News: Yatra acquired by Ebix for $337.8mn; Sachin Bansal invests in boAt headphones

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)

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