Flipkart Secures $700 Million Investment; Valued at $15 Billion

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

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

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

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!