Naspers
TMT
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 ......
TMT
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 ......
Startups
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 ......
TMT
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 ......
TMT
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 ......
TMT
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 ......
TMT
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 ......
TMT
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, ......
TMT
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 ......
TMT
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 ......