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WhatsApp claims the lead with 70 million active users in India [Type: News]
Instant messaging apps like Hike, Line, WeChat are garnering a huge response from the Indian market, but the original entrant in this category in India, Whats App still remains on the top spot. WhatsApp, which was bought by Facebook in a $19 billi ...
Flipkart rejigs top management, hands over more responsibility to Myntra founder Mukesh Bansal [Type: News]
Flipkart has rejigged its top management, handing over more responsibility to Mukesh Bansal, the founder of fashion portal Myntra which was acquired by India's largest online retailer earlier this year. The reshuffle will also result in a higher ...
Online Home Rental Airbnb raises $1.5B Led By General Atlantic Others [Type: News]
Online home rental marketplace Airbnb Inc is said to be raising $1.5 billion in a fund raising round led by U.S. private equity firm General Atlantic with participation from Hillhouse Capital, Tiger Global and others.This fundraising round values Air ...
Mahindra welcomes BabyOye.com on board, FirstCry raises $26 mn in 4th round [Type: News]
Parents in India may or may not be shopping for nappies online but sites selling babycare products continue to find new parents. The latest to join this league is BabyOye.com which has just been acquired by Mahindra Group. The news came to light ...
Cab Hailing Service Ola Revenue Rises Eight-Fold To Rs 418 Cr [Type: News]
Cab hailing service Ola has registered an eight-fold jump in revenue in 2014-15 from a year ago, documents showed, riding on discounts and driver incentives powered by two large funding rounds that helped it widen its lead over rival Uber Technologie ...
Logistics Startup BlackBuck Raises 25M Dollar From Tiger Global Accel Partners Flipkart and Apoletto [Type: News]
BlackBuck, a business-to-business logistics startup, has raised $25 million in Series B funding from Tiger Global and other investors. Russian billionaire-investor Yuri Milner’s Apoletto fund and existing investors Accel Partners and Flipkart a ...
Zopper plans expansion to more than 30 cities, brings hyper local markets to the fore [Type: News]
Hyper local mobile marketplace Zopper,  funded by Tiger Global, is all set to expand its operations to over 30 cities in India, while hosting over 250,000 offline and 2,000 online retailers. With 500,000+ app installs, Zopper claims to be the ...
Mobile Gaming Startup Mech Mocha Raises Funding From Flipkart And Blume Ventures [Type: News]
Mobile gaming firm Mech Mocha has raised an undisclosed amount of seed funding from e-commerce major Flipkart and seed-stage investor Blume Ventures. Flipkart has been active in the mobile gaming space after having backed offline gaming startup MadRa ...
Ratan Tata invests in taxi-hailing company Ola Cabs [Type: News]
Mumbai: Ratan Tata, chairman emeritus of Tata Sons Ltd, has made an undisclosed investment in online taxi-hailing service Ola, his seventh investment in a domestic start-up in the past 11 months. Tata had earlier invested in online marketplace S ...
Online Retail Giant Flipkart Raise Over 1.4 Bn In New Round [Type: News]
Online retail giant Flipkart is ready for another round of funding. It is reported that Flipkart is in talks with investors to raise about $1.4 Bn (INR 9,200 Cr) in a new funding round to be led by existing and a few new investors.   It is spe ...
FDI tussle triggers debate arketplace definition Flipkart Snapdeal oppose opening up Indias ecommerc [Type: News]
BANGALORE: E-commerce juggernaut Flipkart has approached real estate developers for 1.5 million sq ft office space to consolidate its rapidly expanding operations in Bangalore.Flipkart needs 4 lakh sq ft soon and would opt for staggered occupation of ...
Technology entrepreneur joins takealot.com [Type: News]
Willem van Biljon has joined South Africa's online retailer takealot.com as co-CEO and chief technology officer. A seasoned technology entrepreneur, Van Biljon co-founded Mosaic Software, the creators of the Postilion payment system, and was one of ...
Hike partners with CricBuzz to provide in-app World Cup 2015 updates [Type: News]
Hike, a messaging app based in India, today launched ‘World Cup 2015’ in partnership with CricBuzz, a Times Internet Limited Property. This new feature on Hike will allow users to avail score updates, news and analysis curated by CricB ...
Fashion Portal Roposo.com raises $5 million funding led by Tiger Global [Type: News]
Fashion-focused social network, Roposo.com today said they have raised USD 5 million funding led by technology venture investor Tiger Global. Roposo.com raised USD 5 million (over Rs 31 crore) series A investment led by the technology venture inv ...
In Battle With Amazon, Flipkart Says It Is Going Back To Basics [Type: News]
India’s largest e-commerce marketplace Flipkart says it is renewing its focus on execution and is on the path to profitability. A little over four months after co-founder Binny Bansal took over as chief executive, he said that the focus on grow ...
