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PharmEasy opens up quicker public listing options with its acquisition of Thyrocare
This is the first time in Indian corporate history, a startup has acquired a publicly listed com…
Tencent falls nearly 8% after the firm's largest shareholder said it plans to sell $14.6 billion of its holdings
Prosus said it plans to sell $14.6 billion of Tencent stock, but it will remain the tech giant's la…
Will Daniel
Star Sports President Gautam Thakar appointed Global CEO of OLX Autos
Prosus-owned OLX Group on Monday said it has appointed former Star Sports President and CEO Gautam …
Facebook-backed Indian startup Meesho raises $125 million from Naspers
Meesho, the online marketplace raised $125 million funding led by Naspers. The round also saw parti…
Flipkart raises its biggest round at a lesser valuation and acquires eBay but is it enough to steer off Amazon?
The e-tailer mentioned that this capital was raised at a post-transaction valuation of $11.6 billio…
MakeMyTrip to issue $960m worth shares to acquire Ibibo group
Ibibo group is mostly owned by South African media and internet giant Naspers (nearly 90%), with th…
Fearing competition, Flipkart, Snapdeal oppose 100% FDI in India’s eCommerce sector
The two models of retail - online and offline - have different business models and cannot be looked…
Amazon-backed Good Glamm Group acquires 2 more startups, intends to invest ₹200 crore to boost influencer marketing
The Good Creator Co will offer content creators and influencers access to the brand campai…
Feminine hygiene startup Sirona raises ₹100 crore from ScoopWhoop's parent Good Glamm Group
Sirona - which makes products like PeeBuddy and menstrual cups - said it aims to hit the ₹500 cr…
PTI
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…
Shah Rukh Khan is now the brand ambassador of Foodpanda
The online food delivery startup is looking forward to regaining the market share it had lost out t…
Rags To Riches: Flipkart’s Journey From Rs 400,000 To $5-$6 Billion Firm
As per industry experts, the Bangalore-based company is now valued at somewhere between $5 and $6 b…
Flipkart announces raising $1.4 billion from Tencent, eBay & Microsoft, and acquires eBay India
Flipkart announced the feat in a blog post. “This strategic partnership enables Tencent to particip…
Snapdeal founders are helping Taiwanese company to get best deals in Indian startups
Over a dozen Indian startups met Wen-Hsin (Vincent) Tong, Chairman and Director of investments at F…
ScoopWhoop and MyGlamm’s parent, which is backed by Amazon, is now valued over a billion dollars
The Good Glamm Group — the parent company of direct-to-consumer (D2C) beauty brand MyGlamm — has en…
Swiggy gets a $1.25 billion cheque from Softbank for the same reason Zomato went for an IPO
Swiggy has raised $1.25 billion in a funding round led by SoftBank Vision Fund II and Prosus, a wee…
Prosus buys payment gateway firm BillDesk in one of India's biggest fintech deals ever
This is one of the biggest buyouts done by Prosus and one of the largest merger and acquisition …
Prosus commits Rs 100 crore for PM's Covid relief fund
Prosus has invested around USD 5 billion (about Rs 37,900 crore) in Indian technology companies sin…
PTI
Flipkart raises $3.6 billion at a valuation of over $37 billion, to focus on ‘millions of small and medium Indian businesses’
Walmart-owned e-commerce titan Flipkart has raised $3.6 billion (approx. ₹26,800 crore at current r…
Zomato IPO to open on July 14 with shares priced at ₹72-76 apiece
Zomato will be floating its IPO next week on July 14 and has set the offer price for these public s…