Dearton Thomas Hector

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

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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

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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

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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

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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

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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?

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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

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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

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

8 June, 2018
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Social commerce platform Meesho raises Series B funding

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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

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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

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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

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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%

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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

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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

Infibeam reports jump in profit, revenue; e-commerce segment breaks even

Dearton Thomas Hector

Infibeam Incorporation Ltd, the operator of India's only listed e-commerce firm Infibeam and parent of payment gateway ....

30 May, 2018

Capital efficiency key; may skip Flipkart-like bet again: Inventus’ Samir Kumar

Dearton Thomas Hector

Venture capital firm Inventus Capital Partners has been around for almost 25 years globally, and in India, for a decade. It has ....

30 May, 2018

TaxiForSure co-founder’s knowledge-sharing startup Vokal acqui-hires quizzing app

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Vernacular knowledge-sharing platform Vokal has acqui-hired StupidChat Technology Pvt. Ltd, which runs a quizzing app. Vokal co-founder ....

30 May, 2018

Paytm parent One97 Communications posts wider operating loss for FY17

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One97 Communications Ltd, the parent of mobile wallet Paytm, reported a wider operating loss for the financial year ended March ....

29 May, 2018