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
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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

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
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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
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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

Online home rental startup NestAway raises $51 mn in Series D round

Vijayakumar Pitchiah

Bengaluru-based online home rental startup NestAway Technologies Pvt. Ltd has raised $51 million (Rs 332.5 crore) in a Series ....

1 March, 2018

OYO vs Zo: A doomed courtship is now headed to court

Anand J

OYO and Zo Rooms are at it again. After a marriage failed to materialise, the long-sparring online budget hotel operators will ....

21 February, 2018

CaratLane vs BlueStone: One jewellery e-tailer burns more cash but also sells more

Vijayakumar Pitchiah

Online jeweller CaratLane widened the gap in revenue with rival BlueStone in the financial year 2016-17. This was in contrast ....

19 February, 2018

B2B logistics startup BlackBuck beefs up top deck by appointing new CFO

Vijayakumar Pitchiah

Business-to-business (B2B) logistics startup BlackBuck, which is run by Zinka Logistics Solutions Pvt. Ltd, has announced the ....

13 February, 2018

Walmart in talks to buy minority stake in Flipkart: Report

Vijayakumar Pitchiah

US-based offline and online retailer Walmart Stores Inc. is in advanced stages of talks to buy a significant minority stake in ....

31 January, 2018

Is profitability on the horizon for tea startups Chai Point and Chaayos?

Dearton Thomas Hector & Anand J

India produces more than a billion kilograms of tea every year and Indians are equally enthusiastic about consuming the beverage. ....

22 January, 2018