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
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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
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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
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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

Naspers raises $9.8 bn from 2% Tencent share sale; may invest in OLX, Swiggy, PayU

Anand J

South African technology major Naspers announced on Friday that it has raised $9.8 billion from the sale of 2% of its holdings in ....

22 March, 2018

Snapchat's Evan Spiegel took home $638 mn in third-highest CEO payout ever

Reuters

Snap Inc chief executive Evan Spiegel received $637.8 million as total compensation last year after the company went public, ....

23 February, 2018

Exclusive: Food-tech startup Holachef raises fresh funds

Vijayakumar Pitchiah

Food-tech startup Holachef has raised Rs 2 crore ($311,200) from Ashok Kumar Gajera, director at Mumbai-based diamond manufacturer ....

13 February, 2018

Alibaba buys stake in payment affiliate Ant Financial as revenue beats forecast

Reuters

Alibaba Group Holding Ltd, China’s biggest e-commerce company, said on Thursday third-quarter revenue rose 56 percent, beating ....

2 February, 2018