BUSINESS
Setting Sail podcast | The question is not if, but when will India become a $10 trillion economy: 3one4 Capital's Pranav Pai
Pai talks about how the past few months have been for VCs and his experience with Mitron's sudden growth after India's TikTok ban.
BUSINESS
E-commerce companies likely to touch $7 billion in GMV this festive sale month: Redseer
The growth will be driven by COVID-19 driven massive adoption of online buying led by customers in smaller towns.
BUSINESS
Exclusive | UK-based Compass Group's India unit in talks to acquire food-tech firm SmartQ
The coronavirus outbreak has derailed the expansion plans of companies like SmartQ that offer digital cafeteria services to corporates.
BUSINESS
Exclusive | Dream11’s parent in advanced talks to acquire gaming startup SoStronk
Flush with funding from a bevy of marquee investors, Dream Sports is planning an acquisition spree and is said to be in talks to acquire at least 4-5 other gaming and technology startups
BUSINESS
Drive-in, not dine-in, on restaurants' menu in times of social distancing
Popular restaurants, upmarket café chains embrace drive-throughs, takeaways to revive their coronavirus-battered business
BUSINESS
Reliance-Silver Lake Deal: Here's all you want to know about Reliance Retail
Silver Lake Partners is investing Rs 7,500 crore in Reliance Retail in exchange for a 1.75 percent stake.
BUSINESS
Work from home | Bad posture, long hours? Get that ergonomic chair and bill it to office
Chairs, power banks, headphones, laptop stands and monitors are among the things firms are picking up the tab for as they enable staff to set up a basic office at home.
STARTUP
As VCs stay away, angels come to the rescue of growth-stage startups
With venture capital firms hoarding funds for their portfolio companies because of the Covid pandemic, angel investors are moving in and writing bolder cheques in these late-stage startups
BUSINESS
Why Flipkart acquired Walmart India and other key questions answered
With overlapping resources such as warehouses, supply chain and manpower it only made sense for Walmart to ensure the consolidation of its two entities
BUSINESS
After Amazon, Flipkart asks sellers to display country of origin of products
Unlike Amazon, which has mandated sellers to do this from August 8, Flipkart has not mentioned any deadline
BUSINESS
SoftBank-backed Oyo faces fresh bout of complaints from hoteliers
Hotel owners have accused the startup of failing to honour contracts, withholding payments and breach of trust.
BUSINESS
Amazon makes 'country of origin' display must for sellers
Sellers can be removed from the site if they don’t comply with the order by August 10.
BUSINESS
RIL AGM 2020: Nearly half of Google's India Digitisation Fund to go into Jio
Internet giant to pick up 7.7 percent stake in Jio Platforms for $4.5 billion.
BUSINESS
India’s TikTok clone Chingari in talks to raise $10 million
The homegrown video making app, which claims to have 22 million downloads, has seen unprecedented growth following the ban of Chinese app TikTok in India and the anti-China sentiment in the country.
BUSINESS
Interview: Traffic is back to pre-COVID level, orders will catch up shortly, says Limeroad co-founder Suchi Mukherjee
The fashion portal’s chief executive talks about the challenges faced by the company during the lockdown period and how it is trying to address seller concerns.
BUSINESS
Oyo offers employees deeply discounted ESOPs
The company, which claims it has $1 billion in its war chest, has also decided to offer its technology team increments and promotions.
BUSINESS
'Country of origin' of products: Govt to meet e-tailers again on July 8
E-commerce companies had sought time to make necessary technological changes to display origin of products available for sale.
BUSINESS
Interview: Survam Partners will never invest in businesses that deal with alcohol, says Hero Group scion Akshay Munjal
Son of Suman Kant Munjal, Brijmohan Lall Munjal's second son, talks about the investment strategy and values of his family office fund, Survam Capital.
TRENDS
59 Chinese apps banned | Never compromised on security; provided employment to Indians: Club Factory
The Ministry of Information Technology, on June 29, banned 59 mobile apps citing national security, saying they are engaged in activities which are "prejudicial to the sovereignty and integrity of India, defence of India, security of state and public order.
BUSINESS
59 Chinese apps banned: Homegrown startups like Mitron and Chingari to benefit from TikTok ban
The announcement comes at a time when these apps were already riding high given the anti-China sentiments following border standoffs and the novel coronavirus outbreak
BUSINESS
'Country of origin' of products: e-tailers agree in principle, seek time to make tech changes
The move comes at a time when anti-China sentiment runs high in the country after 20 Indian soldiers were killed in a clash with Chinese troops in Ladakh’s Galwan Valley along the Line of Actual Control
BUSINESS
Not just firing, Indian startups are hiring too
With long-term goals on mind, companies are looking for specialists to build technology, products and analyse data.
BUSINESS
Govt wants ‘origin of product’ displayed, calls Amazon, Flipkart others for meeting
The government has already mandated its online marketplace, GeM, to enter the country of origin while registering new products.
BUSINESS
Exclusive | Zomato parts ways with company it roped in to deliver food through drones
Online food delivery company Zomato ends arrangement with TechEagle; says it will still go ahead with drone plans
