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Walmart in talks to buy minority stake in Flipkart: Report

TMT

31 January, 2018

Walmart in talks to buy minority stake in Flipkart: Report

US-based offline and online retailer Walmart Stores Inc. is in advanced stages of talks to buy a significant minority stake ......

Will keep growing at 50-100% annually: Freshworks' Girish Mathrubootham

TMT

29 January, 2018

Will keep growing at 50-100% annually: Freshworks' Girish Mathrubootham

Within eight years of its launch, Chennai-headquartered Freshdesk has gone from offering a single product to challenging the giants of ......

CarTrade to acquire Shriram Automall for $24.5 mn

TMT

24 January, 2018

CarTrade to acquire Shriram Automall for $24.5 mn

MXC Solutions India Pvt. Ltd, the operator of CarTrade.com and Carwale.com websites, has agreed to buy Shriram Group’s unit that ......

Is profitability on the horizon for tea startups Chai Point and Chaayos?

TMT

22 January, 2018

Is profitability on the horizon for tea startups Chai Point and Chaayos?

India produces more than a billion kilograms of tea every year and Indians are equally enthusiastic about consuming the beverage. ......

Quikr turnover rises but it's still India's second-smallest unicorn by revenues

TMT

19 January, 2018

Quikr turnover rises but it's still India's second-smallest unicorn by revenues

Bengaluru-headquartered online classifieds platform Quikr India Pvt. Ltd posted a 55% rise in turnover for the financial year 2016-17, according ......

Former Maersk executive, ex-PwC India head join Delhivery's board

People

18 January, 2018

Former Maersk executive, ex-PwC India head join Delhivery's board

E-commerce logistics firm Delhivery Pvt. Ltd has appointed Hanne Birgitte Sorensen and Deepak Kapoor - former executives of Maersk and ......

Razorpay raises $20 mn in Series B round from Tiger Global, others

TMT

15 January, 2018

Razorpay raises $20 mn in Series B round from Tiger Global, others

Bengaluru-based online payment gateway startup Razorpay Software Pvt. Ltd has raised $20 million (Rs 127 crore) in its Series B ......

Indian billionaires weigh desi startup fund to take on foreign investors

TMT

03 January, 2018

Indian billionaires weigh desi startup fund to take on foreign investors

A handful of Indian billionaires who actively invest in early-stage ventures are exploring the possibility of floating a multi-billion-dollar domestic ......

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NSE investors plan off-market share sales on IPO delay

Finance

28 December, 2017

NSE investors plan off-market share sales on IPO delay

Many shareholders of the National Stock Exchange (NSE) that had planned to offload their stakes in India’s largest equity bourse ......

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Flashback 2017: Top private equity exits of the year

Finance

28 December, 2017

Flashback 2017: Top private equity exits of the year

Private equity firms had another mega year in terms of exits, thanks to some blockbuster deals as the year drew ......