How Uber’s India tech centres have become a breeding ground for innovation

Anand J

US-headquartered Uber will soon make its cab-hailing app available in Indian languages amid efforts to rack up another billion ....

21 May, 2019

Faasos parent may get funding from Coatue, Go-Jek; PharmEasy set to close $100-mn round

Payal Ganguly

Rebel Foods, which owns and operates cloud kitchen company Faasos and other brands, is in talks with New York-based technology ....

20 May, 2019
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SoftBank signs fat cheque for e-grocer Grofers; Tiger Global keeps piling into B2B

Vijayakumar Pitchiah

The third week of May saw muted funding activity, with the total investment value falling by almost a third from a week earlier. Nearly ....

17 May, 2019

Hospitality chain OYO launches light version of app

Om Athavale

Gurugram-based Oravel Stays Pvt Ltd which operates hospitality network OYO Hotels & Homes, has launched a light version of ....

16 May, 2019

Paytm Mall estimates fraud of up to Rs 10 crore in cashback scheme

Payal Ganguly

Paytm Mall, the online marketplace owned and operated by Paytm Ecommerce Pvt. Ltd, has estimated that the range of seller fraud ....

15 May, 2019

SoftBank leads $200 mn round in e-grocer Grofers

Vijayakumar Pitchiah

Online grocer Grofers India Pvt. Ltd has raised more than $200 million (Rs 1,406 crore at current exchange rate) in a funding ....

15 May, 2019
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SoftBank likely to back Dailyhunt; Falcon Edge may invest in Stanza Living: Reports

Vijayakumar Pitchiah

Local-language content and news aggregator Dailyhunt, owned by Bengaluru-based Versé Innovation Pvt. Ltd, is in talks to ....

15 May, 2019

Tiger Global, Falcon Edge lead Series B round in logistics technology startup Locus

Vijayakumar Pitchiah

Mara Labs Inc., a Delaware and Bengaluru-based startup that provides logistics management solutions under the brand Locus, has ....

13 May, 2019

Unicorns BigBasket, Ola and others secure large cheques from marquee investors

Kavya Kothiyal & Om Athavale

India’s startup ecosystem saw some heavyweights being backed by marquee investors. More than a dozen startups raised ....

10 May, 2019

SoftBank books profit in FY19 thanks to investments in Flipkart, OYO

Vijayakumar Pitchiah

Japanese internet conglomerate SoftBank has reaped the fruit of its Indian investments in e-commerce firm Flipkart and budget ....

10 May, 2019
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Nutanix co-founder’s data management firm Cohesity acquires Imanis

Anand J

Data management company Cohesity, founded by Mohit Aron, said it has bought for an undisclosed sum California-based Imanis Data, ....

10 May, 2019

Breaking: Hyundai, Kia Motors lead $351 mn round in Ola at $6.2 bn valuation

Vijayakumar Pitchiah

Bengaluru based ANI Technologies Pvt Ltd, which operates ride hailing service Ola, has raised $351.50 million (Rs 2469.80 crore ....

10 May, 2019

Ola board okays proposal to issue fresh shares worth $355 mn for fundraising

Vijayakumar Pitchiah

Ola’s board has allowed the homegrown cab-hailing firm to issue new shares worth $355 million (Rs 2,469.80 crore at current ....

2 May, 2019

Paytm now offers online merchants recurring payment option

Shweta Sharma

Noida-based digital payments company Paytm, owned by One97 Communications Ltd, has launched a recurring payment offering for its ....

29 April, 2019

SoftBank may invest $2-3 bn in Reliance Jio: Reports

Payal Ganguly

Mukesh Ambani-led Reliance Industries Limited (RIL) is in talks with Japan’s SoftBank Vision Fund to secure an investment ....

24 April, 2019

OYO sacks 25 employees in China for unethical conduct, delists two hotels

Binu Paul

Budget hospitality chain OYO has fired 25 employees from its China subsidiary for misconduct and warned 110 more as part of an ....

18 April, 2019

Why a Snapdeal-ShopClues merger would be a win-win scenario

Binu Paul & Payal Ganguly

A potential merger between second-tier e-commerce companies Snapdeal and ShopClues opens up an interesting playground at the next ....

11 April, 2019

Airbnb invests $75 mn in OYO at valuation of $4.3 bn

Vijayakumar Pitchiah

Homegrown hospitality unicorn OYO has received an investment of $75 million (Rs 519 crore at current exchange rates) from San ....

11 April, 2019

SoftBank India head Sumer Juneja joins Ola, Delhivery boards

Kavya Kothiyal

Sumer Juneja, the India head of Japanese internet conglomerate SoftBank Group Corp, has joined the boards of cab-hailing company ....

5 April, 2019

OYO takes hotel biz to Japan via joint venture with SoftBank

Vijayakumar Pitchiah

OYO is taking its hotel offerings to Japan as the hospitality unicorn presses on with its rapid global expansion on the back of ....

4 April, 2019

Delhivery, BigBasket close mega funding rounds among 15 startups funded this week

Kavya Kothiyal

A myriad of online businesses, from e-commerce to a bus aggregator to a business-to-business (B2B) marketplace, dominated startup ....

29 March, 2019