Author: Akanksha Nagar

Libas secures Rs 150 cr funding to bolster omni-channel presence

Libas also plans to leverage its brand, design capabilities, technology infrastructure, and supply chain network across channels to create a true omnichannel business. The bootstrapped brand crossed the Rs 500 crore revenue mark in FY24.

This marks the first-ever external fundraise by Zivore Apparel (Libas-parent). The fresh capital is expected to help build omnichannel presence for Libas and double its sales in the next two years to reach Rs 1,000 crore mark.

Vi signs a strategic partnership with Netflix

Netflix's European headquarters are located in the Netherlands, making the Dutch Data Protection Authority (DPA) responsible for investigating a complaint filed against the company.

Vi has introduced an affordable Netflix Basic bundled unlimited plan for its prepaid users, postpaid offering to be launched soon

DoT and MHA pull the reins on SMS scammers

OTT communication apps, including WhatsApp and Telegram, are facing pressure from telcos and advertisers over spam-related risks.

Department of Telecommunications (DoT), in collaboration with the Ministry of Home Affairs (MHA), has taken decisive action to protect citizens from potential SMS fraud through the Sanchar Saathi initiative.