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Finance
Fund Scan: How Sixth Sense is replicating founder Nikhil Vora's Paytm success story
Just days before SoftBank’s record $1.4-billion investment in Paytm in 2017, an individual investor’s exit from the digital wallet company ......
Finance
Value Lens: Will Uber and Lyft's public market reception be bad news for Ola?
Earlier this year, India’s top ride-hailing venture Ola scaled the valuation chart to become the second-most valued startup, behind Paytm ......
TMT
Hyundai Motor, Kia to invest $300 mn in Ola
Ride-hailing company Ola has raised $300 million (Rs 2,050 crore) from South Korean automakers Hyundai Motor Co and Kia Motors ......
TMT
Reliance to pick up majority stakes in Grab, C-Square
Mukesh Ambani-led Reliance Industries Limited (RIL) has agreed to acquire an 83% majority stake in Mumbai-based hyperlocal delivery platform Grab. In ......
TMT
OYO raises money from Didi Chuxing to close $1 bn funding round
Budget hospitality chain OYO has raised $100 million (Rs 709.4 crore at current exchange rate) from Chinese ride-hailing firm Didi ......
TMT
Singapore-based technology firm Grab invests $100 mn in OYO
Budget hospitality chain OYO has raised Rs 732 crore ($104 million at current exchange rates) from Singapore-based ride-hailing company Grab ......
General
Tata Sons rejects plan to buy Prabhat Dairy; Go-Jek may back Mobile Premier League
Tata Global Beverages’ proposal to purchase Prabhat Dairy Ltd for about Rs 400 crore has been rejected by Tata Sons ......
TMT
Uber sells Southeast Asia business to SoftBank-backed Grab
Ride-hailing firm Uber Technologies Inc. has decided to sell its Southeast Asian business to regional rival Grab, its second exit ......
TMT
VCC Startups Weekly Wrap: WhatsApp weighs digital payments; Grab buys Indian startup
Speculation about WhatsApp’s much-anticipated entry into the crowded mobile payment space in India gained momentum this week as media reports ......
TMT
Uber rival Grab acquires Indian mobile payments startup iKaaz
Southeast Asian ride-hailing firm Grab has acquired Bengaluru-based payments startup iKaaz to help expand its digital payments platform GrabPay.The flexibility ......
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