Premji Spend Eyeing Silicon Valley

Premji Invest, the family investment office of Wipro’s billionaire founder Azim Premji, has now nearly $100 million, or about Rs 620 crore, of investments in the US, after betting on some startups

Alibaba Forms ‘Smart living’ Company Unit

Alibaba is the world’s biggest e-commerce company, has formed an automotive unit and a ‘smart living’ division in the past week, the firm said, as it ramps up its cloud computing, hardware

Xiaomi Mi Band Wearable To Assist Mobile Payments

Alibaba Group Holding Ltd’s finance arm and smartphone maker Xiaomi said on Thursday they will jointly develop mobile payment systems using wearable technology, a first for China’s major tech firms. Xiaomi and

Alibaba Group May Not Invest In Snapdeal

Alibaba Group may not plans to invest in online marketplace Snapdeal, technology website Recode reported, citing a person who was familiar with the matter. Last week, a person informed about the deal