In the past centuries, several sectors have seen tremendous growth. And ever since the startup bubble, things have started to move over to cloud. General utilities like groceries and bathroom kits, food, furniture and even heavy electronics are some mere clicks away. With this advent of “finding everything online” some sectors are still expecting attention […]
Delhi based Rootefy, a Rootefy International Pvt Ltd, a construction materials marketplace, has raised seed funding from Abhinav Gupta, director at Gurgaon-based real estate firm BNB Group. Founded by Nitish Gupta and Manish Kishore in April last year, it has recently raised a funding of Rs 1.2 crore (around $187,285). It will use the funds for infrastructure […]
After investing big in Flipkart, Paytm and Ola, SoftBank Group Corporation is looking to invest in another startup Rivigo Services, a transport logistics provider an amount of around $100 million as per the sources aware of the discussions.
A US District Judge has ruled that Microsoft’s LinkedIn network must allow a third-party company to scrape data publicly posted by LinkedIn users.
Indian ecommerce giant Flipkart has raised a record breaking funding of at least $2.5 billion from SoftBank Vision Fund, making its rival Amazon a huge blow and claiming its dominance in the market. The latest round of funding takes Flipkart’s cash reserves to more than $4 billion. Although, Flipkart didn’t disclose the amount, but said […]
Tesla Inc. said on Monday it would raise about $1.5 billion through its first-ever offering of junk bonds as the U.S. luxury electric car maker seeks fresh sources of cash to ramp up production of its new Model 3 sedan.
BSNL will focus on 5G services in the Himachal Pradesh circle to remain in competition in the fast-changing telecom sector, an official said today.
Startup is a risky business. ‘The million dollar idea’ alone won’t suffice. One has to have better understanding about the customer targeted, and how to reach out to them; followed by extensive planning and then finally, an eventual place for the launch of your product(s). It’s very important that one finds the right city according […]
Cab-aggregator platform Uber technologies, claims to have finally touch double-digit growth in the country and almost 2.5 times year-on-year growth as of June 2017.
Nexus Venture Partners, an early investor in Snapdeal, has come out in support of the e- commerce firm’s decision to pursue “Snapdeal 2.0” instead of accepting rival Flipkart’s $900-950 million acquisition offer. Nexus Venture Partners is the second investor to come out in support of Snapdeal’s decision, after Kenneth Glass (an early investor in Snapdeal). […]
The Singapore-based ride-hailing service is getting $2 billion worth of investment from China-based ride-hail player Didi Chuxing and Softbank. The startup also expects to raise an additional $500 million from other investors as part of this round. Provided it closes the additional sum, the company’s valuation would top $6 billion, according to a source familiar with […]
Eminent scientist Tessy Thomas called upon the youth to take up initiatives like start-ups to help the government fight challenges in sectors like health, environment and education. Thomas – known as the Missile Woman of India – was speaking at the Convocation 2017 of the Birla Institute of Technology and Science yesterday. The quality of […]