Flipkart Secures Rs 4500-crore Fund Round in Big eCommerce Race Amazon readying $5 bn War Chest Plan [Type: News]
Flipkart has closed a funding round of $700 million (Rs 4,500 crore) at a valuation of $15 billion, scooping up capital for the first time this year as the battle for dominance in the Indian online retail market heats up.   New York-based ...
Online Grocer BigBasket Acquires Delyver Bolster its Hyperiocal Delivery Service [Type: News]
Online grocery retailer BigBasket.com, owned and operated by Bangalore-based SuperMarket Grocery Supplies Pvt Ltd, has acquired hyperlocal delivery startup Delyver in a cash-and-stock deal. The transaction gives BigBasket increased depth in its ...
Customer Service App Firm Helpshift Raises 23M Dollar In Series B Funding [Type: News]
Customer-Service App Firm Helpshift Inc., a start-up that makes customer support software for mobile apps, on Tuesday said it has raised $23 million in Series B funding from Microsoft Ventures, Salesforce Ventures and existing investors Intel Capital ...
Women Fashion Lifestyle Curation Platform RedPolka Raises Rupees 1.6 Crore Angel Funding [Type: News]
Ladies, don’t let another fashion faux pas leave you red-faced. A Mumbai-based startup called Red Polka claims to have the answers to your fashion woes. Online fashion and lifestyle curation portal RedPolka has closed its first round of ...
Rivigo Raises 30M Dollar in Series B Round Led By Saif Partners [Type: News]
Gurgaon-based logistics services provider, Rivigo (formerly TrucksFirst) has raised $30 million with equity and debt financing in series B round of funding led by SAIF Partners & other investors. The platform aims to leverage the raised capital t ...
Roposo Raises $5 Million From Bertelsmann India Joins Tiger Global To Close Round [Type: News]
Roposo, fashion social network has raised funds worth US $5 million from Bertelsmann India Investments (BII), the strategic investment arm of the international media, services and education group. With this, Bertelsmann has closed the second leg of S ...
Indian e-commerce firm Flipkart tries to outdo Amazon [Type: News]
When they were starting out, Sachin Bansal and Binny Bansal would get on a motorbike to make the rounds of book warehouses across Bangalore, ride back to their two-bedroom apartment and package orders for online custo ...
Titan set to invest about Rs 187 Cr in jewellery e-tailer CaratLane for 15% stake [Type: News]
Tata Group’s Titan is reportedly in advanced negotiations to invest about $30 million in online jewellery retailer CaratLane for a 15% equity stake, reports the Economic Times, citing sources. Post the deal, online jewellery company Carat-Lane ...
Shopclues Enter Indian Unicorn Club Raises 100M Dollar in Series E Round [Type: News]
ShopClues, Gurgaon-based online marketplace, has raised over $100 million in Series E funding round led by sovereign wealth fund GIC. The round also saw participation from existing investors which include Tiger Global and Nexus Venture Partners. &nb ...
Home service firm Housejoy secures $4M from Matrix Partners [Type: News]
Home services marketplace Housejoy has raised $4 million in Series A funding from Matrix Partners, which has been used to scale the company's technology and expand to new cities. Launched this January, Bengaluru-based Housejoy has been growing 3 ...
Budget Hotel Marketplace Zo Rooms Secures $30M In Fresh Round From Tiger Global And Orios Venture Pa [Type: News]
Room rental service Zo Rooms has raised $30 million from existing investors Tiger Global Management and Orios Venture Partners, reports TheTradeBoss. The startup will use the funds for expanding to other cities. Note that just last month Zo Rooms had ...
Hoopos And Babyoye Have Now Merged [Type: News]
Online baby and kids’ portal Babyoye.com has merged with its competitor Hoopos.com to become a larger entity and gain better market share. Mumbai-based Babyoye also operates another portal called Kidsoye.com, which deals with products relate ...
Jugnoo Bags $10M From Paytm: Smytten Invest From Rajan Anandan: Nestaway Bags $30M From Tiger Global [Type: News]
Jugnoo Raises $10M from Paytm and Others in Series B Round of Funding   Chandigarh-based Auto rickshaw aggregator, Jugnoo, has raised a total of $10 million in its second round of Series B funding led by  Paytm.   Paytm has investe ...
Online fashion portal Yepme sponsors West Indies cricket team for Rs 30 crore [Type: News]
Online fashion portal Yepme has reportedly sponsored the West Indies team for the ICC Cricket World Cup 2015 in a bid to increase its brand reach and customer base. The campaign will reportedly cost Yepme about Rs 30 crore and is the brands second ...
Myonsto Raises Rs 2Cr from Oswal Industries’ Director Jayant Bokadia [Type: News]
 Ahmedabad-based online grocery store, Myonsto.com has raised Rs 2 crore in angel funding from Oswal Industries’ Director Jayant Bokadia, for upgrading technology and for expansion in Gujarat.       Started in March by S ...
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