Snapdeal had appointed merchant bankers for listing on an American stock exchange
Currently the average expected time of arrival for Ola vehicles is five minutes.
With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.
Priyanka Chopra Jonas is all set to star opposite British actor Richard Madden in Amazon Studios' upcoming thriller series Citadel.
In the start-up world, hitting the $1-billion mark, which accords the "Unicorn" tag, is a milestone. Enterprises typically reach the milestone only by series C or series D, or three to four funding rounds later. Zeta achieved it at the first one. On May 25, the six-year-old banking tech firm raised $250 million from Japanese conglomerate SoftBank, at a post-money valuation of $1.45 billion. "This is the first time we have raised institutional money," Zeta co-founder Bhavin Turakhia beamed on the conference call. This trajectory is uncommon in start-ups.
Smriti Mundhra's documentary The Romantics has many, many, gems about one of Bollywood's most successful film-makers and more importantly, his iconic father, Yash Chopra.
Move over 3D, 4D and 5D. Cinema is now eyeing the metaverse experience. On February 15, Bollywood producer Vashu Bhagnani's production company, Pooja Entertainment, forayed into the metaverse and bought its first piece of virtual land. The space, called Poojaverse, will be a virtual area where the company will create an immersive experience for moviegoers, starting with BadeMiyan ChoteMiyan, starring Akshay Kumar and Tiger Shroff. Promotional events for the film, slated for release on Christmas 2023, will be held in the metaverse, says the company. The metaverse might still be in its infancy, but producers like Deepshikha Deshmukh say, "The ecosystem will only grow from here. "Metaverse will soon be the go-to place for everything virtual related to films."
A slew of Indian firms, including Flipkart, Byju's and Zomato, is building a path to profitability and diversifying into newer business segments ahead of mega-IPO plans.
The Tiger Global-backed company says the layoffs would affect all teams.
The bourse's valuations may get a boost, as it gets set for its OFS of about Rs 10,000 crore.
Comment by SoftBank board member sets off talk of Ola-Uber merger.
'One good thing that has come out of all this is that it shown people that online ordering is the way forward.'
Zopper, a price comparison site, with 2,000 online and 200,000 offline merchants on board, aims to increase user activity 100 times in 3 years.
If there is a morality tale here, it is that debt and death spare no king.
Meru Cabs is in talks with Chinese e-commerce giant Alibaba.
Nikesh Arora has an engineering degree in electronics and worked for a brief period at Wipro, selling computers.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
UrbanClap's business model is still a work in progress.
Tiger Ramesh, CEO of CSS Corp, talks about his life as a serial entrepreneur, how he progressed in his long career, his success mantras, dos and don'ts for start-ups, why he sold out of his wildlife resorts venture and why he chose to head CSS instead of joining one of the top three Indian IT behemoths at senior management level.
The new deal will value Flipkart at close to $19 billion on the secondary market, a huge jump from Walmart's initial offer to investors.
Rupert Murdoch-led News Corp has acquired 25 per cent stake in real estate portal PropTiger.com for $30 million.
Start-ups that did not have a business model and, hence, could not grow or attract new funding, are shutting shop.
While the redeployment of talent from companies that have shut down into other start-ups is a great move, some say the gesture is gaining more visibility than the actual companies
India's real estate industry staged a rebound from 2020's downturn, with housing sales seen rising by over 50 per cent. The performance, though short of pre-COVID levels, has property developers hoping for stronger gains in the New Year and the beginning of a long upcycle. A strong foundation has been laid this year for revival in the Indian real estate sector, which is projected to reach $1 trillion mark by 2030 from $200 billion in the pre-pandemic year.
The company did not disclose its new holding pattern.
Amazon signed up Motorola as an exclusive brand partner for its new devices, which in turn helped it grow
In the career spanning half a century, the actor featured in many critically-acclaimed and commercial blockbusters such as The Hunt for Red October, Indiana Jones and the Last Crusade, Murder on the Orient Express and The Rock.
Enguru app's 40-hour programme teaches general spoken English & employability-focused English.
'We therefore support all sporting icons and role models who are today leading the way in peacefully protesting and standing against the scourge of racism and injustice.'
Former Australia captain Steve Smith will return to cricket after the ball-tampering scandal as a marquee player at next month's Global T20 Canada league.
'When Sultan released, I got greedy. I decided to make another film with Salman because he gets me a lot of box office.'
With aggressive brand-building initiatives, the companies' advertising budgets ahead of Diwali is understood to have seen a 15% spike
The European Union on Tuesday stepped up pressure on Sri Lanka to probe alleged human rights abuses during the 25-year ethnic war that came to an end after the defeat of the Tamil Tigers.
Dahiya's first internet-based venture to sell insurance failed, but he was convinced digital was the future
The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.
LocalOye is a Bengaluru-based marketplace for local household and personal service providers.
If Sachin Bansal sells his stake at a little over 5 per cent and steps down from Flipkart, as reports have suggested recently, either Binny Bansal or Kalyan Krishnamurthy, CEO of Flipkart, could be an option for the leadership position.
The first quarter of 2018 saw infrastructure and real estate drive investment worth close to $8 billion across 180 deals
Pakistan leadership, he said, is 'riding a tiger on this issue and tiger never spares its own rider'.
The ban on taxi aggregators can put at risk investments of at least Rs 2,000 crore (Rs 20 billion), made by private equity (PE) and venture capital (VC) investors.
