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MakeMyTrip Q1 net revenue more than doubles, loss widens

TMT

09 August, 2017

MakeMyTrip Q1 net revenue more than doubles, loss widens

MakeMyTrip Ltd, India’s largest online travel services firm, said on Wednesday its net revenue for the quarter through June more ......

Naspers-backed Swiggy battles allegations of fudging, deceit

TMT

26 July, 2017

Naspers-backed Swiggy battles allegations of fudging, deceit

A group of four people claiming to be former and current employees of Swiggy.com has accused the food ordering startup ......

Worst not over yet for Indian startups looking for investors

Startups

04 July, 2017

Worst not over yet for Indian startups looking for investors

The monsoon is yet to arrive for Indian startups that have been waiting to see venture capital firms flushed with ......

Naspers ups stake in Flipkart with $71 mn top-up

TMT

27 June, 2017

Naspers ups stake in Flipkart with $71 mn top-up

South African technology conglomerate Naspers has invested an additional $71 million (about Rs 458 crore) in Flipkart, taking its stake ......

Consolidation in food-tech space signifies maturity: Foodpanda's Saurabh Kochhar

TMT

16 June, 2017

Consolidation in food-tech space signifies maturity: Foodpanda's Saurabh Kochhar

Consolidation signifies maturity and progression and may even be a harbinger of profitability, Foodpanda India CEO Saurabh Kochhar told delegates ......

MakeMyTrip Q4 net revenue jumps 65% after ibibo merger

TMT

20 May, 2017

MakeMyTrip Q4 net revenue jumps 65% after ibibo merger

MakeMyTrip Ltd, India’s largest online travel services firm, reported a 64.5% surge in net revenue for the quarter through March ......

Lending startup Paysense bags $5.3 mn from Jungle Ventures, others

TMT

18 May, 2017

Lending startup Paysense bags $5.3 mn from Jungle Ventures, others

Mumbai-based Paysense Services India Pvt. Ltd, which offers personal loans, has raised $5.3 million (Rs 34 crore) in Series A ......

MakeMyTrip raising $330 mn from Naspers, others

TMT

03 May, 2017

MakeMyTrip raising $330 mn from Naspers, others

Nasdaq-listed online travel services provider MakeMyTrip Ltd is raising $330 million (Rs 2,116 crore) from South African technology group Naspers, ......

Does Swiggy really need $50 mn more to fight Foodpanda and Zomato?

TMT

27 March, 2017

Does Swiggy really need $50 mn more to fight Foodpanda and Zomato?

Online food ordering startup Swiggy.com is said to be in talks to raise at least $50 million (around Rs 325 ......

Flipkart suffers yet another valuation markdown

TMT

03 March, 2017

Flipkart suffers yet another valuation markdown

Just when Flipkart Internet Pvt. Ltd was consolidating its position under the new CEO Kalyan Krishnamurthy, a fresh bout of ......