With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.
You can apply for online MBAs that won't require CAT scores, suggests rediffGURU Mayank Kumar.
People are not just splurging on clothes, mobiles and household goods through the online route, they are also looking at cars and even houses.
The duo spent almost $400 million in 2018 on rapid expansion as well as discounting to gain new customers, and Uber Eats has managed to edge out Foodpanda by 2 million orders.
'We are focused on playing on our strengths, which are technology, and building a large profitable business by working with banks as well as non-banks and NBFCs for loans.'
The turmoil, if you read the headlines, is about the so-called funding winter. Deep down, though, the question is one of the common direction in which founders and investors need to pull, points out Suveen Sinha.
These stocks are overvalued and, therefore, one should not adopt a buy and hold strategy.
Their bootstrapped brand sold 25,000 units on Flipkart in five days during the 2017 festive sale.
With a common account number, you can use the MF Utilities platform to invest in any fund house's scheme.
The Rs 100 crore infusion will well-capitalise the company to drive its new strategy and growth plans.
Many investment options once seen as safe havens are presently out of sync
Nextbillion Technology (Groww), the venture capital-backed broking platform, has dislodged Zerodha Broking as India's largest brokerage in terms of number of active clients. Groww had 6.63 million active clients at the end of September, as against Zerodha's 6.48 million, ending the latter's long run at the top. AngelOne and RKSV Securities (Upstox) were ranked third and fourth with 4.86 million and 2.19 million active clients, according to data available on the National Stock Exchange (NSE).
From Artificial Intelligence to yoga, sign up for courses that will benefit your career in the long run.
With just 10 detectives under his leadership and in about three weeks' time, Senior Superintendent of Police of Uttar Pradesh's Special Task Force Amit Pathak cracked an online digital racket that swindled 600,000 people and is now worth Rs 3,700 crore and counting.
'A start-up with 100 people has reduced the strength to 60-80 people to reduce cost.' 'Even if there is attrition, they prefer not to replace them.'
CashKaro.com works with online retailers like Amazon.in, Paytm, Jabong and ShopClues
E-sports experts say the burgeoning sector will not be affected by the Goods and Services Tax (GST) Council's recent decision to levy a blanket 28 per cent tax on online gaming, which is being viewed by the industry as a death blow to gaming companies.
Shopkeepers are losing buyers in droves to e-tailers for everything from fashion to smartphones, and are struggling to find solutions.
Strategic investment gives the investing company access to resources at a fairly low cost.
Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's Softbank Corp to Singapore's Temasek Holdings.
'Given that the market is now demanding disciplined growth, well-run companies should be able to demonstrate profitability with the cash on hand.'
In sectors like IT, cybersecurity, advanced manufacturing, and transportation, the H-1B One Workforce grant programme would be used to upskill the present workforce and train a new generation of workers.
Cos can apply for PAN card number online through e-Biz portal.
Retailer bodies to demand govt action against I-Day sales offers, threaten legal action for breach of FDI rules.
'...similar to the 2008 global financial crisis, the 2012 taper tantrum, or the 2018 midcap crash.' 'This could lead to a substantial decline in activity and revenues for the broking industry.' 'When this will happen is uncertain, but as brokers, we must be prepared for such a downturn.'
PEs and VCs are taking a closer look at their bouquet of investments. Leading voices in the sector are categorical that cash-burn rates -- that's blowing up equity to acquire market share -- as a business model can't continue to be the polestar.
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Dismisses speculation that he would launch a major e-commerce initiative soon.
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Gold prices have eased off in recent months after the formation of a new government bringing in positive sentiment back to the stock market.
With real estate -- NRIs's favourite investment vehicle in the past -- unlikely to do well in the near future, there is a strong case for NRIs to shift to equity and debt mutual funds, says Prateek Mehta.
Lightspeed Venture Partners, a US-based venture capital firm, on Monday announced investments of $29.5 million in two Internet companies in Bangalore.
The company is also planning to create an Indian subsidiary to enhance communications and services with players for which it will hire over 100 employees specialising in business, e-sports, and game development.
You can use gold as a financial instrument to diversify your portfolio into hedging against uncertainties in the market, but for ambitious returns, you must explore opportunities in other asset classes such as equities, debts and real estate, says Adhil Shetty, CEO, BankBazaar.com.
Alibaba in talks to invest up to $700 million in Snapdeal
One of Britain's leading daily newspapers, The Independent, on Friday announced it will end its print edition and switch to 'digital only' mode from next month amid falling readership.
Mukesh Ambani said new projects in petrochemicals and refinery business would come online in the next two to three years.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
If borrowers don't have access to a bank's credit facility, it could make sense to use peer-to-peer systems.
Meet Nilima Kalra, 79, Manju Roy, 80, Sumita Maan, 79, and Gurpreet Kaur, 75.
Investments are at risk if operators are unable to resolve concerns of authorities and customers after the rape accusation.
Terrific meeting with Narendra Modi. Always impressed, energised by optimism and invention in India. Excited to keep investing and growing," Bezos wrote on social networking platform Twitter.
