News for 'Tiger Global'

'We are going to be an AI-first company'

'We are going to be an AI-first company'

Rediff.com19 Jan 2024

'GenAI has democratised the AI conversation. I do not know of a single client who is not interested in that conversation.'

Tiger poaching: China under the lens

Tiger poaching: China under the lens

Rediff.com9 Dec 2009

"The year 2010 is the year of Tiger in China, which will put more pressure on poaching in China," said Jairam Ramesh.

Are Newbie Investors Prepared For Market Turbulence?

Are Newbie Investors Prepared For Market Turbulence?

Rediff.com28 Dec 2023

We have millions of newbie investors who are clueless about how to handle sudden and severe adverse market reactions, which arrive from time to time, observes Debashis Basu.

Flipkart rejigs top management, CFO leaves the company

Flipkart rejigs top management, CFO leaves the company

Rediff.com4 Nov 2014

Myntra founder Mukesh Bansal takes over as marketing chief.

Govt sets up high-level 11-member panel to oversee cheetah project

Govt sets up high-level 11-member panel to oversee cheetah project

Rediff.com26 May 2023

The Centre has set up an 11-member high-level steering committee to review and monitor the progress of the cheetah reintroduction programme and provide suggestions on the opening of the cheetah habitat for eco-tourism.

Flipkart raises $3.6 billion; valuation hits $37.6 bn

Flipkart raises $3.6 billion; valuation hits $37.6 bn

Rediff.com12 Jul 2021

Flipkart Group on Monday said it has raised $3.6 billion (about Rs 26,805.6 crore) in funding led by GIC, Canada Pension Plan Investment Board (CPP Investments), SoftBank Vision Fund 2 and Walmart, valuing the e-commerce giant at $37.6 billion. The company, which competes with Amazon, Reliance Industries' JioMart and others in the burgeoning Indian e-commerce market, said it will continue to make deeper investments across people, technology, supply chain and infrastructure to address the requirements of a rapidly growing consumer base in the country. The current funding round has also seen participation from sovereign funds DisruptAD, Qatar Investment Authority, Khazanah Nasional Berhad as well as marquee investors Tencent, Willoughby Capital, Antara Capital, Franklin Templeton and Tiger Global.

It's official! Cricket will be played at the 2028 LA Olympic Games!

It's official! Cricket will be played at the 2028 LA Olympic Games!

Rediff.com16 Oct 2023

'Baseball/softball, cricket (T20), flag football, lacrosse (sixes) and squash will be in the programme at LA28.'

Akshay, Hrithik, Tiger: Top 10 At Box Office

Akshay, Hrithik, Tiger: Top 10 At Box Office

Rediff.com2 Jan 2020

Also featuring Salman Khan, Ayushmann Khurana, Shahid Kapoor, Ajay Devgn, Vicky Kaushal, Karthik Aryaan, John Abraham.

'Pathaan Has Brought Our Zest Back'

'Pathaan Has Brought Our Zest Back'

Rediff.com10 Apr 2023

'Today, the risks have risen.' 'So stars need good content and good content needs stars.' 'It is now X+Y (star + content) not that X is greater than Y or Y is greater than X.'

Vedantu gives pink slips to 385 employees in 3rd round of layoffs this year

Vedantu gives pink slips to 385 employees in 3rd round of layoffs this year

Rediff.com8 Dec 2022

Edtech unicorn Vedantu has laid off 385 employees, nearly 11.6 per cent of the company workforce, according to sources. This move is being seen as part of a drive in the edtech sector towards profitability via cost-savings and consolidation, as funds dry up, they said. The Bengaluru-based firm has laid off over 1,100 employees (both full-time and contractual), so far, this year.

Walmart-Flipkart negotiations enter final lap

Walmart-Flipkart negotiations enter final lap

Rediff.com4 May 2018

Walmart is likely to buy stakes of multiple Flipkart investors, including that of Tiger Global Management and Softbank to end up with a significant majority holding

'We are building Kia 2.0. India is a long-term bet for us'

'We are building Kia 2.0. India is a long-term bet for us'

Rediff.com17 Nov 2023

'India is the sixth-largest market for the Kia Corporation, and contributes 8 to 9 per cent to our global sales.' 'We are eyeing 10 per cent market share over the next few years depending on customer demand and new product innovations.'

Vedantu lays off 424 employees as it expects a scarcity of capital

Vedantu lays off 424 employees as it expects a scarcity of capital

Rediff.com20 May 2022

Edtech unicorn Vedantu has laid off 424 employees, about 7 per cent of its workforce, according to a blog post shared by the Bengaluru-based firm. This comes as the focus in the edtech space has shifted to profitability, according to experts. The lay-off comes days after the company fired 200 contractual and full-time employees, at a time when offline schools and colleges are opening up and learning is evolving into a more nuanced blended delivery model with a mix of online and offline.

