Online lending segment gains traction as over 25 startups emerge in two years

Joseph Rai & Arti Singh

The last two years have seen the emergence of more than 25 startups in the online lending space, and the majority of them also ....

30 December, 2016

Flashback 2016: Challenging year for India's unicorns

Binu Paul

The internet and tech unicorns that sprung up in the recent years have inspired the entrepreneurial spirit among the country's ....

30 December, 2016
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Myntra's sales growth slows to 38% in FY16, losses widen

Disha Sharma

Flipkart-owned fashion e-tailer Myntra posted a revenue of Rs 1,069 crore for FY16, registering 38% year-on-year growth. Losses ....

30 December, 2016

Flashback 2016: Uber sharpens focus on India after losing China battle

Dearton Thomas Hector

Mid-way through the year, something unexpected happened with Uber "the largest startup in terms of valuation. It gave up in the ....

30 December, 2016

Flashback 2016: Top M&A deals in consumer internet space

Varun Arora

Merger and acquisition activity in India's consumer internet space gathered pace in 2016, driven mainly by consolidation. Although ....

30 December, 2016

Payments startup instantPay secures pre-series A funding

Varun Arora

New Delhi-based SMSdaak India Ltd, which operates digital payments startup instantPay, has raised between $3 million and $5 million ....

30 December, 2016
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Nintendo opens Super Mario Run pre-registration for Android users

Priya Singh

After launching the Super Mario Run for iOS devices earlier this month, Nintendo is now gearing up to launch the Android version. Nintendo, ....

30 December, 2016

Flashback 2016: Flipkart braves markdowns, Amazon threat

Dearton Thomas Hector

A steep markdown in valuation, series of top-level exits, heightened competition and prolonged funding drought—India's biggest ....

30 December, 2016

Flashback 2016: InMobi grapples with top-level exits, losses

Dearton Thomas Hector

On New Year's Day, India's first 'unicorn' InMobi will turn 10 years old. But that milestone doesn't necessarily mean celebrations ....

30 December, 2016

Flashback 2016: Amazon in pole position as revenue surges, capital flows in

Binu Paul

When Amazon looks back at its journey in India, 2016 might stand out as the year when it turned the tables on arch-rival Flipkart. ....

29 December, 2016
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Exclusive: Sundeep Sahni quits as Ola's head of new initiatives

Manu P Toms

Cab hailing service Ola's vice president new initiatives Sundeep Sahni has quit the company, two people with direct knowledge ....

29 December, 2016

Flashback 2016: SoftBank stays on sidelines, tanks up for future

Deepti Chaudhary

By its lofty standards, 2016 was a relatively quiet year for the SoftBank juggernaut. The telecom and Internet conglomerate, which ....

29 December, 2016

Freedom 251 MD Mohit Goel steps down

Disha Sharma

Mohit Goel, managing director of Ringing Bells Pvt Ltd, the company behind the Freedom 251 mobile phone, has resigned from the ....

29 December, 2016

E-commerce startup The Postbox receives funding from Chennai Angels

Binu Paul

The Postbox, a Chennai-based art and lifestyle e-commerce firm, has raised an undisclosed amount of angel funding from The Chennai ....

29 December, 2016

JustBooks secures funding from CoCreate Ventures

Disha Sharma

Investment firm CoCreate Ventures has set up a Rs 15 crore ($2.2 million) fund to help startups pivot or turn around. The firm, ....

29 December, 2016

Apple seeks relaxed labelling laws before manufacturing in India

Priya Singh

Apple Inc has sought relaxed labelling rules from the Indian government so that the Cupertino-based company doesn't have to print ....

29 December, 2016

Alibaba gearing up for India entry, to open office in Mumbai

Binu Paul

Further fueling speculations of its imminent entry into the Indian market, Chinese e-commerce major Alibaba Group is establishing ....

29 December, 2016

Flashback 2016: C-suite reshuffle, legal tangle mark year of upheavals at Mu Sigma

Varun Arora

One of India's earliest unicorns, Mu Sigma Inc. saw everything from controversy to exits to legal drama in the last 12 months. ....

29 December, 2016