Indian Billionaire & Wipro founder Azim Premji Set to retire
Wipro founder Azim Premji is set to retire from Wipro, his son will take over his post.
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New York based Native Raises $2.5 Million
New York based Native Raises $2.5 Million.
Indian wants 20% Avg growth in Salary Increment
Indian wants 20% avg growth in Salary Increment.
Pine Labs acquires Qwikcilver for $110 Million
Pine Labs acquire Qwikcilver
German Personal Care brand Creme 21 Acquired for Euro 11-12 million
Creme 21 acquisition by Emami
Softbank Backed Online Grocery Platform Grofers Eyes Rs 200cr GMV in Sales
Grofers GMV
Future Group to invest 1000 Crore in Food Space, Launch India Food Grid
Future Group launch INDIA FOOD GRID
Kuwait Vehicle Leasing Business Will Grow More Than 9% From 2018-2023
kuwait vehicle leasing market growth
Bike Tax Service Baxi Plans to Roll Out a Hyperlocal Delivery Model
Gurgaon-based 74 BC Technologies, which owned and operated bike taxi service Baxi, is reportedly in the process to launch a hyper-local delivery model. For this, the company has tied up with two major FMCG brands. Baxi had raised Rs 10 crore in 2015 from a host of well-known early-stage investors and is in the final stages of launching […]
Grocery Delivery Major Grofers Aims to Amass $2.5 billion in Revenue by 2020
The grocery delivery platform Grofers aims to garner $2.5 billion (around Rs 17,500 crore) in revenue by 2020 as it scales up its private label offerings in the country and focusses on expanding repeat purchases in its platform. The company, which has recently completed five years of its operations, has a revenue run rate of $360 million […]
Venture Catalysts Closes 57 deals in 2018
Venture Catalysts, a startup incubator, closed 57 deals in 2018, helping raise Rs 125 crore for startups in its portfolio, as per data from startup-tracking firm Tracxn. The deals ranged from Rs 3 crore to Rs 13 crore. During the year, its portfolio firms raised Rs 380 crore in total. Founder and president Apoorv Ranjan Sharma stated that the […]
Moglix Secures $23 million in a Fresh Funding Round
MogliLabs, which owns and operates B2B industrial goods marketplace Moglix, has raised $23 million (about Rs 164.57 crore) in a fresh round of funding, which was led by marquee venture capital firm Accel Partners US and existing investor International Finance Corp (IFC). The latest round of funding comes about 15 months after the Singapore and Noida-based company, which also […]