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IPL for Free🏏, Zomato Everyday🍴, Bill Gates buys stake in Heineken🍺
Ambani to stream IPL for free, Zomato replaces 10-min delivery, Bill Gates buys stake in Heineken, Funding Deals, Fact and more.
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Ambani to stream IPL for free after paying $2.7 Bn🏏
Billionaire Mukesh Ambani’s conglomerate will stream Indian Premier League (IPL) cricket games for free, using its exclusive rights to one of the world’s most-watched sporting events.
Viacom18 Media Pvt., the joint venture between Paramount Global and Ambani’s conglomerate Reliance Industries Ltd., licensed the IPL streaming rights last year for $2.7 billion, fending off competitors Disney and Sony Group Corp.
Free media services such as Google and Facebook generate billions of dollars in advertising sales in the country and have had far more success than paid premium products like Netflix.
Zomato replaces 10-min delivery with home-style meals under ‘Everyday’🍴
Gurgaon-based food delivery platform Zomato on Wednesday launched Zomato Everyday which will offer affordable meals cooked by home chefs.
Zomato Everyday will replace Zomato Instant, under which the company planned to offer 10-minute deliveries for select food items. The service is currently available only in select areas of Gurgaon.
“Eating well does not have to be expensive or time-consuming. With fresh meals starting at only Rs 89, our customers can eat healthier and better daily,” the company wrote in a blog post.
Edtech company AdmitKard has secured Rs 50 crore in a Series A round led by GSV Ventures and other investors.
Fintech startup Eko India Financial Services has received Rs 30 Crores from EXXORA, the family office of Sriram Natarajan, as part of its Rs 75 Crores Series B funding round.
COGOS, a tech-logistics start-up has raised $1.2 million in debt financing from Vivriti Capital.
TreZix, a B2B SaaS platform for export and import, has raised $1.2 million in seed funding round from the Gujarat government and Soha Ventures, along with other angel investors.
SaaS startup Crest has raised $800,000 in its pre-seed funding round led by India Angel Network and Inflection Point Ventures.
Bill Gates buys minority stake in Heineken for $902 million🍺
Bill Gates has acquired a minority stake in Heineken Holding NV, the controlling shareholder of the world’s second-largest brewer, for about $902 million.
The Microsoft founder and philanthropist last week picked up 3.8% of Heineken Holding, according to a filing by the Dutch regulator AFM.
He bought 6.65 million shares in Heineken Holding, in his individual capacity, and another 4.18 million shares through the Bill & Melinda Gates Foundation Trust.
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Did you know?
Salty and spicy snacks activate the pleasure center of your brain and can have antidepressant effects.🍟
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