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ACQUISITIONS 

Softbank proposes to sell Freecharge for $200 million; 50% drop in valuation

Apr 7, 2017 Pankaj Handa asset sale

Softbank, Snapdeal’s largest shareholder with more than 30% stake, is proposing to sell Freecharge, the mobile wallet platform owned by

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FOOD 

Zomato records 80% jump in FY17 revenues; significantly reduces expenses

Apr 7, 2017 Pankaj Handa financial results

Zomato, the domestic food technology startup, recorded $49 million revenues in FY17, an 80% y-o-y growth primarily due to spike

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TECHNOLOGY 

Grab expands in online payments business by acquiring Kudo

Apr 5, 2017 Pankaj Handa payment business

Grab, the ride sharing startup primarily present in the Southeast Asia, is expected to acquire Indonesia’s online e-commerce payments business

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FINANCE & BANKING 

Spandana Sphoorty raises $270 million fresh capital in a mix of equity and debt

Apr 5, 2017 Pankaj Handa capital raising

Spandana Sphoorty, the micro finance institution based out of Andhra Pradesh, has raised $100 million equity capital from Kedaara Capital

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BUSINESS STRATEGY 

ItzCash targets to deploy 1 lakh PoS terminals further expand the digital reach

Apr 5, 2017 Pankaj Handa digital payment

ItzCash, the financial technology startup, is planning to add 70,000 Point of Sales terminals to enable its merchants to accept

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TRENDING 

Urban Ladder faces sudden exodus of top level executives

Apr 5, 2017 Pankaj Handa executive exodus

Urban Ladder, the online furniture store, has been hit by an exodus of senior executives in the last one month

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STARTUP STORIES 

Debtors Watch – recourse for bad debts

Apr 5, 2017Apr 5, 2017 Administrator

Bad debts are the agony of every business person. Despite hardwork, one often has no control over bad debts that

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BUSINESS STRATEGY 

Alliance Air to run its maiden flight between Bhatinda-Delhi

Apr 3, 2017 Pankaj Handa UDAN scheme

Alliance Air, the newly minted subsidiary of Air India, has announced that it will start its operations from the maiden

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Regulations 

UP Government’s decision to ban illegal slaughterhouse a boon for the food startups

Apr 3, 2017 Pankaj Handa Meat ban

The decision taken by the Government of Uttar Pradesh to ban illegal slaughterhouse has come as a boon for the

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TRANSPORT 

Bajaj Auto veterans to start a finance company specifically targeting used two-wheeler segment

Apr 3, 2017 Pankaj Handa

Although India boasts of one of the largest automobile manufacturing and financing industry, the second-hand market is still fragmented and

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