A Morgan Stanley Mutual Fund Has Valued Flipkart At Just $5.59 Billion, Down From $15 Billion A Year Ago
Over the last year, Flipkart’s been no stranger to valuation markdowns, but this is the most significant one yet. A Morgan Stanley Mutual…
Category: Startups
There’s Something Very Strange About The Way People Are Using MobiKwik Online
Prime Minister Narendra Modi’s decision to scrap the Rs. 500 and Rs. 1000 notes might’ve caused much consternation among the general public, but…
To Help Cope With Cash Crunch, Ola Turns Select Cabs Into Mobile ATMs
If you can’t go to the ATM, the ATM can come to you. In the wake of the cash crunch that followed after…
Flipkart Internet’s Losses More Than Double To Rs. 2,306 Crore
Flipkart might’ve ended 2016 on a strong note after a healthy sales season, but it’s still bleeding large amounts of money. Flipkart Internet has…
Ola’s Valuation Could Fall By 40% After Latest Fund Raise: Reports
Ola’s in the market to raise funds again – and it looks like it won’t be able to command the hefty $5 billion…
Paytm Withdraws App POS For Card Transactions A Day After Its Launch
After making a dramatic splash yesterday with the announcement that anyone with the Paytm app could start accepting debit and credit card payments, the…
Customer Has Unusual Demand From Faasos After It Messes Up Order, But The Company Delivers
The internet is replete with messages of aggrieved customers ranting at customer care executives. Customers today are hard to please, and are quick…
Elon Musk’s SolarCity Has Powered An Entire Remote Island With Solar Panels
Elon Musk can’t stop saving the world. After developing Tesla cars, which run on clean energy, and building rockets via SpaceX, which will transport…
Housing Raises Rs. 35 Crore From Softbank As It Eyes Sale Or Merger
Just because you haven’t heard from Housing.com in a while doesn’t mean the company isn’t still in business. The company, once India’s startup…