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Flipkart raises $1 bn in down round: Report

TMT

20 March, 2017

Flipkart raises $1 bn in down round: Report

Bengaluru-based e-commerce behemoth Flipkart Online Services Pvt Ltd has reportedly raised $1 billion in a massive fundraising round. The firm ......

Alibaba seeks $5 bn loan amid tech financing rush

TMT

09 March, 2017

Alibaba seeks $5 bn loan amid tech financing rush

Chinese e-commerce giant Alibaba Group Holding Ltd is in talks with banks to raise $5 billion in new funding, sources ......

Axis Bank limits support for Snapdeal's seller financing programme

TMT

09 March, 2017

Axis Bank limits support for Snapdeal's seller financing programme

Axis Bank has withdrawn its credit limit to some sellers on e-commerce firm Snapdeal’s platform over falling sale numbers, a ......

Snapdeal's potential fundraise from Softbank may cut its valuation in half

TMT

08 March, 2017

Snapdeal's potential fundraise from Softbank may cut its valuation in half

E-commerce firm Snapdeal is in talks to raise funds from existing investor Softbank, which could see its valuation fall below ......

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VC deals to rise but consumer Internet faces tough times in 2017: VCCircle survey

General

04 March, 2017

VC deals to rise but consumer Internet faces tough times in 2017: VCCircle survey

Startups looking for institutional funding can expect better months ahead with venture capital investors likely to make a cautious comeback ......

What's firing up Infibeam

TMT

28 February, 2017

What's firing up Infibeam

India's e-commerce story is a familiar one—cash burn, negative unit economics and a pipe dream called profitability, all in the ......

911—The number that spooked Snapdeal

TMT

24 February, 2017

911—The number that spooked Snapdeal

On Wednesday, Snapdeal founders Kunal Bahl and Rohit Bansal said they will not take salaries for an undisclosed period as ......

B2B online marketplace Tolexo to lay off 300

TMT

24 February, 2017

B2B online marketplace Tolexo to lay off 300

Online business goods marketplace Tolexo Online Pvt. Ltd will lay off 300 employees, or 85% of its workforce, according to ......

Snapdeal sellers knock govt's doors as e-tailer struggles

TMT

24 February, 2017

Snapdeal sellers knock govt's doors as e-tailer struggles

A group of sellers on online marketplace Snapdeal has approached commerce minister Nirmala Sitharaman to protect their interests as the ......

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E-commerce segment in India is currently toxic: Sistema Asia Fund's Andrey Terebenin

General

16 February, 2017

E-commerce segment in India is currently toxic: Sistema Asia Fund's Andrey Terebenin

Sistema Asia Fund, the venture capital arm of Russia conglomerate Sistema JSFC, is looking to expand in India. The investment ......