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Amazon scales past Wal-Mart and Alibaba as most valued retailer after Q2 earnings surprise

Friday, July 24, 2015 | More »

Amazon.com Inc posted a positive earnings surprise in the second quarter ended June 30, 2015 which set its share price on fire helping it scale past Wal-Mart and Alibaba as the most valued retailer. Wal-Mart is the largest retailer by sales while China’s Alibaba is the world’s top e-com...


Financial services portal BankBazaar raises $59M from Amazon, Fidelity and others

Chennai-based A & A Dukaan Financial Services Pvt Ltd, which sells third-party financial services products through the online platform BankBazaar.com, has raised Rs 375 crore ($59.1 million) in Series C funding from e-commerce giant Amazon and other investors. Fidelity Growth Partners and Mouss...

2 July, 2015 | More »


Amazon comes under tax scanner in Karnataka

The Karnataka state tax department has initiated the process of cancelling the licences of a bunch of third-party vendors of Amazon India, the domestic online marketplace owned by world’s second largest e-commerce company Amazon.com Inc, for ‘violating the current tax norms’, according to var...

16 September, 2014 | More »


Video ad tech platform AdSparx secures under $600K from IAN, Mumbai Angels, Growx

Pune-based Novix Media Inc, the company behind AdSparx, a video ad tech platform for streaming internet videos, has secured Rs 3.5 crore (under $600,000) in an angel round of funding, led by Indian Angel Network with participation from Mumbai Angels and Delhi-based angel investor Growx Ventures Man...

4 June, 2014 | More »