Hike, the offline messaging application, is planning to foray into live streaming revenue generation business like the Chinese startup Inke.
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ECOMMERCE
Amazon India to expand its digital payments services business after getting RBI’s approval
Amazon India is looking to broaden the scope of its digital payments service after receiving the prepaid payment instrument (PPI)
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Shopmatic raises US$5.7 million from Singapore-based investors
E-commerce enabler technology firm Shopmatic has raised US$5.7 million in Series AA funding led by ACP Pte Ltd, a technology-focused
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Spinny raises $1 million from Blume Ventures
Spinny, the online ecommerce startup for trading pre-owned cars, has raised $1 million from Blume Ventures, Indian Angel Network and
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Loadshare Networks receives funding from VC firm Matrix Partners
Loadshare Networks, a technology-enabled logistics startup that offers a comprehensive express and logistics services across the country, has received an
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PayU targets $100 million revenue figure in FY18 from India business
PauU India, the domestic arm of Naspers-owned payment services provider, is targeting $100 million revenue figure from its domestic business
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ShopClues raises INR50 crore debt capital from InnoVen Capital
ShopClues, the ecommerce player in the domestic market, has raised INR50 crore venture debt from InnoVen Capital primarily as a
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Mobikwik to increase focus on its payments gateway business
Mobikwik, one of the largest digital mobile wallet startups in the domestic market, is improving its technology and presence in
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Amazon launches Amazon Charts
Amazon has launched a new bestseller list called Amazon Charts, which will track the top 20 books that have sold the
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Mobikwik to raise $100 million at a valuation of $1 billion
Mobikwik, a domestic digital payments service provider, is in talks with BlackRock and other small investors including Bank of Baroda
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