The company plans to use the funding to build a stronger product, scale its technology team while expanding into more categories and scaling domestic and international supply base. | Continue reading
In a social media post, Kunal Shah announced his new venture Cred— “after 3+ years of playing on the sidelines.” | Continue reading
Shunwei Capital began its Indian bets with smaller cheques while being an active growth stage capital provider in China. | Continue reading
Earlier Amazon has bought stakes in Shoppers Stop and Aditya Birla Retail ‘More’ through FPI route. | Continue reading
The order mandates Telcos to stop using the Aadhaar-based e-KYC for re-verification of its existing subscribers. | Continue reading
Amazon remains chirpy about the upcoming holiday season and sees a strong Q4 due to holiday sales in the US and other countries including India. | Continue reading
This ruling comes in after a meeting was held by ministry of home affairs where the companies are to develop mechanism to curb fake news. | Continue reading
As a company with a net worth of $13.59 Mn (INR 100 Cr), Zivame had a year worth boasting. | Continue reading
The investment is expected to value FirstCry at nearly $800 Mn- $900 Mn, a nearly 100% increase from its current valuation of $350 Mn. | Continue reading
Paytm CEO Vijay Shekhar Sharma's secretary Sonia Dhawan and two others have been arrested on accusations of planning to extort INR 20 Cr. | Continue reading
The company has acquired 100% stake in milk delivery startups RainCan and Morning Cart and a controlling stake in smart vending machines startup Kwik24. | Continue reading
1mg reported a net loss of INR 88 Cr during the fiscal. This is about a 50% increase from the last financial year. | Continue reading
Paytm is reportedly in early talks with Alibaba-owned UCWeb to acquire its India business for a transaction valued anywhere around $400 Mn - $500 Mn. | Continue reading
The panel will look into the Competition Act to suggest whether the e-tailers are subject to any restrictions in their access to dealerships. | Continue reading
The Supreme Court judgement ruled that Aadhaar is constitutional while striking down Sections 33(2),47 & 57 of the Aadhaar Act. | Continue reading
Goals101 used the fresh funding to improve its technology and data science capabilities and expand its geographical reach. | Continue reading
The historic judgement will dwell on the legality of Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016. | Continue reading
The Upstream Commerce acquisition will help Flipkart to set up another global centre — one being in Silicon Valley — for future data science work. | Continue reading
OYO has raised $800 Mn in a round led by SoftBank Investment Advisers through SoftBank Vision Fund and received a commitment of $200 Mn. | Continue reading
As the new Managing Director for India, a VP-level role, Mohan will be aligning teams and driving Facebook’s overall strategy in India. | Continue reading
Post-acquisition, Netmeds will leverage the combined strengths of both companies by fully absorbing the JustDoc team. | Continue reading
Amazon wants to start by selling life, health and general insurance and aims to carry out the business of soliciting, procuring and servicing insurance as a corporate agent. | Continue reading
The Indian government has 50+ startup schemes for Indian startups. Each startup scheme has been introduced to boost the Startup ecosystem. | Continue reading
Inc42’s Blockchain Technology Report 2018 discusses the vast scope of application of blockchain across industries and India opportunity. | Continue reading
How can we redesign technology to create better product design for all social media channels to better respect choice? | Continue reading
Bengaluru-based early-stage venture capital company and accelerator Axilor has announced its summer 2018 accelerator cohort. The new accelerator programme comprises of 19 startups who have joined the programme in April and will be graduating by the end of July 2018. | Continue reading
Digital payments giant Paytm has acquired New-Delhi based Cube26, a tech startup backed by Tiger Global and Flipkart with $7.7 Mn Seed funding in 2015. Post acquisition, the Cube26 team will join the digital payments major. | Continue reading
Chinese ecommerce behemoth Alibaba’s current investment strategy in India includes focussing on sectors that has a high-frequency use cases and high level user engagement. It maintains that these are the main reasons it invested in India’s payment firm Paytm and online grocery ap … | Continue reading
Google today launched its latest app called Neighbourly in India, which acts a social point for people to ask and find local information from people in their neighborhood. The new app lets users ask questions like if there is a garage nearby, good haircut places and the mom and … | Continue reading
Indian riders are accustomed to drivers offering their services on the platforms of both Ola and Uber — the two biggest cab aggregators in India. A report revealed that Uber drivers in Australian city Perth are now urging their customers to switch to Ola so they can earn more per … | Continue reading
The Indian Angel Network (IAN) has reportedly raised more than $33.22 Mn (INR 227 Cr) for its maiden fund launched in April 2017. | Continue reading
Flipkart-Walmart deal and Tata Steel buying Bhusan Steel are two deals which happened quite silently and without much hoopla, are now going to change the path of India forever and will finally put India in autobahn of economic growth. | Continue reading
We bring to you the 25th edition of the Electric Vehicles this week. Here is the lowdown on important developments around electric vehicles which circled the global and the Indian EV ecosystem this past week. | Continue reading
Looks like SoftBank has been the one making more headlines than Walmart-Flipkart post the deal. In a major announcement, SoftBank has now confirmed that it will sell its entire stake of 23.6% in Flipkart following Walmart acquisition. | Continue reading
If you keep a tab on technology news, you may have heard/read about the GDPR more times than you can keep count lately. Come May 25, the entire business game and liabilities of Internet and data companies will change, making it harder for them to take consumer data for granted. | Continue reading
As the Indian ecommerce market becomes a battleground for global giants viz Walmart, Amazon and Alibaba, the market is intense and full of speculations. A Citi research report has suggested that Amazon India could be valued at $16 Bn right now. | Continue reading
In the recently concluded four-day Big Shopping Days sale from May 13-16, Flipkart recorded sales that equal to 24 non-sale days in terms of value, and sold as many units as 12 non-sale days. | Continue reading
The Netherlands Minister for Foreign Trade and Development Cooperation, Sigrid Kaag is expected to launch Indo-Dutch Startup Link Digital Hub on May 25. | Continue reading
Developed in Hong Kong for India, content aggregator NewsDog has raised $50 Mn Series C funding in a round led by Tencent, in participation with DHVC, Legend Capital and Dotc United Group. | Continue reading