The decision was taken after Ola failed to come up with a satisfactory response over the transport department's probe into its bike taxis in Bengaluru. The department had seized several bikes earlier this year. On the other hand, Ola claimed that it had h
If the Ebix-Yatra deal goes through, it would mark one of the biggest consolidation in India’s online travel market after more than two years since market leader MakeMyTrip acquired competitor GoIbi
Former Alibaba director Eddie Deng and data science executive at Club Factory and Google Chi Xue's fashion startup Mayfair has raised funding from tier one investors in India and China -- Nexus Ventur
Backing OYO would give Airbnb a significant access in the affordable hotel segment in India (where OYO claimed to be the seventh largest chain of hotels) and China.
Out of 127 startups that had applied for angel tax exemption through Form-2, 92 startups have received an acknowledgment email from the CBDT that their forms have been accepted by DPIIT.
Lyft is seeking to raise as much as $2.1 billion in its initial public offering, valuing the firm at up to $18.5 billion. The No. 2 US ride-hailing giant is offering 30.8 million shares at $62 to $68
SoftBank's Founder and CEO said that there is a lot inbound interest from investors for a new fund but it is "too early," even as $70 billion has already been invested from the $100-billion Vision Fun
The latest infusion is the third subsequent credit extension by Amazon Internet Services since 2017. The company had extended Rs 820 crore and Rs 370 crore in loan in 2017 and 2018 respectively.
Branch offers customers personal loans ranging from Rs 500 to Rs 50,000 through its Android app and is one of the first recipients of the Reserve Bank of India’s (RBI) mobile-only non-banking financ
While Google Hotels might eat into the share of hotel comparison and aggregation portals such as Ixigo, Trivago, Skyscanner but for marketplaces such as OYO, MakeMyTrip, and Yatra it would continue to
The new funds from Brazil, UAE, Singapore, and Canada are looking at investments up to Series A level unlike more established VCs who are backing advanced startups and thus more capital is getting pou
WeWork has scaled to 21 locations across Mumbai, Gurugram, and Bengaluru in just around 18 months since its launch in India vis-a-vis 12 locations in six cities where Innov8, now acquired by OYO, has
Venture capital firm Accel Partners will allocate capital to three new funds called Accel XIV LP, Accel Leaders Fund II LP, and Accel Growth Fund V LP. The firm had recently exited hotel booking platf
Globally 401 start-ups from 18 countries had participated in Open Innovation Contest this year to put their best of qualities to test and pitch before NTT and other Japanese companies.
In leadership roles, women are bringing about positive changes in the hospitality landscape - encouraging more inclusive and diverse working culture, attracting more women talent, understanding the se
AgroStar is planning to expand its digital presence in India to digitize farms on the back of smartphone penetration in rural areas and data becoming more affordable
The reason why Flipkart and Amazon are not part of the council is because they are subsidiaries of other companies while they are free to join the council anytime, said Fynd’s Co-founder Harsh Shah
The job creation is expected on the back of migration beginning to happen from traditional blue-collar jobs such as IFM, security etc., to gig-based jobs as a result of increased flexibility, higher s
Logistics startup Blackbuck is now valued at $862 million in the latest fundraising led by Goldman Sachs and Facebook co-founder Eduardo Saverin's fund B Capital.
The annual turnover limit for the start-up status has been raised four times to Rs 100 crore to extend benefits meant for start-ups to a much larger number of companies.
Gray Matters Capital is part of the unique club of venture capital investors in India having in-house startup accelerators including Sequoia Capital India, Blume Ventures, and Axilor Ventures. Sequoia
