Jai Vardhan

Gurgaon

Ceo and Founder at Entrackr

Co-founder & CEO, @entrackr. email: jai at entrackr dot com. #Fintrackr I Follow @unicornpremier

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Articles

Exclusive: Dream11 parent set to invest $50 Mn in Cricbuzz

1 week ago | entrackr.com | Jai Vardhan

Dream Sports, the parent company of fantasy gaming giant Dream11, is set to acquire a stake in Cricbuzz, the popular cricket media platform owned by Times Internet, according to two sources familiar with the matter. This would be the first major investment by the Mumbai-based firm in a cricket-focused content platform. “Dream11 is in the final stages of acquiring a 15% stake in Cricbuzz for $50 million,” said one of the sources, requesting anonymity.
Why the Indian startup ecosystem should embrace Piyush Goyal’s reality check

2 weeks ago | entrackr.com | Jai Vardhan

App forwards rarely spark serious conversations across India’s startup ecosystem, but one particular forward recently created a stir and offended a significant section of the community. During his keynote at Startup Mahakumbh in New Delhi, Commerce Minister Piyush Goyal pulled out a viral creative that compared the current status of Indian startups with those in China.
Why is Superman Estate suing Warner Bros. Discovery and its DC Comics? Explored

2 months ago | sportskeeda.com | Jai Vardhan

The estate of Superman creator Joseph Shuster is suing Warner Bros. Discovery and its subsidiary, DC Comics. As reported by Deadline, the lawsuit filed on Friday, January 31, 2025, claimed that the media company does not have the legal authority to release the forthcoming summer tentpole in a few significant areas.
The Twits: Confirmed list of voice cast so far

2 months ago | sportskeeda.com | Jai Vardhan

The Twits is an upcoming animated comedy film co-produced and directed by Phil Johnston, based on the 1980 novel of the same name by Roald Dahl. The Twits will be brought to life in an animated adaptation, capturing the essence of the mischievous and darkly humorous tale. Mr. and Mrs. Twit are a horrible, evil pair who take pleasure in playing nasty tricks on each other and everyone around them.
Is Reese Witherspoon married? Explored

2 months ago | sportskeeda.com | Jai Vardhan

Reese Witherspoon is an American actress and producer. She has long been a subject of public interest, particularly regarding her personal life. Witherspoon is known for her roles in films such as Legally Blonde, Walk the Line, and Wild, and has cultivated a career beyond acting and into production and business ventures. Beyond her acting career, Witherspoon has built a strong reputation as a producer and entrepreneur.
Powerless but profitable: How Google India evades accountability

Oct 16, 2024 | entrackr.com | Jai Vardhan

In a legal filing, Google India Private Limited clarified its limited role as a mere operational arm of Google LLC, while claiming to have no authority over key services such as YouTube, Ads, Search, G Suite, Google Play Store and others. Google India claimed it only operates as a “non-exclusive reseller” of the Google Ads program in India and functions solely as a support entity, according to a judgment by Bombay High Court in August 2021.
Exclusive: Amazon nears complete acquisition of Axio in all cash deal

Jul 30, 2024 | entrackr.com | Jai Vardhan

E-commerce major Amazon appears to be inches away from its second acquisition in the Indian fintech space, after Emvantage. The company is in advanced discussion to acquire online lending platform Axio (formerly Capital Float), two sources told Entrackr. This would be the second acquisition by Amazon this year. It had acquired MX Player’s assets in May to scale its Mini TV offerings in India. “Amazon is buying Axio in a $150-175 million all cash deal,” said one of the sources requesting anonymity.
How profitable InCred stands out among bleeding fintech lenders: Interview with Bhupinder Singh

Jul 24, 2024 | shorturl.at | Jai Vardhan

Lending has turned out to be the most obvious money making channel for fintech startups in India. Right from large to small fintech companies are resorting to distributing loans through own and third party lenders such as banks and NBFCs. Most growth stage fintech startups have been lending aggressively, but they still bear huge losses on a consolidated basis. However, the eight-year-old InCred is an exception as the firm’s operating revenue spiked 48% to Rs 1,267 crore in FY24.
How profitable InCred stands out among bleeding fintech lenders: Interview with Bhupinder Singh

Jul 24, 2024 | entrackr.com | Jai Vardhan

Lending has turned out to be the most obvious money making channel for fintech startups in India. Right from large to small fintech companies are resorting to distributing loans through own and third party lenders such as banks and NBFCs. Most growth stage fintech startups have been lending aggressively, but they still bear huge losses on a consolidated basis. However, the eight-year-old InCred is an exception as the firm’s operating revenue spiked 48% to Rs 1,267 crore in FY24.
Is Angel Tax removal half baked relief for startups?

Jul 23, 2024 | entrackr.com | Jai Vardhan

The Indian startup ecosystem has been rejoicing the removal of Angel Tax but the relief is not retrospective. This essentially means that angel investments made before April 2024 are subject to 30% upfront tax. If the removal is limited prospectively, this is half-baked relief as startups, investors and other stakeholders have been fighting for removal of Angel Tax completely including retrospective investments.