He said he will be 'cheering from the outside' and urged Flipkart team to continue with the momentum.
While New Jersey, US-based OrbitBeyond leads a consortium of subcontractors who have designed and developed hardware for deep space missions, Bengaluru-based Team Indus is leading OrbitBeyond's lander engineering, reports T E Narasimhan.
The deal that promises to make Flipkart a leading force in fashion segment - estimated at Rs 3 lakh crore - came after hectic weekend parleys.
A 2014 study had ranked IITs as fourth among the top 50 universities globally, whose graduates were entrepreneurial.
Sources said the fresh batch of profiles include students whose date of joining has been delayed by Flipkart.
The identity of the new investor could not be ascertained.
This is the sixth consecutive markdown in the valuation of Flipkart by the US firm.
As Indians scrambled to exchange the banned notes for new currency, Paytm, Sharma's digital payments startup, went on a promotional spree, inviting Indians to start using Paytm's digital wallet to pay for everyday goods and services.
No longer an in-house task; hiring legal eagles is now becoming norm for M&As, fundraising
Becoming a unicorn is surely a marker for a company in its growth story, but it's not a major achievement nor is it a turning point of any significant worth.
Might opt for salaried employment after failure of his latest venture
Nandan Nilekani, Gokul Rajaram at top two spots in value terms
Duterte had consistently led the Time 100 Reader Poll, an online survey in which the publication had asked its readers to vote for who should be included in this year's Time 100 list of the world's most influential people.
'Big Billion Day' scheduled for October 6 is inspired by flat number where co-founders began their journey.
'If the RBI blesses us with a banking licence, we would like to launch a successful bank.'
Internet entrepreneurs are the next big thing in India.
India is the next major breeding ground for start-ups.
Flipkart intends to use the funds for building and strengthening its technology capabilities, bolstering the robust supply chain and developing the talent pool.
Some companies are already seeking review of the new norms.
Prominent print advertisements on Monday pitched Amazon's discount strategy against Flipkart's.
20 occasions she captured our attention.
Investing in start-ups can be highly rewarding, but direct investing is not meant for everyone. For the majority of wealthy investors, taking the private-equity route could still be the better option.
Prime Minister Narendra Modi and industrialist Mukesh Ambani feature amongst the most searched personalities online this year, according to search engine Yahoo.
The total wealth of India's top five billionaires, which stands at a whopping $83.7 billion, is more than the cost of 1,230 Mars Orbiter 'Mangalyaan' Missions and is more than 18 times the cost of hosting the 2016 Rio Olympics
So what's up? Why are so many promoters heading for the door? It cannot be that all of them lost their appetite for a good fight at the same time.And if Naresh Goyal of Jet Airways and Subhash Chandra of Zee Entertainment do bow out, will it be seen as chickening out when the going got tough or the entrepreneurial instinct of surviving to fight another battle waned, wonders Shailesh Dobhal.
Flipkart's appointment of Kalyan Krishnamurthy as CEO and Ola's choice of PepsiCo's Vishal Kaul for COO speaks to the growing trend of bringing in experienced professionals to run business. Karan Choudhury reports.
Myntra CEO Ananth Narayanan, who was earlier against the merger of the two fashion e-tail companies, is learnt to be meeting each Jabong employee one-to-one.
Most of Flipkart's business came from consumer electronics.
Amazon has emerged a competition for posterboy of Indian e-commerce Flipkart.
With regard to his investment in Ola, Bansal said that on the one hand, the ride-hailing major had emerged as a global force in the mobility space and on the other it continued to build deeper for various needs of a billion Indians through its platform. This is the largest funding by an individual in the app cab.
For now Walmart has said it remains optimistic about India. But that could change without prior notice, says Nivedita Mookerji.
Flipkart has started working on it big day sale around six months ago.
Top 100 billionaires see their wealth rise 10%; top 20 account for half of total wealth of top 100.
At that time, co-founders Sachin Bansal and Binny Bansal had made a public announcement at a Bengaluru hotel, about a $1-billion fund raising, largest so far in the Indian e-commerce sector. A day later, Amazon issued a statement that it was investing $2 billion in India.
The community has taken offence to being wrongly stereotyped as watchmen in the ad which also plays on an exaggerated Hindi accent to seem funny
No financial details were disclosed.
These start-ups are different from the ones that have made it big in India.
Sellers on platform listed products out-of-stock on Monday against increased commission, fees on returns.
The top posts on social media from your favourite Bollywood celebrities.
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