Flipkart Secures $700 Million Investment; Valued at $15 Billion
With competition in the Indian ecommerce space intensifying, Flipkart has taken a big step towards consolidating its numero uno position by securing an investment of $700 million. It is the first time the company has raised money this year, and this deal values it at a whopping $15 billion.
Bengaluru Rated As The 15th best Startup Ecosystem In The World
According to Startup Ecosystem Report published by San Francisco based startup bench-marking firm Compass, Bengaluru is the world’s 15th best startup ecosystem, up from 19 in the last report published in 2012. Bengaluru is rated on five parameters – funding, market reach, talent, experience, and performance of startups.
Furniture Retailer Pepperfry Receives USD 100 Million From Goldman Sachs And Others
Pepperfry, one of the leading online furniture retailer companies in India, raised a whooping USD 100 million as their fourth round of investment from Goldman Sachs, Zodius Technology Fund, and their existing investors Bertelsmann India Investments and Norwest Venture Partners.
Oye Happy: A Startup That Sells Surprises Online
In today’s fast-paced world, how often do we manage to take out time to surprise our loved ones and bring out a smile? It is where Oye Happy comes to the rescue. Started by Harsh Khemani and Varun Todi, Oye Happy is a fun and fresh start-up that operates on one motto. Happiness!
Indian Entrepreneurs’ Roti Maker Gets $11.5mn Investment For International Expansion
Pranoti Nagarkar, an Indian born Singapore resident and inventor of Rotimatic – an automated device for making roti in one minute, received a second round investment of $11.5 million, a media report said.
Alchetron: A Startup That Aims To Be The First Social Encylopedia
Alchetron is the next generation encyclopedia. The website gives answers to your queries in all available formats such as PDF, Doc, image, video, PPT etc. to help you get a comprehensive search result, without fumbling through multiple sources and lets you share these information with contacts and users on Alchetron through messaging and social profiles.
Chinese, Indian Companies Dominate Forbes Asia-Pacific Fab 50 List
China and India, with 25 and 10 companies respectively, account for 70 per cent of the companies listed in the Forbes Annual Honour Roll of Asia-Pacific’s best exchange-listed big companies.
Flipkart’s New Bangalore Office Has Transformed The Face Of Indian Startups
Flipkart’s recently moved to a spanking new office in Sarjapur, Bangalore. And in its design, India’s premier internet startup has outdone itself – the office is at par with any multinational office around the world.
In Conversation With Karina Aggarwal, Alcohol Connoisseur And Reviewer
While most of us crunch numbers, work with words, and rely on the odd weekend drink to help the stress melt away, here’s…