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Sources Dealshare Dec.Singhtechcrunch Indian Whatsapp 100M
One of the biggest and most talked about news stories of the year was the announcement of a major tech deal between Indian company Dealshare and US-based technology blog Techcrunch. The $100 million deal, announced in December, saw Facebook-owned WhatsApp subsidiary pay Dealshare an undisclosed sum, further increasing the already sizable presence of the Indian tech giant in the world tech arena.
This deal was seen as a major boost to the tech infrastructure in India, providing the industry with the capital, resources, and reach needed to compete in the highly competitive global tech industry. At the same time, the partnership between Dealshare and Techcrunch also provides Techcrunch with access to India’s vast and emerging tech market, a key factor in its global ambitions.
The partnership between Dealshare and Techcrunch builds on the success of the two companies in their respective markets. Dealshare is one of India’s leading providers of tech services and products, providing businesses with innovative and affordable solutions to their tech needs. Techcrunch, meanwhile, is a leading global technology blog with millions of readers around the world.
The partnership between Dealshare and Techcrunch aims to increase the visibility of Dealshare’s products and services in the United States and Europe while also providing Techcrunch with a presence in the Indian market. For Techcrunch, the partnership with Dealshare also provides a platform to promote its content to India’s tech-savvy population.
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The deal between Dealshare and Techcrunch is yet another example of the growing penetration of Indian companies into the global technology sector. The partnership follows on from a number of other successful deals in recent years, including Reliance Industries’ purchase of a majority stake in chat platform Hike and the acquisition of mobile payments firm Paytm by SoftBank. These deals have further opened up the Indian market to international investors, making it an attractive option for global businesses.
At the same time, the Dealshare-Techcrunch partnership has also demonstrated the willingness of foreign companies to invest in the Indian tech sector, something that has the potential to provide further boosts to the country’s technology industry.
In conclusion, the partnership between Dealshare and Techcrunch marks a milestone in the growth and development of India’s tech sector. The deal not only provides greater access for Techcrunch to the Indian market, but also serves as a reminder to global investors of the promise of India’s tech industry.
FAQs
Q: What is the nature of the partnership between Dealshare and Techcrunch?
A: The partnership between Dealshare and Techcrunch is a deal in which Facebook-owned WhatsApp subsidiary paid Dealshare $100 million for an undisclosed sum, providing Techcrunch with access to India’s tech market and Dealshare with the capital and resources to further its global ambitions.
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Q: What impact will this deal have on the Indian tech industry?Â
A: The partnership between Dealshare and Techcrunch is yet another example of the growing penetration of Indian companies into the global technology sector, providing the industry with the capital, resources, and reach needed to compete in the international market. At the same time, it also serves as a reminder to foreign investors of the promise of India’s tech industry.