BUSINESS
TiE Mumbai will invest seed capital across 25 startups by March 2019: Atul Nishar
TiE Mumbai currently represents over 2,500 startups in the Greater Mumbai Region. It claims to have connected and mentored over 2,000 entrepreneurs and startups over the last few years
BUSINESS
Startups raise $3.6 billion during H1 2018
Prominent deals during the period included back-to-back funds raised by Bengaluru-based food-tech firm Swiggy.
BUSINESS
Exclusive: Mobikwik in talks to raise $100-150 m, may involve Dubai-based investor Abraaj Group
This funding is going to be crucial for ensuring that Mobikwik sustains the cut-throat competition coming from the heavily-funded rivals in the market.
BUSINESS
Flipkart invests $250 mn in PhonePe, out of $500 mn it has promised: Rahul Chari
PhonePe has managed to establish itself as a 360 degree payments service provider, instead of restricting itself to being a payments facilitator for Flipkart.
BUSINESS
Rivigo may offer warehousing solution to its customers soon
Rivigo, which earlier this year closed a $50 million funding round from two of its existing investors, runs a relay model of trucking with the help of technology.
BUSINESS
Exclusive: Oyo gives up brand name for corporate properties, to use Capital O, Edition O instead
The idea is to disassociate these properties with the Oyo brand name, which is primarily recognised as a budget accommodation provider
BUSINESS
Exclusive: Myntra's SVP and former COO of Jabong, Muralikrishnan B, exits the firm
He was hired by Jabong as its chief operating officer (COO) and redesignated as the SVP of Myntra in January, as per his Linkedin profile
BUSINESS
With Uber Lite, India gets utmost importance from San Francisco-based ride-hailing app
Uber will soon be expanding this product to other markets.
BUSINESS
Walmart-Flipkart saga: SoftBank yet to decide its exit timeline, taxman says their decision crucial
According to an official in the Income Tax department, the overall tax liability pertaining to this deal will depend on the timeline of SoftBank’s exit from Flipkart
BUSINESS
We want to become a full-stack financial services firm: Mobikwik's Upasana Taku
In an interaction with Moneycontrol, Taku, co-founder of Mobikwik, fields all questions about the company's future plans
BUSINESS
More exits at Zomato: Now, CBO Mukund Kulashekaran leaves the firm
This comes barely two months after his promotion and the exit of Zomato co-founder Pankaj Chaddah in March
BUSINESS
Sellers on Jabong, Myntra & Flipkart complain of delayed/partial payments
Some sellers on Flipkart took to Facebook to complain that they have received partial payments
BUSINESS
From farms to homes: Inside online grocery startup BigBasket's warehouse
India's fast-growing young population is opting for online shopping, not just for clothes but also food items, giving online retailers a huge market to tap
BUSINESS
In conversation with Danny Wettreich, CEO of Greenbank Capital
Danny Wettreich of Greenback Capital gives his views about sectors worth investing in and how much money his firm wants to invest in Indian markets.
BUSINESS
E-scooter wars: Twenty Two Motors to launch smart e-scooter for Rs 60K in February
It's nearest rival - Flipkart founders and Hero MotoCorp-backed Ather Energy also plans to launch its e-scooter for over Rs 1 lakh in 2018.
BUSINESS
Predictions for food-tech in 2018 by Chaayos co-founder Raghav Verma
In an interaction with Moneycontrol, Raghav Verma talks about the company's expansion plans across the country.
BUSINESS
Mumbai protests: Stranded passenger slams Uber for asking driver to end ride midway
The aggrieved passenger - Samarpita Banerjee - was stuck in an Uber for over 1.5 hours on Mumbai roads due to the ongoing protests in the city.
BUSINESS
Unbox 2018: Snapdeal's marketing VP quits to join a consulting firm
Kalra's exit comes at a time when Snapdeal is trying to get back on its feet in the market after facing a turbulent year.
BUSINESS
We're not building Shopclues for a sell-off: Cofounder Radhika Agarwal
Shopclues expects an exciting year ahead as it plans to launch smartphones. Cofounder Radhika Agarwal spells out the company's strategy for 2017.
BUSINESS
Behind The Scenes: A day in the life of an Ola taxi driver in Delhi
Read about the challenges drivers face every day, including abusive passengers, pollution, traffic and a fear of getting mugged, as Moneycontrol spends a day tracking a cab driver and learning about his journey.
BUSINESS
Rejig at Jabong: E-tailer ships out several CXOs as it merges support functions with Myntra
Several top leaders are either exiting the company or being re-designated within the Flipkart Group. Myntra acquired Jabong in a discount deal for $70 million last year
BUSINESS
Hungry Kya? Ola may race again with Uber Eats to deliver that pizza at your doorstep
Ola had earlier shut down its food delivery venture Ola Cafe after it faced stiff competition from other food delivery companies such as Swiggy, Tinyowl, and Zomato
BUSINESS
Diwali Sales: Amazon claims top spot in terms of product selection & traffic
US-based e-commerce firm Amazon claims to be the market leader in India dismissing industry reports
BUSINESS
Amazon attacks RedSeer, calls its Etailing Index 'poorly informed'
Redseer this week ranked home-grown e-commerce firm Flipkart over global rival Amazon as the most trusted brand in online retail in India.
