The company was running bike taxis in the city which was reportedly illegal given the lack of a policy framework.
ecxx.com will become the first digital asset exchange in Asia to use the Ledger Vault solution.
Abishek Surendran of pi Ventures will join the FrontdeskAI board that already includes BluePointe Ventures managing partner, Sandeep Sardana, and Speciale Invest managing partner, Vishesh Rajaram.
The idea is to offer the small sellers a fixed amount for specific set of products and then push the same products on Amazon under the banner of Cloudtail.
Sakshi Batra gets in conversation with Moneycontrol's Priyanka Sahay to find out the specificities of the deal.
The national draft e-commerce policy brings over-the-top streaming services under the e-commerce arena. As the inventory-led model is barred for foreign-funded e-commerce firms, these OTTs won’t be able to stream original content – the key to their success.
The companies will be creating solutions to operate and manage fleet vehicles and the partnership will also offer Ola drivers various financial services, including lease and instalment payments
In an interaction with Moneycontrol, Robin Raina, Chairman of the company, talks about what Ebix plans to do with Yatra if the deal fructifies and road ahead for his organisation.
Dhawan, along with her husband Rupak Jain and an administration resource Devender Kumar, were arrested for allegedly being part of an extortion bid against Sharma in October.
To make its ‘search image’ feature work, WhatsApp will use Google’s reverse image search which itself is facing challenges.
However, It may be a while before startups will be able to take advantage of the new benefits.
Ola is drawing inspiration from China’s cab-hailing company, Didi Chuxing Technology, which entered into a similar agreement with Volkswagen AG.
Binny Bansal also participated in the funding round.
In an interaction with Moneycontrol, Oyo founder Ritesh Agarwal spoke about the rationale behind raising money from Softbank-backed companies as well as Oyo’s expansion plans.
According to the report, close to 21 lakh jobs will be created in the next one year led by delivery personnel and drivers accounting for close to 14 lakh. This is followed by security personnel and facility staff at 3.5 lakh and 2.5 lakh respectively.
YouTube Music starts journey in a market where less than 1 percent pay to listen to music. Besides, it will have to fight a dozen streaming apps who offer both free (with advertisements) and premium services.
The Ebix chairman and CEO has caused a stir by announcing a proposal to acquire Nasdaq-listed Yatra.com for $336 million. The 51-year-old business tycoon is also a philanthropist, socialite and fitness enthusiast.
Facebook Hubs will extend support for startup community by hosting mentor hours and conducting trainings, workshops, discussions across 20 locations.
"The money will go in capex, technology and leadership," Aditya Ghosh, CEO India and South Asia of Oyo said.
Ebix has given Yatra a week's time to begin due diligence.
The firm recently tied up with CP Developers and is working on Asia's largest A grade co-living project in India, with 1400 people living in a community environment, in the heart of Bengaluru's Whitefield.
The investment, which is Krishnamurthy’s first individual backing of a company in the B2B e-commerce space, follows a Series-C funding round where Moglix raised $23 million in December.
Since ARMMAN’s first program took off in Sion Hospital in 2013, their services have reached out to almost 2 million women and children.
Yournest will keep around $22-25 million of the second fund for investing in startups, the rest will be used for follow up rounds.
DPIIT met stakeholders on March 8 to discuss issues related to the draft e-commerce policy.