India’s internet companies are raising their voice against the equalization levy also termed ‘Google tax’ that was imposed in last budget even as the finance minister is expected to widen the tax net for such a levy. Internet and Mobile Association of India (IAMAI) which has members s…
Tag: OLX
PayU to invest in consumer lending start-up ZestMoney
Naspers-owned online payments platform, PayU is leading a financing round in consumer lending startup ZestMoney, people familiar with the development told. The $3.7 million fund raise will give PayU a 20% stake in ZestMoney and see existing investors Ribbit Capital and Omidyar Network also partic…
Indian social classified start-ups welcome FB’s marketplace launch
Ahmedabad: Indian social classified startups like Fxchng.com, Listup and Yappily are hopeful that with Facebook launching its Marketplace, a hyper-local & community-driven online shopping that matches local buyers and sellers, will validate the concept, there would be an increase in acceptanc…
Amazon launches used-goods platform, takes on Quikr, Olx
BENGALURU: Now you can sell your used goods on Amazon . Junglee , a subsidiary of the Seattle-based e-commerce firm, has kickstarted a pilot which lets an individual sell second-hand goods across different categories like mobile phones, tablets, pre-owned watches, books, among other such items. C…
“Quikr Doorstep” to offer end to end platform facility
Classifieds portal Quikr said it would expand from listings and offer an end-to-end platform facilitating price negotiations, payment, pickup and delivery, as it looks to monetise its business. The company has launched “Quikr Doorstep” in 25 cities across mobile phones, electronics ap…