Sachin Bansal’s BAC Acquisitions calls off investment in Milkbasket

Binu Paul

More than one month after Flipkart co-founder Sachin Bansal’s BAC Acquisitions committed to loan Rs 20 crore ($2.86 million ....

7 June, 2019

Funding roundup: Smart e-scooters, social commerce in spotlight as dealmaking gathers steam

Vijayakumar Pitchiah

There was a significant uptick in startup-related dealmaking activity as the month of May drew to a close, with the value of deals ....

31 May, 2019
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Sachin Bansal leads $51 mn investment in smart e-scooter maker Ather Energy

Vijayakumar Pitchiah

Ather Energy Pvt. Ltd, which makes smart electric scooters, has raised $51 million (Rs 355 crore at the current exchange rate) ....

28 May, 2019

Exclusive: Sachin Bansal backs micro-delivery grocery startup Milkbasket

Vijayakumar Pitchiah

Micro-delivery grocery startup Milkbasket has raised debt funding from Flipkart co-founder Sachin Bansal, two people directly ....

29 April, 2019

Scooter rental platform Bounce gets more venture debt from InnoVen Capital

Vijayakumar Pitchiah

Bengaluru-based Bounce, which runs a dockless scooter and bicycle rental platform, has raised $3 million (around Rs 20.8 crore) ....

22 April, 2019

Sachin Bansal circles micro-lender Chaitanya; personal loan platform Credy raises funding

Kavya Kothiyal

Flipkart co-founder Sachin Bansal might acquire a 75% stake in Bengaluru-based microfinance firm Chaitanya Rural Intermediation ....

12 April, 2019
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Exclusive: Scooter rental platform Bounce raises debt from Sachin Bansal

Vijayakumar Pitchiah

Bengaluru-based Bounce, which is a scooter and bicycle rental platform, has received debt worth $3 million (Rs 21 crore at current ....

29 March, 2019

Flipkart co-founder Sachin Bansal invests $92 mn in Ola

Binu Paul

Flipkart co-founder Sachin Bansal has invested Rs 650 crore ($92 million) in ANI Technologies Pvt. Ltd, which operates cab-hailing ....

19 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

Cab aggregator Ola gets fat cheque from Flipkart co-founder Sachin Bansal

Vijayakumar Pitchiah

Flipkart co-founder Sachin Bansal has invested Rs 149.99 crore ($21.18 million) in ANI Technologies Pvt. Ltd, which operates homegrown ....

14 January, 2019
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Flashback 2018: From Bansals to unsung founders, meet the year’s movers and shakers

Team TC

The Indian startup ecosystem’s top newsmakers this year were a combination of usual suspects and surprise packages. From ....

31 December, 2018

Six months after exiting Flipkart, Sachin Bansal launches new venture

Vijayakumar Pitchiah

Flipkart co-founder Sachin Bansal has launched a new company six months after exiting from the homegrown e-commerce giant in May. The ....

21 December, 2018

After exiting Flipkart, Binny Bansal seeks $100 mn payout from Walmart: Report

Binu Paul

Flipkart co-founder Binny Bansal, who abruptly resigned as group chief executive officer recently following an investigation into ....

19 December, 2018

Flipkart co-founders and other shareholders get tax notice on Walmart deal

Binu Paul

The income tax department has served notices to 35 Flipkart shareholders including its co-founders Sachin Bansal and Binny Bansal ....

22 November, 2018

Walmart now owns more than 80% stake in Flipkart: Report

Binu Paul

US retail behemoth Walmart Inc has increased its controlling stake in homegrown e-commerce giant Flipkart, according to a media ....

21 November, 2018

After Binny Bansal’s exit, what’s next for Walmart-owned Flipkart?

Team TC

Flipkart co-founder Binny Bansal’s abrupt resignation as group chief executive officer this week puts US retail giant Walmart ....

15 November, 2018

Flipkart's Binny Bansal resigns after probe into personal misconduct

Dearton Thomas Hector

Flipkart co-founder Binny Bansal has resigned as group chief executive officer following an independent probe into allegations ....

13 November, 2018

Flipkart co-founder Sachin Bansal may invest $100 mn in Ola

Dearton Thomas Hector

Richer after his exit from his first venture Flipkart, Sachin Bansal seems all set to make his biggest personal investment ever ....

11 October, 2018

Why MakeMyTrip’s Deep Kalra is worried about the future of Indian startups

Binu Paul

MakeMyTrip chairman and group chief executive officer Deep Kalra has warned about a potential takeover of the Indian startup ecosystem ....

1 October, 2018

Walmart may replace Binny Bansal as group CEO at Flipkart: Report

Dearton Thomas Hector

Walmart Inc., which acquired Flipkart earlier this year, may replace the Indian e-commerce company's group chief executive ....

24 September, 2018

Aim to aid local startups but not looking at protectionism: IndiaTech CEO Kailasam

Dearton Thomas Hector & Anand J

The debate around a ‘level-playing field’ for Indian startups intensified towards the end of 2016 when Flipkart co-founder ....

4 September, 2018