We Sold Our Payments And Logistics Businesses For Less Than What They Were Worth: Snapdeal
Snapdeal had raised eyebrows when it had sold off several of its non-core businesses in quick succession a few years ago, and CEO…
Category: Startups
Flipkart Lost Rs. 15 Crore Per Day Last Year
It’s common knowledge that Indian e-commerce companies are currently bleeding money, but it’s hard to appreciate how much money they’re really losing. Two…
Former Unicorn ShopClues Gets Acquired By Singapore-Based E-Commerce Platform For $70-100 Million
Becoming a unicorn is thought to be a badge of honor for a startup — the $1 billion valuation is thought to herald…
Paytm Money’s Beta Version Now Lets Users Buy Shares In Companies
Paytm has sought to disrupt many industries over the last decade — payments, movie tickets, event bookings, and even gold purchases. But it might…
Reliance Has Created A $24 Billion Holding Firm To Dominate India’s Digital Space
It had been long clear that Jio was just the beginning, and Reliance always had its eyes set on a large digital play….
With Two Months To Go, Indian Startups Have Already Raised More Money In 2019 Than In Any Year Prior
The Indian economy is supposed to be in a slowdown — auto sales are down, consumer confidence is low, and the stock market…
Delivering In Small Towns Has Better Unit Economics Than Delivering In Larger Cities: Zomato
For several years, Indian startups have bemoaned what they call the “India 1-2-3” phenomenon. India’s urban elite, or India 1, have rapidly adopted…
China Has More Unicorn Startups Than The US For The First Time In History
It truly is a changing of the guard. For the first time in modern history, China has more unicorn startups than in the…
How Infibeam Had Tried To Buy Out Flipkart In 2008, And Offered Sachin And Binny Bansal A Salary Of Rs. 15,000
Flipkart is now known for being India’s most successful startup story — two young IIT graduates set up a company, raise large sums of…