The move will establish a level-playing field for domestic investments in start-ups compared to foreign-based sources.
As per market estimates, the new round would value the city-based firm at about $ 4-5 billion.
India seeks greater market access for its products including textiles, pharmaceuticals and bovine meat.
Snapdeal to acquire GoJavas for Rs 200 cr, say sources.
RupeePower aims to become the No 1 originator of financial products.
Idea is to bring millions of small and medium enterprises online by making it easy for them to list and sell.
Indian e-commerce company raises Rs 600 crore in sixth round of funding.
The company aims to bring in a million on-board sellers in the next three years.
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.
Last year, the top 10 investors in the country had put their money in 209 deals, according to the data compiled by VCCEdge based on deals disclosed. This year they put money in only 60 deals.
Nandan Nilekani, Gokul Rajaram at top two spots in value terms
The founding members of The E-Commerce Council of India include Snapdeal, ShopClues, UrbanClap, Shop101, Flyrobe and Fynd, among others.
Ratan Tata has made investments in his personal capacity in more than 15 start-ups over the last 20 months.
Indian start-ups and software product companies are trying to attract engineers and programmers who are either stranded in India because of the lockdown or H-1B visa holders who have been laid off.
India has the highest proportion of CODs at 60% of total orders, compared to 50% in China, 28% in Indonesia, and 24% in Brazil
Recently, e-commerce firms have been under the lens for tax violation.
The Intel Capital India Technology Fund, with a corpus of 250,000, was established in 2005-06 in India through which tech VC has invested a lot in data centre technology, telecom and infrastructure, apart from e-commerce.
Over the past two years, Tata has invested in over 20 start-ups
As part of the partnership, about 1,000 homes across projects in cities like Mumbai, Pune, Ahmedabad, Bengaluru and Chennai will be put up for sale on Snapdeal.
For the four new players, the spike in wealth is 126 per cent.
Mard Ko Dard Nahi Hota Hai actor Abhimanyu Dassani invited his friends over for his birthday over the weekend.
Few angels have seen exits; till that happens, they won't be rushing to invest again.
After welcoming Lord Ganesha home, Arpita and Aayush Sharma threw the doors of their home open for their friends and family.
Are you ready for Ashutosh Gowariker's next historical Panipat?
He said action was akin to holding highway builders responsible for lane violations
Alibaba in talks to invest up to $700 million in Snapdeal
Experts believe more efforts would be needed in future funding rounds.
Snapdeal's new customer acquisition has doubled.
Far from public glare, company is investing in tech firms and providing consultancy.
In a policy paper submitted to US Senators, the Foundation for India and Indian Diaspora Studies (FIIDS) said the excessive delays in the processing of permanent residency applications due to country-wise quota contributed to America's loss of revenue, market leadership and competitive edge.
'For the next three months or so, the market will go down.' 'Traders do not have Rs 100 notes.'
Unlike many peers in the VC space, LSE grad Juneja doesn't have an entrepreneurial background but is said to be strong in finance skills
Snapdeal has been on the deal street for raising fresh funds in order to muscle up for the growing competition in e-commerce.
If the deal goes through, Snapdeal founders will get $60 million (cumulative), of which half will be given to employees.
Not chasing IIM-A graduates whose joining dates have been deferred by rival Flipkart, says the company
Sixty-five per cent of the company's sales are coming from Tier II cities and beyond, says the company CEO.
Tax collection at source would lock in Rs 400 crore of seller money, say Flipkart, Amazon, Snapdeal.
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