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Exclusive: Amazon elevates India head Amit Agarwal

Thursday, March 16, 2017 | More »

US-based Amazon.com, Inc. has elevated India chief Amit Agarwal to senior vice president (SVP), making him one of the few SVPs at the e-tailing giant globally, a person familiar with the development told VCCircle. The meatier role is a likely reward for Agarwal’s successful efforts in building...


Chinese accelerator ZDream Ventures buys startup database platform Xeler8

Chinese accelerator and venture fund ZDream Ventures has acquired Xeler8, Inc., an intelligence platform providing startup database to venture capital and private equity (PE) firms, according to a press statement. ZDream, however, did not disclose the deal valuation. The 12-member team of Xeler8 wil...

19 January, 2017 | More »


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

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...

24 July, 2015 | More »


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 »