Ola wants to be India's answer to Grab, which is into everything, starting from cab service and logistics to bike taxis and food and grocery delivery.
According to sources, Chambers has led the $5-million funding round via his investment firm JC2 Ventures
Pricing is a vital part of strategy to take high speed broadband to 265 million homes
As much as 20 per cent of the gross merchandise value (GMV) of sales made on e-commerce platforms is being financed through the no-cost EMI route, up from 4-5 pc two years ago.
Allegations are flying thick and fast, from harassment, pressure on employees to sell their stocks in the firm, to not one but two extortion calls.
While mobile wallets are still busy exploring the multiple facets of interoperability, experts believe that bringing in new customers would be costly affair and the numbers of new wallet users might not see a major hike anytime soon.
Welcome to India's medical devices companies which are successfully locking horns with global giants, whether in India or abroad.
The micro-blogging platform hopes its new emphasis on governance would help differentiate it from Facebook and Instagram.
They are cheaper to build, costing around Rs 10 lakh each as against Rs 20-25 lakh for a traditional ground-based tower and even less than the Rs 12-15 lakh needed for a tower mounted on a roof top.
Instead of the minority stake they held earlier, now they have controlling stake in many firms
Bob van Dijk, chief executive officer of Naspers, is now betting on companies in food tech, payments, travel and other consumer sectors to tap the potential of the Indian market.
Coca-Cola's acquisition of British coffee chain Costa, its biggest acquisition of a brand in history, faces three challenges in India.
Companies such as Facebook, WhatsApp and Twitter are finding it extremely difficult to rope in new India heads.
From coming up with the correct list of beneficiaries to finding enough people to work as Ayushman Mitras to generating awareness about the scheme - many things need to fall in place before it can be successfully launched in a few days.
Ex-AAP strategist Shefali Misra to join Uber as head of public policy
While companies claim to have taken steps including adding additional manpower, using artificial intelligence and machine learning, to counter spread of fake news, the government has found these measures unsatisfactory.
The government is in no mood to buy the privacy and security argument pitched by WhatsApp, whereas the American firm says traceability will undermine end-to-end encryption and the private nature of the app, creating potential for serious abuse.
'I feel more like a chess player, thinking for long hours how to make the next move," Telecom Secretary Aruna Sundararajan tells Surajeet Das Gupta.
Travel portal Yatra is planning to come up with a luxury travel vertical, where celebrities such as sports persons, actors, famous chefs or social media influencers will act as guides to travellers. If you like to travel in 7-star style and yearn for that extra bit of star value, this could be just up your street.
Smaller Singapore- and US-based venture capital funds, retail associations and trader bodies such as the CAIT and SJM are all planning to approach the government to put pressure on the commerce ministry.
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