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.
'One good thing that has come out of all this is that it shown people that online ordering is the way forward.'
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.
The Tiger Global-backed company says the layoffs would affect all teams.
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.
Meru Cabs is in talks with Chinese e-commerce giant Alibaba.
Private labels remain big business for e-commerce marketplaces. They comprise almost 15 per cent of the total business of such firms.
Nikesh Arora has an engineering degree in electronics and worked for a brief period at Wipro, selling computers.
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.
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.
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
The company did not disclose its new holding pattern.
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.
Amazon signed up Motorola as an exclusive brand partner for its new devices, which in turn helped it grow
'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.'
Enguru app's 40-hour programme teaches general spoken English & employability-focused English.
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.'
Dahiya's first internet-based venture to sell insurance failed, but he was convinced digital was the future
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.
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.
Pakistan leadership, he said, is 'riding a tiger on this issue and tiger never spares its own rider'.
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
Yes, India needs desperate measures to kick-start growth. But selling off its lungs to the highest bidder to hack away cannot be the way out, says Sumit Bhattacharya.
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.
There are about 600,000 taxis in India, generating combined annual revenue of about Rs 11,000 crore (Rs 110 billion).
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According to sector officials and watchers, the funding (among the largest so far in the segment) from its existing investors -- Naspers, Accel Partners, Tiger Global and Iconiq Capital -- might be a sign of confidence they have in the company but it's still unsure if it will be enough for Flipkart to turn a corner and become profitable.
Online encyclopedia Wikipedia has a long-term commitment to India and is focussing on bringing more users to its platform by meeting language needs of communities and introducing tools to ease access, a top Wikimedia Foundation executive said. Wikipedia, which is operated by non-profit organisation Wikimedia Foundation, already counts India as its fifth largest market. It gets about 750 million page views a month from the Indian audience.
Ahead of his India visit on February 24-25, Trump said that India has not treated his country 'very well' on the trade front and indicated that a 'very big' bilateral deal with New Delhi may not be signed before the American presidential election in November.
After four years in the making, a band of 20 film-makers were left with 400 hours of footage for what is now India's first blue chip natural history film.
Snapdeal delivers to the Dharavi centre, where buyers pick up their orders.
This is the third investment by News Corp in India.
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