Cricket in Olympics: Multi-billion dollar broadcast market, BCCI's push and ICC pitch perfect presentation

Cricket in Olympics: Multi-billion dollar broadcast market, BCCI's push and ICC pitch perfect presentation

Rediff.com16 Oct 2023

A multi-billion dollar broadcast market, the game's most powerful board's positive intent and a perfect pitch by the global body based on a three-fold 'U-P-L' principle ensured cricket's inclusion in the 2028 Summer Olympics in Los Angeles.

Trudeau mum on India's sharp reaction to Canada's charge

Trudeau mum on India's sharp reaction to Canada's charge

Rediff.com21 Sep 2023

India has strongly rejected Trudeau's statement made in the Canadian Parliament and said "allegations of Government of India's involvement in any act of violence in Canada are absurd and motivated."

Fund-raises by fintechs slowed by 47% in 2022

Fund-raises by fintechs slowed by 47% in 2022

Rediff.com20 Mar 2023

Recently, Slice, a payment app, acquired a 5 per cent stake in North East Small Finance (NESF) for $3.42 million - the first such deal by a fintech in a small finance bank. Slice (valued at $1.5 billion, and backed by Tiger Global, Blume Ventures and Axis Bank) will technically get a toehold in a scheduled commercial bank if NESF were to get a licence to morph into one down the line Such a transition is well within the banking regulator's declared framework. The transaction has to be seen in a larger context.

How diplomatic row with Canada will test Indo-US ties

How diplomatic row with Canada will test Indo-US ties

Rediff.com19 Sep 2023

Experts say Canada's allegations regarding the Indian government's involvement in the fatal shooting of Khalistan Tiger Force chief Hardeep Singh Nijjar in Canada 'could be most significant test of strength of US-India partnership since early 2000s'.

Jan to Sep VC investments down nearly 17% YoY to $6.5 billion

Jan to Sep VC investments down nearly 17% YoY to $6.5 billion

Rediff.com28 Oct 2020

Education topped the table with nearly $1.755 billion as against $379 million last year, followed by real estate which received $754 million.

Ola rewards employees with Rs 400-cr stocks

Ola rewards employees with Rs 400-cr stocks

Rediff.com29 Jul 2021

SoftBank-backed mobility firm Ola, announced expansion of its employee stock options (ESOP) pool to Rs 3000 crore. Ola is also allocating an additional Rs 400 crore worth of stocks to employees in the run up to its IPO. The allocation rewards Ola's high impact employees and will lead to long term wealth creation for them.

South Asia outpaces Tiger economies

South Asia outpaces Tiger economies

Rediff.com28 May 2009

Growth in the east Asia region would be dragged down by the poor performance of countries like Thailand, Singapore and Malaysia.

Trudeau refused presidential suite, stayed at hotel's regular room during G20

Trudeau refused presidential suite, stayed at hotel's regular room during G20

Rediff.com21 Sep 2023

Trudeau stayed at the Lalit Hotel in the national capital during his stay for the G20 Summit.

Xi's China Dream Gets India Pushback

Xi's China Dream Gets India Pushback

Rediff.com15 Sep 2023

As India's stock rises, the resolution of the border row may become even more difficult, warn Harsh V Pant and Kalpit Mankikar.

CoinSwitch holds Rs 1,083 cr of users' assets

CoinSwitch holds Rs 1,083 cr of users' assets

Rediff.com7 Jan 2023

CoinSwitch has 7.21 times more cash holdings in rupees, compared to that held by its users on its platform.

Primary market revival is still some time away, say analysts

Primary market revival is still some time away, say analysts

Rediff.com8 Sep 2022

It has been a slow 2022 thus far for the primary markets. In the last 8 months, only 16 companies have raised Rs 40,311 crore via the initial public offer (IPO) route, data from PRIME Database suggests. In comparison, 63 companies had raised a cumulative Rs 1.18 trillion via the IPO route in 2021. A large part of the funds raised in 2022 were on account of the two IPOs - Life Insurance Corporation of India (LIC) and logistics firm Delhivery - that raised a total of over Rs 26,000 crore between themselves.

What Zomato, Ola, Paytm Need To Learn

What Zomato, Ola, Paytm Need To Learn

Rediff.com19 Jul 2022

Start-ups don't care that mad-money funding comes to a hard stop after an IPO, observes Debashis Basu. As a listed entity, corporate actions have to take the interests of all shareholders, especially minority shareholders, into account. So far, we are not seeing any sign of it, observes Debashis Basu.

