Spencer’s Retail has forayed into online space with the acquisition of 100 per cent stake in meragrocer.com at an undisclosed sum to grab 10 per cent of revenue in 4-5 years.The deal is a mixture of debt and equity. This acquisition makes meragrocer.com a subsidiary of Spencer’s, and will form the starting point of Spencer’s […]
App-based taxi aggregator Uber is looking to raise USD 2.1 billion in a fundraising round led by Tiger Global and other investors, valuing the company at USD 62.5 billion. The funds raised will be used primarily for investments in India and China, according to people aware of the development. Sources said that next round of […]
India’s largest cab aggregator Ola has joined international peers Didi Kuaidi, Lyft and GrabTaxi to form an alliance against San-Francisco-based Uber. The global alliance enables international travelers to avail cab-hailing services of the four companies through the same app they use in their home country. The partnership would provide ride-sharing coverage for India, China, Southeast […]
One of the biggest challenges chief marketing officers face is ensuring that their teams continue to deliver fresh thinking for their brand. Though many brands lean heavily on agency partners to produce great creative output, this skill should never be entirely outsourced. Related: 5 Key Tips For Starting A Small Business Even if the extent of the creative skill you […]
Many emerging start-ups like BigBasket and PepperTap have started to acquire the market with their services of providing food and groceries right to your doorstep. Providing over more than 14,000 products all over from pulses to dairy and eggs and all that too online is no small thing. These startups have slammed the accelerators and […]
“Grab the Opportunity – It won’t be lying around on the ground!” “The Sanitary Napkin Man” may sound an awkward title, but is a resounding Google search – about 2,55,000 results in 0.37 seconds – all about Arunachalam Muruganantham – a social entrepreneur who has empowered women in a way […]
Kolkata-headquartered gaming portal, foreseegame.com, expects its user base to increase to around 1.5 million (15 lakh) by the end of current fiscal 2015-16 from around 1.1 million (11 lakh) at present. foreseegame.com, one of the leading gaming portals of India, is successfully connecting renowned and celebrated brands with its daily users and is creating wonders […]