Flipkart sets up fund for early-stage bets; PharmEasy, Drivezy may raise capital

Vijayakumar Pitchiah

Walmart-owned homegrown e-commerce major Flipkart has set up an internal fund for its early stage investments, a report in a financial ....

25 March, 2019

Airbnb may invest up to $200 mn in OYO: Report

Kavya Kothiyal

US-based online home rental company Airbnb is currently in talks to invest $100-200 million in homegrown budget hospitality chain ....

19 March, 2019
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Digital insurance startup Acko raises $65 mn in Series C funding

Vijayakumar Pitchiah

Mumbai-based online startup Acko General Insurance Co. Ltd has raised $65 million (Rs 452.3 crore) in a Series C round of funding ....

13 March, 2019

OYO to invest $200 mn in India & Southeast Asia ops this year

Vijayakumar Pitchiah

Hospitality unicorn OYO has committed to invest Rs 1,400 crore (around $200 million) in its Indian and Southeast Asian operations ....

12 March, 2019

From groceries to e-tailing, hyperlocal delivery startups back in the limelight

Kavya Kothiyal

Last month, food-tech unicorn Swiggy started offering home delivery of groceries and other daily essentials. And last week, Reliance ....

6 March, 2019

Delhivery is India’s latest unicorn after closing $395-mn funding round

Binu Paul

Logistics-tech firm Delhivery Pvt. Ltd has become the newest member of India’s unicorn club after raising $395 million (around ....

6 March, 2019
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SoftBank leads $60 mn follow-on round in online grocery startup Grofers

Kavya Kothiyal

Online grocery startup Grofers India Pvt. Ltd has raised $60 million (Rs 425.4 crore at current exchange rate) in a follow-on ....

28 February, 2019

SoftBank and Carlyle get CCI nod to acquire stakes in Delhivery

Kavya Kothiyal

The Competition Commission of India (CCI) has given the go-ahead to Japan's SoftBank Corp to acquire 22.44% stake in logistics ....

28 February, 2019

InMobi floats new biz unit to offer cloud-based solutions for telcos

Anand J

Mobile advertisement platform InMobi has launched a cloud-based solution to help telecom companies boost the privacy, security ....

26 February, 2019

Startups bullish about fundraising but hiring still a pain point: TechCircle survey

Kavya Kothiyal

A record year for fundraising in the Indian startup ecosystem has made entrepreneurs bullish about their prospects of raising ....

19 February, 2019
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OYO marks close of $1 bn funding round with Didi Chuxing investment

Binu Paul

Budget hospitality chain OYO has raised $100 million (Rs 709.4 crore at current exchange rate) from Chinese ride-hailing firm ....

14 February, 2019

Ola in talks to raise funding from Mirae Asset-Naver Asia fund: Report

Kavya Kothiyal

Cab-hailing company Ola is in talks with a joint venture of South Korean companies Mirae Financial Group and Naver Corp to raise ....

11 February, 2019

OYO revenue more than triples in FY18, loss stable

Vijayakumar Pitchiah

Budget hospitality chain OYO reported a three-fold rise in operating revenues amidst stagnant losses even as gross expenses rose ....

5 February, 2019

Ola raises $16 mn in fresh capital from new US-based investors

Kavya Kothiyal

ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 112 crore ($15.6 million) from a clutch of new foreign ....

5 February, 2019

Business messaging service Slack files for IPO

Reuters

Slack Technologies Inc said on Monday it had confidentially applied with the U.S. Securities and Exchange Commission to list shares ....

5 February, 2019

Ola lost Rs 1.5 for every rupee earned in FY18

Vijayakumar Pitchiah

ANI Technologies Pvt. Ltd, which operates homegrown cab-hailing major Ola, reported a nearly 57% rise in operating revenues and ....

1 February, 2019

OYO in talks to acquire Delhi-based co-working space provider Innov8

Payal Ganguly

SoftBank-backed hotel-reservations startup OYO is in advanced talks to acquire Delhi-based co-working space provider Innov8, operated ....

30 January, 2019

Paytm Mall pivoting from consumers to merchants, rejigging management

Vijayakumar Pitchiah

Paytm Mall is pivoting from its consumer-facing business to wholesale and offline-to-online (O2O) segments, due to heightening ....

29 January, 2019

Paytm Mall not bowing out of e-commerce race, says Vijay Shekhar Sharma

Vijayakumar Pitchiah

Paytm founder and chief executive Vijay Shekhar Sharma has dismissed reports that the company plans to scale down Paytm Mall, ....

25 January, 2019

Exclusive: Baby products e-tailer FirstCry raises $150 mn from SoftBank

Vijayakumar Pitchiah

Pune-based Brainbees Solutions Pvt. Ltd, which operates online-first baby products retailer FirstCry, has raised $149.36 million ....

22 January, 2019

PolicyBazaar hires tech, product chiefs to beef up top deck

Kavya Kothiyal

Online insurance selling platform Policybazaar, which is operated by ETechAces Marketing and Consulting Pvt. Ltd, has strengthened ....

21 January, 2019