Flipkart Founders No Longer Billionaires After Flipkart’s Latest Funding Round
Flipkart might’ve raised $1.4 billion (Rs. 9,000 crore) in India’s largest ever startup funding round, but it’s not come as good news for…
Category: Startups
Flipkart Has Officially Raised Rs. 9,000 Crore In Largest Indian Funding Round In History
Flipkart has just officially announced the biggest funding round in the history of Indian internet startups. Microsoft, Tencent and eBay have collectively put…
Snapdeal’s Founders Have Just Told Their Employees That Their Investors Are Looking To Sell The Company
We now have the clearest admission that Snapdeal’s investors are looking to sell the company. Rumours about a potential distress sale have been swirling…
Indian E-Commerce Growth Has Stalled, And All E-Commerce Companies Need To Be Very, Very Worried
Amazon, Flipkart and Snapdeal have spent the last three years engaged in a brutal war for market supremacy. They’ve put in tremendous amounts of…
Uber Is Now Banned In Both Italy And Denmark
Uber’s perhaps the most global startup in the world, with on-ground operations in an astonishing 581 cities across 81 countries. This global penetration helps it…
Flipkart Is Looking To, Once Again, Enter The Grocery Delivery Business
A few months ago, Flipkart had mocked Amazon for selling daily-use products during the Holiday sales. “We did not sell ‘churan’, ‘hing’, detergent,…
Practo Has Just Fired 150 Employees, Totaling 10% Of Its Workforce
Startups across the board appear to be slowing down their growth plans. Healthcare services aggregator Practo has just fired 150 employees, which comprised…
Politicians Are Now Using Flipkart And Amazon Gifts To Bribe Voters In Tamil Nadu
The Digital India movement should be proud – startups have disrupted yet another industry. Institutional bribes are a grand tradition in Tamil Nadu…
FIR To Be Filed Against CEO Kunal Bahl And 10 Other Snapdeal Executives Over Non-Payment Of Dues
2017 is fast turning out to be the year of the FIRs for the Indian startup ecosystem. After a FIR was filed against…