'India may have got its tiger success story wrong'

'India may have got its tiger success story wrong'

Rediff.com24 Feb 2015

A new study has indicated that methods commonly used in censuses of tigers and other rare wildlife put the accuracy of such surveys in doubt.

Top 5 PE deals this year

Top 5 PE deals this year

Rediff.com7 May 2015

@015 has been a good year so far in terms of importan private equity deals.

SoftBank charts mega expansion plan for Delhivery

SoftBank charts mega expansion plan for Delhivery

Rediff.com25 Mar 2019

With funds from SoftBank, Delhivery plans to rapidly scale up its reach from 15,000 pin codes to 20,000 by the June quarter of 2019-20.

India vs China: Battle of the tigers

India vs China: Battle of the tigers

Rediff.com14 Oct 2011

It is no secret that India and China are in a race to become the biggest Asian tiger.

China's tech crackdown may be good news for Indian start-ups

China's tech crackdown may be good news for Indian start-ups

Rediff.com2 Sep 2021

The Chinese government is imposing severe restrictions on their tech companies - whether it is on data security, marketing practices or floating an IPO. Should this be music to the ears of Indian start-ups and home-grown private equity (PE) funds? Ask Indian start-ups and the answer is a resounding "yes".

Founders run the company, not investors: Flipkart CEO

Founders run the company, not investors: Flipkart CEO

Rediff.com1 Aug 2014

Flipkart, the poster boy of Indian e-commerce, hit a new high by raising $1 billion (about Rs 6,000 crore) in the latest funding round, led by existing investors Tiger Global Management and Naspers.

Biggest PE deals in 2014

Biggest PE deals in 2014

Rediff.com1 Jan 2015

2014 saw some of the biggest PE deals.

Zomato eyes grocery rollout, invests $100 mn in Grofers

Zomato eyes grocery rollout, invests $100 mn in Grofers

Rediff.com9 Jul 2021

Food ordering platform Zomato, whose Rs 9,375 crore IPO opens on July 14, is planning to launch a grocery section on its app soon, a senior company official said. The company recently invested USD 100 million (around Rs 745 crore) for acquiring a minority stake in grocery delivery platform Grofers. "It (grocery) is a large opportunity. The online grocery is nascent right now but is growing rapidly not just in India but across the world... "We are actively experimenting in that space and recently invested $100 million for a minority stake in Grofers, with the idea of getting more exposure to that space and building our strategies and plan around that business," Zomato CFO Akshant Goyal said.

Flipkart in kitty, Walmart plans IPO in 4 years

Flipkart in kitty, Walmart plans IPO in 4 years

Rediff.com13 May 2018

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.

Byju's raises over Rs 363 cr from Maitri Edtech, IIFL arm

Byju's raises over Rs 363 cr from Maitri Edtech, IIFL arm

Rediff.com22 Jun 2021

Edtech major Byju's has raised over Rs 363 crore (about USD 50 million) in funding from Maitri Edtech and IIFL's private equity fund, according to regulatory documents. Over the past few months, Byju's has raised funding from a slew of investors that has placed the edtech major among the most-valued start-ups in the country. Byju's is estimated to have raised about $2.3 billion in funding so far with valuation touching $6.5 billion.

Can Flipkart 2.0 beat Amazon?

Can Flipkart 2.0 beat Amazon?

Rediff.com11 Aug 2017

After raising $2.5 billion from SoftBank's Masayoshi Son and his Vision Fund, Sachin Bansal and Binny Bansal are back in the driving seat at Flipkart, the company they founded over a decade ago.

Sunak dials Trudeau, asks him to de-escalate row with India

Sunak dials Trudeau, asks him to de-escalate row with India

Rediff.com8 Oct 2023

Both leaders agreed to stay in contact as Sunak reaffirmed the UK position of respect for the rule of law after Canada's allegation of Indian involvement in the killing of a pro-Khalistan wanted terrorist.

Major General S C N Jatar: An Unsung Hero

Major General S C N Jatar: An Unsung Hero

Rediff.com25 Oct 2023

Major General S C N Jatar, who passed into the ages on Monday night, thwarted anti-national forces at the peak of the Assam agitation. Colonel Anil A Athale (retd) salutes this officer and gentleman.

Why Check and Balances Is Important In Finances

Why Check and Balances Is Important In Finances

Rediff.com28 Sep 2023

While managing their finances, individuals can make it a rule to seek advice from an expert or feedback from a trusted colleague or friend.

Cheetah safari in Kuno will start from Feb: MP CM

Cheetah safari in Kuno will start from Feb: MP CM

Rediff.com11 Jan 2023

Eight cheetahs from Namibia were released into the park in September last year as part of an ambitious project to revive the extinct cheetah population in the country.