Anand J
TMT
Walmart inching closer to Flipkart deal; Accel eyes bumper returns
Flipkart, India's largest e-commerce company, has decided to sell a majority stake to US retail giant Walmart and a deal ......
Finance
Around 25% money in third VC fund came from new LPs: Prime Venture's Swamy
Early-stage investor Prime Venture Partners recently closed its third fund at Rs 400 crore ($60 million). The Bengaluru-based firm mainly ......
TMT
Mumbai investment firm backs online events platform TheCollegeFever
Bengaluru-based online college event ticket booking startup TheCollegeFever (TCF) has completed raising $250,000 (around Rs 1.7 crore) in seed funding ......
TMT
Bay Capital leads $7.5 mn round for online stock broker Samco
Mumbai-based online broker Samco Securities has raised $7.5 million (Rs 49 crore) in a Series B round led by Bay ......
TMT
Amazon's India investment continues to bleed its international business
E-commerce giant Amazon Inc.’s massive investment in India continues to drag its margins, with the loss of its international business ......
TMT
Lending platform Capital Float raises $22 mn from Amazon
Bengaluru-based digital lender Capital Float has raised $22 million (Rs 144 crore) in equity funding from e-commerce major Amazon India, ......
TMT
Ebix to buy into e-learning firm Smartclass in ninth India acquisition
NASDAQ-listed software firm Ebix Inc. will acquire 60% stake for $8 million (Rs 52 crore) in Indian e-learning company Smartclass, ......
TMT
IFC, others complete Series C round in online insurance broker Coverfox
Online insurance platform Coverfox has completed its $22-million (Rs 144 crore) Series C funding round, which was led by International ......
TMT
Nexus Venture Partners backs e-logistics startup Pando
Bengaluru-based logistics portal Pando Corp Pvt. Ltd has raised $2 million (Rs 13.08 crore) in a seed round led by ......
TMT
Govt eases norms but stops short of abolishing angel tax on Indian startups
The Department of Industrial Policy and Promotion (DIPP) has notified an amendment to the angel tax rule that will bring ......