Over the last 12 months, thanks to bold bets by venture capital firms like Sequoia, SoftBank Vision Fund, and foreign strategic investors like Naspers, pipeline of start-ups with potential to achieve $1 bn in valuation is at an all-time high.
Every competitor is eyeing the top slot that Flipkart holds.
The company will transfer its wallet business, which has over 218 million mobile wallet users, to the newly incorporated entity -- PPBL -- under the payments bank licence awarded to Vijay Shekhar Sharma, the founder of One97 Communications that owns Paytm.
Paytm is just embarking on building a TaoBao like entity in India, it may want to address a challenge that the latter faced a few years after its launch.
Uber is locked in an intense battle with market leader Ola, which counts Didi as an investor.
These stocks are overvalued and, therefore, one should not adopt a buy and hold strategy.
In about a year, top e-commerce companies are expected to raise as much funds as the three sector leaders raised in about five years.
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.
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.
Overall, cumulative direct investment from China stood at just $2.05 billion till June 2018, according to consolidated DIPP figures
The 2016 upstart, called Jio, dislodged rivals and has emerged as the nation's No. 4 carrier by offering call services free for life and data transmission at dirt cheap rates.
For the traditionalists, wars on Twitter and Facebook smack of immaturity.
Accuses foreign-funded competition of 'capital dumping' to capture market, bats for stronger regulations for sector.
Reserve Bank of India Governor Raghuram Rajan took charge of India's central bank when the rupee seemed to be in a tailspin while the country was facing runaway inflation.
Private Equity investment in Q1, 2015 witnessed a year- on-year jump of 30 per cent to $2.6 billion.
Reliance has announced that it will roll out its e-commerce platform to as many as 1.2 million retailers and store owners in Gujarat. This is part of a nationwide roll-out that will come later this yea, reports Viveat Susan Pinto.
Mumbai is the most hard working city in the world. Mumbaikars work for an average of 3,315 hours annually. In comparison, a full-time employee in Beijing works for an average of 2,096 hours a year, says Shyamal Majumdar.
Fragmented polity will make it impossible for India to realise its will because weak governments are unable to take hard decisions, the NSA said.
Flipkart eyes another $500 mn from eBay, which seeks to merge India ops with it and exit business
Not chasing IIM-A graduates whose joining dates have been deferred by rival Flipkart, says the company
The numbers in India may not be as big but the opportunity for serious growth is all there.
A summary of sports events and sports persons, who made news on Wednesday
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Modi has plenty of opportunities to test out his strategy. Chinese President Xi Jinping and Australian Prime Minister Tony Abbott will visit India this month, and Modi will fly to Washington towards the end of September for a summit with US President Barack Obama.
Flipkart will need $2 bn annual profit to make Walmart investment viable, which will mean yearly revenue of $100 bn
The new feature is up and running in Nagpur, Guwahati and Jodhpur
Long before he launched Paytm, Vijay Shankar Sharma, a 32 year old from Aligarh, embarked on his ambitious entrepreneurial journey.
The Tata group is planning a big splash.
The bilateral trade between India and China stood at $65.85 billion in 2013-14.
'Walmart will source globally and more from China and will dump these cheap goods in India, making our country a dumping yard.'
In these times of Rs 2,000 notes and digital payment apps, Syed Firdaus Ashraf tries to book tickets for Dear Zindagi.
Dark pods are physical stores or warehouses which will be accessible only to Swiggy staff and which will host groceries, pharmacies, and cloud kitchens.
Amazon India Country Head Amit Agarwal refers to all talk of mergers as 'noise'. 'All this is a distraction, when the focus should be on the customer,' he says.
Venture capital investments in India's start-ups nearly halved to $1.5 billion in fourth-quarter 2015
Technology infrastructure solves many problems, but it cannot build roads or bridges and provide clean water. However, such activities are essential for human progress, and their creation provides jobs, says R Gopalakrishnan.
For the four new players, the spike in wealth is 126 per cent.
Yuri Milner is focussing on on consumer-driven Internet start-ups.
Arora will resign less than two years since he joined the Japanese Internet conglomerate
Nikesh Arora has an engineering degree in electronics and worked for a brief period at Wipro, selling computers.
Paytm has, since November 8, been on an overdrive, rolling out a series of features on its app including multi-language options for a no-holds barred access across the country. The company is now planning to make Paytm available on all types of mobile phones, going much beyond smartphones.
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