The deal brings the two start-up stalwarts - Bansal and Ola co-founder and chief executive officer Bhavish Aggarwal - together in the backdrop of growing foreign control in this space.
iPhone, which accounts for just 3% of sales in India's 100 million-plus annual smartphone market, plans to partner an existing player
Zee and Star, the two largest media companies in India, are undergoing some radical ownership changes. What could it mean? Vanita Kohli Khandekar attempts an answer.
Google boss's absence at US-China internet forum meet raises eyebrows.
The company has been a part of the start-up ecosystem in a big way from early stages right up to when the companies start achieving full scale.
Uber is locked in an intense battle with market leader Ola, which counts Didi as an investor.
In a filing with the US Security and Exchange Commission on Friday, Walmart said it would allow the initial public offering of Flipkart in four years at a valuation no less than what it invested in the e-commerce firm, if a grouping of minority shareholders asks for it.
Wang ranked second on the list this year, with a fortune of 145 billion yuan.
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.
It's also among the top five most valuable Internet companies in India, reports Yuvraj Malik.
It already works with Chinese smartphone maker Xiaomi, online shopping giant Alibaba Group , white goods producer Qingdao Haier and flag carrier Air China to target customers abroad.
Multi apps will be designed by taking core parts of the Hike product and remoulding them into creating new apps, each delivering one service -- Social and Messaging in one and Content in another, report Patanjali Pahwa and Karan Choudhury.
From PhonePe to Jio, everyone wants to be a Super App but it is still unclear if they will actually work in India.
Its share among top three e-commerce players grew to 57% in March 2017 from 45% in June 2016
The new entrants are young, enterprising Chinese men and women who want to tap into the promising Indian market.
Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals
For the first time, China released videos showing how Islamic militants are using the internet to incite terror activities in the country that has witnessed a series of attacks, including one at the iconic Tiananmen Square in Beijing.
More opportunity awaits in India, thanks to decent economic growth with a rising middle class that's just discovering the web through smartphones
A definitive guide to the movers and shakers who sit at the helm of the Asian sports boom.
New inventions allow Tencent Holdings' WeChat users to book taxis, top up phone credit, while Clone Algo's YAY App users are able to talk and chat free besides being able to apply for online for micro loans and use Clone Algo trading algorithms.
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.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
Swiggy is following a path that seems similar to what Meituan, one of China's largest O2O (online-to-offline) platforms that delivers food, sells movie tickets and offers hotel reservation, has done so far, reports Patanjali Pahwa.
The Taiwanese government is investigating whether Xiaomi Inc, China's leading smartphone company by domestic shipments, is a cyber security threat and will make a decision within three months.
Yuri Milner is focussing on on consumer-driven Internet start-ups.
Just when stocks are seen as invincible, we should worry, warns Akash Prakash.
WeChat fastest growing at 2,364%, though WhatsApp still dominates, reveals a study by GlobalWebIndex.
Estimates suggest Sina Weibo has over 500 million users.
Meru Cabs is in talks with Chinese e-commerce giant Alibaba.
Both are focused on the overall transportation business, in which taxi services are only a part; the extended ambit includes autos, motorbikes, cycles, electric vehicles, water transport as well as food delivery services, says Surajeet Das Gupta.
'The pressure on relative performance and the feeling of being left out among many investors may also account for the belief among many that this has to be a technology stock bubble.' 'The feeling of a bubble is also reinforced by the extreme performance gap between growth and value investing.' 'While at first glance, one can only stand back awestruck by the wealth creation delivered by technology stocks globally. It does not seem at all like the internet bubble of 1999-2000, says Akash Prakash.
With a new $100-billion technology fund, SoftBank is likely to go after market leaders.
'The American fear of the Chinese military is overblown. The countries that should be concerned are China's neighbours,' Jeffrey Wasserstrom tells Rahul Jacob.
The 24-hour delivery offer applies only to select postal codes and is not available across the country.
Every day at 9 am, five 20-somethings who live in a 4-bedroom apartment in Bengaluru have a session with their physical trainer. After a workout, they spend the next 8 to 10 hours in their spacious living room, headphones in place and computer screens in front of them. Their salaried job: To play video games for the rest of the day.
Stay ahead of the game; learn the tricks from Ecom king Jack Ma.
'We are against Alibaba investing in Paytm.' 'We are against the concessions given to Paytm.' 'In fact, we want Paytm to close down because of its alliance with Alibaba.'
Tax demands and regulatory hassles, coupled with low internet density and sundry other problems, would have kept Mr Ma awfully busy - and small.
Like China, India needs to encourage 'hacker clubs' in view of the challenges of virtual terrorism, says Lieutenant General Prakash Katoch (retd)
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