Capital efficiency key; may skip Flipkart-like bet again: Inventus’ Samir Kumar

Dearton Thomas Hector

Venture capital firm Inventus Capital Partners has been around for almost 25 years globally, and in India, for a decade. It has ....

30 May, 2018

Exclusive: M-commerce app Goodbox exiting 'non-core' ops, slashes headcount

Anand J

Nexus Ventures-backed Goodbox, an app that offers small and medium-sized businesses an e-commerce platform, has turned its attention ....

24 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

Ratan Tata-backed builds chatbot for Federal Bank’s mobile app

Anirban Ghoshal

Ratan Tata-backed artificial intelligence firm has tied up with Kerala-headquartered Federal Bank to launch a chatbot-based ....

23 January, 2018

Why Inventus' Kanwal Rekhi doesn't regret giving Flipkart, Snapdeal a miss

Manu P Toms & Bruhadeeswaran R

Many moons ago, Kanwal Rekhi and John Dougery, the founding partners of Inventus Capital, carefully examined two fledgling e-commerce ....

17 March, 2017

Forest fire blazing through Indian startup ecosystem: Inventus' Kanwal Rekhi

Manu P Toms

Kanwal Rekhi, co-founder and managing director at VC firm Inventus Capital Partners, has been a known sceptic of the capital-intensive ....

1 March, 2017

MakeMyTrip net revenue jumps 81%, adjusted net loss narrows

Varun Arora

MakeMyTrip Ltd, India's largest online travel services firm, posted an adjusted net loss of $5.9 million in the third quarter, ....

31 January, 2017

MakeMyTrip-ibibo merger: What it means for hotel aggregators

Arti Singh

The merger between MakeMyTrip and Naspers-owned ibibo Group could benefit hotel aggregators in India in more ways than one. To ....

20 October, 2016

MakeMyTrip, goibibo and redBus brands will co-exist, says Ashish Kashyap

Dearton Thomas Hector

In February 2000, MakeMyTrip founder Deep Kalra walked out of eVentures' office near Churchgate station in Mumbai as he was not ....

20 October, 2016

Ixigo partners with Uber, RedBus for its train travellers

Priya Singh

Ixigo, a mobile travel marketplace run by Le Travenues Technology Pvt. Ltd, has announced a partnership with RedBus and Uber, ....

5 October, 2016

Travelyaari raises $7 mn from BCCL, GVFL

Disha Sharma

Online bus booking platform Travelyaari has raised $7 million in its Series B round led by Gujarat Venture Finance Ltd (GVFL), ....

10 August, 2016

Goibibo rolls out travel-based social network

Varun Arora

Online travel agency (OTA), part of South African digital media firm Naspers, has rolled out a travel social network ....

20 June, 2016

Naspers takes redBus global; launches bus ticketing service in Singapore, Malaysia

Debjyoti Roy

Online travel group ibibo, part of South African media conglomerate Naspers Ltd, is taking its bus ticketing service redBus to ....

27 July, 2015

Naspers-owned redBus completes 30M ticket sales, sees 3X growth in mobile transactions


Naspers group-owned online bus ticket booking venture claims to have sold three crore (30 million) tickets through its ....

16 July, 2014

redBus marketing chief Lakshmikant Gupta quits to join GirnarSoft Labs

Sainul K

Lakshmikant Gupta, chief marketing officer (CMO) of Naspers group-owned online bus ticket booking venture, has quit ....

15 May, 2014

MobiKwik partners with redBus to enable bus ticketing via mobile wallet

Sainul K

Gurgaon-based One MobiKwik Systems Pvt Ltd that runs the online recharge platform has partnered with online bus ticketing ....

21 March, 2014

The Year That Was: What made news in e-commerce in 2013

Sonam Gulati

It was certainly a happening year for the e-commerce sector. While we saw blockbuster buyout of VC-backed venture redBus and the ....

26 December, 2013

Naspers paid $100M to buy 80% in redBus; Flipkart valued at $1.6B in latest funding

Team TC

Its official, Naspers paid $100 million in cash to buy an effective 80 per cent stake in Pilani Soft Labs Pvt Ltd, which runs ....

26 November, 2013

'I would spend money to build a good team first, if I start a company again': Phanindra Sama

Sainul K

India should not draw parallels with the startup ecosystem in Silicon Valley when it comes to exits, since it is a much mature ....

31 October, 2013

Former redBus COO Alok Goel joins FreeCharge as CEO

Sonam Gulati

Mumbai-based Accelyst Solutions Pvt Ltd that runs online recharge website FreeCharge has roped in Alok Goel as CEO. As part of ....

13 September, 2013

Cleartrip partners with redBus, Travelyaari to offer bus ticketing

Rashi Varshney

Cleartrip Travel Services Pvt Ltd, which runs the online travel booking site, has started offering bus ticketing ....

25 July, 2013