Alipay
TMT
SoftBank wraps up $375 mn India exit with a profit
Japanese technology investment goliath SoftBank, which has been on a spree to harvest money from its India portfolio, has completed ......
Markets
PE/VC funds, promoters pull out over $12 bn as equity market rallies
Large shareholders in Indian firms have sold 1.03 trillion rupees ($12.36 billion) in shares so far this year, double that ......
TMT
After signing off from Paytm, Alibaba affiliate inks near 5x exit move in India
China’s Alibaba Group, which sold its stake in Paytm parent One97 Communications Ltd earlier this year after virtually writing off ......
TMT
T Rowe, Ant, others stuff $1 bn cash wad into Paytm e-wallet, bestow $16 bn valuation
Paytm, operated by One97 Communications, has scooped $1 billion (Rs 7,170 crore) in a fresh round of funding led by ......
TMT
Foodpanda India confirms acquisition of food-tech company Holachef
Foodpanda India, the online food delivery firm owned by cab hailing company Ola, has acquired shuttered food-tech startup Holachef for ......
TMT
Alibaba's payment affiliate invests $210 mn more in Zomato
Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is raising $210 million (Rs 1,500 crore) from Chinese ......
Finance
In Charts: Singapore surpasses Mauritius for FDI inflows into India
Singapore has trumped Mauritius as the most favoured route for foreign direct investment (FDI) into India for three quarters in ......
TMT
Swiggy seeks unicorn status, in talks to raise $250 mn
Online food delivery startup Swiggy is looking to raise $250 million, instead of $150-200 million it was considering earlier. The ......
TMT
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 ......
TMT
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 ......