March 04, 2021 04:31 PM IST
San Francisco-based investment firm Think Investments and existing investors such as Integra Partners, Insignia Ventures and AJ Capital are participating in the funding round.
- March 04, 2021 01:01 PM IST
Sequoia Capital and sovereign wealth fund GIC are the investors buying back the ESOPs that will benefit 750 current and former employees.
- March 04, 2021 12:19 PM IST
The All India Consumer Products Distributors Federation and Public Response Against Helplessness and Action for Redressal, in an open letter, have said more than 6,000 vendors and suppliers have Rs 6,000 crore worth of dues pending with the Future Group.
- March 03, 2021 02:33 PM IST
Bringing its products on the mainstream platforms, the company has witnessed 300 percent growth in sales since March 2020, and is currently reporting over 40 percent MoM increase
- March 03, 2021 10:57 AM IST
Infra.Market ties up with contract manufacturers, gets them to utilize idle capacity and manufacture products under its own brand, which it then sells to large infrastructure companies and retail outlets. It is this distinctive template that has led it to be valued at a billion dollars, barely 20 months after its first funding round
- March 02, 2021 11:12 PM IST
The issue dates back to May 2018 when MakeMyTrip had filed a case against lesser known rival HappyEasyGo for infringing intellectual property rights.
- March 02, 2021 10:18 PM IST
Instacart currently works with some 600 national, regional and local retailers representing 45,000 stores across North American reaching more than 85 percent of US households and 70 percent of Canadians.
- March 02, 2021 07:09 PM IST
Paytm is yet to put out a breakup of its numbers for February, so it’s hard to tell who really was No. 1 last month with both claiming to have recorded over a billion transactions.
- March 02, 2021 03:03 PM IST
This fundraise will help them launch in the Middle East and expand globally in the near future, according to a statement by the company.
- March 02, 2021 02:04 PM IST
Flipkart’s grocery services are available across cities like Kolkata, Pune and Ahmedabad.
- March 01, 2021 07:25 PM IST
Nearly 150 employees of hospitality startup Oyo have been absorbed by KPMG, as part of a deal won by the consulting firm last year, to deliver finance shared services for the SoftBank-backed unicorn.
- March 01, 2021 02:36 PM IST
Toppr was growing, but not quickly enough; it had revenues but they were not large enough. And it has never been profitable. Given this it had to either keep raising money or get taken over. This is the story of how Toppr was gobbled up by Byju’s, pieced together by weaving disparate strands from investors, competitors, people inside the two companies, and others.
- February 27, 2021 04:39 PM IST
North Delhi Mayor Jai Prakash said the aim of the competition was to encourage startups and innovators to present interesting solutions to these everyday civic issues
- February 27, 2021 02:32 PM IST
Semi-cooked foods, personal loans and ed-tech were among other sectors that saw funding activity
- February 26, 2021 08:39 PM IST
The submission was made during the hearing of the challenge to the CCI order which sought an investigation into alleged anti-competitive practices by Amazon and Flipkart last year.
- February 26, 2021 03:04 PM IST
Speaking at a webinar on Budget announcements on Financial Services, Modi said to help medium and small businesses during the COVID pandemic, 90 lakh Micro, Small and Medium Enterprises (MSMEs) were given credit worth Rs 2.4 trillion.
- February 25, 2021 08:58 PM IST
Zomato has also identified the impact of fuel price increase in case of long-distance orders since delivery partners are required to return to their base-working localities to get another order assigned.
- February 25, 2021 05:45 PM IST
Maninder Gulati joined Oyo when it was two and founder Ritesh Agarwal 19. Hiring, strategising and acquisition—he has done it all at Oyo that has grown into a global brand. Last few years have been rough but chief strategy officer Gulati is convinced that Oyo is the place to be.
- February 25, 2021 02:11 PM IST
Its other investors including Accel Partners, Nexus Venture Partners and Sistema Asia Fund invested as well.
- February 24, 2021 09:21 PM IST
The deal also makes Innovaccer India’s fifth SaaS unicorn after Freshworks, Druva, Icertis, Postman, and most recently, Zenoti.
- February 24, 2021 03:43 PM IST
CJo-founder of Delhivery Sahil Barua said the home-grown logistic firm built infrastructure, released systems, hired people, increased wages and built safety systems, all during the 4-5 months when the COVID-19 pandemic was at its peak.
- February 24, 2021 02:07 PM IST
The e-tailer has already started deploying 2 and 3-wheeler electric vehicles in multiple locations for delivery across the country, including in Delhi, Bengaluru, Hyderabad, Kolkata, Guwahati and Pune.
- February 24, 2021 01:41 PM IST
They hold much promise and are profitable, but enterprise startups tend to remain out of the spotlight, unlike their better-known consumer internet counterparts such as Flipkart, Uber and Swiggy. Moneycontrol decodes what SaaS companies do, why they are different, and what all the hype is about.
- February 23, 2021 04:46 PM IST
This move marks Fisdom’s entry into tax solutions segment, as part of the company’s plan to offer financial services for its customers and partners.
- February 23, 2021 01:18 PM IST
Patna-born entrepreneur Dheeraj Kumar returned to his hometown, leaving behind his restaurant The Fish & Chips Room in Dubai, to set up Cart Club. Here's why