Paytm has introduced Hindi interface on its seller app to expand seller base in tier-II and III cities. The interface will also help the marketplace scale-up its online-to-offline business for shipping large appliances and electronics beyond the current base of 10 cities. “The top-10 cities…
Tag: Flipkart
Robotics firm Systemantics gets next round of funding from Nandan Nilekani
Robotics firm Systemantics, which builds industrial robots for the manufacturing sector, has raised another round of funding from venture capital giant Accel Partners and Infosys Co-Founder Nandan Nilekani, a few years after it received backing from investors such as Blume Ventures. Systemantics,…
Ratan tata invests in home rental network NestAway
Tata Sons chairman emeritus Ratan Tata has invested an unspecified amount in NestAway Technologies Ltd, the leading home rental network firm said on February 28. “As a pioneer in home rental network, NestAway promotes furnished and managed apartments and provides them at affordable prices t…
Google’s Waze exploring tie-ups with local startups
Israel-based mapping and navigation company Waze, which was acquired by Alphabet’s Google in 2013, is planning a stronger foray into fast-growing internet market in India and is exploring tie-ups and partnerships with local startup poster boys such as Ola and Flipkart, according to a top Wa…
Start-up backed by Flipkart founders, Tiger Global unveils electric scooter
Ather Energy, Bengaluru-based automotive start-up backed by Flipkart founders and Tiger Global, unveiled its first smart electric scooter S340 on February 23. The price of the scooter is yet to be decided and it will be available only through Ather’s website by the end of this year. The S340 has…
SigTuple raises seed fund from Flipkart founders and Angel Investors
Bengaluru-based medical technology startup SigTuple, which was founded by former American Express executives, has received a round of seed investment from wide-ranging and prominent investors including Flipkart founders Sachin and Binny Bansal, venture capital giant Accel Partners and other angel…
‘Silicon Valley Spirit’ guides policy-makers, Start-Ups look for a deal
Start-ups have little doubt that this Union Budget will deliver. But they are keeping their fingers crossed for much more; they hope their freedom is not curtailed by reams of policy. Setting the tone, Prime Minister Narendra Modi had decisively looked at Finance Minister Arun Jaitley at Vigyan B…
Flipkart launches instant-cataloguing service spot-list for SMEs
The Indian e-retailer Flipkart on February 17 announced the nation-wide launch of Spotlist. It’s a service that offers instant cataloguing and listing for small-scale sellers and artisans in India. The company expects to provide small-scale sellers with professional assistant to catalogue t…
Indian ecommerce market to grow fastest globally over 3 years | Morgan Stanley
India received $6.6 billion in venture capital and private equity investment in 2015, a 50% increase from the previous year, which probably contributed to a steep growth in the gross merchandise value for ecommerce companies, Morgan Stanley said. The GMV of the country’s top three ecommerce…
A new app for choosing gifts
From shopping to hiring a cab, from ordering food to addressing your grievances, today, there is an app for almost everything. Similarly, in the gifting space you have apps, but most fail to solve problems around what to gift, how to gift and in short -making gifts more relevant. “We carrie…