsApp, crypto

Reliance, Facebook test grocery shopping via JioMart on WhatsApp

27 Apr 2020 | Ecommerce

Indian-based ecommerce venture JioMart has initiated tests for an ‘ordering system’ on WhatsApp to be used for grocery shopping.

Reliance, Facebook, JioMart, WhatsApp, ecommerce, pilot programme, India

Facebook invests USD 5.7 bln in Reliance Jio Platforms

22 Apr 2020 | Payments General

Digital Onboarding and KYC Report 2020

Facebook has invested USD 5.7 billion in Reliance Jio Platforms, owned by Reliance Industries, the biggest telecom operator in India, according to TechCrunch

Facebook, investment, Reliance Jio, India, telecom

Telcos seek an end-to-end online process for new customers onboarding

07 Apr 2020 | Digital Identity, Security & Online Fraud

Telecom operators have announced they proposed an end-to-end online process for onboarding of new customers. 

Telcos, end-to-end online process, onboarding, verification, payments, mobile app, DoT, Vodafone Idea, Bharti Airtel, Reliance Jio, COAI

Reliance Jio introduces UPI-based payments solution into its app

21 Jan 2020 | Mobile Payments

India-based telco Reliance Jio has entered into digital payments introducing UPI-based payments solution in its My Jio app.
Fraud Prevention and Online Authentication Report 2019/2020

Reliance Jio, telecom, UPI, JioMoney

India-based Reliance Retail launches ecommerce platform

03 Jan 2020 | Ecommerce

One of India’s largest retailers Reliance Retail has launched a new ecommerce platform in a bid to take on Amazon in the increasingly lucrative market.

Reliance Retail, India, JioMart, ecommerce, launch, online retail, shoppers, app

Indian telcos to roll out alternative customer authentication systems

06 Nov 2018 | Digital Identity, Security & Online Fraud

Airtel, Reliance Jio, and other Indian large telecom companies have started to roll out alternate digital KYC processes for customers.

Airtel, Reliance Jio, Vodafone Idea, customer authentication systems, KYC, India, eKYC, Aadhaar