Vijayakumar Pitchiah

CCI approves Amazon’s joint acquisition of food retail chain More

Vijayakumar Pitchiah

The country’s anti-monopoly watchdog has approved private equity firm Samara Capital and e-commerce giant Amazon’s ....

18 January, 2019

Online lending platform Loantap bags $8 mn in fresh capital

Vijayakumar Pitchiah

Mumbai-based LoanTap Financial Technologies Pvt. Ltd, a digital platform that offers loans and overdraft products to salaried ....

18 January, 2019
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Startup founders, investors spot devils in the details of new angel tax norms

Vijayakumar Pitchiah & Payal Ganguly & Shweta Sharma

On Wednesday, the commerce and industry ministry issued a notification that sought to address the contentious ‘angel tax’ ....

17 January, 2019

Byju’s buys AR-based learning platform Osmo for $120 mn

Vijayakumar Pitchiah

Weeks after securing more than half-a-billion dollars in fresh capital, ed-tech unicorn Byju’s has acquired US-based ....

16 January, 2019

Online insurance platform Turtlemint pockets $25 mn in fresh funding

Vijayakumar Pitchiah

Online insurance platform Turtlemint has raised $25 million (Rs 178 crore at current exchange rates) in a fresh funding round ....

16 January, 2019

SoftBank Vision Fund to invest in logistics firm Delhivery

Vijayakumar Pitchiah

Masayoshi Son-owned technology conglomerate SoftBank has sought the approval from the Competition Commission of India for a proposed ....

16 January, 2019
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Indian founders-led cloud firm Rubrik raises $261 mn, valuation soars

Vijayakumar Pitchiah

Cloud data management firm Rubrik, which is led by Indian-origin founders and headquartered in Silicon Valley, has raised $261 ....

16 January, 2019

Fashion e-commerce enabler Zoomtail raises seed funding

Vijayakumar Pitchiah

Bengaluru-based Zoomtail Technologies Pvt. Ltd, which offers e-commerce enabler solutions for fashion retailers, has raised an ....

16 January, 2019

Freshworks' India arm turns a profit in FY18 but revenue growth slows

Vijayakumar Pitchiah

Freshworks Technologies Pvt. Ltd, the wholly owned Indian subsidiary of cloud-based customer engagement platform Freshworks Inc., ....

15 January, 2019

Scooter-sharing startup Vogo raises fresh funding at $50 mn valuation

Vijayakumar Pitchiah

Chennai-based Vogo Automotive Pvt. Ltd, which operates an eponymous scooter-sharing platform, has raised Rs 63 crore ($8.9 million ....

15 January, 2019
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Cab aggregator Ola gets fat cheque from Flipkart co-founder Sachin Bansal

Vijayakumar Pitchiah

Flipkart co-founder Sachin Bansal has invested Rs 149.99 crore ($21.18 million) in ANI Technologies Pvt. Ltd, which operates homegrown ....

14 January, 2019

Ola’s long-serving exec and interim COO quits company

Vijayakumar Pitchiah

Ola old-timer and interim chief operations officer (COO) Pallav Singh has quit the company after serving almost seven years, The ....

14 January, 2019

Online investment platform Scripbox secures funding at valuation of $110 mn

Vijayakumar Pitchiah

Scripbox Advisors Pvt. Ltd, which operates an eponymous online investment platform, has raised $21.7 million (around Rs 151.26 ....

11 January, 2019

Exclusive: Ola gets $74 mn from Steadview Capital, valuation jumps

Vijayakumar Pitchiah

ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 520.79 crore ($73.97 million) in a fresh funding ....

10 January, 2019

Exclusive: Online pharmacy 1mg raising fresh capital at $200 mn valuation

Vijayakumar Pitchiah & Kavya Kothiyal

Gurugram-based 1mg Technologies Pvt. Ltd, which operates an eponymous online pharmacy, is raising $35.31 million (Rs 248.63 crore) ....

9 January, 2019

Amazon testing its own UPI handle for new payments product: Report

Vijayakumar Pitchiah

The payments arm of Amazon India has started testing its native unified payments interface (UPI) handle with a closed user group, ....

9 January, 2019

Byju's FY18 revenue doubles, loss almost halves

Vijayakumar Pitchiah

Ed-tech startup Byju’s sharply narrowed its loss for the year through March 2018, as a two-fold jump in operating revenue ....

8 January, 2019

Amazon’s bid to acquire supermarket chain More via JV hits regulatory hurdle

Vijayakumar Pitchiah

The country’s anti-monopoly watchdog has sought clarity on e-commerce giant Amazon’s role in the proposed acquisition ....

7 January, 2019

Flashback 2018: Fintech segment continues to enjoy the purple patch

Vijayakumar Pitchiah & Kavya Kothiyal

India's nascent but fast-growing fintech sector recorded another year of success in terms of funding and entrepreneurial activity, ....

31 December, 2018

Budget hospitality chain OYO unveils staff stock option buyback

Vijayakumar Pitchiah

Former and current staffers of Gurugram-based Oravel Stays Pvt. Ltd, which owns budget hospitality chain OYO, are set for a bonanza ....

28 December, 2018

Logistics-tech startup Blackbuck raises $12.5 mn in fresh round

Vijayakumar Pitchiah

Zinka Logistics Solutions Pvt. Ltd, which operates business-to-business tech-enabled logistics startup Blackbuck, has raised Rs ....

28 December, 2018