#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

PayU India launches app for merchants

Team TC

Naspers-owned payment solutions provider PayU India has launched a multi-functional mobile app for merchants. Merchants can ....

10 September, 2019
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Naspers may lead $55 mn funding round in ElasticRun; UPI transactions beat credit, debit cards

Team TC

South African internet and media giant Naspers is likely to lead a $55 million funding round in logistics startup ElasticRun. ....

3 September, 2019

Gaming unicorn Dream11 in talks with SoftBank, Naspers, Tiger Global for $500 mn funding: Report

Team TC

Online fantasy gaming startup Dream11 is in discussions with a number of top technology investors including SoftBank Vision Fund, ....

30 August, 2019

B2B ecommerce marketplace Udaan raises $300 mn in Series D round: Report

Team TC

Bengaluru-based Hiveloop Technology, which operates the B2B (business-to-business) ecommerce platform Udaan, has raised $300 million ....

30 August, 2019

Funding Roundup: Twitter plugs into ShareChat; internet deals boost funding to $347.5 mn

Team TC

Homegrown social media platform ShareChat received its highest validation yet this week when Twitter, the San Francisco-based ....

16 August, 2019
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Vinod Dham backs Orbo; Naspers may buy $100 mn stake in Dream11

Team TC

Intel’s Pentium chip developer and technology mentor Vinod Dham is backing Orbo. South Africa-based media giant Naspers ....

16 August, 2019

Naspers leads $125 mn funding round in social commerce platform Meesho

Payal Ganguly

Social commerce app Meesho has raised $125 million in a funding round, led by South African consumer internet group Naspers. The ....

12 August, 2019

PayU strengthens India leadership team with 5 new hires

Team TC

PayU, a fintech company that provides payments technology to online merchants, has strengthened its top management team for the ....

8 August, 2019

Cred to close $125 mn Series-A round; Ebix, MakeMyTrip look to buy Cox & Kings

Vijayakumar Pitchiah

Fintech company raised $65 million from multiple investors including Sequoia and Apoletto. Brick-and-mortar travel company attracts ....

5 August, 2019
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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

Online fashion retailer LimeRoad hires former ibibo CFO

Payal Ganguly

Online fashion retailer LimeRoad has hired Pankaj Jain as chief financial officer (CFO). Jain was CFO at ibibo Web for over ....

30 July, 2019

Naspers leads $30 mn Series C round for Brainly

Payal Ganguly

Peer-to-peer learning community Brainly has raised $30 million (Rs 207 crore at the current exchange rate) in a funding round ....

26 July, 2019

PayU, Zoho sign deal for digital biz push

Payal Ganguly

Naspers-owned payment solutions provider PayU has signed a deal with Zoho customer relationship management to help merchants digitise ....

24 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

PayU India sees another top exit; Xiaomi’s Shunwei Capital may invest in Yulu: Reports

Binu Paul

Online payment company PayU’s India founder and managing director Shailaz Nag has resigned from the firm, The Economic Times ....

11 July, 2019

PayU buys majority stake in Red Dot Payments for SE Asia expansion

Vijayakumar Pitchiah

Naspers-owned online payments major PayU has acquired a majority stake in Singapore-based payment solutions firm Red Dot Payments. The ....

5 July, 2019

Citrus Pay co-founder Jitendra Gupta steps down as PayU India MD

Vijayakumar Pitchiah

Jitendra Gupta has stepped down as the managing director (MD) of India operations at online payment company PayU, a subsidiary ....

1 July, 2019

Facebook-backed Meesho may raise up to $130 mn from Naspers: Report

Binu Paul

Social commerce platform Meesho is in talks with South African tech conglomerate Naspers to raise $120-130 million (about Rs 827-896 ....

28 June, 2019

Binny Bansal sells more Flipkart shares to Walmart; Naspers may not invest in Capital Float

Kavya Kothiyal

Co-founder Binny Bansal has sold more shares in online retailer Flipkart to US retail giant Walmart, which last year bought a ....

24 June, 2019

OYO strikes strategic partnership with Ctrip in China

Binu Paul

Gurugram-headquartered hospitality unicorn OYO has inked a strategic partnership with China’s largest online travel services ....

27 May, 2019