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

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
ADVERTISEMENT

OYO makes top-level appointments to expand overseas business

Kavya Kothiyal

Budget hospitality chain OYO has strengthened its top deck by making a slew of international appointments to expand across different ....

10 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

Zomato courts new investors as SoftBank switches focus to Swiggy

Kavya Kothiyal & Payal Ganguly

Food-tech unicorn Zomato is courting new investors in a bid to raise up to $1 billion in fresh funding even as Japanese investment ....

2 January, 2019

Paytm Payments Bank free to open new accounts as RBI lifts ban

Dearton Thomas Hector

Paytm Payments Bank Ltd has received a nod from India’s central bank to start onboarding customers again and to resume Know ....

2 January, 2019
ADVERTISEMENT

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

Flashback 2018: Regulations, automation give logistics-tech startups a leg-up

Vijayakumar Pitchiah

A combination of technology adoption, cheap data tariffs and favourable regulations helped disrupt and organise India’s ....

27 December, 2018

Delhivery FY18 loss widens on higher costs, revenue jumps

Vijayakumar Pitchiah

Gurugram-based logistics company Delhivery Pvt. Ltd has reported a 38% rise in operating revenue for the year through March 2018, ....

26 December, 2018

Flashback 2018: Unicorns, Chinese cheques drive buzz in startup ecosystem

Binu Paul

India’s startup ecosystem took a long stride towards maturity this year, as several big-ticket acquisitions and funding ....

24 December, 2018
ADVERTISEMENT

Logistics company Delhivery's revenue growth slows in FY18

Vijayakumar Pitchiah

Gurugram-based logistics company Delhivery Pvt. Ltd has reported a 38% rise in net sales for the year ended March 2018, with the ....

17 December, 2018

Uber files paperwork for IPO on same day as US rival Lyft

Reuters

Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, ....

10 December, 2018

India is a hotbed for IoT innovations: ARM’s Chris Porthouse

Anand J

SoftBank-backed ARM Holdings, whose chip architecture powers most smartphones around the world, is reinventing itself as a platform ....

7 December, 2018

OYO gets $100-mn cheque from ride-hailing firm Grab

Dearton Thomas Hector

Budget hospitality chain OYO has raised Rs 732 crore ($104 million at current exchange rates) from Singapore-based ride-hailing ....

5 December, 2018

SoftBank offers to invest $1 bn more in Ola: Report

Vijayakumar Pitchiah

Japanese internet conglomerate SoftBank may invest another $1 billion in homegrown cab-hailing major Ola, a report in a financial ....

4 December, 2018

OYO in talks to raise funding from Singapore ride-hailing firm Grab

Kavya Kothiyal

Budget hospitality chain OYO is in advanced discussions to raise $100 million (Rs 697.7 crore) from Singapore-based ride-hailing ....

3 December, 2018

OYO’s employees to get 2,000 more stock options: Report

Dearton Thomas Hector

Oravel Stays Pvt. Ltd, which runs budget hospitality chain OYO, has strengthened its employee stock ownership (ESOP) plan by adding ....

29 November, 2018

OYO hires former Max Healthcare exec to head new real estate business

Payal Ganguly

Hospitality chain OYO has named Rohit Kapoor as chief executive officer of its new real estate businesses, in the second top-level ....

27 November, 2018

Flipkart co-founders and other shareholders get tax notice on Walmart deal

Binu Paul

The income tax department has served notices to 35 Flipkart shareholders including its co-founders Sachin Bansal and Binny Bansal ....

22 November, 2018

Walmart now owns more than 80% stake in Flipkart: Report

Binu Paul

US retail behemoth Walmart Inc has increased its controlling stake in homegrown e-commerce giant Flipkart, according to a media ....

21 November, 2018

Silicon Valley-based Automation Anywhere raises $300 mn from SoftBank

Anand J

Four and a half months after raising money in one of the largest Series A rounds in the venture capital ecosystem, Indian-origin ....

16 November, 2018