The Swedish furniture manufacturer IKEA, which recently inaugurated its operations in Hyderabad, has announced that the company will soon be using electric rickshaws for the purpose of home delivery of its products. IKEA is one of the largest furniture retailers in the world. The company designs and sells off ready-to-assemble furniture, kitchen appliances and home […]
In a recent news, Cryptocurrency Bitcoin fell below $8000, as investors stepped away from the risk exposure to cryptocurrencies, due to selloff in shares of technology and internet companies spilled over into other high risk assets Bitcoin is a cryptocurrency, a kind of electronic cash. It is a decentralized digital currency without a central bank or single administrator, though some […]
Paytm Mall is planning to expand to Southeast Asian countries, along with countries such as Japan, and it has also appointed a head for its international business and expansion. Paytm mall is a platform provided by Paytm for the user to shop, it works just like any other E-Commerce website or Application. It aims to offer […]
Hershey has reportedly announced the sale of two of its international businesses as it continues to shift its efforts to U.S. snacking. The chocolate company has been focusing on expanding its snacks business. It recently acquired Skinny Pop parent Amplify Brands for $1.6 billion. Those efforts came after previous attempts at expanding internationally stumbled. The company stated […]
ONN Bikes, the two-wheeler bike rental platform that is based in Bengaluru has taken a step forward to provide a better customer experience and make bike rentals hassle-free and enable quicker intra-city commutes by introducing dockless bikes on the basis of hourly, daily, weekly, and monthly bike rentals. Since the introduction of cab services, going […]
SaleBhai’s IPO has been a trending news from the past few days. And with a confirmation, it has been reportedly announced that the early-stage B2C e-commerce startup is now all set to make an initial public offer (IPO) on the 27th July 2018. As stated earlier in one of our articles, Salebhai is the first startup […]
With Paytm showing a commendable growth in every aspect, the digital payments giant is planning to launch its operations in Japan in collaboration with Masayoshi Son’s Softbank Group. This event is expected to take place by the end of 2018. People familiar with the matter stated that Son is trying to mark his footprints in […]
One of the most Popular over-the-top (OTT) platforms, The Viral Fever (TVF) has raised $6 million (nearly 41 crores) in a fresh funding round from the investor Tiger Global. TVF raised the fresh capital at an estimated post-money valuation of around $40 million. The company had raised $10 million from Tiger Global at a valuation […]
Disclaimer – The information in the article about the deal of NDTV and Reliance has been derived from various sources and we have tried our best to collect all the facts and come up with a clearer view of the case. The readers can go through the story and analyze the whole deal according to […]
Didi Chuxing, a China-based ride-hailing online company has secured funds amounting to $500 million from a US-based travel company known as Booking Holdings. The basic aim of this funding round is to bolster the company’s plans to make an entry into the fresh markets outside of China. Both the companies announced the investment in a […]
One of the leading digital payment platforms PhonePe that is owned by Flipkart has announced that the company has reportedly acquired Zopper Retail which is a hyper-local POS (point of sales) marketplace. However, the amount of the deal has not been disclosed. Neeraj Jain who is the founder and CEO of Zopper, will be joining […]
A pharmaceutical manufacturing company, Aurobindo Pharma Limited has reportedly signed a well-defined deal for the purpose of acquiring the business of Apotex International Inc. in five European countries for $86.5 million (€74 million). The countries in which the Hyderabad-based company is looking forward to acquiring the commercial operations and certain supporting infrastructure are Poland, Czech […]