Current Affairs

May 2019 Part 3

▶ IRCTC pulls up RailYatri, TravelKhana over online food ordering services


▶ India second most affected country due to cyber attacks: report


Shoppers Stop to get back on through its subsidiary


Samsung to invest $360 Mn in India to manufacture components, Li-ion batteries




Company Founder
Samsung Lee Byung-chul
Amazon Jeff Bezos
Travelkhana Pushpinder Singh
Shopperstop  K Raheja Corp Group
Railyatri Manish Rathi

Manish Rathi

Lee Byung-chul

Title Text

▶ Jennifer Lopez, Malaika Arora invest in fitness startup SARVA


▶ Will social media Cos let EC disclose problematic content in RTI inquiries?


▶ Could face a shortage of minerals needed to make batteries, says Tesla


Edtech Startup BYJU’S Says It Is Profitable On Full-Year Basis


Company Founder
Tesla Elon Musk
SARVA Sarvesh Shashi
Zomato Deepinder Goyal
BYJUS Byju Raveendran

Deepinder Goyal, Zomato

BYJU Raveendran, BYJUS

Sarvesh Shashi, SARVA fitness



Tiger Global leads $50 Mn Series C round in SaaS startup Zenoti


Ola plans to raise an additional $300 Mn as part of Series J round


▶ Pesto’s mission of upskilling 5.2 Mn engineers gets $2 Mn funding boost from Matrix & Angel Investors


▶ Panned for its treatment of drivers, Uber says will pay for their education



Company Founder
Ola Bhavish Aggarwal CEO
Ankit Bhati CTO
Uber Travis Kalanick
Tiger Global Julian Robertson
Matrix Partners Paul Ferri
Zenoti Sudheer Koneru


Travis Kalanick

Bhavish Aggarwal, Ankit Bhati

Paul Ferri

Julian Robertson


▶ Automation of warehouses still a decade away, says Amazon’s robotics chief


▶ Hyundai to deploy electric cars in Ola’s fleet by 2021


Google to now allow users to auto-delete their location and web history





Company Founder
Amazon Jeff Bezos
Google Larry Page, Sergey Brin


▶ Exports by Amazon’s Indian sellers hit $1 Bn, to touch $5Bn by 2023


UPI digital payments cross $20 Bn but transactions fall


▶ To fend off Reliance threat, Flipkart turns to Kirana stores for smartphone sales



▶ Myntra-Jabong will operate independently of Flipkart, says Walmart exec Judith McKenna


Apple’s long-term India plans include cheaper iPhones, retail stores: CEO Tim Cook


Blockchain this week: US-based Blockfi expands to India and more




Company Founder
Myntra Mukesh Bansal, Vineet Saxena, Ashutosh Lawania
Jabong  Arun Chandra Mohan, Praveen Sinha, Lakshmi Potluri and Manu Kumar Jain
Flipkart Sachin Bansal and Binny Bansal
Blockfi Zac Prince, Flori Marquez
Apple Steve Jobs, Steve Woznaik

Mukesh Bansal, Vineet Saxena,Ashutosh Lawania


▶ Ola, Flipkart set to enter lending market with credit cards


Jungle Ventures makes first close of $175 Mn third fund


PhonePe’s new keyboard allows users to make payments from any mobile app


InCred closes Series A round with nearly $86 Mn in funding





Company Founder
Flipkart Sachin Bansal & Binny Bansal
Jungle Ventures Amit Anand and Anurag Srivastava
InCred Anshu Jain
Phonepe Sameer Nigam


Anshu Jain

Sameer Nigam

Amit Anand and Anurag Srivastava

Sachin Bansal & Binny Bansal


Justdial scrambles to plug multiple leaks as reviewer data goes public


Spotify reports Q1 2019 results, adds 2 Mn users in India


AI-based voice assistant startup MiHup raises $1.7 Mn in Series A round


▶ Real estate veterans raise funds for Coliving startup Housr




Company Founder
Justdial VSS Mani
Spotify Daniel Ek, Martin Lorentzon
MiHup Biplab Chakraborty, Sandipan Chattopadhyay, Sandipan Mandal, Tapan Barman
Housr Deepak Anand



Martin Lorentzon, Daniel Ek

Deepak Anand

Sachin Bansal invests $2.86 Mn in Milkbasket via BAC Acquisitions


Amazon Pay marks its foray in P2P payments via its UPI handle


Paytm’s brand new feature promises to ease recurring payments


▶ Industrial IoT startup Altizon raises $7 Mn from TVS Motors, others




Company Founder
Milkbasket Anant Goel
Amazonpay Jeff Bezos
Paytm Vijay Shekhar Sharma
Altizon  Vinay Nathan


Jeff Bezos, Amazon

Vijay Shekhar Sharma, Paytm

Vinay Nathan, Altizon

Anant Goel, MilkBasket


▶ Indian govt to standardise its social media spending


Amazon spent $1.7 Bn on making original music and video content in Q1 2019


▶ WhatsApp cannibalising Facebook, Instagram revenues, says Zuckerberg


Walmart’s latest ‘Lab’ showcases the future of retail




Company Founder
Amazon Jeff Bezos
Instagram Kevin Systrom, Mike Krieger
Walmart Sam Walton


Sam Walton

Jeff Bezos

Kevin Systrom, Mike Krieger


  • Go through all the keywords in red colour and search them on wikipedia, make a note of the founders, logo, purpose, subsidiaries, parent company, acquisitions, and interesting facts.


✔ Current AffairsMay2019Part3

By IT Quiz

✔ Current AffairsMay2019Part3

Go through all the keywords in red colour and search them on wikipedia, make a note of the founders, logo, purpose, subsidiaries, parent company, acquisitions, and everything important

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