Tag: Paytm

7 Indian startups valued over $1 billion

Flipkart Flipkart as a startup 9 years ago was a company with ambitions in the e-Commerce domain. The company started as an online platform for selling books in 2007 by Sachin Bansal is now valued at $ 15 billion offering a huge range of products categories. Snapdeal Snapdeal the e-commerce compa…

Zopper reaches out to more cities, doubles gross sales

Hyperlocal e-commerce startup Zopper said it is set to more than double its gross sales to $250 million this year as it expands its city reach and at the same time, keeps its portfolio focussed on electronics. Zopper, which allows users to shop from the nearest retail store, said it plans to expa…

‘Make In India’ resonates with Chinese corporates

As India and China squabble over Beijing squashing Delhi’s move at the UN to ban Azhar Mazoor, the alleged mastermind behind northern India terrorist attacks, and New Delhi retaliates by threatening to stonewall the entry of Chinese companies into the country, the ground reality paints a far less…

Paytm leads $10-million funding

Online mobile wallet major Paytm has led the Series-B round of funding for on-demand auto-rickshaw aggregator, Jugnoo, for $10 million (Rs 66.65 crore). Last October, Chandigarh-based Jugnoo had received funding of $10 million from the Vijay Shekhar Sharma-led company. This is the Series-B2 round…

Start-ups milk the IPL cash cow again

Whether you like the Indian Premier League or don’t, there is no escaping the din and crackle surrounding the event this year. And that is exactly what start-ups, paying anywhere between Rs 5 and 5.75 lakh for a 10-second spot on television during the matches, are betting on. The rates, alm…

MagicX raises $1 million, to invest on team expansion

MagicX, an on-demand, chat-enabled, AI-powered app to manage day-to-day tasks, has raised $1 million from marque investors including Kris Gopalakrishnan (Co-Founder, Infosys), Dr Ranjan Pai (MD, Manipal Education and Medical Group), Ramaraj (Co-Founder, Sify), Hari Kumar (Lionrock, Singapore) and…