And what's more, according to TechCrunch, Facebook is also open to exploring additional investment in other startups which are building unique solutions for the Indian market.
New Delhi- In its first-ever equity investment in an Indian start-up, Facebook on Thursday announced an investment in Meesho, a platform that enables Indian entrepreneurs to establish online businesses via social channels. On November 5, 2018, the company received Series C funding worth $50 million from investors including DST Partners, RPS Ventures, and Shunwei Capital.
Another deciding factor was the base of two million resellers on Meesho's platform, of which about 80 per cent are women entrepreneurs, he added. And with only around 25% of Indian adults connected to the web, and India emerging as the world's second-biggest smartphone market, the potential, over time, is major. We are excited about India and its rapidly rising internet ecosystem. "We have participated in fuelling India Internet and now want to play a clear and direct role in propelling job creation".
Newey's Aston Martin Valkyrie to race at Le Mans in 2021
The Le Mans-spec Valkyrie will be powered by an evolution of the production model's high-revving V12 engine modified for racing. We can't wait to hear the wail of the Valkyrie's high-revving V-12 as the vehicle charges down the Mulsanne straight.
Deepika Padukone to Get a Whopping amount for 83
Though initially Deepika was a bit reluctant to sign the film as it was a supporting role, she later agreed to do it. Interestingly, Deepika Padukone has a limited role to play yet she is paid a whopping amount for the same.
Meesho, a digital platform on which re-sellers of everything from jewellery to mobile phones reach prospective customers via social media platforms such as Facebook, WhatsApp, and Instagram, already has about 2 million entrepreneurs focused on India's smaller towns and cities, the vice-president and managing director at Facebook India told Reuters.
Prior to this investment, Facebook had acquired Bengaluru-based Little Eye Labs which has a software tool for analyzing the performance of Android apps. "We share a common goal with Facebook - to enable the community and help small businesses grow".
"Over the last 4 years we've grown from our humble beginnings, to a community of more than 15,000 suppliers and 20,00,000 resellers throughout India. This commitment from Facebook will help us leapfrog towards our goal", he added.
Twins starter Michael Pineda limited Seattle to two hits in 5 2/3 innings and left the game with a 1-0 lead. Cron's throw to the plate for an error, allowing Gordon to score what proved to be the winning run.
Hunter, who represents an area outside of San Diego, was reelected in November by a slim margin, despite the charges. She faces up to five years in federal custody and a $250,000 fine when she is sentenced September 16.
The Pacific Tsunami Warning Center measured the quake at 7.4, but it was later downgraded to 7.2 by the U.S. The huge tremor struck near New Zealand's Kermadec Islands at about 11.55pm on Saturday (GMT).
With injuries to impeding free agents Kevin Durant and Klay Thompson , Butler's value on the open market has increased even more. It would represent one heck of a backcourt duo to team up with Caris LeVert and studly young big man Jarrett Allen.
Last week, the Swiss food giant said it plans to launch its Sweet Earth brand Awesome Burger in the USA this fall. Along with egg white, the chicken-less nuggets also use pea protein, in addition to flaxseed and bamboo fiber.
Le défenseur et capitaine du Real Madrid , Sergio Ramos , s'est marié samedi à Séville avec sa compagne Pilar Rubio . Pour leur mariage, Sergio Ramos et Pilar Rubio ont déjà annoncé leur intention de refuser les cadeaux.
" Orphan Black " star Tatiana Maslany is set to narrate an audiobook for a new instalment of the hit sci-fi drama series. Orphan Black: The Next Chapter takes place eight years after the end of the show and includes numerous same characters.
Chinese President Xi Jinping (R) meets with his Turkish counterpart Recep Tayyip Erdogan in Dushanbe, Tajikistan, June 15, 2019. CICA is an inter-governmental forum for enhancing cooperation towards promoting peace, security, and stability in Asia.
It also released a detailed timeline of events and photos said to show mine damage on the side of one of the ships. In the video, the boat from Iran's paramilitary Revolutionary Guard pulls alongside Kokuka Courageous at 4:10 p.m.
Meyer did leave out important details from the report, so his statement about Ames shoplifting may not be entirely accurate. That's when the officer aggressively sweeps his leg, then yells, "If I tell you to do something, you [expletive] do it".