Mukesh Ambani's e-commerce venture, taking on Amazon and Flipkart, is arguably the most eagerly awaited developments in the recent history of India's burgeoning online retail market that has already seen Aditya Birla Group, G
AIOVA has been alledging Flipkart's abuse of its dominant position in the e-commerce market favouring select sellers. The hearing in the matter is scheduled for July 30. Against Amazon, the association "will fight separately.
Infosys' former chief executive Vishal Sikka has raised $50 million for its California-based artificial intelligence startup Vian Systems, according to regulatory filings with the US Securities and Exchange Commission.
Online automobile marketplace Droom has said that it has crossed 300k-dealer mark on its platform to become the largest auto dealer community globally. Droom's dealers are now present in 830 cities in India.
Since 2012, only 12 investments have happened in Indian dating startups with the biggest round worth $5.90 million in 2015 in MakeMyTrip co-founder Sachin Bhatia's Truly Madly. It competes with Tinder, Happn, Priyanka Chopra-
Amazon has started offering flight tickets booking on its platform loaded with cashbacks for both -- Prime and non-Prime customers. It has partnered with online travel aggregator Cleartrip for the service that would be offere
Walmart International's operating income came down by 41.7 per cent in Q1 FY20 largely due to "dilution from Flipkart, which was expected, partially offset by the deconsolidation of Brazil," said Walmart's EVP & CFO Brett Big
This Indian fund, which helps pre-series A startups scale to series A and B stage in 12-24 months, has tied up with the Singapore government to allow 15 startups globally get access to the Asian market through a six-month, ze
As per broadband speed test service provider Ookla's last year speed index, India's internet speed was ranked 109th for mobile and 67th for fixed broadband. Earlier this week music streaming service Spotify too launched its l
Strengthening foothold in India's burgeoning digital payments market, after Paytm, which announced its Paytm First credit card on Tuesday, ride-hailing company Ola today launch its own credit card in partnership with the publ
After Ola, which is launching its credit card, Paytm has now jumped into the fray with its credit card -- Paytm First -- to capture the underpenetrated credit market in India. Paytm has tied up with Citi Bank for the service.
Asia-focused venture debt firm InnoVen Capital has raised $200 million in capital commitment from its existing investors Temasek and United Overseas Bank. The firm had backed OYO, Myntra, Yatra, Swiggy, Byju’s, Quikr, Daily
Leveraging the underserved credit-led payments scenario in India serves Ola's intent to offer a wide array of services to its large base of 150 million consumers who use its cabs for their commuting needs, right from bikes t
OYO launches its CSR programme OYO REACH to help its partner hotels with technical and financial assistance for different projects and activities they seek to undertake, for instance, around skill development, sustainable tou
Alibaba is tweaking the business model of its e-commerce business AliExpress to enable small and medium-sized sellers initially from Russia, Turkey, Italy, and Japan to sell globally through its platform.
Toppr was launched in 2013, around two years after Think & Learn (Byju's parent company) was set up. Byju's app was launched in 2015. However, Toppr has somewhat missed the bus if seen from the valuation and fundraising persp
Snapdeal, once a close competitor to Flipkart and Amazon in the battle for e-commerce supremacy, has been growing steadily in its new avatar of Snapdeal 2.0 focusing on its core e-commerce business that it is now eyeing to st
India's biggest unicorn -- Paytm valued reportedly at around $10 billion was ranked at number 10 while WhatsApp, Facebook, SHAREit, Facebook Messenger, Truecaller grabbed the top five spots in terms of monthly active users a
IndiaTech has proposed SEBI to enhance the sunset clause from 5 years, post IPO, to 15 years along with an extension of 5 years, if required. This would allow startup founders to retain control of their businesses for a longe
From just 900 business-to-business (B2B) technology startups India had in 2014, the number has swelled over 3X to 3,200 B2B tech startups in 2018 witnessing 30 per cent compound annual growth between 2014-18.