Tencent has offered a term sheet for a transaction that could potentially value Dream11 at a pre-money valuation of $400-$450 Mn, reports ET.
Earlier, the reports revealed that with Alibaba-Paytm actively pursuing interests in gaming segment, Tencent is also looking to invest in the Indian gaming industry.
Looking to once again disrupt the growing used automobiles market in the country, Droom, India's pioneering online automobile transactional marketplace, has launched ECO, its mobile-based auto inspection solution. The app, which was launched in association with Carnation Auto, is meant to improve the transparency as well as the trust factor associated with buying and selling used automobiles.
Now, let's get this clear at the very beginning: there is no 'right' brand or business name. If the time is right and your customers love what you have to offer, it will succeed, no doubt. It is recommended, though, that you think of how trademark law operates before you settle on the name, though. Knowing how it works will probably save you a bundle in legal fees and a lot of time, particularly as your brand grows.
Blockchain allows each participant on the network to work with the ledger securely without the need for a central authority, the blog explained. Each time a participant adds a "block" of data, participants leverage technology to verify the transaction, and then it's added to the "chain."