Instagram Founders Quit & Snapchat Points its Camera at Amazon: 4 Things to Know Today

Stay tuned to get every day updates in 60 seconds.

By Sanchita Dash | Sep 25, 2018
Entrepreneur India

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1. Instagram co-founders call it quits. Kevin Systrom and Mike Krieger have resigned from their respective positions to explore their creativity again.

2. Facebook India has a new boss. The social media giant has appointed Hotstar CEO Ajit Mohan as its new managing director and vice-president for India.

3. Snapchat is working on “point-and-buy’ strategy with Amazon. The photo-sharing app might soon allow the users to use its camera to shop directly from Amazon.com.

4. Oyo pockets another billion. The hotel room chain has raised $800 million from Softbank Ventures, Sequoia Capital and Lightspeed for overseas investment with commitment of another $200 million.

Here’s the “news that entrepreneurs can use”. Know what’s trending in the Indian business world in 60 seconds.

1. Instagram co-founders call it quits. Kevin Systrom and Mike Krieger have resigned from their respective positions to explore their creativity again.

2. Facebook India has a new boss. The social media giant has appointed Hotstar CEO Ajit Mohan as its new managing director and vice-president for India.

3. Snapchat is working on “point-and-buy’ strategy with Amazon. The photo-sharing app might soon allow the users to use its camera to shop directly from Amazon.com.

4. Oyo pockets another billion. The hotel room chain has raised $800 million from Softbank Ventures, Sequoia Capital and Lightspeed for overseas investment with commitment of another $200 million.

Here’s the “news that entrepreneurs can use”. Know what’s trending in the Indian business world in 60 seconds.

Sanchita Dash Former Senior Correspondent, Entrepreneur India

Entrepreneur Staff
In the business of news for 5 years now. Making my way across India thanks... Read more

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