Amazon Has Just Picked Up A 5% Stake In Shoppers Stop For Rs. 180 Crore
Even as rumours swirled about Amazon buying a stake in Big Basket, or Grofers, it has gone ahead and invested in an unlikely…
Category: Startups
Uber Gets Banned In London In Shock Move
Uber’s long list of woes has probably received its most serious addition to date — its service has just been banned in London,…
Aditya Birla Group To Shut Down Abof.com
One of India’s largest corporate houses has had enough of the e-commerce rat race. Aditya Birla Group has announced that it’s shutting down…
Bangalore-Based Chimple Wins $1 Million At Elon Musk’s Global Learning XPRIZE
A little-known bootstrapped startup from Bangalore has just made a mighty splash on the world stage. Chimple, which uses technology to help young kids…
Court Says Stayzilla Had Indeed Defaulted On Dues, Initiates Process To Sell Its Assets
Stayzilla’s remaining assets could soon be sold to pay off its creditors. The Chennai bench of the National Company Law Tribunal (NCLT) has…
Zomato Says It’s Now A Profitable Company
It’s taken nine years, and Rs. 1,500 crore in investments, but Zomato says it’s finally reached an important milestone — the company is finally…
Exclusive: Flipkart Is Offering A Discounted Hotstar Subscription To Take On Amazon Prime Video
Flipkart might’ve just found a way to nullify one of Amazon’s biggest advantages. Flipkart is now offering a discounted Hotstar subscription to its…
After 51 Failed Games, Rovio Created Angry Birds — Now It’s Going Public At A $1 Billion Valuation
The birds might have been angry, but they’re also about to become very rich. Rovio, the company behind the smash hit game Angry…
Snapdeal Spent $2 Billion Trying To Be Flipkart, Now They’re Spending $500 Million To Be Us: Shopclues
It’s not only Snapdeal’s investors and employees who are skeptical of its turnaround plan — it’s now getting trolled by its competitors too. ShopClues…