Dearton Thomas Hector

Food delivery startup Swiggy is now a unicorn after $210 mn funding round

Dearton Thomas Hector

In its biggest-ever fundraise till date, online food delivery startup Swiggy has secured $210 million (around Rs 1,400 crore) ....

21 June, 2018

Uber India's support unit sees growth stagnate in FY17, profit up a tad

Dearton Thomas Hector

The key India unit of US-based ride-hailing app Uber saw its revenue growth flatten for the financial year ended March 2017. Mumbai-based ....

21 June, 2018
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Uber appoints new head for India and South Asia

Dearton Thomas Hector

US-headquartered cab aggregator Uber on Tuesday announced the appointment of Pradeep Parameswaran as its new president for India ....

19 June, 2018

Ed-tech startup Chrysalis secures fresh funds

Dearton Thomas Hector

Chrysalis, an education services provider operated by EZ Vidya Pvt. Ltd, has raised an undisclosed amount in fresh capital from ....

19 June, 2018

Co-working space startup IndiQube raises Series A funds

Dearton Thomas Hector

Co-working space startup IndiQube, operated by Innovent Spaces Pvt. Ltd, on Monday said it has raised $15 million (close to Rs ....

18 June, 2018

Will scale up e-commerce biz when revenue is assured: Infibeam MD Vishal Mehta

Dearton Thomas Hector

Infibeam Incorporation Ltd has had an eventful couple of months. The operator of India’s only listed e-commerce firm has ....

18 June, 2018
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Former Jabong COO quits Myntra in another top-level exit

Dearton Thomas Hector

Muralikrishnan B, a senior vice-president (SVP) at Myntra, has quit the fashion e-tailer, Moneycontrol reported, citing sources ....

14 June, 2018

Ola lost Rs 4 for every rupee earned in revenue for FY17

Dearton Thomas Hector

Homegrown cab aggregator Ola more than doubled its revenue in the year through March 2017 but reported a wider loss as it continued ....

13 June, 2018

Truecaller buys money transfer app Chillr

Dearton Thomas Hector

Sweden-headquartered caller identification app Truecaller has acquired multi-bank payments app Chillr, the company announced at ....

13 June, 2018

Amazon-backed BankBazaar targeting break-even by end of FY19, says CEO Adhil Shetty

Dearton Thomas Hector

Online financial services marketplace BankBazaar is aiming to turn profitable on an operating level in the last quarter of the ....

13 June, 2018
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Hyperlocal delivery startup DailyNinja gets Series A cheque

Dearton Thomas Hector

Hyperlocal delivery startup DailyNinja has raised $3 million (around Rs 20 crore) in a Series A funding round led by new investor ....

13 June, 2018

Can Uber woo more Indians with its Lite app?

Dearton Thomas Hector

In a move to expand its India play, global ride-sharing firm Uber has launched a space-saving, Lite version of its app in the ....

12 June, 2018

With govt ready to hit Ctrl+Alt+Delete, startups must get serious about compliance

Dearton Thomas Hector

There are more than 17 lakh registered companies in India, according to the Ministry of Corporate Affairs. At least 11 lakh of ....

12 June, 2018

Angels still fear to tread: First cheques for Indian startups continue to dip

Anand J & Dearton Thomas Hector

The startup funding pain that started in 2016, which saw angel and seed investments shrinking, is far from over. First cheques ....

8 June, 2018

Social commerce platform Meesho raises Series B funding

Dearton Thomas Hector

Bangalore- and California-based Meesho, an online marketplace for resellers, has raised $11.5 million (Rs 77 crore) in a Series ....

7 June, 2018

SoftBank-backed Ola's revenue nearly doubles in FY17

Dearton Thomas Hector

The total income of homegrown cab aggregator Ola, operated by ANI Technologies Pvt. Ltd, nearly doubled in the financial year ....

6 June, 2018

PhonePe lost Rs 43 for each rupee in revenue for FY17

Dearton Thomas Hector

PhonePe Pvt. Ltd, the payments app owned by online retailer Flipkart, plunged deeper into the red for the financial year ended ....

6 June, 2018

Zomato's chief business officer Mukund Kulashekaran steps down

Dearton Thomas Hector

Mukund Kulashekaran, the chief business officer at online restaurant discovery and food delivery company Zomato, has quit the ....

5 June, 2018

Ola Fleet revs up FY17 revenue nearly 18 times

Dearton Thomas Hector

Ola Fleet Technologies Pvt. Ltd, the cab-leasing arm of Ola, posted a steep rise in revenue for the financial year 2016-17 but ....

4 June, 2018

Flipkart's marketplace arm narrows loss in FY17, revenue up 15%

Dearton Thomas Hector

The consolidated net loss of Flipkart Internet Pvt. Ltd, which operates the marketplace of homegrown e-commerce major Flipkart, ....

31 May, 2018

Amazon's India marketplace FY17 loss widens as costs climb

Dearton Thomas Hector

Amazon Seller Services Pvt. Ltd, the Indian online marketplace arm of Amazon.com Inc., sank deeper into the red in the year through ....

31 May, 2018