Tag: Flipkart

Flipkart set to raise up to $1.5bn amid talks to buy Snapdeal

India’s largest online retailer Flipkart is set to get between $1.2 billion and $1.5 billion in fresh capital from Tencent Holdings Ltd, Microsoft Corp. and eBay Inc.—funding that will provide it ammunition in the high-stakes battle with Amazon India for dominance of India’s e-commerce market. Fl…

Xiaomi wants to incubate hardware start-ups

Bengaluru: Chinese electronics company Xiaomi is looking to incubate hardware start-ups and wants to open more manufacturing units as it sees considerable potential in the world’s third largest consumer market. Lei Jun, Chairman and CEO of the multi-billion dollar privately held company, which ma…

When ‘tourist’ investors pour money in start-ups

I’m taking you on a nostalgia trip. Remember the olden days (2016), when it seemed outlandish investments in technology startups were a thing of the faraway past (2015)? Snap out of it. Just look at the headlines of the past few weeks. China’s on-demand ride king Didi Chuxing is consi…

Is “Make in India, funded by China” the new norm?

If you are a millennial living in the Indian metros, you might be very well accustomed to the following trends: Using Ola for your last ride and paying through OlaMoney; Using Flipkart for buying that mobile on which you installed the Paytm and Snapdeal. What do the companies cited above have in …

Decoding GST: How it will impact Indian start-ups

Even as the government is still deliberating on the list of over 5,000 goods that will be taxed under the upcoming Goods and Services Tax (GST), Indian start-ups have welcomed passage of the Bill, which they feel will simplify conduct of business. Start-ups believe it will simplify taxation in th…

Indian Start-up 2.0 – A progressive perspective

From a formal dining to a privately held house party, the cacophony is incomplete without the much heated discussion about the disarmed & constraining unicorn e-commerce businesses in India today. Disappointing or concerning, jabbering or learning, the word is loud & clear, currently the …

फ्लिपकार्ट में इस साल होंगी 1200 नौकरियों के लिए भर्तियां, स्टॉर्टअप सेक्टर में आया नया विश्वास

भारत की सबसे बड़ी ई-कॉमर्स वेबसाइट नौकरियों के बाजार में फिर से लौट कर आ रही है। कंपनी की इस साल 1200 लोगों को नौकरिया देने की योजना है। भारत में ईकॉमर्स कंपनियों की हालत अभी खराब चल रही है। स्नैपडील ने हाल ही में कई लोगों को नौकरी से निकाला था। इसके अलावा कंपनी […]

Logistics firm BlackBuck raises $70mn from Sands, Accel, others

Bengaluru: Truck aggregator BlackBuck has raised $70 million (Rs 476 crore) from Sands Capital and other existing investors. The company, founded two years ago, has so far raised $100 million and has more than a lakh trucks on the platform. The Bengaluru-based company, founded by logistics profes…