SoftBank-backed OYO enters UK market with £40 mn investment

Shweta Sharma

SoftBank-backed budget hotel brand OYO Hotels has launched operations in London, the United Kingdom, where it plans to invest ....

19 September, 2018

Online-to-offline grocery firm Avenue11 strikes ad-for-equity deal with Brand Capital

Binu Paul

Online-to-offline grocery platform Avenue11, based in Bengaluru, has raised Rs 26 crore ($3.6 million) from Brand Capital, the ....

19 September, 2018
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Naspers keen on ed-tech, fin-tech & food-tech startups in India: CEO Bob van Dijk

Payal Ganguly

Having sold its 11.18% stake in Indian e-commerce firm Flipkart to US retail giant Walmart for $2.2 billion, Naspers continues ....

14 September, 2018

Amazon becomes second company after Apple to hit $1 trillion market value

Reuters

 Amazon.com Inc on Tuesday briefly joined Apple Inc to become the second $1 trillion publicly listed U.S. company after its ....

5 September, 2018

How an Indian startup stole a march over tech giants at Indic language voice game

Anirban Ghoshal

In the small but growing world of Indian entrepreneurs, Subodh Kumar’s career trajectory may sound all too common. He graduated ....

24 August, 2018

PropTiger parent gets $35 mn financing for expansion

Payal Ganguly

Singapore-based Elara Technologies Pte. Ltd, which operates Housing.com, PropTiger.com and Makaan.com, has received a loan of ....

20 August, 2018
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Logistics-tech startup TransportEG raises $1.9 mn from PE firm

Joseph Rai

TransportEG.com, which connects customers to truck-haulage services, has raised Rs 13 crore ($1.9 million) from the private equity ....

9 August, 2018

Flipkart injects $66 mn more into payments arm PhonePe

Vijayakumar Pitchiah

PhonePe Pvt. Ltd, the in-house digital payments arm of e-commerce firm Flipkart, has received another $66 million (Rs 451.66 crore) ....

9 August, 2018

Eyewear retailer Lenskart gets new investors as Steadview, Epiq Capital buy shares

Ranjani Raghavan

Hong Kong-based hedge fund Steadview Capital, tech investment firm Epiq Capital and HK-based speciality secondary investments ....

6 August, 2018

Ed-tech firm Educational Initiatives raises $25 mn from Gaja Capital

Keshav Sunkara

Gaja Capital, a private equity firm specialising in investments in the lower end of the middle market, has invested $25 million ....

30 July, 2018
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Amazon deposits more money into Indian digital payments arm

Vijayakumar Pitchiah

Amazon Pay (India) Pvt. Ltd, the local digital payments arm of the global e-commerce major, has received a fresh funding infusion ....

17 July, 2018

Used gadgets marketplace Cashify gets funding from Chinese recommerce giant

Vijayakumar Pitchiah

Cashify, an online platform for selling used electronics, has forged a strategic partnership with Chinese recommerce giant Aihuishou ....

18 June, 2018

Womenswear e-tailer eShakti raises $10.1 mn from PE investor

Anand J

Fashion e-tailer eShakti, which focuses on the womenswear segment, has raised Rs 75 crore ($10.1 million) in fresh funding from ....

12 June, 2018

Online grocery store BigBasket’s combined net loss widens for FY17

Shweta Sharma

Alibaba-backed online food and grocery store BigBasket posted an increase in its combined net loss for front-end and back-end ....

30 May, 2018

Amazon pumps nearly $400 mn into Indian arm ahead of Walmart-Flipkart deal

Shweta Sharma

E-commerce giant Amazon has pumped Rs 2,600 crore (around $393 million) into its Indian unit ahead of local rival's Flipkart ....

9 May, 2018

Why this VC-funded startup chose to go public on a junior stock exchange

Anand J

When venture capital funds shunned Delhi-based cloud computing firm E2E Networks Ltd, founder Tarun Dua had only one option left: ....

8 May, 2018

Xiaomi files for Hong Kong IPO, eyes $100 bn valuation

Reuters

Smartphone and connected device maker Xiaomi [IPO-XMGP.HK] filed for a Hong Kong initial public offering on Thursday that could ....

3 May, 2018

Share of investments in B2B businesses is on the rise: InnoVen’s Ashish Sharma

Joseph Rai

The size of InnoVen Capital's investments jumped 25% in the last calendar year and the country's largest player in the ....

16 April, 2018

Chinese facial recognition firm is now the world's most valuable AI startup

Anirban Ghoshal

China's SenseTime Group Ltd, which provides facial recognition systems, is now the world's most valuable artificial intelligence ....

11 April, 2018

Paytm makes maiden capital infusion into yet-to-launch wealth management arm

Vijayakumar Pitchiah

Digital payments firm Paytm’s yet-to-launch investment and wealth management services arm, Paytm Money, has received its ....

2 April, 2018

Times Group-backed Inmusik plans initial coin offering to start music streaming service

Binu Paul

Los Angeles-based music streaming company Inmusik is seeking to raise about $20 million (Rs 130 crore) through its upcoming initial ....

29 March, 2018