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Why Big Bazaar tied up with Paytm

Kishore Biyani has been extremely critical of the business model followed by e-commerce companies in the past. The founder and group CEO of one of India’s largest organised retailer Future Group, however, cannot close his eyes to the potential of e-commerce and the ever-growing base of custome...

5 August, 2016 | More »

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Apple’s India iPhone sales, market share tumble as pressure mounts to boost growth

Apple Inc.’s mobile-phone shipments and market share in India plunged in the April-June period from a year earlier, according to US-based research firm Strategy Analytics, highlighting the challenges the iPhone maker faces in the world’s third-largest smartphone market. The company shipped 800,0...

5 August, 2016 | More »

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Sequoia India-backed Indonesian on-demand services platform Go-Jek raises $550 mn

Jakarta-based PT Go-Jek Indonesia, which runs personal transportation and hyperlocal shopping app Go-Jek, has secured $550 million in funding from a clutch of investors that include investment firms KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets. Existing investors Sequoia I...

4 August, 2016 | More »

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This for That, a platform for women in constant search of newness

Tanya rummages through her wardrobe every morning for clothes to wear for the day. Her life comes to a standstill as she struggles to break the monotony, and snap out of boredom but cannot, given the same old clothes and colours in her stock. Shopping regularly is not an option as it burns a huge [&...

4 August, 2016 | More »

Vishal Ramchandani (left) & Trishant Sidhwani, Co-founders, Flickbay

Exclusive: Actor Farhan Akhtar-backed film discovery app Flickbay gets seed funding

Film discovery app Flickbay, backed by actor and movie director Farhan Akhtar, has raised $890,000 (about Rs 6 crore) in seed funding from Paul Roy, chairman of Dubai-based Riva Digital. Flickbay, run by Picdot Pte. Ltd, was founded last year by Trishant Sidhwani and Vishal Ramchandani. It has been ...

3 August, 2016 | More »

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Uber-Didi-Ola: A tangled web of shareholding

The merger of UberChina and Didi Chuxing is likely to lead to a tricky relationship among the two companies and Indian cab aggregator Ola. This is because the transaction would give Uber Technologies Inc. a considerable 17.7% stake in Didi Chuxing, according to various media reports. The complicatio...

2 August, 2016 | More »

MobiKwik

MobiKwik to power e-cash payments on IRCTC’s Food on Track app

Mobile payments company MobiKwik and Indian Railway Catering and Tourism Corporation (IRCTC) have tied up to allow travelers to make e-cash payments on IRCTC’s e-catering app Food on Track. MobiKwik will power e-cash payments on the Food on Track app, which allows passengers to book food from ...

2 August, 2016 | More »

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What UberChina’s merger with Didi Chuxing means for India

Uber Technologies Inc.’s decision to exit China after selling its local ride-hailing business to rival Didi Chuxing will make life easier for the two companies but it makes things a bit complicated for India’s largest cab aggregator—Ola. For, San Francisco-based Uber will now have greater room...

1 August, 2016 | More »

Anand Jha Saurabh Khullar

Roposo hires Anand Jha as design head, Saurabh Khullar as sales chief

Gurgaon-based Relevant e-solutions Pvt. Ltd, which runs fashion discovery app Roposo, has hired former Delhivery executive Anand Jha as head of design and Saurabh Khullar as head of sales. Jha will look after the entire user interface and experience while Khullar will be responsible to set up moneti...

1 August, 2016 | More »

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Chinese ride-hailing firm Didi Chuxing to acquire Uber’s local business

Uber Technologies Inc., the ride-sharing company with a reputation of slugging it out with rivals and regulators to capture market share, is giving up in China after agreeing to sell its local business to homegrown firm Didi Chuxing. The deal will end the most watched rivalry in the global cab-haili...

1 August, 2016 | More »