Hyperlocal delivery start-ups, including food-tech and logistics companies, together garnered $270 million in funding in 2015, but the sector has also seen a massive correction in the form of closure. Photo: Ramesh Pathania/Mint With investors […]
Photo: Priyanka Parashar/Mint What to watch out for New online marketplace rules fail to halt discounts, for now If you were worried that the new government rules for Internet companies will mean the end of […]
Photo: iStockphoto Drivojoy raises Rs4 crore from IAN, others On-demand two-wheeler repair platform Drivojoy on Wednesday said it has raised Rs.4 crore from the Indian Angel Network (IAN). Others who participated in the round include […]
E-commerce company Flipkart’s decision to invest in logistics start-up QikPod shows that online retailers are experimenting with different avenues to find a suitable model to cut delivery costs. Photo: Ramesh Pathania/Mint As the e-commerce market […]
Photo: iStock What to watch out for: • Flipkart invests another Rs.338 crore in its fashion portal Myntra: In an attempt to boost its leadership position in the fashion segment, Flipkart has infused Rs.338 crore […]
The Morgan Stanley markdown brings Flipkart’s valuation down to about $11 billion from the $15.2 billion the company claimed when it raised its last round of funds. Photo: Hemant Mishra/Mint In late October, Silicon Valley […]
Nasscom also sought steps to increase investments in start-ups. New Delhi: Software lobby Nasscom on Wednesday proposed that all start-ups be exempted from direct and indirect taxes to reduce compliance burden and cash outflows. In […]
Photo: Bloomberg Beijing: Baidu Inc. is in talks to invest in Indian e-commerce start-ups, including Zomato, BookMyShow and BigBasket, a spokesperson for China’s top online search provider said on Wednesday. “The Indian market represents an […]
In August, while delivering the Independence Day address from the ramparts of the Red Fort, Modi floated the slogan “Start-up India, Stand up India” to encourage innovation and entrepreneurship among young people. Photo: Bloomberg New […]
According to the Amrita University’s incubation centre, it has so far mentored 181 start-up ideas, built 31 products, filed for five patents and trained 6,700 students, and incurred zero loss from its investments. Chennai: Four […]