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Bike taxi startup Rapido to raise $50 mn; Paytm Mall cuts ties with parent entity
Bike-taxi startup to raise $50 million. Paytm Mall cuts ties with One97 Communications. Shunwei, Westbridge Capital to ....
Paytm Mall shuts warehouses to cut costs
One 97 Communications-owned ecommerce platform Paytm Mall is reducing costs associated with logistics by adopting an online-to-offline ....
Funding Roundup: Rebel Foods scores a big investor, Tiger bets on B2C as funding crosses $400 mn
In another busy week for dealmaking in India’s technology sector, as many startups scooped up a total of $446.06 million ....
eBay buys 5.6% of Paytm E-Commerce for $160 mn
The US-headquartered ecommerce firm eBay will invest $160 million (Rs 1,102.53 crore at the current exchange rate) for a 5.59% ....
Quikr raises $3 mn debt from Trifecta Capital
Bengaluru-based online classifieds platform Quikr India has raised $3 million (Rs 20 crore at the current rate exchange rate) ....
Funding Roundup: Investments cross $400 million on the back of growth deals
Growth stage funding took center-stage again this week which saw a total of 21 deals worth more than $400 million being concluded. ....
eBay picks up 5.5% stake in Paytm Mall
US-headquartered ecommerce firm eBay Inc has picked up a 5.5% stake in ecommerce marketplace Paytm Mall for an undisclosed amount ....
Commerce minister Piyush Goyal meets stakeholders from e-commerce, tech firms
Means to monitor use of data and threats from foreign competition were some of the key aspects of discussion in a meeting conducted ....
Is eBay the best bet for reviving Paytm Mall’s fortunes?
The word on the street is that global e-commerce firm eBay Inc is mulling a third strategic bet on an Indian online marketplace ....
AR and VR-enabled stores to attract 100 mn customers by next year: Gartner
More than 100 million consumers will shop in augmented reality or virtual reality-enabled stores by 2020, according to a report ....
Paytm Mall may raise up to $200 mn from eBay; OYO makes first acquisition in China
Paytm Mall is in talks with global e-commerce firm eBay Inc. to raise up to $200 million (Rs 1,380 crore at current exchange rate), ....
Quikr trims FY18 cash burn but loss still exceeds revenue
Bengaluru-based online classifieds firm Quikr India Pvt. Ltd has narrowed its net loss for the financial year through March 2018, ....
ShopClues raises $16 mn from GIC, others
Clues Network Pvt. Ltd, which operates online marketplace ShopClues has raised Rs 110 crore (about $16 million) in fresh capital ....
E-commerce enabler Anchanto raises $4 mn as part of Series C round
Anchanto, a Singapore- and Pune-based e-commerce fulfilment platform has raised $4 million (Rs 27 crore) as part of the first ....
Why local startups fretting about foreign rivals should consult Jack Ma’s playbook
One of the arguments in favour of protectionism in the Indian e-commerce industry is that China protected its consumer internet ....
Where is Flipkart spending nearly $1 bn from last funding round?
Flipkart is infusing nearly $1 billion in three units in India to take on global giant Amazon in the ecommerce market. Subsidiaries ....
eBay takes $61 mn impairment hit on Snapdeal investment
Global e-commerce firm eBay Inc. has written down its investment in online marketplace Snapdeal but recorded gains by selling ....
Exclusive: Tiger Global may be part-exiting Flipkart with 3x return
Tiger Global, the biggest investor in Flipkart, may have struck a deal with Microsoft and other new investors to sell a part of ....
Flipkart raises $1 bn in down round: Report
Flipkart Pvt Ltd, the Singapore-based holding company of India's largest e-commerce marketplace, has reportedly raised $1 billion ....
Exclusive: Former India head Latif Nathani quits eBay
Latif Nathani, who was heading eBay's India business up until recently, has resigned from the company. Nathani served as the ....
Flipkart may raise $1.5 bn from Tencent and eBay
Homegrown e-commerce major Flipkart is in talks to raise $1.5 billion (Rs 10,000 crore) from Chinese Internet giant Tencent and ....