Indian Startups: News

11 Jul 2017

Paytm

Reportedly, Paytm Mall to invest $200 million in BigBasket

As per reports by FactorDaily, Paytm Mall is in talks to acquire a majority stake in BigBasket for $200 million.

10 Jul 2017

India

Paytm Mall gets 800 employees, will hire 2,000 more

Paytm appears to be readying itself to become the third major e-commerce entity besides Flipkart and Amazon in India. It recently shifted 800 employees from One97 Communications to Paytm Ecommerce Pvt Ltd which runs Paytm Mall.

05 Jul 2017

India

Indian start-ups need to find the route towards profit soon

The honeymoon period is slowly coming to an end for Indian Internet firms.

04 Jul 2017

India

Nandan Nilekani, Helion MD's $100mn fund for Indian start-ups

Infosys co-founder Nandan Nilekani and senior manager of Helion Sanjeev Aggarwal have announced a $100mn fund for promising new ventures that show potential to grow into billion-dollar companies.

03 Jul 2017

India

Former Housing CEO Rahul Yadav joins Anuj Puri's ANAROCK

Former Housing CEO Rahul Yadav is now the Chief Product and Technology Officer at ANAROCK Property Consultants, the new venture of real estate industry stalwart Anuj Puri.

24 Jun 2017

Delhi Police

Snapdeal files FIR against former GoJavas' promoters

Snapdeal's parent company, Jasper Infotech, has registered a First Information Report (FIR) with the Economic Offences Wing of the Delhi Police against former senior executives of Quickdel Logistics which owns e-commerce logistics company GoJavas.

24 Jun 2017

Bengaluru

Bengaluru based start-up Practo being investigated for tax evasion

Bengaluru-based healthcare start-up Practo is reportedly being probed by the Income Tax department for tax evasion allegedly through a cross-border corporate restructuring.

23 Jun 2017

Flipkart

Snapdeal-Flipkart merger comes to a halt as Azim Premji objects

According to reports, Snapdeal's merger with rival Flipkart has hit one more roadblock, which can potentially drive down the embattled firm's agreed upon valuation of $1 billion for the sale, if not jeopardize the deal completely.

21 Jun 2017

India

Aircrafts aggregator start-up JetSetGo records 700% revenue growth

Founded as an aircraft aggregator for charter jets, Indian start-up JetSetGo has been flying high after recording growth of over 700% in revenues this year.

20 Jun 2017

Paytm

How can you sell and buy Digital gold on Paytm?

According to reports, Paytm's Digital Gold, which was launched on April 27 this year, has grown 100% month-on-month in sales volume.

20 Jun 2017

Startups

Housing.com founders cry foul play on new owner's actions

If someone ever had to tell the story of hubris in Indian start-up space, he would talk about Housing.com.

20 Jun 2017

India

Paytm eyes license to launch money market fund in India

The country's biggest online payments company, Paytm, is reportedly looking to gain a license that will enable it to launch a money market fund.

10 Jun 2017

India

Supr Daily, your friendly digital doodhwala gets $1.5 million funding

Supr Daily, an Indian start-up fresh out of the Y Combinator accelerator program, has managed to rake $1.5million funding for its operations.

09 Jun 2017

India

Flipkart eyes new avenues, entry in Fintech, more tech hires

India's home-grown e-commerce platform Flipkart is looking forward to taking the next big leap; the firm is poised to include new categories such as furniture and groceries in its foray.

30 May 2017

Snapdeal

Snapdeal's future gets messier with unexpected funding, issuance of shares

Just when you thought the Snapdeal saga was at its very end, there is a new twist in the tale.

26 May 2017

India

Start-ups get an extended window of benefits from the government

The NDA government has now rehashed the definition of a start-up under its 'Start-up India' scheme.

23 May 2017

India

Abu Dhabi plays host to two day Start-up India summit

The two-day Start-up India summit, organized by the Indian Embassy in Dubai and the Consul General of India, Abu Dhabi, in partnership with iSPIRIT, a Dubai based nonprofit think tank commenced in Abu Dhabi today.

19 May 2017

Google

Ola partners with Google, launches extremely lightweight app

At the Google I/O developer conference in San Francisco, Ola announced a partnership with Google to launch what is called a Progressive Web App (PWA), or a lightweight website version of their app.

19 May 2017

Flipkart

NestAway eyes fresh funding, public listing after profitability

Bengaluru-based rental start-up NestAway, which caters to tenants, mainly from the 22-30 age-category, is now planning to raise around $40 million funding.

09 May 2017

Samsung

Oppo wants to invest in Indian start-ups to topple Samsung

Oppo might have lost the top-smartphone-seller tag in China to Huawei in the first quarter but that doesn't mean it's going to stop anytime soon.

01 May 2017

India

Google's "Solve for India" initiative to help entrepreneurs

Google has now launched the "Solve for India" initiative with the aim to support budding developers and entrepreneurs in the country.

28 Apr 2017

Saif Ali Khan

GoZoomo resurfaces from the dead for acquisition deal

GoZoomo made headlines when the firm decided that they would give back the unused money it had raised from the investors, as it was closing down.

26 Apr 2017

India

Awfis Space Solutions gets $20 million from Sequoia Capital

A very brief definition of Awfis can probably be that it is a start-up that provides work-spaces for start-ups.

20 Apr 2017

India

SoftBank's tryst with India's start-up scenario

SoftBank may have tasted failure with Snapdeal but it still believes in making a profit with its Indian investments.

19 Apr 2017

Tencent

BigBasket engages Grofers in merger talks eyeing SoftBank funding

According to sources, BigBasket has opened up a dialogue with its comparatively smaller rival Grofers for a possible merger.

17 Apr 2017

India

Hike to add payments mechanism with UPI integration

Sources confirmed that Hike Messenger is all set to roll out a payment mechanism on the app which will be the first in India to be integrated with the government's UPI interface.

16 Apr 2017

India

Snapdeal gets two fatal blows among acquisition talks

Amidst acquisition talks, Snapdeal gets hit with two more devastating incidents that could potentially cripple the already faltering home-grown e-commerce giant.

06 Apr 2017

Flipkart

Flipkart's mergers if okayed, starts the proper e-commerce war

The market is currently ripe with rumours regarding two major Flipkart mergers - one with eBay and another with Snapdeal.

17 Mar 2017

The Viral Fever

What is Flock all about?

Rival to Slack, Flock is a web-messenger tool used at work to run projects within the team.

31 Aug 2016

iOS

Y Combinator: The world's most prestigious start-up school

Y Combinator, based in California is a start-up accelerator.

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