Ola founders, Temasek to acquire 10% stake in ride-hailing firm

Vijayakumar Pitchiah

Ola’s co-founders, along with Singapore’s state investment arm Temasek, are in the process of buying out a less than ....

7 September, 2018

Robotics startup GreyOrange raises $140 mn in Series C funding round

Dearton Thomas Hector

In one of the biggest funding rounds for a robotics startup globally, Singapore and Gurugram-based GreyOrange has raised $140 ....

7 September, 2018
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Tiger Global-backed robotics company GreyOrange starts US operations

Kavya Kothiyal

Singapore-headquartered robotics and warehousing automation company GreyOrange Pte. Ltd said on Wednesday it has started operations ....

29 August, 2018

SaaS firm Freshworks joins unicorn club after raising $100 mn; appoints CFO

Dearton Thomas Hector

Freshworks, a cloud-based business software firm, has raised $100 million (around Rs 685 crore in current exchange rates) in a ....

31 July, 2018

Electric scooter startup Ather Energy gets $19 mn funding boost

Binu Paul

Hero MotoCorp Ltd is investing Rs 130 crore ($19 million) more in electric scooter startup Ather Energy Pvt. Ltd, the country’s ....

25 July, 2018

Exclusive: Video platform The Viral Fever raises $6 mn in fresh funding

Vijayakumar Pitchiah

The Viral Fever (TVF), an over-the-top (OTT) platform which creates original video content, has raised an additional $6 million ....

20 July, 2018
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Hedge fund Tiger Global takes $1 bn stake in Japan's SoftBank

Reuters

U.S. hedge fund Tiger Global has built a stake worth over $1 billion in SoftBank Group Corp as it considers the Japanese firm ....

12 July, 2018

After two pivots and a poke from Binny Bansal, Zopper is back in the game

Anand J

Russian billionaire Yuri Milner, whose investment firm DST Global has backed unicorns such as Ola, Swiggy and Flipkart, hosted ....

10 July, 2018

PolicyBazaar raises $200 mn from SoftBank, others; joins unicorn club

Vijayakumar Pitchiah

ETechAces Marketing & Consulting Pvt. Ltd, the operator of online insurance selling platform PolicyBazaar.com and lending ....

25 June, 2018

SaaS firm Freshworks earns $100 mn in annual subscriptions

Vijayakumar Pitchiah

San Bruno- and Chennai-headquartered Freshworks Inc. (formerly Freshdesk Inc.) has crossed $100 million in annual recurring revenue, ....

25 June, 2018
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SoftBank-backed Paytm acquires mobile tech startup Cube26

Vijayakumar Pitchiah

One97 Communications Ltd, the parent of digital payments firm Paytm, has acquired Delhi-based mobile technology startup Cube26 ....

19 June, 2018

Farewell, copy editors? AI is now summarising news on curation app Inshorts 

Anirban Ghoshal

News curation app Inshorts has started using artificial intelligence (AI) to crunch articles into a 60-word summary, The Economic ....

11 June, 2018

Alibaba-backed SenseTime, world's most valued AI startup, raises $620 mn

Reuters

Chinese facial recognition technology developer SenseTime Group Ltd said it has raised $620 million in a second round of funding ....

1 June, 2018

Quikr shrank FY17 losses but burnt over Rs 6 for every Re 1 in net revenue

Anirban Ghoshal

Bengaluru-based online classifieds firm Quikr India Pvt. Ltd has reported a sharply narrower net loss for the year through March ....

19 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

Walmart to buy majority stake in Flipkart, confirms SoftBank CEO

Anand J & Dearton Thomas Hector

Walmart Inc will purchase a majority stake in online retailer Flipkart, the Indian e-commerce company's investor SoftBank ....

9 May, 2018

After turning profitable, logistics startup Delhivery sets ball rolling to go public

Ankit Doshi & Bruhadeeswaran R

E-commerce logistics company Delhivery Pvt. Ltd is planning to go public and has asked investment banks to pitch for the mandate ....

7 May, 2018

Walmart-Flipkart deal likely as early as next week

Reuters

Walmart Inc could seal a deal to buy a more than 51 percent stake in Indian online marketplace Flipkart as early as next week, ....

21 April, 2018

Exclusive: Ed-tech startup Vedantu raising up to $10 mn in new round

Vijayakumar Pitchiah

Bangalore-based online tutoring startup Vedantu Innovations Pvt. Ltd is raising up to $10 million (Rs 65 crore) in a fresh round ....

5 April, 2018

Robotics company GreyOrange’s revenue rose 74% in FY17

Shweta Sharma

Gurugram-based robotics company Grey Orange India Pvt. Ltd reported a rapid rise in revenue for the financial year ended 31 March ....

30 March, 2018

Grofers gets $62 mn from SoftBank, others at lower valuation

Dearton Thomas Hector

Gurgaon-based online grocery startup Grofers India Pvt. Ltd has raised Rs 400 crore (around $62 million) in a Series E round led ....

16 March, 2018