YouTube has acquired social commerce startup Simsim, the Google-owned firm said on Tuesday. Neither of the firms disclosed the terms of the deal, but two people with knowledge of the matter told TechCrunch the Indian startup was valued at over $70 million. Two-year-old Simsim had raised about $17 million prior to today’s announcement and was valued at $50.1 million in its 2020 Series B financing round.
The Gurgaon-headquartered startup helps small businesses in India transition to e-commerce by using the power of video and creators. The startup’s eponymous app acts as a platform to connect local businesses, influencers and customers.
American carmaker Ford is working on its Ecosport 2022 facelift version, before the official launch, the car has been spotted in many cities and districts while testing. Due to rising competition in the sub-4 metre UV segment in the Indian market. According to the media reports, Ford seems all set to introduce its new generation EcoSport by end of 2022 or at the start of 2023, but the company has not revealed any launching plans yet.
The Canadian government has suspended flights to and from India for 30 more days till August 21. Flights between India and Canada were suspended till July 21 previously. Canadian Transport Minister Omar Alghabra confirmed the development in a tweet.
Alghabra tweeted, “Protecting the health and safety of Canadians is our top priority. After reviewing the current international COVID situation we have decided to renew the direct flight ban between Canada and India for 30 days, to August 21, 2021.”
The official Twitter account of Asaduddin Owaisi’s All India Majils-e-Ittehadul-Muslimeen (AIMIM) was ‘hacked’ for few hours on Sunday but was later restored. The hackers had renamed the profile as “Elon Musk’, news agency PTI reported citing sources.
The same account was hacked nine days ago but was restored. It was again hacked at around 1 pm on Sunday (18 July), according to the report.