Prabhu Mallikarjunan
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Ola share valued at $41,577, firm at $4.2 bn in US SEC filing
Home-grown cab aggregator Ola is now valued at $4.2 billion going by a filing with the US Securities and Exchange Commission on July 28 by Vanguard Group .
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Wary of Uber, Ola eyes fresh funding round in $500 mn range
Ola, the home grown taxi aggregator, is in the final stages of raising a fresh round of funding in the $500 million range as it refurbishes its war chest…
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After deal with China’s Didi, Uber set to target Ola in India
After China fall, Uber may now look to free up all possible resources for a harder fight with Ola in India.
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Angel funding for startups in India gets boost; rises to Rs 113.7 cr; Delhi-NCR preferred location
Earlier, Indian companies were building products that were accessible only in the global market. But now, companies are creating products that cater to both Indian and global markets
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Bengaluru-based startup BlackBuck looks to disrupt B2B logistics market
Apart from the regular GPS-enabled freight management, it offers features such as track and trace, truck mapping, verifications of trucks
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Amazon India gains big in Appwars as Flipkart, Snapdeal bleed
If Amazon India is adding customers at the rate of a million a month, Flipkart’s losing them even faster.
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Rajnikanth’s Kabali set to achieve several firsts
Kabali’s trailer has been watched by over 25 million viewers already
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Startups in India: How incubators can help
Young startup founders are not that experienced. Their businesses too demand a certain depth of expertise in areas like technology, marketing and creating value proposition. Here, incubators can assist them in their initial phase of development
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E-commerce in India: Winner will get 85% markets share, says Seedfund’s Mahesh Murthy
Mahesh Murthy, co-founder of Seedfund, the early stage investment fund, which has over Rs 400 crore worth of assets under management…
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Ola violates surge pricing rules in Bengaluru; Karnataka govt cracks whip
Karnataka’s transport department has sought to revoke the licence it issued to cab aggregator Ola after it found the company guilty of violating the Karnataka On Demand Transportation Technology Aggregator Rules, 2016, reports Prabhu Mallikarjunan in Bengaluru.
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Online lingerie retailer Zivame may open 50 offline stores by March ’17
Backed by marquee investors like IDG Ventures and Kalaari Capital, it had raised Rs 250 crore in July 2015 from Zodius Technology Fund, Khazanah Nasional Berhad and others.
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How healthcare tech start-ups will secure your future
According to a report by research firm Tracxn, until April, a total of $27 million has been invested in India in 2016, through 28 deals
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E-commerce in India: Alibaba Rakuten eyes foray
The e-retailer, which recorded a global transaction volume of about $1.1 trn in 2015, may reach India by Sept
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Flipkart has changed; but will people still buy?
With Amazon India sn’app’ing at its heels, market leader Flipkart is in course correction ‘mode. From reshuffling roles of key people to trimming costs, re-working vendor commissions and reviving desktop websites, CEO Binny Bansal, who took over from Sachin Bansal in January, is trying to fix just about everything.
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Ola cabs throws revenue challenge to Uber; check out how
Taxi and autorickshaw aggregator Ola has reported a turnover of Rs 380 crore for 2014-15, a sevenfold increase over the previous year when it had closed with Rs 51 crore.
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Why Geospatial Bill is draconian and how it will hurt startups
Last week, the Indian government rejected Google’s plans to map Indian cities, tourist spots and mountain ranges, using the 360-degree panoramic Google Street View feature.
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After used car sales, Droom set to drive into new vehicle segment; eyes foreign markets
Droom, the online marketplace for used automobiles started by Shopclues founder Sandeep Aggarwal, is set to launch new vehicle category by September this year.
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Fashalot looks to bridge online-offline shopping gap
Fashalot, a fashion store discovery platform with little more than one year in operation, is now looking at raising fresh funds to drive its expansion plans
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Every single sector is extremely inefficient right now: Alok Goel
Alok Goel, managing director, SAIF Partners, who is on the board of start-ups like Little, Toppr and Walnut, speaks to FE’s Prabhu Mallikarjunan about the slowdown in funding and the opportunities in the start-up space.
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Flipkart’s ‘Big Shopping Days’ sale sees slow start. Will banning of discounts by DIPP hurt?
Flipkart is running a three-day ‘Big Shopping Days’ sale which seem to have taken off without much ado.
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Fintech revolution in India: Tech-finance collaboration has fired up entrepreneurs
The growing collaboration between technology and finance has fired the imagination of entrepreneurs to come up with innovative solutions, thereby expanding the scope of India’s tech startups, reports Prabhu Mallikarjunan
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Uber shuts down two-wheeler taxi service in Bengaluru
After the Karnataka government cracked down on bike taxis associated with ride-hailing services, Uber Technologies, which continued to operate UberMoto service violating rules over the last two months, has finally shut it down on Wednesday.
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Rough ride for Ola, Uber drivers: Earnings fall 70% on lower incentives & stiff competition
A change in the incentive plan and hard-nosed competition among cabs have resulted in a rougher ride for Ola and Uber drivers.
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Amazon plans for India spell big, be it staff or space
E-commerce giant Amazon’s Indian arm is on an expansion spree in Bengaluru
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Why education-tech startups will make a mark this season
India saw a new high of over 50 ed-tech deals in 2015, with the volume of deals up 315% from 2011. In 2016 it has witnessed 18 deals already, says CB Insights study
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Ola+Uber+Meru+Taxi For Sure in one app? Here’s what cab aggregator Cabto is doing
Cabto aggregates major cab providers’ data and filters cabs with estimated time of arrival and pricing, helping consumers to make an informed decision
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Eyeing ecommerce cash cow: On CAG prod, Kerala to move on e-traders
VJ Gopakumar, deputy commissioner, office of the commissioner of commercial taxes said, “Flipkart, Myntra, Amazon, Snapdeal, Jabong and a couple of others have applied for registration.
