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Tencent leads $115 mn round in music streaming service Gaana

TMT

28 February, 2018

Tencent leads $115 mn round in music streaming service Gaana

Chinese Internet conglomerate Tencent Holdings Ltd has made another bet in India. This time, it has led a $115-million (Rs ......

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How much did BigBasket's VC investors make from Alibaba deal?

TMT

21 February, 2018

How much did BigBasket's VC investors make from Alibaba deal?

Homegrown online grocer BigBasket’s early investors yielded significant returns on their investments through partial exits during the latest funding round ......

Mumbai diamond merchant invests in food-tech startup Holachef

TMT

13 February, 2018

Mumbai diamond merchant invests in food-tech startup Holachef

Food-tech startup Holachef has raised Rs 2 crore ($311,200) from Ashok Kumar Gajera, director at Mumbai-based diamond manufacturer and distributor ......

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Sixth Sense Ventures nears first close of second fund

Finance

13 February, 2018

Sixth Sense Ventures nears first close of second fund

Sixth Sense Ventures is soon going to mark the first close of its second domestic fund, the consumer-focused venture capital ......

Alibaba's payment affiliate likely to raise funds at $100 bn valuation

TMT

09 February, 2018

Alibaba's payment affiliate likely to raise funds at $100 bn valuation

China’s Ant Financial Services Group is planning to raise up to $5 billion in fresh equity that could value the ......

Why click-and-mortar may be the key to cracking India's grocery delivery business

TMT

08 February, 2018

Why click-and-mortar may be the key to cracking India's grocery delivery business

What are the keys to success in the grocery delivery business? BigBasket co-founder Hari Menon thinks a deep understanding of ......

Favoured Alibaba's strategic investment over Amazon's buyout: BigBasket's Menon

TMT

05 February, 2018

Favoured Alibaba's strategic investment over Amazon's buyout: BigBasket's Menon

Online grocer BigBasket is barely $50 million away from becoming a unicorn after Chinese e-commerce giant Alibaba led a $300-million ......

Naukri parent Info Edge posts 22% rise in Oct-Dec revenue

TMT

02 February, 2018

Naukri parent Info Edge posts 22% rise in Oct-Dec revenue

Info Edge India Ltd, the parent company of a host of online service providers including Naukri.com, Jeevansathi.com and 99acres.com, has ......

Alibaba's payment affiliate invests $200 mn in Zomato

TMT

01 February, 2018

Alibaba's payment affiliate invests $200 mn in Zomato

Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is raising $200 million from Chinese e-commerce giant Alibaba's ......

BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others

TMT

01 February, 2018

BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others

SuperMarket Grocery Supplies Pvt Ltd, which owns the BigBasket brand, has raised $300 million (around Rs 1,921 crore) in a ......