Walmart-Flipkart deal likely as early as next week

Reuters

Walmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, ....

21 April, 2018

WhatsApp rival Line's venture capital arm backs True Balance

Shweta Sharma

Gurugram-based Balancehero India Pvt. Ltd, which operates mobile balance-checking app True Balance, has raised $23 million (Rs ....

20 April, 2018
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NPCI to run pilot on proximity payments, ropes in 3 startups

Anirban Ghoshal

Digital payments supervising body National Payments Corporation of India (NPCI) is running a pilot project on proximity-based ....

20 April, 2018

Has OYO's rapid growth locked out competition from FabHotels and Treebo?

Anand J & Dearton Thomas Hector

Budget hotel chain OYO's strong investor backing and rapid growth appear to have locked out competition from rivals Treebo ....

20 April, 2018

Expense management startup Fyle raises $1.1 mn in fresh round

Dearton Thomas Hector

Bengaluru-based expense management startup Fyle Technologies Pvt. Ltd has raised $1.1 million (Rs 7.26 crore) from investors ....

20 April, 2018

Babycare startup Mamaearth gets funding from Shilpa Shetty

Binu Paul

Honasa Consumer Pvt. Ltd, which owns and operates babycare products startup mamaearth.in, said on Friday that it has raised an ....

20 April, 2018
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Ebix to acquire majority stake in Indian e-learning company Smartclass

Anand J

NASDAQ-listed software firm Ebix Inc. will acquire 60% stake for $8 million (Rs 52 crore) in Indian e-learning company Smartclass, ....

20 April, 2018

Cleartrip unveils travel search powered by Amazon’s voice assistant

Anirban Ghoshal

Mumbai-based travel services company Cleartrip has unveiled online search powered by Alexa, the voice-controlled assistant of ....

19 April, 2018

Alibaba talks up progress in self-driving tech in quest to catch up with Baidu

Anirban Ghoshal

Chinese e-commerce and technology company Alibaba Group has announced making rapid progress on the autonomous-driving front, a ....

19 April, 2018

Former Yahoo CEO Marissa Mayer sets up startup incubator

Anirban Ghoshal

Marissa Mayer, the former chief executive officer of web services provider Yahoo, has rented out her old office in California's ....

19 April, 2018
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Online insurance broker Coverfox completes $22-mn Series C round

Anand J

Online insurance platform Coverfox has completed its $22-million (Rs 144 crore) Series C funding round, which was led by International ....

19 April, 2018

Can home services marketplaces UrbanClap and HouseJoy defy the odds?

Shweta Sharma & Dearton Thomas Hector

Between 2013 and 2015, a number of startups set up shop in India to operate marketplaces that provided a range of home services. ....

19 April, 2018

Uber 'doubling down' on India investments, says top executive

Reuters

Ride-hailing giant Uber Technologies Inc is "doubling down" on its investments in India, one of its biggest markets, ....

18 April, 2018

How Zomato backer Ant Financial became the world's first 'super unicorn'

Reuters

Ant Financial's rapid climb to become the world's biggest super unicorn valued by some investors at around $150 billion ....

18 April, 2018

AI, IoT and VR are changing how home rental startup FastFox does business

Anirban Ghoshal

Experiments with emerging technologies such as artificial intelligence (AI), Internet of Things (IoT) and virtual reality (VR) ....

18 April, 2018

Scooter rental startup Vogo gets funding from Ola, others

Shweta Sharma

The parent of online scooter rental platform Vogo has raised $7 million (Rs 45.5 crore) in funding led by homegrown ride-hailing ....

18 April, 2018

Love thy neighbour: How Chinese cheques are fuelling Indian startups

Anand J

The early days of the venture capital boom saw money flowing into India from all parts of the world. Funding started to dry up ....

18 April, 2018

Private labels to account for 20% of revenue by year-end: ShopClues’ Radhika Ghai

Dearton Thomas Hector

ShopClues seems like a survivor—it fights hard to remain relevant in the midst of the e-commerce war between homegrown giant ....

18 April, 2018

Exclusive: Co-working startup BHIVE's co-founder leaves to join real estate firm

Dearton Thomas Hector

Co-working space startup BHIVE, backed by Blume Ventures, has lost its co-founder Ravindra MK to real estate firm Shriram Properties ....

17 April, 2018

Gray Matters Capital launches education-focused accelerator programme

Binu Paul

US-based impact investment foundation, Gray Matters Capital, has launched an accelerator programme to help ed-tech startups identify ....

17 April, 2018

Nasscom to revamp 10K Startups programme, focus on emerging tech

Anand J

Indian IT industry body National Association of Software and Services Companies is revamping its 10,000 Startups programme, Nasscom ....

17 April, 2018