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

OYO founder to increase stake through Cayman-based entity

Vijayakumar Pitchiah

Ritesh Aggarwal, the founder of Gurugram-based hospitality chain OYO Hotels and Homes, is increasing his stake in the company ....

17 July, 2019
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OYO acquires Innov8, moves into co-working business with two more brands

Binu Paul

SoftBank-backed hospitality unicorn OYO has officially announced its foray into co-working business with the acquisition of Delhi-based ....

16 July, 2019

Online grocer Grofers gets $10mn top-up funding from UAE-based investor

Vijayakumar Pitchiah

Online grocer Grofers has raised another $10 million in what appears to be a top-up to its latest funding round, The Economic ....

16 July, 2019

Tiger Global may exit PolicyBazaar; Pixxel and Ace Turtle raise fresh capital: Reports

Team TC

Space technology startup Pixxel and ecommerce enabler Ace Turtle have raised fresh funding rounds according to media reports. ....

15 July, 2019

Milkbasket makes second acquisition, buys e-grocer PSR Supply Chain

Vijayakumar Pitchiah

Micro-delivery startup Milkbasket announced that it has made its second acquisition by acquiring Bengaluru-based PSR Supply Chain ....

9 July, 2019
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Oyo may list in 2-3 years, look at $18bn valuation: Report

Vijayakumar Pitchiah

Gurugram-based budget hospitality chain Oyo Hotels & Homes is gearing to take the public route within the next two-three years, ....

9 July, 2019

InMobi morphs into holding company, slots its three verticals into new structure: Report

Vijayakumar Pitchiah

Mobile marketing and advertising platform InMobi has created a holding company with three independent entities for its core businesses, ....

8 July, 2019

Exclusive: Falcon Edge-backed mobility startup Bounce in talks to raise $50 mn for EV push

Vijayakumar Pitchiah

Wickedride Adventure Services Pvt Ltd, the Bengaluru-based company that operates dockless urban mobility platform Bounce, is lining ....

8 July, 2019

OYO founder aims to regain substantial stake in hotel chain: Report

Binu Paul

To tighten his grip on the company, OYO Hotels and Homes founder and chief executive Ritesh Agarwal is in the midst of buying ....

8 July, 2019
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TikTok suffers legal setback; SoftBank to invest up to $4 bn more in India

Binu Paul

The Supreme Court has refused to allow a plea by short-video app TikTok which sought to transfer a case against the company in ....

5 July, 2019

Ola’s electric mobility arm raises $250 mn from SoftBank, valuation triples

Vijayakumar Pitchiah

Ola Electric Mobility Pvt. Ltd, a unit of cab-hailing major Ola, has raised $250 million (Rs 1,725.04 crore) from SoftBank. According ....

2 July, 2019

InMobi appoints Harvard professor as independent director

Payal Ganguly

Mobile marketing and advertising platform InMobi has announced the appointment of Harvard professor and economic strategist Tarun ....

28 June, 2019

OYO to invest $100 mn in its Chinese operations, appoints new revenue chief

Vijayakumar Pitchiah

Gurugram-based hospitality chain OYO Hotels & Rooms is ploughing $100 million (Rs 693 crore at current exchange rate) into ....

26 June, 2019

Epiq Capital, Unilever Ventures join Curefit’s Series D round

Vijayakumar Pitchiah

Health and fitness startup Curefit has closed a $120 million Series D round (about Rs 832 crore at current exchange rate) of equity ....

25 June, 2019

SoftBank may invest $350 mn in Curefit; FnO raises $2 mn from angel investors

Om Athavale

Japan’s SoftBank Vision Fund is in talks to invest up to $350 million in health and fitness startup Curefit, The Economic ....

21 June, 2019

OYO plans $300 mn investment for expansion in US

Kavya Kothiyal

OYO Hotels & Homes said it plans to invest up to $300 million (about Rs 2,086.6 crore at current exchange rate) in the US ....

20 June, 2019

Dailyhunt acquires hyperlocal content platform LocalPlay

Vijayakumar Pitchiah

Native-language content and news platform Dailyhunt has acquired LocalPlay, a Bengaluru-based peer which focuses on the hyperlocal ....

20 June, 2019

Ola to open tech centre in San Francisco Bay Area in push for electric, autonomous mobility

Payal Ganguly

Homegrown ride-hailing company Ola has said that it will set up its first technology centre in the San Francisco Bay Area, which ....

14 June, 2019

Why Bigbasket will dip its toes, but not dive into the physical grocery market

Vijayakumar Pitchiah & Anand J

At a time when firms are looking to blend stores with e-commerce in their omni-channel attempt to attract customers, online grocer ....

10 June, 2019

Watch: Hari Menon on making Bigbasket a consumer staple

Anand J & Vijayakumar Pitchiah

Marquee investors have been doubling down on India’s online grocery segment, with both Alibaba-backed Bigbasket and ....

10 June, 2019