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LEAD STORY

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

Tuesday, March 21, 2017 | More »

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Tiger Global, the biggest investor in Flipkart, may have struck a deal with Microsoft and other new investors to sell a part of its stake in the e-commerce company in the latest fund-raising round that valued it at $9.3 billion pre-money, a person familiar with the conversations told VCCircle. While...

Tolexo

Online business goods marketplace Tolexo shuts down retail B2B wing

Noida-based IndiaMART InterMESH Ltd is shutting down the retail B2B wing of its online business goods marketplace Tolexo due to flagging sales and underperformance following the government’s demonetisation move, Dinesh Agarwal, the company’s founder and chief executive, told VCCircle. Ag...

16 March, 2017 | More »

N Chandrasekaran

Chandrasekarans in startup world: It’s resolve, not the IIT-IIM tag, that matters

The elevation of Tata lifer N Chandrasekaran as chairman of India’s most revered corporate group—the $103-billion salt-to-software conglomerate Tata Sons—begs the much-debated question: Does one’s college pedigree matter? Corner offices at top business houses, both in India and abroa...

13 January, 2017 | More »

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PropTiger-Housing deal to be signed this week

Online property broker PropTiger and SoftBank-funded realty portal Housing.com are in the final leg of talks to ink a merger that may be announced as early as this week, two persons aware of the development told Techcircle. This would mark the second such consolidation among the top tier ventures in...

9 January, 2017 | More »

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Exclusive: LetsMD raises additional angel investment

LetsMD, a fintech startup in the health space, has completed its angel round of investment with the participation of WaterBridge Ventures, co-founder Nivesh Khandelwal told TechCircle.in. Calcutta Angels Network (CAN), LetsVenture, a platform that connects startups with investors, Anupam Mittal, fou...

29 December, 2016 | More »

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Exclusive: AsoCon raises seed investment from Quarizon

Process management startup AsoCon Outsourcing India Pvt. Ltd. has raised an undisclosed amount of seed investment from early stage investment firm Quarizon. “We would also be providing shared services to Quarizon’s investee companies,” Sanjay Nagi, the founder and chief executive of AsoCon...

22 December, 2016 | More »

IBIBO-MMT

Online travel portals MakeMyTrip and ibibo to merge

In the biggest consolidation move in the online travel agency (OTA) space in India, NASDAQ-listed MakeMyTrip Ltd has agreed to buy ibibo Group, which is co-owned by South African technology group Naspers Ltd and Chinese investment firm Tencent, in a stock deal. Naspers and Tencent, which own 91% and...

18 October, 2016 | More »

Dhiraj Rajaram

Dhiraj Rajaram gains controlling stake in Mu Sigma; becomes CEO

The founder of data analytics firm Mu Sigma Inc., Dhiraj Rajaram, is back as the CEO of the company after his former wife Ambiga Subramanian stepped down from the post. Rajaram took over as the CEO last Friday. Subramanian sold her entire stake to Rajaram, resulting in him having a controlling stake...

4 October, 2016 | More »

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Will Google’s ride sharing services hurt Uber & help Ola?

That everything is fair in love and war holds true for technology sector. Google, the US-based search giant, is entering ride-sharing services, said a report by WSJ. Incidentally, Google happens to be a stakeholder in Uber, the world’s largest cab hailing company, and its new project will clearly ...

2 September, 2016 | More »

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Grocery app MovinCart shuts down

Hyperlocal grocery delivery app MovinCart has closed down its operations, with two of its three founders setting up a logistics-tech startup, a person close to the development, who did not want to be identified, told Techcircle.in. According to the person, the hyperlocal delivery space had become to...

6 May, 2016 | More »

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