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Flipkart Internet is making money like never before, net worth jumps 12-fold!

The company has posted a revenue of Rs 659 crore in the year ended March 31, while last year, the r…

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Amazon Q2 net profit down 77%; remains committed to India

Amazon's operating losses in its international business widened to USD 724 million (Rs 4,646 cro…

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Paytm is using its funding wisely, acquires Near.in to dominate hyperlocal marketplace

O2O is a business model that uses web-based markets to attract online shoppers to participate in in…

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Interesting facts about Binny Bansal, the co-founder and former ceo of Flipkart to inspire you

Binny Bansal hailed from Chandigarh, the common capital of Punjab and Haryana. Sachin bansal…

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7 mins read

These 6 Digital Businesses Are Now Flush With VC Money

Internet businesses in India seem to have reached a tipping point, going by the kind of venture cap…

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43 mins read

These 119 Indian billionaires are worth over $300 billion right now, according to Forbes

Even as the COVID-19 pandemic wiped out the personal savings of hundreds of people and wrecked …

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A statement from Amazon’s CFO in a post-earnings call shows just how important the Indian festival of Diwali is to the firm’s international sales

However, there was one chink in Amazon’s polished armour: international sales growth. Sales in m…

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Amazon’s CEO says it has customers in every reachable pincode in India

Under Project Udaan, which was launched in 2015, Amazon partners with kirana stores, mobile ph…

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3 mins read

Four reasons why Mukesh Ambani’s Reliance Industries is now worth ₹10 lakh crore

It was a much anticipated event but the market value of Reliance Industries hit crossed ₹10 lakh …

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Flipkart employees in for richer times as co sells ESOP trust

According to people aware of the transaction, the move was aimed at talent retention by the eight-y…

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Nine years on, Mukesh Ambani is still India’s richest

Ironically, his wealth dipped by USD 4.7 billion in a year and still he was at the helm. In the top…

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2 mins read

Another helping hand for startups! IIFL sets up Rs 1,000 crore fund for them

The firm has roped in stalwarts from the startup sector as it aims to be first-off-the block amongs…

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13 mins read

India’s jet-set: Here’s how billionaires earned, lost and donated in 2022

The year of 2022 might be remembered for the deadly war and ongoing fight against Covid, but this y…

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4 mins read

Tracxn Technologies IPO: Analyst cautious due to losses and investor exits

Bengaluru-based data provider Tracxn Technologies is all set to launch its initial public offering …

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Anand Rathi Wealth’s ₹660 crore IPO demands ₹125 GMP ahead of opening date

The wealth management arm of the well-known fintech firm Anand Rathi is all set to go public on sto…

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5 mins read

Richest entrepreneurs under 40 named in the IIFL Wealth Hurun list became more richer by 12% in last one year

India’s richest self-made entrepreneurs named in the IIFL Wealth and Hurun rich list saw their weal…

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1 min read

Sensex slumps over 400 points in early trade; HCL Tech, Axis Bank slips 3%

On the other hand, Reliance Industries, Maruti, Titan and Bajaj Finance were the only gainers…

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pi Ventures plans to invest in 25 young startups with its latest $75 million fund

Early-stage venture fund pi Ventures has announced the first closing of its second fund at ₹300 cro…

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Nykaa will spend its IPO money on setting up retail stores and repaying loans

Fashion and beauty e-commerce platform Nykaa has got the wheels rolling for its IPO, with the filin…