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Naspers-owned PayUmoney to close its wallet service

TMT

04 January, 2018

Naspers-owned PayUmoney to close its wallet service

Gurgaon-based PayU India Internet Pvt Ltd, which offers an online payment solution for individuals and businesses under PayUMoney, is shutting ......

Naspers may join hands with Tencent to invest afresh in Swiggy

TMT

04 January, 2018

Naspers may join hands with Tencent to invest afresh in Swiggy

South African technology group Naspers and Chinese internet giant Tencent may jointly invest around $150-200 million in homegrown food delivery ......

Swiggy hires former Reckitt Benckiser exec as CEO of New Supply biz

People

05 December, 2017

Swiggy hires former Reckitt Benckiser exec as CEO of New Supply biz

Bengaluru-based Bundl Technologies Pvt. Ltd, which operates online food ordering platform Swiggy, has appointed former Reckitt Benckiser executive Vishal Bhatia ......

Foodpanda lost less on every rupee earned last year than Zomato and Swiggy

TMT

29 November, 2017

Foodpanda lost less on every rupee earned last year than Zomato and Swiggy

Naspers-backed food delivery firm Foodpanda’s India unit said on Wednesday its revenue for the year through March 2017 jumped 64% ......

Flipkart likely to invest $50 mn into Swiggy: Report

TMT

16 November, 2017

Flipkart likely to invest $50 mn into Swiggy: Report

Homegrown e-commerce major Flipkart may invest $50 million (around Rs 327 crore) into food delivery platform Swiggy, according to a ......

CarDekho parent ropes in Yatra's Pragya Kumar as chief people officer

People

15 November, 2017

CarDekho parent ropes in Yatra's Pragya Kumar as chief people officer

Jaipur-based Girnar Software Pvt. Ltd, which owns auto portals CarDekho.com, BikeDekho.com and Gaadi.com, on Wednesday said it has appointed former ......

Travel startup Itilite raises capital from Matrix Partners

TMT

09 November, 2017

Travel startup Itilite raises capital from Matrix Partners

Bengaluru-based B2B travel-tech startup Itilite Technologies Pvt. Ltd has raised an undisclosed amount from US-based private equity investment firm Matrix ......

Swiggy appoints former Britannia exec Rahul Bothra as CFO

People

28 September, 2017

Swiggy appoints former Britannia exec Rahul Bothra as CFO

Bengaluru-based Bundl Technologies Pvt. Ltd, which operates online food ordering platform Swiggy, has appointed former Britannia Industries executive Rahul Bothra ......

Naspers ups stake in Foodpanda parent Delivery Hero

TMT

28 September, 2017

Naspers ups stake in Foodpanda parent Delivery Hero

South African media firm Naspers increased its investment in online food takeaway firm Delivery Hero on Thursday, buying half the ......

Will Alibaba's planned investment in Zomato disrupt the food-tech space?

TMT

05 September, 2017

Will Alibaba's planned investment in Zomato disrupt the food-tech space?

Online restaurant finder and food delivery platform Zomato may receive a whopping $200 million (Rs 1,283 crore) from Chinese e-tailing ......