Bangalore-based on-demand laundry service platform, Flashdoor, has raised an undisclosed amount in angel funding, led by former Flipkart executive Sujeet Kumar. Flipkart’s Chief Business Officer Ankit Nagori and Tracxn Labs also participated in the round. Kumar was head of Flipkart’s largest seller and its captive logistics business WS Retail Pvt Ltd, before quitting in May. […]
SpinKart is a startup operating from Lucknow that has a lot of research work behind it. They understand that usually, shoppers have a harrowing experience in India – going for groceries, running through aisles with their carts, waiting for hours during checkout, add to that the chaos of traffic, parking and fuel costs. Online shopping […]
Tech startup Wasabi has raised $1.8 Million in a seed round led by Ankur Capital & others.
Mumbai, Jul 18th, 2021: Reliance Retail Ventures Ltd (RRVL) will acquire a 40.95 percent stake in Just Dial for around $500 million to bolstering its digital services in India. Reliance investment in Just Dial is part of the conglomerate’s digital bet. Over the past many quarters, Reliance has announced a number of investments in companies […]
Tata Group will buy a 68% stake in online grocery startup BigBasket for $1.3 billion.
Flipkart separated its payment unit PhonePe, as the digital payment firm raises $700 million in funding valued at USD 5.5 billion.
India’s e-commerce companies reported USD 8.3 billion in gross sales during the festive sale season.
eCommerce giant Amazon sends a legal notice to Future Group over its asset sale to Reliance Industries.
Walmart group looking to invest up to $25 billion in a super app that will be hosted under a Tata Sons unit.
Reliance Industries acquired Future Group for $3.4 billion to bolster its fast-growing retail business.
The strategy is likely to be replicated by many Chinese handset makers to project as an Indian brand.
Cloud communication platform Sinch acquire India based ACL Mobile for $70 Million.