Uber CEO says car ownership bigger threat than Ola, vows to invest more in India

Anirban Ghoshal

Uber's chief executive officer Dara Khosrowshahi said on Wednesday that the ride-hailing company will continue to invest in ....

22 February, 2018

OYO vs Zo: A doomed courtship is now headed to court

Anand J

OYO and Zo Rooms are at it again. After a marriage failed to materialise, the long-sparring online budget hotel operators will ....

21 February, 2018
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Japan's Sony plans AI-powered taxi-hailing system to take on SoftBank

Reuters

Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan's taxi and ride-hailing ....

20 February, 2018

ARM working on new chip to support AI, ML workloads on mobile devices

Anirban Ghoshal

British chip designer ARM Holdings Ltd is working on a new project called Trillium to develop chips that can support artificial ....

15 February, 2018

Startups Club seed fund backs three ventures, plans 15 deals this year

Manu P Toms

Startups Club Incurator's (SCIN) India-focussed seed fund has backed three early-stage ventures - augmented reality firm Vicara ....

13 February, 2018

SoftBank, China’s Didi to roll out ride-hailing venture in Japan

Reuters

China’s Didi Chuxing and SoftBank Group Corp will roll out a venture in Japan later this year to provide ride-hailing services, ....

9 February, 2018
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eBay takes $61 mn impairment hit on Snapdeal investment

Anand J

Global e-commerce firm eBay Inc. has written down its investment in online marketplace Snapdeal but recorded gains by selling ....

8 February, 2018

Exclusive: Ola to shut down bus unit Shuttle

Manu P Toms

Indian ride-hailing company Ola is completely shutting bus unit Ola Shuttle after scaling it down in several cities in recent ....

6 February, 2018

Walmart in talks to buy minority stake in Flipkart: Report

Vijayakumar Pitchiah

US-based offline and online retailer Walmart Stores Inc. is in advanced stages of talks to buy a significant minority stake in ....

31 January, 2018

Ola goes global with Australia launch, takes on Uber

Manu P Toms

Amid heightened speculation over Ola and Uber collaborating in India, the homegrown ride-hailing unicorn has made its first overseas ....

30 January, 2018
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Paytm’s valuation may jump to $10 bn after share sale to new investors: Report

Vijayakumar Pitchiah

Digital payments firm Paytm, operated by Noida-headquartered One97 Communications Ltd, is likely to see its valuation jump to ....

23 January, 2018

Snapdeal strategy head Jason Kothari formally takes over at FreeCharge

Arti Singh

E-commerce firm Snapdeal, operated by Jasper Infotech Pvt. Ltd, has appointed Jason Kothari as chief executive officer of its ....

20 March, 2017

Snapdeal's potential fundraise from Softbank may cut its valuation in half

Disha Sharma

E-commerce firm Snapdeal is in talks to raise funds from existing investor Softbank, which could see its valuation fall below ....

8 March, 2017

Snapdeal loses yet another long-timer as Grabbon co-founder Tony Navin quits

Binu Paul

Tony Navin, Snapdeal's head of partnerships and strategic initiatives and one of its oldest employees, has quit the company, ....

10 February, 2017

Snapdeal sees two more senior-level exits

Disha Sharma

Snapdeal's head of corporate development Abhishek Kumar and senior vice president Sandeep Komaravelly have quit the home-grown ....

7 February, 2017

Vanguard slashes Ola's valuation by 41%

Binu Paul

A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in ANI Technologies Pvt ....

3 February, 2017

Exclusive: Ola in the midst of top level churn

Manu P Toms

Homegrown cab-hailing operator Ola is likely to witness two top-level exits soon. According to multiple people aware of the development, ....

1 February, 2017

OYO may raise $500 mn from SoftBank, check into unicorn club

Varun Arora

Branded budget hotels marketplace OYO Rooms, run by Oravel Stays Pvt. Ltd, is in talks to raise $300-500 million (Rs 2,000-3,335 ....

27 February, 2017

Snapdeal in talks with Softbank to raise funds at lower valuation

Disha Sharma

E-commerce marketplace Snapdeal is in talks with its investor Softbank Group to raise fresh funds at a lower valuation. The e-commerce ....

25 January, 2017

Snapdeal appoints ex-Housing CEO Jason Kothari as strategy & investment chief

Disha Sharma

Online marketplace Snapdeal has appointed ex-Housing CEO Jason Kothari as its chief strategy and investment officer, according ....

11 January, 2017

PropTiger-Housing deal to be signed this week

Team TC

Online property broker PropTiger and SoftBank-funded realty portal Housing.com are in the final leg of talks to ink a merger that ....

9 January, 2017