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Oyo, Zo Rooms cross swords over acquisition shrouded in mystery

TMT

27 October, 2017

Oyo, Zo Rooms cross swords over acquisition shrouded in mystery

The mystery over the supposed acquisition of rival Zo Rooms by budget hotel chain OYO deepened on Friday with both ......

Fosun Capital chairman William Tang joins Delhivery's board

People

25 October, 2017

Fosun Capital chairman William Tang joins Delhivery's board

William Tang, chairman of China-based Fosun Capital Investment & Management Co, Ltd, has joined the board of Gurgaon-based ecommerce logistics ......

Policybazaar raises $77 mn in Series E funding

TMT

13 October, 2017

Policybazaar raises $77 mn in Series E funding

Online insurance selling platform Policybazaar, which is operated by ETechAces Marketing and Consulting Pvt. Ltd, has raised Rs 500 crore ......

Logistics firm Ecom Express gets $30 mn top-up from Warburg Pincus

TMT

11 September, 2017

Logistics firm Ecom Express gets $30 mn top-up from Warburg Pincus

Delhi-based e-commerce logistics solutions provider Ecom Express Pvt Ltd has raised Rs 192 crore ($30 million) from existing investor Warburg ......

FreshWorks' India arm saw profit, revenue more than double in FY16

TMT

29 August, 2017

FreshWorks' India arm saw profit, revenue more than double in FY16

Freshworks Technologies Pvt. Ltd, the wholly-owned Indian subsidiary of cloud-based customer engagement platform Freshworks Inc, more than doubled its revenue ......

Away from spotlight, this former Tiger Global MD is bootstrapping an edtech startup

TMT

22 August, 2017

Away from spotlight, this former Tiger Global MD is bootstrapping an edtech startup

Even as New York-based hedge fund Tiger Global continues to make headlines with its large portfolio of Internet companies, some ......

SoftBank in talks to invest in logistics startup Rivigo

TMT

17 August, 2017

SoftBank in talks to invest in logistics startup Rivigo

Gurgaon-based logistics services provider TrucksFirst Services Pvt. Ltd, which operates Rivigo, is in preliminary talks with Softbank for a fresh ......

Flipkart's $2.4 bn fund-raise a shot in the arm, but it was the easy part

TMT

14 August, 2017

Flipkart's $2.4 bn fund-raise a shot in the arm, but it was the easy part

For those who root for underdogs, India's e-commerce market presented the perfect opportunity last week. Homegrown Flipkart, which claims to ......

Former Akamai exec Sidharth Malik joins Freshworks as chief revenue officer

People

11 August, 2017

Former Akamai exec Sidharth Malik joins Freshworks as chief revenue officer

Cloud-based customer engagement platform Freshworks, which was formerly known as Freshdesk, has appointed Sidharth Malik as chief revenue officer.Malik will ......

Accel Partners may sell part of Flipkart stake to SoftBank

TMT

10 August, 2017

Accel Partners may sell part of Flipkart stake to SoftBank

Flipkart's earliest backer Accel Partners, along with key investor Tiger Global, may partially offload its holdings to Japan's SoftBank Group ......