Post RadiumOne, Gurbaksh Chahal seeks success again with RedLotus; in talks to raise $50 mn

Payal Ganguly

Serial entrepreneur Gurbaksh Chahal calls Hong Kong home these days. That’s where his latest startup, RedLotus, is headquartered ....

12 November, 2019

Mobikwik targets Rs 1,500 crore in loan disbursements for FY20

Payal Ganguly

Sequoia Capital-backed digital payments platform Mobikwik aims to disburse 1.2 million loans worth Rs 1,500 crore in the current ....

11 November, 2019
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Paytm Mall narrows FY19 losses on the back of O2O strategy

Shashank Didmishe

Paytm E-Commerce, which owns online marketplace Paytm Mall, has narrowed its consolidated losses for the financial year 2018-19 ....

1 November, 2019

What Flipkart is up against in India’s competitive hyperlocal grocery market

Supriya Roy

Walmart-owned ecommerce firm Flipkart is en route to attempt it's farm-to-fork foray with Flipkart FarmerMart, banking on ....

22 October, 2019

Alibaba launches AI-based chip for cloud computing

Payal Ganguly

Chinese retail and internet conglomerate Alibaba Group has announced the launch of Hanguang 800, an artificial intelligence (AI)-based ....

25 September, 2019

Alibaba gets 33% stake in Ant Financial ahead of IPO

Payal Ganguly

Chinese retail and internet conglomerate Alibaba Group Holding has received approval from the country’s regulators for a ....

25 September, 2019
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Zomato Gold extended to delivery orders, restaurants see red

Payal Ganguly

Even as negotiations continue between restaurants and food delivery platform Zomato, the Alibaba-backed company has extended its ....

23 September, 2019

Listen: Zomato, Swiggy meet NRAI; Premji sells Wipro shares; AWS and edtech startups

Shweta Sharma & Payal Ganguly & Anirban Ghoshal

In this episode of TechThisWeek #TTW we talk about Zomato and Swiggy and their bid to find a middle ground with restaurant owners, ....

13 September, 2019

Enterprise Tech Dispatch: US ups the battle against China in AI, Noida startup aids battery analytics

Anirban Ghoshal

Even as governments across the world seek to capitalise on frontier technologies for security and defence capabilities, two countries, ....

13 September, 2019

#Logout campaign: Will foodtech platforms be able to woo back restaurants?

Payal Ganguly

Nearly five weeks into the #Logout campaign that turned the country’s booming food-tech industry on its head, Zomato and ....

13 September, 2019
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Post Jack Ma, Alibaba enters the next era with a nod to work-life balance

Vignesh Ananthraj

Jack Ma, Alibaba Group’s charismatic founder may have moved on, but his ideas continue to influence the iconic China-born ....

11 September, 2019

Alibaba’s UCWeb to tap into India’s ecommerce growth story with a recommendation engine: Report

Binu Paul

Chinese Internet giant Alibaba-owned UCWeb is preparing to establish an indirect presence in India’s ecommerce market with ....

6 September, 2019

Funding Roundup: Rebel Foods scores a big investor, Tiger bets on B2C as funding crosses $400 mn

Vijayakumar Pitchiah

In another busy week for dealmaking in India’s technology sector, as many startups scooped up a total of  $446.06 million ....

2 August, 2019

Alibaba-Paytm gaming JV to raise $25 mn, expand gaming platform

Team TC

Paytm First Games, a joint venture between Alibaba-owned AGTech Holdings and SoftBank-based payments platform Paytm, is in talks ....

2 August, 2019

Naspers to lead fresh funding round in Swiggy; Cipla to back Medlife

Team TC

Online food delivery startup Swiggy is close to raising $750 million in a funding round led by Naspers. US retail behemoth Walmart ....

2 August, 2019

eBay buys 5.6% of Paytm E-Commerce for $160 mn

Vijayakumar Pitchiah

The US-headquartered ecommerce firm eBay will invest $160 million (Rs 1,102.53 crore at the current exchange rate) for a 5.59% ....

31 July, 2019

Amazon continues to dominate cloud storage biz: Gartner

Team TC

Seattle-headquartered Amazon Web Services (AWS) continued to dominate the infrastructure-as-a-service (IaaS) space in 2018 with ....

30 July, 2019

eBay picks up 5.5% stake in Paytm Mall

Vijayakumar Pitchiah

US-headquartered ecommerce firm eBay Inc has picked up a 5.5% stake in ecommerce marketplace Paytm Mall for an undisclosed amount ....

18 July, 2019

Swiggy in talks to raise $500mn from Korean investors, Naspers: Report

Vijayakumar Pitchiah

As competition in India’s food-tech sector intensifies, Swiggy, the food delivery platform owned by Bengaluru-based Bundl ....

15 July, 2019

Why Bigbasket will dip its toes, but not dive into the physical grocery market

Vijayakumar Pitchiah & Anand J

At a time when firms are looking to blend stores with e-commerce in their omni-channel attempt to attract customers, online grocer ....

10 June, 2019

Global spending on home automation devices to triple by 2025: GlobalData

Anirban Ghoshal

The total global spending on home automation devices is expected to reach $75 billion by 2025 from $23 billion in 2018, according ....

10 June, 2019