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NAMA Digest: Developments at Oyo, Ola, Network 18, Truecaller, MobiKwik, Naspers and more

A quick roundup of the developments in the Indian and international digital, tech and business ecosystem. Developments in the digital ecosystem Naspers wants to invest $1 billion in India, which could see it increasing its presence in food delivery, reports Mint. Former Paytm VP Sonia Dhawan was granted bail by the Allahabad High Court after being jailed since October for allegedly stealing personal data and extorting money from Paytm CEO Vijay Shekhar Sharma, reports The Economic Times. Video content discovery platform Dailymotion has entered into a content partnership with production company Rajshri Entertainment, reports Business Standard. Paytm Payments Bank has launched its own mobile app which enables balance checking, requests for debit cards, etc, reports Business World. The service claims to have 43 million savings accounts customers. Oyo Rooms is in talks with several venture debt firms and private banks to raise funds to expand its Townhouse property vertical in India, reports Mint. Meanwhile, Oyo and MakeMyTrip have renewed their commercial agreement for another 5 years, per the Economic Times. The agreement would exclude Oyo's rivals Treebo Hotels and FabHoetls from MakeMyTrip's platforms. Oyo is reportedly charging the travel company a commission of 15-25% for the deal. Network18 has reorganized its channels around three clusters: English and Business cluster, Hindi cluster, and Languages cluster, per Exchange4Media. It has hired heads for each cluster: Basant Dhawan joins as CEO of the English & Business cluster, Mayank Jain for Hindi cluster, and Karan Abhishek for the Languages cluster. Nik.ai has partnered with…

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