July 23rd, 2018US-based multinational retailing corporation Walmart is planning to open nearly 30 new wholesale cash-and-carry stores in the next three years in India, basically in Uttar Pradesh (UP) and Uttarakhand, mentioned by the top company official.
Walmart India, the wholly owned subsidiary of Walmart Inc, has inaugurated its second B2B...
July 5th, 2018A Bengaluru-based business to business foodtech company called ‘HungerBox’ has secured an amount of $4.5 million in a Series A funding round led by Sabre Partners and Neoplux which is a South Korean investment company.
Along with these investors, the funding round witnessed participation of Infosys Co-founder Kris Gopalkrishnan...
June 14th, 2018The Anil Dhirubhai Ambani-led telecom company Reliance Communications has stated that the total number of jobs and recruitment in the company have reduced to 3,400 at present by about 94 percent from a high level of 52,000.
The jobs at the RCom was at its peak at around 2008-10. But gradually the number has decreased, maybe due to the...
May 21st, 2018Myntra’s marketing strategies and intelligence have lately given a boost to the fashion and lifestyle business of its parent company Flipkart. The losses for the FY17 have reduced by 25% to Rs. 655 crore as against Rs. 823 crore in the previous year.
The major strategy adopted by the fashion and lifestyle etailer has been the focus...
March 19th, 2018Bengaluru, March 19, 2018 – B2B Saas Platform CustomerSuccessBox has raised $1mn in pre-Series A funding led by pi Ventures with participation from Axilor Ventures. The funding will use for growth hacking and product improvement as per the information mentioned in the press release.
CustomerSuccessBox is a customer success...
February 21st, 2018The business-to-business electronic commerce platform Udaan has raised $500 million in a Series B round of funding from Lightspeed Venture Partners, Lightspeed India and DST Global founder Yuri Milner’s personal investment vehicle Apoletto. It also involved Ravi Mhatre from Lightspeed Venture Partners and Bejul Somaia from...
October 15th, 2017Metro Cash & Carry will start online sales for business customers by year-end as it looks to expand its market position in the growing segment, a top official of the company said. The company also plans to add more stores to its network.
To woo small kirana shops, the company has also started giving them credit ranging from Rs 1...
June 22nd, 2017MaxWholesale, a mobile based B2B grocery supply chain platform, has raised close to USD 1 million (Rs 6 crore), led by Indian Angel Network (IAN) and Maple Capital Advisors.
These investors include names like Ambarish Raghuvanshi, Raman Roy, Sunil Munjal, Bikky Khosla, Pankaj Karna and Abhinav Grover among others, a statement said...
