Flipkart, Bansals face $1.35B fine; Facebook blocks researchers; and how Astrome’s tech can take high-speed internet to rural India
Flipkart, its founders and current investor Tiger Global, are facing a 100 billion rupee or $1.35 billion fine from Enforcement Directorate for alleged violation of foreign investment laws. Flipkart has said it is in compliance with Indian laws and is cooperating with the directorate. And in today’s tech conversation, Neha Satak, co-founder and CEO of Astrome, talks about commercialisation of her high-capacity wireless communications technology that could accelerate the spread of broadband internet into rural India