HEM securities have come out with the research report on Laxmi Cotspin
It’s a transaction in India’s recent e-commerce history that has perplexed everyone. Moneycontrol talks to the once courier boy who now owns two courier firms on how with almost nothing in hand, he bought GoJavas, a firm that had a turnover of over Rs 650 crore last year.
This week's 1001 Startup Idea is to create a business that will use the real-time data to relay advertisements across social media channels. This company will provide a social media management tool and a platform which can be used to manage social media advertisement.
At a long awaited townhall on Wednesday, the remaining Snapdeal employees waited with bated breath on the status of their jobs even as the concluding retrenchment exercise has impacted over 2000 staffers.
We bring you a quick video to take you through the reasoning behind this move.
Chennai-based online matchmaking portal BharatMatrimony will now supply service providers such as caterers, make-up artists, photographers required to organize an Indian wedding.
The funding, however, would come at a much lower valuation of about USD 8-9 billion, sources close to the development said.
Uber India has put out a set of guidelines wherein drivers will be banned for life if they comment on a passenger's appearance or indulge in unwanted contact after the trip is over.
The future of payments will be like a sci-fi movie where NFC and facial recognition will enable payments. Currency notes will become a thing of the past, branches will become lesser even as robot advisors, virtual assistants and chatbots will be your new banker, wealth advisor and cashier.
Fund raising activity in the PE and VC space witnessed a decline of 6 percent in 2016. PEs and VCs raised closed to USD 24.1 billion in 2016 as compared to USD 25.7 billion in 2015.
The government is inviting feedback from various sectors to modify the definition of Indian companies that can be classified as â€˜startups‘.
This week's 1001 startup idea is to establish a company which would mine, aggregate and analyse company data. This data would be used by other providers for due diligence, analysis, research and bench marking.
Amid protests by drivers over payments doled out to then, Amit Jain, Uber India President defended the taxi aggregator‘s fare policy.
Naspers Group-backed digital payments firm PayU is likely to invest USD 250 million in the Indian business in the next five years, as the company extends focus on consumer offerings besides core products, according to a senior executive of the company.
The companies, which are planning to list on BSE's SME platform, are expected to float IPOs in the coming months.
Regulatory filings with the US Securities and Exchange Commission (SEC) show that Optimum Fund has valued its holding in Flipkart at USD 93.15 in December 2016 quarter at a USD 10.4 billion valuation.
Indian travellers do intensive search research for their travel plan, about 59 percent of people browse travel websites over the weekend and about 80 percent of people prefer to browse when they are at home.
The US-based super angel investor in Uber, who campaigned for California as a free nation post Donald Trump's Presidency says that he is happy to see a flight of talented Indian entrepreneurs back to their home
Founded by three former Citibank executives, the company offers a proprietary technology to analyse credit history and helps understand credit worthiness for users.
Earlier, the risk posed to the MSME sector was not computable owing to the lack of data.
The company which was valued at USD 15.2 billion in May 2015, is now valued at USD 5.37 billion.
According to a source privy to the developments, Snapdeal was expected to let go off about 500 employees from the overall technology team spread across Bengaluru and Gurgaon.
The crisis at Snapdeal has been triggered by the fact that one of the major investors in the company had pulled out last year from investing a follow on round, as the company is yet to show any path to profitability.
Grofers currently claims to be getting 11000-12000 orders on a daily basis with an average ticket size of Rs 1,000.