Brand Capital, the investment arm of Bennett, Coleman and Co Ltd (BCCL), which owns The Times of India and The Economic Times newspapers, has invested Rs 150 crore ($25 million) in Meru Cabs. Earlier this month, there were reports of Flipkart selling an undisclosed portion of stake to BCCL. While…
Tag: Flipkart
Virat kohli starts new venture Stepathlon to tackle fitness issues affecting kids
Fitness is the next rising industry in the startup space, given the amount of investor interest they are seeing both from celebrity cricketers and well-known entrepreneurs. Cricketer Virat Kohli on June 28 kicked off a new fitness venture in a joint venture with Stepathlon Lifestyle. The venture,…
Startup ecosystem in Kerala loses sheen, but hope floats
Kerala was the first off the starting block in India to start an IT park in Thiruvananthapuram way back in 1990. But, the state failed to capitalise on the early start as cities like Bengaluru and Hyderabad soon overtook it in terms of IT exports and employment. Four years after Kerala started it…
Paytm to assist sellers in six more local languages
In a move aimed at consolidating its seller marketplace, digital payments and ecommerce platform Paytm has created local language-based services that will help sellers in cataloguing, documentation and loan applications. While automation and providing end-to-end seller services worked well for ma…
Travel startups beat ecommerce marketplaces in funding race this year
Startups in travel business have received more funding than ecommerce marketplaces so far this year, according to data sourced from research firm Tracxn. Travel startups have received $366,450,000 while ecommerce marketplace startups have received $357,831,100 in funding since the beginning of 20…
No funds crunch for fashion startups
Fashion startups are in vogue this season. Despite the current funding crunch dogging the Indian startup space, startups specializing in fashion are drawing huge investor interest. In May alone, several fashion startups including 6Degree, Blinge, Shopwati, Hoppingo and Coutloot raised funds from …
I foresee a lot of automation & intelligence coming out of cloud telephony use-cases | S Ganesan, CEO & Co-Founder, Exotel
In this growing era of development, Cloud telephony is poised to change the way businesses look at customer communications.Cloud telephony refers specifically to voice services where they deliver scalability and reliability, allowing businesses to communicate better with their customers and vendo…
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…
Amazon Prime to roll out in India in June
Amazon will debut its membership Prime service in India next month, says a tech blog that has obtained the information by looking at the source code of the Amazon India website. The blog, Maktech, said the source code reveals that the Prime service will have a dedicated landing page that is yet t…
Startups nudge staff to change work culture
Employees at startups, which were once fledgling firms but are now established in their fields, are being given challenging KRAs, key result areas to measure performance outcomes. A highly competitive operating environment is driving this shift towards a new work culture. While Bigbasket has told…