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Samsung ditches Galaxy Note series this year, bets on foldables
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Samsung places all its bets on foldable smartphones and says there won t be a Galaxy Note in 2021
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16 unicorns, $11 billion funding: Indian startups rise sans Chinese money
The great Indian tech startup story is being rewritten amid the Covid-19 pandemic as traditional sectors still bear the brunt.
| 26 July 2021 1:35 AM GMT
NEW DELHI: The great Indian tech startup story is being rewritten amid the Covid-19 pandemic as traditional sectors still bear the brunt.
With 16 unicorns (startups with a valuation of over $1 billion) and more than $11 billion in funding, chiefly from the US-based investment firms (till June-end), the year 2021 has proved that Chinese investment is no longer needed in a self-reliant India amid the new normal.
The Indian tech startups started to shun Chinese investment in 2020 as desi corporates and wealthy individuals, along with investors from other countries, came on board to fund the homegrown firms.
16 unicorns, $11bn funding: Indian startups rise sans Chinese money
Sun, Jul 25 2021 9:27 IST |
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RMB banknotes. (File Photo: Xinhua/IANS). Image Source: IANS News
New Delhi, July 25 : The great Indian tech startup story is being rewritten amid the Covid-19 pandemic as traditional sectors still bear the brunt.
With 16 unicorns (startups with a valuation of over $1 billion) and more than $11 billion in funding, chiefly from the US-based investment firms (till June-end), the year 2021 has proved that Chinese investment is no longer needed in a self-reliant India amid the new normal.
The Indian tech startups started to shun Chinese investment in 2020 as desi corporates and wealthy individuals, along with investors from other countries, came onboard to fund the homegrown firms.
Pegasus Spyware Scandal: Now Users Will Think Twice Before Buying iPhone, Says Expert
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