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Alibaba's payment affiliate invests $200 mn in Zomato

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01 February, 2018

Alibaba's payment affiliate invests $200 mn in Zomato

Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is raising $200 million from Chinese e-commerce giant Alibaba's ......

BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others

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01 February, 2018

BigBasket inches closer to unicorn tag after raising $300 mn from Alibaba, others

SuperMarket Grocery Supplies Pvt Ltd, which owns the BigBasket brand, has raised $300 million (around Rs 1,921 crore) in a ......

Budget 2018: Founders of Ola, Snapdeal, MobiKwik and others share their views

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01 February, 2018

Budget 2018: Founders of Ola, Snapdeal, MobiKwik and others share their views

Although the Budget 2018 was a decidedly populist one focused the rural economy, finance minister Arun Jaitley emphasised the importance ......

Alibaba buys stake in payment affiliate Ant Financial as revenue beats forecast

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01 February, 2018

Alibaba buys stake in payment affiliate Ant Financial as revenue beats forecast

Alibaba Group Holding Ltd, China’s biggest e-commerce company, said on Thursday third-quarter revenue rose 56 percent, beating expectations as it ......

Budget 2018: Artificial intelligence, IoT, 3D printing, 5G get a thumbs up

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01 February, 2018

Budget 2018: Artificial intelligence, IoT, 3D printing, 5G get a thumbs up

Niti Aayog, the main policy think tank of the government, will direct the Centre's efforts to research on new technologies ......

Budget 2018: What's in it for startups?

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01 February, 2018

Budget 2018: What's in it for startups?

Union Finance Minister Arun Jaitley made a series of proposals in his Budget for 2018-19 that generated considerable interest within ......

Budget 2018: Jaitley denounces cryptocurrency, welcomes blockchain

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01 February, 2018

Budget 2018: Jaitley denounces cryptocurrency, welcomes blockchain

The Indian government doesn’t consider cryptocurrencies legal tender but will adopt the blockchain technology to encourage the digital economy, finance ......

FabAlley raises venture debt from Trifecta Capital

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01 February, 2018

FabAlley raises venture debt from Trifecta Capital

Noida-based High Street Essentials Pvt Ltd, which owns and operates FabAlley.com, an online women’s fashion brand, has raised Rs 5 ......

IFC may bring $5 mn as part of a larger Series B round in Bizongo

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01 February, 2018

IFC may bring $5 mn as part of a larger Series B round in Bizongo

International Finance Corporation, the private-sector investment arm of the World Bank, has proposed to invest up to $5 million (around ......

Microsoft gets govt nod to bring Indian public sector firms on the cloud

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01 February, 2018

Microsoft gets govt nod to bring Indian public sector firms on the cloud

Tech giant Microsoft has received approval from the Ravi Shankar Prasad-led ministry of electronics and information technology (MeitY) for its ......