Food delivery startup Swiggy is now a unicorn after $210 mn funding round

Dearton Thomas Hector

In its biggest-ever fundraise till date, online food delivery startup Swiggy has secured $210 million (around Rs 1,400 crore) ....

21 June, 2018

Swiggy seeks to raise $250 mn, eyes unicorn status

Anand J

Online food delivery startup Swiggy is looking to raise $250 million, instead of $150-200 million it was considering earlier. ....

15 May, 2018
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Meet the marquee investors who passed up the Flipkart bet

Anand J

When a startup is desperate for cash, it inevitably meets every investor in town—which is what Flipkart did in its early ....

11 May, 2018

South African tech investor Naspers logs out of Flipkart with $2.2 bn in cart

Dearton Thomas Hector

South Africa-based internet group Naspers said on Wednesday it has sold its entire 11.18% stake in Indian online retailer Flipkart ....

9 May, 2018

A history of Flipkart's many big billion days

Binu Paul

Flipkart is well-known for its Big Billion Days, a bonanza for consumers where the e-tailer doles out heavy discounts on products. ....

9 May, 2018

MakeMyTrip to power Flipkart's soft entry into OTA business

Vijayakumar Pitchiah

Homegrown e-commerce major Flipkart has partnered with online travel services provider MakeMyTrip to provide its users with travel ....

5 April, 2018
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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

Food delivery startup Swiggy raises $100 mn in Series F round

Dearton Thomas Hector

Online food delivery startup Swiggy.com, run by Bengaluru-based Bundl Technologies Pvt. Ltd, has raised $100 million (Rs 640 crore) ....

8 February, 2018

Morgan Stanley trims Flipkart valuation to $5.39 bn

Binu Paul

Indian e-commerce firm Flipkart has suffered its second markdown in as many months with a mutual fund managed by Morgan Stanley ....

28 February, 2017

Flipkart suffers yet another valuation markdown

Binu Paul

Just when Flipkart Internet Pvt. Ltd was consolidating its position under the new CEO Kalyan Krishnamurthy, a fresh bout of valuation ....

3 March, 2017
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Flipkart-owned PhonePe in talks with PayPal to raise funds

Arti Singh

Flipkart-owned PhonePe is in talks to raise a significant amount of funding independently at a valuation of about $500 million ....

8 February, 2017

Fidelity slashes Flipkart's valuation to $5.56 bn

Binu Paul

Fidelity Rutland Square Trust II, the mutual fund managed by Fidelity Investments, has lowered the value of its investment in ....

25 January, 2017

Digital lending platform ZestMoney raises $6.5 mn from PayU, others

Dearton Thomas Hector

Chalk Farm Ventures Pvt. Ltd, which runs consumer lending startup ZestMoney, has raised $6.5 million (Rs 44 crore) in a Series ....

7 December, 2016

Flipkart suffers another markdown as Vanguard slashes stake value by 33%

Binu Paul

A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in Flipkart by 33%, joining ....

2 December, 2016

Flipkart's valuation down to $5.57 bn after Morgan Stanley slashes value of its holding

Binu Paul

A mutual fund managed by Morgan Stanley has marked down the value of its shares in Flipkart by 38.2% leaving India's largest e-commerce ....

29 November, 2016

PayU India names Maneesh Goel as CFO

Disha Sharma

Naspers-backed PayU India has appointed former CEO of Den Snapdeal TV-Shop Maneesh Goel as chief financial officer, it said in ....

26 November, 2016

Flipkart's loss doubles in FY2015-16

Disha Sharma

The net loss of Flipkart Internet Pvt. Ltd, which operates e-commerce major Flipkart, doubled to Rs 2,306 crore in the financial ....

26 November, 2016

PayU's finance head Gurpreet Singh quits

Arti Singh

Naspers-backed PayU Payments Pvt. Ltd has seen another top level exit with the resignation of its finance head. Gurpreet Singh, ....

27 October, 2016

Online travel portals MakeMyTrip and ibibo to merge

Deepti Chaudhary

In the biggest consolidation move in the online travel agency (OTA) space in India, NASDAQ-listed MakeMyTrip Ltd has agreed ....

18 October, 2016

Goibibo launches live tracking service for domestic, international flights

Varun Arora

Online travel agency Goibibo.com, which is a part of South African digital media firm Naspers, has introduced the feature ....

12 October, 2016

Flipkart gets a valuation boost from Fidelity

Binu Paul

After a string of six successive markdowns, Indian e-commerce giant Flipkart has received a welcome break from American mutual ....

28 July, 2016