With the exit of a lot of senior executives in various top companies, two senior executives of Ola have also stepped down. It has been reported that Saikiran Krishnamurthy and Joy Bandekar have left the company. Saikiran Krishnamurthy was popularly called Saiki among the Ola employees and held the position of a senior vice-president of growth in the […]
A Singapore-headquartered robotics company GreyOrange has secured funds amounting to $140 million in a Series-C funding round. This round was led by Mithril Capital. The other backers that participated in the funding round were Mitsubishi, Flipkart, Project Verte and Blume Ventures. The leading backer Mithril Capital is a venture firm co-founded by Ajay Royan and early Facebook investor Peter […]
China’s fashion e-commerce player Shein has become quite popular in India just within one year of its presence. For the company, India has emerged as an important market with its mobile app crossing 5 million downloads. The fashion retailer at present delivers to over 15,000 pin codes in tier-I and II cities in India and […]
The leading e-commerce platform Amazon has announced the launch of its first Hindi version of the Android app and website. This move has been primarily taken to make deeper footprints into India’s fast-growing e-commerce market, boosting up its battle with Walmart’s Flipkart. This move clearly signifies the importance of the Indian market in the e-commerce […]
Xiaomi with its mid-range smartphones has created a great impact on the Indian smartphone market for a few years, and now, the company has taken a step forward and forayed into the premium smartphone market with its new sub-brand called Poco. And thus, ‘Poco By Xiaomi’ today is launching its first ever smartphone in India […]
Amazon’s online payments processing service Amazon Pay is looking forward to acquiring personal assistant platform Tapzo in a part-stock and part-cash deal with an aim to build on its payment offering and create multiple use cases for it. The deal has been valued at between $40-45 million. The stock component will give a cash-out to investors whereas Ankur Singla and […]
In the last few years, India has been witnessing a huge growth in the number of startups and thus, the birth of entrepreneurs in the country has also risen. With this, our country has got such an amazing number of talented and hard-working entrepreneurs that have helped India to reach a different level of success. […]
Raksha Bandhan, also known Rakhi, is an annual rite in South Asia, especially in India centered around the tying of a thread on the wrist as a form of ritual protection. On Rakshabandhan, brothers promise their sisters to protect them from every bad thing and make her secure in life. This year, we found out brother-sister […]
The emerging digital payments player PhonePe which is owned by Flipkart announced that it has teamed up with Indian Railway Catering and Tourism Corporation (IRCTC) to make digital payments easier and smoother through PhonePe on the IRCTC Rail connect Android app. This partnership will ensure the ease of payment with the help of PhonePe as a payment option on the IRCTC […]
Shadowfax, India’s largest logistics provider for local businesses has raised an amount of $22 million in Series C funding round. This financial round was led by Nokia Growth Partners. The round also saw the participation of Qualcomm Ventures, Mirae Asset and existing investor Eight Roads Ventures. This particular investment is likely to value the logistics […]
HARMAN International, a hardware-focused company which owns Los Angeles-based JBL has launched an online store in India that will include loudspeakers and associated electronics from manufacturer JBL. As of now, JBL’s products were available in India only at Snapdeal, Amazon, and Flipkart, but now it can be shopped through its official website too. The company has launched […]
Health and fitness startup Cure.fit today said it has raised USD 120 million funding (Rs 824 crore) in new round of funding led by IDG Ventures, Accel Partners and Kalaari Capital. The series C round funding also saw participation from Chiratae Ventures and Oaktree Capital, Cure.fit said in a statement. “The fresh investment will enable […]