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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…
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…
Ola is doing a good job! Its gross revenue to reach $1-billion by next quarter
This will make it only the third Indian startup after e-Commerce companies Flipkart and Snapdeal to…
Flipkart Is Rolling In Money, Raises US$ 210 Million from DST Global
Last week Flipkart bought one of the largest online fashion retailer in India, Myntra.com, for an e…
India's Startups just had the worst second quarter since 2013
India just had the most investment-starved second quarter since 2013. The total value of deals is d…
Logistics unit of Flipkart, Ekart, to be a separate entity soon
Ekart, which is a logistics unit of Flipkart and recently received Rs 666 crore, is also looking fo…
Walmart wants to clip Amazon’s wings in India; may partner with Flipkart to take on the common rival
It is likely Walmart will pick up a minority stake in Flipkart and both of them will take on the co…
Flipkart, Snapdeal will not compromise on profits, will sell smart during festive season
E-Commerce majors will establish their dominance but are unlikely to compromise on margin-eroding d…
India’s biggest investor, Rakesh Jhunjhunwala isn’t very happy about the Indian e-commerce players!
"Most of the big companies globally have been built from the profit of cash flow and not investors'…
Here's how brick and mortar stores are evolving to cater to a larger audience
The stage is now set for companies both Indian and foreign, large and small, to get a piece of the …
SoftBank is likely to invest in Grofers! In talks to raise Rs 650 crore
If the deal fructifies, it will mark an over ten-fold increase in valuation and the third round of …
Flipkart Raises $500-600 Million; Now Valued At $10 Billion
This is Flipkart’s third fund-raising event this year. It had received $210 million earlier this ye…
Indian startup Flipkart may be raising another $600 million to crush Amazon
Founded by two former Amazon employees in 2007, the company has 33,000 employees and 10 million dai…
Amazon To Invest $2 billion In India, A Day After Flipkart's $1 Billion Funding
"After our first year in business, the response from customers in India has far surpassed our expec…
Economic Times
Ola Cabs to receive $400mn funding soon
New York-based hedge fund Falcon Edge and Silicon
Valley venture fund Accel Partners are expected t…
CRED says that all its employees get stock options, expands pool to $500 million
This means that the employees at CRED will collectively hold up to 12.5% of this $4.01 billion b…
CRED, which rewards you for paying your credit card bills, is reportedly India’s latest unicorn as its valuation more than doubles in two months
As per a TechCrunch report, the funding is likely to be led by its existing inve…
Delhivery becomes India’s first unicorn in 2019, thanks to SoftBank
Last week, the company and its investors made headlines after SoftBank received the approval fro…
One of India’s youngest billionaires, Ola’s Bhavish Aggarwal, is talented— but he was also in the right place at the right time
While Aggarwal deserves the credit for Ola’s success, there were also other factors that aided…
It looks like Stripe is raising a really big funding round
There is no single consensus on how much Stripe is looking to raise. Re/Code reported that Stripe i…