VCC Startups
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Amazon's India marketplace revenue up 105%; in-house vendor's sales rise 24%
Amazon.com Inc.’s revenue from its India marketplace more than doubled in the year through March 2017, as the online retailer ......
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Kalaari-backed ScoopWhoop scaling down news operations, lays off employees
Online media startup ScoopWhoop is in the middle of restructuring its operations and laying off more than a dozen employees ......
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Bitcoin slips after rapid ascent to $11,000
Bitcoin zoomed past $11,000 (£8,185.5) to hit a record high for the sixth day in a row on Wednesday after ......
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Payments space not hypercompetitive, says PayU India's Jitendra Gupta
The perception that the payments sector in India is hypercompetitive and that one cannot make money in the space is ......
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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% ......
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Flipkart appoints CTO Ravi Garikipati as head of fin-tech
Days after announcing its intentions to sell insurance products, homegrown e-commerce major Flipkart has appointed Ravi Garikipati, its chief technology ......
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B2B logistics startup BlackBuck names former Souq exec Dinesh Ajmera as CTO
Bengaluru-based business-to-business logistics startup BlackBuck, which is run by Zinka Logistics Solutions Pvt. Ltd, has appointed Dinesh Ajmera as chief ......
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UK's Stride Gaming picks up 51% stake in online gaming startup RummyPassion
Haryana-based Passion Gaming Pvt. Ltd, which owns RummyPassion.com, has divested a 51% stake to UK-based Stride Gaming Plc for $3.75 ......
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Former TPG Growth adviser Anjali Bansal joins Delhivery board
Anjali Bansal, former senior adviser and managing director at TPG Growth, the growth equity investment platform of private equity firm ......
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SoftBank may invest $200-250 mn in food delivery platform Swiggy
Japanese telecom and internet conglomerate SoftBank is in discussions to invest around $200-250 million (Rs 1,288-1,610 crore) in homegrown food ......
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