In comparison, Flipkart India, the marketplace unit of the country's largest e-commerce marketplace, posted a 750% growth in losses to Rs 20.6 billion.
Swiggy had in June entered the elite Unicorn club after raising $210 million from a group of investors
Its newly-built Jigani kitchen in Bengaluru is piloting the use of technologies such as data analytics, blockchain and Internet of Things to speed up the huge volume of its operations while ensuring strict quality control, reports Samreen Ahmad.
Britannia, which is celebrating its centenary year in 2018, will first look at expanding its dairy and bakery businesses, before turning its attention towards new food categories. The attempt is to become a total foods company, as it eyes a well-rounded presence in the market.
Smart homes that do your everyday tasks are now coming on the Indian market. Several real estate firms are making this reality as they venture into constructing automated homes.
TaxiForSure's Aprameya Radhakrishna's new venture, Vokal, is a peer-to-peer content generation platform that is a cross between Reddit and Quora.
While the Botox segment is growing annually at around 20-25% in the country, Allergan India's aesthetics business is growing at 60%
Jeff Bezos, chief executive officer of Amazon, has committed to invest $5.5 billion into India and that figure is approaching quickly.
Indian online shoppers spent an average of $224 in 2017, which was less than a tenth of what the average user spent online in the US at $2,237 in the same year
Bengaluru-based InMobi and Microsoft combine their powers to break the stranglehold of Google and Facebook in the digital advertising space.
Experts say data localisation and sharing is probably the single-biggest detriment that the draft policy talks about, the rest have no or minor repercussions on the players
'Please don't forget there's still one final piece to fall in place, which is the Supreme Court judgment. Once that happens, it will be ready for being passed.'
Tata Cha cafes hope to create a feel of a roadside tea cart, casual college canteens, old Irani cafs and even the chai joints encountered on journeys through the Indian countryside.
'Ola in India makes money on every ride. Our focus over the past couple of years has been to keep growing the market and our share in the market and build up on sustainable business,' says co-founder and CEO Bhavish Aggarwal.
Panaya drags Q1 profits though revenue improves on the back of large deal wins, good traction in North America.
Tata supplies coffee beans to over 100-odd Starbucks outlets in India but is now also looking to become a supplier of coffee for the Seattle-based company globally
It has once again returned to strong growth after a brief hiatus, spurred by the return of investors' confidence (and cash) in India's online food ordering sector.
Dahiya's first internet-based venture to sell insurance failed, but he was convinced digital was the future
Capillary Technologies building AI-backed products to empower offline retailers
India's Silicon Valley, Bengaluru, which has a high population of expatriates driven by the information technology sector, is getting more reasonable on cost of living
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