Lately, there is a bit of China in some of the top Indian startups, from e-commerce platform Snapdeal and mobile wallet giant Paytm to ride sharing company Ola and travel portal MakeMyTrip. In the last year or so, India’s startups have seen an influx of investments from China’s top technology fir…
Tag: Ibibo group
World Tourism Day Special: Travel start-ups to spin the tourism era
Travel based startups have of late been getting more funding than even e-commerce portals. Travel startups are also witnessing a boom for past two years. According to research firm Tracxn’s data, first half of this year saw $457.67 million in funding versus $75.4 million during the same period in…
CarTrade to venture into used-car financing
Auto classifieds site CarTrade wants to make it easier for buyers of used cars to get loans. It’s currently piloting a project to promote institutional financing of such vehicles. “There are 3.5 million used cars sold every year in India, out of which not more than 10% are financed by…