Indians received 67-72% of total US H1-B visas in last 5 years
125,528 Indian nationals were issued H1-B visas in 2018 while 129,097 Indian nationals were issued H1-B visas in 2017 (via)
Yatra acquired by Ebix for $337.8mn
Ebix makes software for the insurance, financial and healthcare industries. Yatra will continue to run independently (via)
Ebay invests in Paytm mall for 5% stake #CrossBorderCommerce
Close to $150 mn investment. Ebay’s global inventory will be available to Paytm customers (via)
Sachin Bansal invests in boAt headphones
boAt sells over 8,000 units per day and on an average 5 units every minute – thanks to affordable pricing (via)
OYO Founder, Ritesh Agarwal has set up a Cayman Islands-registered entity
To increase his stake from 10% to 30%. Also planning to undertake a potential $1.5 billion share buyback from early investors Sequoia and Lightspeed (via)
Netflix launching a cheaper mobile-only plan for India
An effective way to introduce Indians to Netflix and to further expand the business in a market where Pay TV ARPU is below $5 (via)
News: AM 👇
– @_sachinbansal invests in boAt headphones
– @YatraOfficial acquired by Ebix
– @eBay invests in @PaytmMall
– @riteshagar sets up a Cayman entity to increase his stakeand more.. https://t.co/KeWrUqECiM pic.twitter.com/FdMjwgcvgK
— NextBigWhat (@nextbigwhat) July 18, 2019