In a first, OYO acquires Hooters Casino Hotel to launch operations in Las Vegas

Vijayakumar Pitchiah

Hospitality major OYO Hotels & Homes has acquired Las Vegas-based Hooters Casino Hotel to launch its operations in Las Vegas, ....

23 August, 2019

Deals Roundup: Amazon buys into Future Retail; technology startup funding slumps to $21 mn

Team TC

In an unusually lacklustre week for dealmaking, only nine Indian technology startups shored up a meagre $21 million in funding ....

23 August, 2019
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IKEA ties up with Ingenico to enable digital payments

Payal Ganguly

Swedish furniture retailer IKEA has partnered with France-headquartered Ingenico Group for enabling digital payments on the platform ....

23 August, 2019

Pawan Munjal may invest in Ola Electric; TikTok sends notice to ShareChat

Team TC

Billionaire Pawan Munjal may invest in Ola Electric Mobility. Social media video application TikTok has sent legal notice to regional ....

23 August, 2019

No tax holiday for startups with Rs 25cr + turnover: CBDT; small enterprises to get Alibaba-like platform

Payal Ganguly

The Central Board of Direct Taxes (CBDT) said in a statement on Thursday that tax holiday for startups will only be extended to ....

23 August, 2019

Market opportunity of $30 bn and BetterPlace has first-mover advantage

Shweta Sharma

The size of the market for training, managing payrolls and related business services for the 450-million strong blue collar, unorganised ....

23 August, 2019
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It’s Zomato vs others in negotiations with restaurants

Team TC

Even as hotel aggregator Zomato founder Deepinder Goyal said yesterday he is logging out of discussions with restaurant owners ....

23 August, 2019

Letsventure backs chatbot maker Niki.ai

Vijayakumar Pitchiah

Niki.ai, a startup which offers an artificial intelligence-powered personal assistant, has raised $321,748 in a fresh round of ....

23 August, 2019

Watch: Regulations will keep changing but ecosystem remains vibrant: Dinesh Goel, Siana Capital

Anand J & Vijayakumar Pitchiah

Dinesh Goel, partner at deep tech early-stage venture capital fund Siana Capital, says emerging technology-led disruptions ....

23 August, 2019

XL Innovate leads $37 mn Series B in road safety analytics firm Zendrive

Team TC

San Francisco-based road safety analytics firm Zendrive has raised $37 million in a Series B round of funding led by XL Innovate. Existing ....

23 August, 2019
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Steadview Capital invests $20 mn in Tiger Global-backed SaaS firm Zenoti

Binu Paul

Hyderabad- and Bellevue-based Zenoti, which offers software solutions to the beauty and wellness industry, has raised $20 million ....

23 August, 2019

Amazon to buy 49% stake in Future Coupons in offline retail push

Team TC

In its latest move to expand its presence in India’s brick-and-mortar retail sector, Seattle-headquartered ecommerce Amazon ....

23 August, 2019

Targeting high-frequency grocery segment, Amazon launches Fresh service in India

Binu Paul

Amazon India has introduced its urban food-delivery service Amazon Fresh as it looks to leverage the enormous potential of the ....

22 August, 2019

Paytm says valuation up 25% to $15 bn; startups with Rs 25 cr+ turnover may have to pay income tax

Team TC

Paytm staff sold shares worth $150 million, valuing the company at $15 billion, according to founder Vijay Sharma. Indian startups ....

22 August, 2019

Indian Railways’ online unit IRCTC plans Rs 500-600 cr IPO

Vijayakumar Pitchiah

Indian Railway Catering and Tourism Corporation (IRCTC), the tourism and catering arm of the Indian Railways, has filed the draft ....

22 August, 2019

CCI approves Canada Pension Board’s investment in Delhivery

Vijayakumar Pitchiah

Competition Commission of India (CCI), the country’s antitrust regulator, has given the go-ahead for the investment by the ....

22 August, 2019

Five T-Hub incubation programme startups sign MoUs, raise funding

Shweta Sharma

Five startups from the second batch of Lab 32, Hyderabad-based startup incubator T-Hub’s incubation programme, have managed ....

22 August, 2019

OYO to hire over 3,000 employees to strengthen India ops

Team TC

Gurugram-based hospitality chain Oravel Stays, which runs OYO Hotels and Homes, is strengthening its workforce in India by adding ....

22 August, 2019

Tiger Global pumps $15 mn into Goibibo founder Ashish Kashyap’s fintech startup

Vijayakumar Pitchiah

INDWealth, a wealth management platform owned by Gurugram-based Finzoom Investment Advisors, has raised $15 million from New York ....

22 August, 2019

GE Healthcare unveils startups collaboration programme

Team TC

Medical technology and services provider GE Healthcare has unveiled Edison[X], its first startup collaboration programme centred ....

22 August, 2019

Micro-financing startup Tala raises $110 mn to fund India expansion

Binu Paul

California-based Tala, a micro-financing startup targeting emerging markets, has raised $110 million in its Series D round of ....

22 August, 2019