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RBI planning interest free Islamic banking windows
Both the Centre and RBI are exploring the possibility of introduction of Islamic banking for long t…
1 min read
Snapdeal-backed fashion start-up Flyrobe gets funding from IDG Ventures and Vijay Shekhar Sharma
Flyrobe has now raised $7 million in investments. The start-up is based in Mumbai and also has oper…
1 min read
Ratan Tata invests in home rental startup NestAway
Top industrialist Ratan Tata has invested an undisclosed amount in home rental company NestAway Tec…
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Furnishing rental platform, Rentomojo, gets Pre Series A funding, raises $2 million
Founded in 2014 by IIT Madras alumni, Geetansh Bamania and Ajay Nain, Rentomojo lets users rent fur…
1 min read
Guess who’s going to gain from Ratan Tata’s business expertise next?
Tata will help the firm in building its portfolio, global expansion, team building and leadership. …
1 min read
MakeMy Trip and GoIbibo have got new competitors; not 1 or 2 but 80 of them
As per an Economic Times report, around 80 startups have emerged as strong contenders in the travel…
1 min read
Now an advertisement on phone can recharge your DTH
It’s unique in the way that consumers can recharge DTH and mobile operators on banner or the ad pro…
1 min read
Flipkart is now worth $12.5bn!
Helion has declined to comment on the developments while IDG Ventures and Flipkart did not respond …
2 mins read
Mumbai-based Vserv raises $15 million from Maverick Capital Ventures
Manik Arora, founder & MD, IDG Ventures India, said, “As an early investor in Vserv, …
4 mins read
This Portal Is Not An Indian Wikipedia, But Claims It Is Democratising Data For People Empowerment
So how does Vikaspedia bring value to our everyday life? Since it is a government-run information p…
6 mins read
TRANSPORTATION AND LOGISTICS BRIEFING: Lyft raises $1 billion, led by Alphabet - IDG Capital and Foxconn to invest in auto startups - FAA opening up airspace for commercial drones
The new funding signals Alphabet and Lyft are deepening their partnership as Alphabet's relationshi…
Nicholas Shields,Jonathan Cam…
1 min read
Chinese fast-fashion brand Shein is hoping for a public offering by 2024, reports say
Chinese fast-fashion brand Shein is preparing to go public in 2024. Reports say the company is work…
Jordan Hart
2 mins read
As Chinese search giant Baidu moves to build electric vehicles, the company is holding talks for a majority stake in an AI chipmaker
Baidu is reportedly in talks with venture capital firms for a subsidiary chipmaker for electric veh…
Kevin Shalvey
1 min read
Three-year old Curefit clocks in $100 mn in revenue and over $245 mn in total funding
Health and fitness startup Curefit has raised $75 million in a series D round. According to the fil…
2 mins read
Uber and Lyft drivers are demanding higher pay in New York City
Of course an increase in driver pay would impact Uber's bottom line unless that cost was passed on …
Jacob Sonenshine
3 mins read
Lenskart gets funding of $95 million from global investment firm KKR
These entities had invested in Lenskart in late 2014. Upon the completion of the transacti…
PTI
4 mins read
PolicyBazaar investor Chiratae closes another fund at $337 million, with three portfolio startups ready to go public
Investment firm Chiratae Ventures has announced the final close of its fourth fund at $337 million …
2 mins read
Uber suspends shared rides to combat the spread of coronavirus
Shelter-in-place orders (like that mandated by San Francisco officials on Monday) notwithstanding, …
Graham Rapier
4 mins read
China reportedly demanded that big Chinese tech companies like Alibaba process stolen US data for the nation's top spies upon request
Foreign Policy spoke to 36 US officials, who said China forcing its firms to process stolen data re…