Yes Bank, US software firm MonetaGo help Vedanta tap commercial-paper market using blockchain

Anirban Ghoshal

Private-sector lender Yes Bank on Thursday said that it has facilitated the issuance of commercial paper worth Rs 100 crore ($14.6 ....

11 July, 2019

Warburg, SAIF lead $65 mn growth round in logistics platform Rivigo

Binu Paul

Logistics-technology firm Rivigo Services Pvt. Ltd has raised $65 million (Rs 444 crore at current exchange rate) funding led ....

11 July, 2019
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BookMyShow eyes unicorn status with new stake sale : Report

Payal Ganguly

Bigtree Entertainment Pvt Ltd, which owns and operates the online ticketing platform BookMyShow, is in talks to sell 10-12% stake, ....

9 July, 2019

Oyo may list in 2-3 years, look at $18bn valuation: Report

Vijayakumar Pitchiah

Gurugram-based budget hospitality chain Oyo Hotels & Homes is gearing to take the public route within the next two-three years, ....

9 July, 2019

Smart e-scooter startup BattRE raises funding from ex-Tata Motors’ HR chief

Shweta Sharma

Jaipur-based smart electric scooter startup BattRE has raised an undisclosed amount of funding in its angel round from ex-Tata ....

8 July, 2019

TCS deploys hybrid cloud platform for insurance company Scottish Widows

Om Athavale

Information technology consulting company Tata Consultancy Services (TCS) today announced the culmination of the first phase of ....

8 July, 2019
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Imposition of tax on share buybacks disincentive for IT sector: report

Om Athavale

The imposition of 20% tax on distributed income for  buyback of equity shares is effectively an alternate form of income ....

8 July, 2019

OYO to invest $200 mn in India & Southeast Asia ops this year

Vijayakumar Pitchiah

Hospitality unicorn OYO has committed to invest Rs 1,400 crore (around $200 million) in its Indian and Southeast Asian operations ....

12 March, 2019

LimeRoad narrows losses in FY18 on 78% revenue spike

Kavya Kothiyal

Gurugram-based A.M. Marketplaces Pvt. Ltd, which runs social commerce platform LimeRoad, significantly narrowed its losses despite ....

27 February, 2019

Flipkart losses widen five times on finance costs from down-round

Vijayakumar Pitchiah

Homegrown e-commerce major Flipkart’s losses widened five times chiefly on account of finance costs from a down-round even ....

26 February, 2019
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Singaporean video-streaming firm Bigo to invest $100 mn in India over three years

Vignesh Ananthraj

Singapore-based video streaming tech company Bigo Technology Pte. Ltd has announced plans to invest over $100 million (Rs 714 ....

18 February, 2019

Foodpanda struggles to find growth recipe as loss widens in FY18

Vijayakumar Pitchiah

Food delivery platform Foodpanda India’s net loss for the year through March 2018 widened five times, thanks partly to service ....

6 February, 2019

UPI transactions in January set new record, BHIM transactions fall to 9-month low

Binu Paul

Even as the volume and value of Unified Payments Interface (UPI) transactions continued to scale new heights, transaction volumes ....

6 February, 2019

Logistics firm Rivigo posts 78% rise in operating revenue; loss more than doubles for FY18

Vijayakumar Pitchiah

Gurugram-based tech logistics platform Rivigo Services Pvt. Ltd posted a 78% rise in its operating revenues even as net losses ....

24 January, 2019

Uber India clocks 27% rise in revenue, 40% jump in profit for FY18

Kavya Kothiyal

The India unit of US-based ride-hailing app Uber saw a significant jump in its revenue and profit for the financial year ended ....

22 January, 2019

MobiKwik reports wider losses even as revenues more than double

Dearton Thomas Hector

Digital payments firm MobiKwik, owned by One MobiKwik Systems Pvt. Ltd, has reported wider loss for the financial year ended March ....

4 January, 2019

Zoomcar posts 31% rise in FY18 operating revenue, loss widens

Binu Paul

Self-drive car rental startup Zoomcar India Pvt. Ltd reported a significant rise in operating revenue for the year through March ....

4 January, 2019

PayPal India posts 12 times increase in revenue for FY18, loss up a bit

Dearton Thomas Hector

PayPal Payments Pvt. Ltd, the Indian arm of US-based digital payments company PayPal Holdings Inc., posted a little over 12 times ....

3 January, 2019

BigBasket’s wholesale arm posts 35% rise in revenue for FY18, narrows losses significantly

Kavya Kothiyal

Online food and grocery store BigBasket’s wholesale business posted a 35% year-over-year rise in its operational revenues ....

3 January, 2019

Budget hospitality chain OYO unveils staff stock option buyback

Vijayakumar Pitchiah

Former and current staffers of Gurugram-based Oravel Stays Pvt. Ltd, which owns budget hospitality chain OYO, are set for a bonanza ....

28 December, 2018

Facebook India posts 40% rise in net profit, revenue up 52%

Payal Ganguly

Facebook India recorded a 40% jump in its net profit to Rs 57 crore for the financial year 2017-18, from Rs 40.7 crore a year ....

26 December, 2018