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Uber elevates India head to Asia-Pacific chief
Uber India and South Asia chief Amit Jain will now head the ride-hailing app’s operations in the Asia-Pacific, with his ......
TMT
Amazon leads funding round in online insurance startup Acko
Mumbai-based online insurance startup Acko General Insurance Co. Ltd has raised $12 million (around Rs 80 crore) in a new ......
TMT
HNI leads second pre-Series A round in ed-tech startup Smartivity
Ed-tech startup Smartivity Labs Pvt. Ltd, which designs toys and learning projects for kids, has raised $2 million (Rs 13 ......
TMT
Bike taxi startup Rapido buys Hyderabad peer Getbike
Bengaluru-based bike taxi startup Rapido has acquired Hyderabad rival Getbike to enter the business-to-business segment, the two companies’ executives told ......
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SoftBank confirms Flipkart stake sale in first known exit from Vision Fund
Japanese telecom and Internet conglomerate SoftBank Group Corp has confirmed it will sell its entire stake in Indian online retailer ......
TMT
Alibaba brings online movie ticketing platform TicketNew under Paytm
Digital payments major Paytm has announced the acquisition of Chennai-based Orbgen Technologies Pvt. Ltd, which runs online ticketing platform TicketNew.Both ......
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E-tailer Infibeam buys UAE-based digital payments firm
Infibeam Incorporation Ltd, the parent of the country’s only listed e-commerce company, has acquired 100% stake in Vavian International, a ......
Finance
Inventus set for first close of India-only VC fund
Early-stage investment firm Inventus Capital Partners, which invests in Indian and US startups and had spliced up its latest fund ......
TMT
Before Walmart played god, these angels kept Flipkart afloat
Co-founders Sachin Bansal and Binny Bansal have always been the prominent individuals at the heart of Flipkart’s success story. But ......
TMT
Walmart-Flipkart deal: Naspers earns four-fold returns in big India exit
South Africa-based internet group Naspers said on Wednesday it has sold its entire 11.18% stake in Indian online retailer Flipkart ......
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