Engineer.ai: Cautionary tale of inflated claims and lack of transparency?

Team TC

This is an important cautionary tale of our times for entrepreneurs. The financial daily Wall Street Journal reported last week ....

19 August, 2019

IKEA launches online store in Mumbai; aims to reach 100 mn customers

Team TC

Swedish home furnishings retail giant IKEA has launched its online store in Mumbai as part of its multichannel approach to reach ....

19 August, 2019
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Venture Catalysts invests $500,000 in AI-driven content startup Instoried

Shweta Sharma

Bengaluru-based artificial intelligence (AI)-driven content startup Instoried has raised $500,000 in a seed round from incubator ....

19 August, 2019

Airtel’s data centre and cloud unit appoints Rajesh Tapadia as CEO

Team TC

Telecommunications major Bharti Airtel-owned data centre and cloud business platform Nxtra Data has appointed Rajesh Tapadia as ....

19 August, 2019

Education loan provider MPOWER gets $100 mn loan from Goldman Sachs

Payal Ganguly

Global education loan provider MPOWER Financing has raised $100 million loan from Goldman Sachs, bringing its total loan financing ....

19 August, 2019

Watch: Bengaluru now a global R&D hub for products, services: Mike Cannon-Brookes, Atlassian

Anand J

Sydney-headquartered enterprise software firm Atlassian set up operations in India last year and has been rapidly growing ....

19 August, 2019
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Paytm promotes Madhur Deora as president to lead consumer biz

Shweta Sharma

Digital payments unicorn Paytm has promoted its chief financial officer and senior vice president Madhur Deora as president, it ....

19 August, 2019

Asia Partners leads $70 mn Series C in hotel aggregator RedDoorz

Team TC

Singapore-based budget hotel aggregator RedDoorz has raised $70 million in the first close of its Series C round of funding, led ....

19 August, 2019

EazyDiner founder Vir Sanghvi backs product review platform Mishry

Team TC

Gurugram-based Fried & Tasted Review Solutions, which runs product review platform Mishry, has raised an undisclosed sum from ....

19 August, 2019

Zomato faces heat as restaurant owners logout from deep discounts

Payal Ganguly & Tanmay Tiwary

Online food delivery and restaurant booking platform Zomato founder and chief executive Deepinder Goyal took to social media platform ....

19 August, 2019
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Amazon may launch food delivery biz through Prime Now; Suvidhaa to foray into ecommerce

Team TC

Ecommerce giant Amazon might use Prime Now to deliver groceries.  Shapoorji Pallonji-backed fintech platform Suvidhaa is ....

19 August, 2019

India needs own secure operating system; H1-B visa worries mount

Team TC

India will need to work on a secure operating system. H1-B visa process likely to become non-transparent. India should plan ....

19 August, 2019

Info Edge leads $10 mn Series B in B2B e-commerce platform ShopKirana

Team TC

Indore-based Shop Kirana E Trading Pvt. Ltd, which runs business-to-business ecommerce platform ShopKirana, has raised $10 million ....

19 August, 2019

WeWork’s IPO filing decoded: How losses will continue and CEO will maintain control

Payal Ganguly

The We Company, the parent of shared workspaces provider WeWork, filed documents for its planned initial public offering (IPO) ....

16 August, 2019

Funding Roundup: Twitter plugs into ShareChat; internet deals boost funding to $347.5 mn

Team TC

Homegrown social media platform ShareChat received its highest validation yet this week when Twitter, the San Francisco-based ....

16 August, 2019

Herocorp, Micromax, others back electric cab-hailing platform Blu Smart

Vijayakumar Pitchiah

Ahmedabad- and Gurugram-based Blu Smart, which operates intra-city electric cab aggregation platform, has raised $2.2 million ....

16 August, 2019

OYO plans $332 mn expansion of European vacation home rentals

Team TC

Gurugram-based hospitality chain Oravel Stays, which runs OYO Hotels and Homes, has earmarked nearly $332 million for its Amsterdam-headquartered ....

16 August, 2019

Trend Micro announces 5th edition of annual cybersecurity competition

Vignesh Ananthraj

Japan-based cybersecurity giant Trend Micro has announced the fifth edition of its Capture The Flag (CTF) competition.  CTF, ....

16 August, 2019