Tencent
Alibaba quarterly profit exceeds market expectations
E-commerce giant Alibaba Group Holding Ltd reported quarterly profit far above market expectations and played down worries of ....
Hike pivots to multi-app approach in bid to boost growth
Hike, the country’s smallest unicorn in terms of revenues, has decided to pivot to a multi-app approach in its latest strategic ....
Byju's FY18 revenue doubles, loss almost halves
Ed-tech startup Byju’s sharply narrowed its loss for the year through March 2018, as a two-fold jump in operating revenue ....
Flashback 2018: Unicorns, Chinese cheques drive buzz in startup ecosystem
India’s startup ecosystem took a long stride towards maturity this year, as several big-ticket acquisitions and funding ....
Food-tech unicorn Swiggy secures $1 bn in new round as valuation nearly triples
Online food delivery startup Swiggy has raised $1 billion (just short of Rs 7,000 crore at current exchange rates) in a fresh ....
Ed-tech unicorn Byju's raises $540 mn led by Naspers
Bengaluru-based Think and Learn Pvt. Ltd, which runs ed-tech startup Byju’s, has raised $540 million (Rs 3,855 crore at ....
Exclusive: Byju’s lines up another $100 mn in extended funding round
Ed-tech unicorn Byju’s is in talks to raise another $100 million (around Rs 720 crore at current exchange rates) as part ....
Byju's scoops up more than $300 mn in new round, valuation skyrockets
Think and Learn Pvt. Ltd, which operates ed-tech venture Byju’s, has raised $322.64 million (around Rs 2,300 crore at current ....
Reboot: Why ibibo’s founder chose wealth management as his next destination
TechCircle presents Founders Reboot, a new fortnightly series in which we profile successful Indian entrepreneurs who have chosen ....
Exclusive: Swiggy close to securing $900 mn in fresh funding round led by Naspers
Online food delivery startup Swiggy is close to finalising a term sheet to raise up to $900 million (about Rs 6,625 crore at current ....
Will Alibaba, Tencent’s investments in Indian startups lift their cloud prospects?
Ever since its inception seven years ago, BigBasket, the country’s largest online grocery startup, has been dialling Amazon ....
Ed-tech startup Byju’s acquires Math Adventures to develop K3 product
Bengaluru-based Think and Learn Pvt. Ltd, which operates digital ed-tech venture Byju’s, has bought math learning platform ....
Bicycle-sharing startup Ofo to ride out of India after just 7 months
Ofo, the Chinese bicycle-sharing unicorn backed by Alibaba, has decided to exit India just seven months after launching its services ....
WeChat's owner Tencent expands India play with cloud entry
Tencent Holdings, which owns China's top social media app WeChat, is all set to bring its cloud service to India, The Economic ....
Byju's hits revenue milestone, claims to have turned profitable
Byju’s posted revenue of more than Rs 100 crore last month, prompting the ed-tech firm to revise its annual revenue guidance ....
Google to invest $550 mn in Walmart-backed Chinese e-tailer JD.com
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand ....
Vernacular app NewsDog gets $50 mn from Tencent, others
NewsDog, a Hindi and vernacular app founded by Chinese entrepreneurs and downloaded 10 million times on Google Play Store, has ....
South African tech investor Naspers logs out of Flipkart with $2.2 bn in cart
South Africa-based internet group Naspers said on Wednesday it has sold its entire 11.18% stake in Indian online retailer Flipkart ....
Alibaba talks up progress in self-driving tech in quest to catch up with Baidu
Chinese e-commerce and technology company Alibaba Group has announced making rapid progress on the autonomous-driving front, a ....
Love thy neighbour: How Chinese cheques are fuelling Indian startups
The early days of the venture capital boom saw money flowing into India from all parts of the world. Funding started to dry up ....
Naspers raises $9.8 bn from 2% Tencent share sale; may invest in OLX, Swiggy, PayU
South African technology major Naspers announced on Friday that it has raised $9.8 billion from the sale of 2% of its holdings in ....