Weekly wrap: Startup survey; Q&A with Amazon India head; Ola probes alleged fraud

Manu P Toms

The past week saw firms such as non-banking financial company Lendingkart Finance Ltd, self-drive car rental startup Zoomcar, ....

17 February, 2018

Zoomcar raises $40 mn in Series C round led by Mahindra & Mahindra

Manu P Toms

Automotive major Mahindra & Mahindra Ltd has picked up a 16% stake in self-drive car rental startup Zoomcar for $27.6 million ....

16 February, 2018
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Snapdeal chief strategy officer Jason Kothari invests in US startup ItsByU

Manu P Toms

Jason Kothari, chief strategy and investment officer at Snapdeal, has made a personal investment in ItsByU, a flower e-commerce ....

15 February, 2018

Anxious creditors await recovery as AskMe heads for auction

Manu P Toms

As e-commerce website AskMe’s parent Getit Infoservices Pvt. Ltd heads for an auction intended to end its insolvency, there ....

15 February, 2018

Startups Club seed fund backs three ventures, plans 15 deals this year

Manu P Toms

Startups Club Incurator's (SCIN) India-focussed seed fund has backed three early-stage ventures - augmented reality firm Vicara ....

13 February, 2018

Seedfund co-founder Mahesh Murthy arrested in sexual harassment case, gets bail

Manu P Toms

Mahesh Murthy, a prominent angel investor and co-founder of venture capital firm Seedfund, was arrested in Mumbai on Friday in ....

9 February, 2018
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Exclusive: Ola to shut down bus unit Shuttle

Manu P Toms

Indian ride-hailing company Ola is completely shutting bus unit Ola Shuttle after scaling it down in several cities in recent ....

6 February, 2018

Naukri parent Info Edge posts 22% rise in Oct-Dec revenue

Manu P Toms

Info Edge India Ltd, the parent company of a host of online service providers including Naukri.com, Jeevansathi.com and 99acres.com, ....

2 February, 2018

Alibaba’s payment affiliate invests $200 mn in Zomato

Manu P Toms

Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is raising $200 million from Chinese e-commerce giant ....

2 February, 2018

Budget 2018: What’s in it for startups?

Manu P Toms

Union Finance Minister Arun Jaitley made a series of proposals in his Budget for 2018-19 that generated considerable interest ....

2 February, 2018
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Ola goes global with Australia launch, takes on Uber

Manu P Toms

Amid heightened speculation over Ola and Uber collaborating in India, the homegrown ride-hailing unicorn has made its first overseas ....

30 January, 2018

Team Indus ends pursuit of Google Lunar XPrize

Manu P Toms

Aerospace startup Team Indus has stopped its pursuit of $20 million Google Lunar XPrize, the global competition to get a robotic ....

24 January, 2018

Exclusive: Tiger Global may be part-exiting Flipkart with 3x return

Manu P Toms

Tiger Global, the biggest investor in Flipkart, may have struck a deal with Microsoft and other new investors to sell a part of ....

21 March, 2017

Why Inventus' Kanwal Rekhi doesn't regret giving Flipkart, Snapdeal a miss

Manu P Toms & Bruhadeeswaran R

Many moons ago, Kanwal Rekhi and John Dougery, the founding partners of Inventus Capital, carefully examined two fledgling e-commerce ....

17 March, 2017

ShopClues investors rally behind Radhika and Sanjay in battle against Sandeep Aggarwal

Manu P Toms

ShopClues investors have rallied behind the firm's management led by Radhika Aggarwal and Sanjay Sethi in their showdown with ....

14 March, 2017

ShopClues co-founder Sandeep Aggarwal accuses wife of stalling his re-entry

Manu P Toms

Marital discord, it seems, has engulfed another Indian unicorn. This time around, Tiger Global-backed e-commerce marketplace ....

13 March, 2017

Forest fire blazing through Indian startup ecosystem: Inventus' Kanwal Rekhi

Manu P Toms

Kanwal Rekhi, co-founder and managing director at VC firm Inventus Capital Partners, has been a known sceptic of the capital-intensive ....

1 March, 2017

Simplilearn is education company of the year: VCCircle Awards

Manu P Toms

Ed-tech firm Simplilearn Solutions Pvt. Ltd has won the News Corp VCCircle education company of the year award for 2017 for the ....

2 March, 2017

Storm in Bombay House over, Ratan Tata to resume startup investing soon

Manu P Toms

Tata Sons interim chairman Ratan Tata has said he would go back to investing in startups this month after handing over the reins ....

7 February, 2017

Exclusive: Uber to take on Ola Shuttle soon with bus, van ride-sharing

Manu P Toms

Notwithstanding its constant denial, Uber is moving fast on introducing ride-sharing on vans and buses in India, with a likely ....

7 February, 2017

Uber hires former Tata Sons exec Madhu Kannan to drive India business

Manu P Toms

Ride-hailing firm Uber Technologies Inc said on Thursday it has appointed Madhu Kannan as its chief business officer for India ....

2 February, 2017