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Posts Tagged ‘ Foxconn Technology Group ’

Messaging app Hike joins unicorn club after raising $175 mn

Tuesday, August 16, 2016 | More »

hike_fe
Messaging app Hike Ltd has raised $175 million (Rs 1,170 crore) from China’s Tencent Holdings Ltd, Taiwan’s Foxconn Technology Group and other investors in a round that propelled it to the elite list of unicorns, or private companies valued at least $1 billion. Existing investors Tiger Global, J...

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EduAce raises $1M from mobile internet firm MoMagic

Education startup EduAce Services has raised $1 million (around Rs 6.6 crore) in seed funding from mobile Internet firm MoMagic. This could possibly be the first time that a Lucknow-based startup has raised such a big amount of money. The capital raised will be utilised to build more school learning...

7 May, 2016 | More »

MoMagic

Foxconn unit invests in marketing analytics startup MoMagic

FIH Mobile Ltd, a subsidiary of Foxconn Technology Group, has picked up 10 per cent stake in Noida-based MoMagic Technologies. The investment will allow FIH to extend its presence in India. The investment was made by FIH’s subsidiary Wonderful Stars Pte. Ltd. “Our investment in MoMagic Techn...

30 November, 2015 | More »

Jun Lei

Xiaomi, Foxconn team up to assemble smartphones in India

Giving a leg up to the Make in India programme, Xiaomi today said it has partnered with Taiwan’s Foxconn to set up a mobile phone manufacturing unit here as the Chinese technology major looks at grabbing a larger share of the booming Indian handset market. The company, which started operations...

10 August, 2015 | More »

Kunal Bahl

Snapdeal reportedly secures $500M from Foxconn, Alibaba and SoftBank

Online marketplace Snapdeal has secured $500 million in a fresh round of funding from iPhone manufacturer Foxconn, Chinese e-commerce giant Alibaba and existing investor SoftBank, according to a report in technology news website Re/code. Snapdeal will use the money to expand geographical reach and ...

3 August, 2015 | More »

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Excl: Now Taiwan’s Foxconn in race to invest up to $700M in Snapdeal

Delhi-based Jasper Infotech Pvt Ltd, which runs e-commerce marketplace Snapdeal.com, has attracted interest from Taiwan-based Foxconn Technology Group, one of the world’s largest contract electronics manufacturing firms, to raise as much as $600-700 million in a fresh round of funding, at le...

11 March, 2015 | More »