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Fund Scan: Nexus Venture hedges with US bets as big India exit still elusive

Finance

30 October, 2017

Fund Scan: Nexus Venture hedges with US bets as big India exit still elusive

For almost six months this year, India’s consumer Internet and startup sector had been abuzz with talk involving a proposed ......

VCC Startups weekly wrap: Oyo-Zo merger dissolves; Snapdeal's legal woes escalate

TMT

28 October, 2017

VCC Startups weekly wrap: Oyo-Zo merger dissolves; Snapdeal's legal woes escalate

The supposed acquisition of Zo Rooms by online budget hotel aggregator OYO has come undone, according to a statement issued ......

Snapdeal's CTO Rajiv Mangla quits

TMT

28 October, 2017

Snapdeal's CTO Rajiv Mangla quits

Rajiv Mangla, the chief technology officer of online retailer Snapdeal, has resigned from the firm, a company spokesperson confirmed on ......

Amazon India chief terms rival's GMV valuation as vanity metric

TMT

27 October, 2017

Amazon India chief terms rival's GMV valuation as vanity metric

Refuting the findings of some research reports that declared Flipkart the market leader based on gross merchandise value figures during ......

GoJavas promoter Anand Rai files criminal complaint against Snapdeal founders

TMT

26 October, 2017

GoJavas promoter Anand Rai files criminal complaint against Snapdeal founders

Anand Rai, the promoter of QuickDel Logistics Pvt. Ltd, has filed a criminal case with the Economic Offences Wing against ......

SoftBank Group joins ecommerce lobby group Indiatech

TMT

26 October, 2017

SoftBank Group joins ecommerce lobby group Indiatech

Japanese internet and telecom giant SoftBank Group has joined the Indian industry body Indiatech.org that aims to represent local ventures ......

Festive roundup: Flipkart, Amazon claim top slot; Snapdeal says in green zone

TMT

26 October, 2017

Festive roundup: Flipkart, Amazon claim top slot; Snapdeal says in green zone

By any estimate, 2017 recorded India’s biggest online festive season sales by a fair margin. While RedSeer Consulting put the ......

Paytm Mall to take legal action against Unicommerce, says COO Amit Sinha

TMT

24 October, 2017

Paytm Mall to take legal action against Unicommerce, says COO Amit Sinha

Paytm ECommerce Pvt. Ltd, operator of online marketplace Paytm Mall, will take legal action against Unicommerce eSolutions Pvt. Ltd for ......

Snapdeal's CFO and general counsel Anup Vikal quits

People

17 October, 2017

Snapdeal's CFO and general counsel Anup Vikal quits

Anup Vikal, chief financial officer of online retailer Snapdeal and general counsel of its parent firm Jasper Infotech Pvt. Ltd, has ......

VCC Startups weekly wrap: Ola raises $1.1 bn; Flipkart puts money into PhonePe, eKart

TMT

14 October, 2017

VCC Startups weekly wrap: Ola raises $1.1 bn; Flipkart puts money into PhonePe, eKart

Cab-hailing firm Ola finally announced its much-speculated mega fundraising round this week. But it also found itself on the defensive ......