BUSINESS
Oyo launches self sign-up service for hotels
The self sign-up service aims to cut the time required for hotels to onboard on Oyo portal to 30 minutes from around 15 days under the current process.
BUSINESS
EXCLUSIVE | Dream11 invests in Khelomore, cricketer Jatin Paranjape's startup
Dream11's investment in Khelomore is expected to be around $4-$6 million.
BUSINESS
IPO-bound Paytm to create new company for payments business
Paytm is targeting an initial public offering of Rs 16,600 crore. If successful, Paytm's IPO will be India's biggest public issue so far.
BUSINESS
Hrithik Roshan, Katrina Kaif ads | Amid criticism, Zomato says ads well-intentioned, misinterpreted by people
The ads sparked outrage online as users pointed out that Zomato seems to be masking over real issues with this ode to its delivery agents.
BUSINESS
Exclusive | IPO-bound Oyo to launch self sign-up service for hotels
Oyo’s new initiative will help hotels sign up for the platform in 30 minutes, which is expected to help reverse the sharp fall in the number of properties on the platform because of the pandemic
BUSINESS
Quick deliveries won't happen at the cost of safety: Grofer's Albinder Dhindsa
Last month, Grofers claimed it made 7,000, 15-minute deliveries in a single day.
BUSINESS
We are empathetic towards delivery partners, will only play in 19-20 min timeline even if we seem slower to people: Dunzo’s Kabeer Biswas
Founder Kabeer Biswas says Dunzo prefers to be empathetic towards its delivery partners and will continue with its 19-20 minute timeline
BUSINESS
Dunzo to add 300 micro-fulfilment centres to deliver grocery in under 19 minutes
The company recently launched Dunzo Daily that promises to deliver groceries in under 19 minutes
BUSINESS
Meesho files criminal complaints against fraudulent users
According to its blog published earlier this month, it had received complaints of unconsented orders reaching customers.
BUSINESS
India has its own rules and they have to be followed: Walmart CEO Doug McMillon
"India is a very dynamic environment—rules are changing, customers are changing, McMillon has said
BUSINESS
Exclusive: Byju's in talks to raise $500 million via Term Loan B
Term Loan B or TLB refers to a tranche of senior secured syndicated credit facility from global institutional investors. Conventionally, TLB proceeds are used either to refinance the existing debts by a company or to make overseas acquisitions with an aim to enhance their offerings.
BUSINESS
Tinder co-founders invest in India's Hike
Hike was given the unicorn tag in 2016 after Chinese internet giant Tencent led a $175 million round.
BUSINESS
Paytm, HDFC Bank to launch financial products ahead of IPO
Paytm is looking to launch a Rs 16,600 crore IPO by October.
BUSINESS
OYO raises $5 million from Microsoft at $9.6 billion valuations
The development comes at a time when the company is massively increasing its tech focus.
BUSINESS
OYO to hire 300 tech talent over the next six months
OYO has already begun onboarding over 50 mid-level tech talent and around 150 campus recruits from top universities across India.
BUSINESS
Exclusive | When you grow, you have friends, frenemies, and enemies. The truth is I am a shopkeeper's best friend: BharatPe's Ashneer Grover
In the last of this two-part interview with Moneycontrol, Ashneer Grover, co-founder and managing director, BharatPe, talks about small businesses and lending during COVID times. He also reacts to the company's alleged one-man show culture.
BUSINESS
EXCLUSIVE: Every fintech will have to do lending to make money in India: BharatPe's Ashneer Grover
In the first of this two-part exclusive interaction with Moneycontrol, Ashneer Grover, co-founder and managing director, BharatPe, talks about the future of lending, new consumer lending product PostPe, and much more. He believes the rate at which UPI transactions are growing, those doing cards business are headed for trouble.
BUSINESS
BharatPe raises Rs 200 crore in debt from IIFL, Northern Arc
The finetch startup has set a target to raise $700 million in debt over the next two years to facilitate this credit growth, Chief Executive Officer Suhail Sameer has said
BUSINESS
Flipkart continues to grow; Walmart to prioritise Big Billion Days sales
Last year Flipkart claimed that half of its new customers came from Tier III and plus cities on Day 1 of its Big Billion Days sale
BUSINESS
Grofers launches 10-minute grocery delivery in 10 cities
"Today, we launched our 10th city with the promise to deliver groceries within minutes to your doorstep," the company said.
BUSINESS
MyGlamm acquires BabyChakra, to invest Rs 100 crore in expansion
Currently, MyGlamm has around 800 SKUs across makeup, skincare, personal care.
BUSINESS
Grofers joins the unicorn club with fresh funds from Zomato
Grofers has moved into the express delivery segment targeting quick commerce consumers.
BUSINESS
Express grocery delivery: How far will it go this time?
Better supply chains, smarter hubs located closer to customers and the use of deep tech to understand consumer preferences better are helping grocery companies with ultrafast deliveries.
BUSINESS
E-commerce sector may soon get an independent regulator, much like Sebi
The aim of the regulator will be to ensure level playing field and see to it that the sector remains competitive and new entrants are not restricted.
