Bike taxi startup Rapido to raise $50 mn; Paytm Mall cuts ties with parent entity

Team TC

Bike-taxi startup to raise $50 million. Paytm Mall cuts ties with One97 Communications.  Shunwei, Westbridge Capital to ....

13 August, 2019

Paytm Mall shuts warehouses to cut costs

Shweta Sharma

One 97 Communications-owned ecommerce platform Paytm Mall is reducing costs associated with logistics by adopting an online-to-offline ....

12 August, 2019
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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

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

Quikr raises $3 mn debt from Trifecta Capital

Vijayakumar Pitchiah

Bengaluru-based online classifieds platform Quikr India has raised $3 million (Rs 20 crore at the current rate exchange rate) ....

25 July, 2019

Funding Roundup: Investments cross $400 million on the back of growth deals

Vijayakumar Pitchiah

Growth stage funding took center-stage again this week which saw a total of 21 deals worth more than $400 million being concluded. ....

19 July, 2019
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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

Commerce minister Piyush Goyal meets stakeholders from e-commerce, tech firms

Payal Ganguly

Means to monitor use of data and threats from foreign competition were some of the key aspects of discussion in a meeting conducted ....

18 June, 2019

Is eBay the best bet for reviving Paytm Mall’s fortunes?

Binu Paul & Vijayakumar Pitchiah

The word on the street is that global e-commerce firm eBay Inc is mulling a third strategic bet on an Indian online marketplace ....

23 April, 2019

AR and VR-enabled stores to attract 100 mn customers by next year: Gartner

Anirban Ghoshal

More than 100 million consumers will shop in augmented reality or virtual reality-enabled stores by 2020, according to a report ....

1 April, 2019
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Paytm Mall may raise up to $200 mn from eBay; OYO makes first acquisition in China

Binu Paul

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), ....

27 March, 2019

Quikr trims FY18 cash burn but loss still exceeds revenue

Dearton Thomas Hector

Bengaluru-based online classifieds firm Quikr India Pvt. Ltd has narrowed its net loss for the financial year through March 2018, ....

21 November, 2018

ShopClues raises $16 mn from GIC, others

Payal Ganguly

Clues Network Pvt. Ltd, which operates online marketplace ShopClues has raised Rs 110 crore (about $16 million) in fresh capital ....

10 August, 2018

E-commerce enabler Anchanto raises $4 mn as part of Series C round

Vijayakumar Pitchiah

Anchanto, a Singapore- and Pune-based e-commerce fulfilment platform has raised $4 million (Rs 27 crore) as part of the first ....

4 July, 2018

Why local startups fretting about foreign rivals should consult Jack Ma’s playbook

Aish Sinha

One of the arguments in favour of protectionism in the Indian e-commerce industry is that China protected its consumer internet ....

14 June, 2018

Where is Flipkart spending nearly $1 bn from last funding round?

Anand J

Flipkart is infusing nearly $1 billion in three units in India to take on global giant Amazon in the ecommerce market. Subsidiaries ....

3 March, 2018

eBay takes $61 mn impairment hit on Snapdeal investment

Anand J

Global e-commerce firm eBay Inc. has written down its investment in online marketplace Snapdeal but recorded gains by selling ....

8 February, 2018

Exclusive: Tiger Global may be part-exiting Flipkart with 3x return

Manu P Toms

Tiger Global, the biggest investor in Flipkart, may have struck a deal with Microsoft and other new investors to sell a part of ....

21 March, 2017

Flipkart raises $1 bn in down round: Report

Dearton Thomas Hector

Flipkart Pvt Ltd, the Singapore-based holding company of India's largest e-commerce marketplace, has reportedly raised $1 billion ....

20 March, 2017

Exclusive: Former India head Latif Nathani quits eBay

Binu Paul

Latif Nathani, who was heading eBay's India business up until recently, has resigned from the company. Nathani served as the ....

17 March, 2017

Flipkart may raise $1.5 bn from Tencent and eBay

Vijayakumar Pitchiah

Homegrown e-commerce major Flipkart is in talks to raise $1.5 billion (Rs 10,000 crore) from Chinese Internet giant Tencent and ....

16 March, 2017