Amazon awaiting FDI approval to start delivery of groceries in the country
Amazon is expected to start delivering groceries online, through its Amazon Fresh service, once it receives FDI approval from the
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Morgan Stanley further trims down the valuation of domestic ecommerce major Flipkart
A Morgan Stanley fund has further marked down the valuation of domestic ecommerce player Flipkart to ~$5.37 billion after assessing
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Hyperloop One is pitching for its services in domestic market
Hyperloop One, the US-based startup which offers transportation services through magnetic levitation technology, is pitching hard to provide its services
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Reliance Jio to start payments bank after RBI’s approval
Jio Payments Bank, a joint venture between Reliance Industries Limited (RIL) and State Bank of India (SBI), is expected to
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Jabong targest 40% y-o-y sales growth in FY18
Jabong, Flipkart owned fashion ecommerce player, is targeting 40% y-o-y growth in its topline during FY18 by focusing primarily on
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Logistics startup Delhivery expected to raise $100 million of fresh capital
Delhivery, the ground logistics startup, is in talks to raise $100 million fresh capital from PE firm The Carlyle Group
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After the INR10,000 crore Startup India fund launched last year, only INR5.66 crore is invested so far
The Government of India launched a futuristic Startup India initiative with much fanfare in 2015, however, as against the promised
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OYO Rooms in talks to raise $300-500 million from Softbank
OYO Rooms, the domestic hotel aggregator startup, is in talks with Softbank Vision Fund to raise fresh capital of $300-500
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Mahindra Electric leveraging domestic startup industry to power its sales growth
Mahindra Electric, one of the few manufacturers of electric vehicles in the country, is banking on the growing intra city
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CureFit looking to raise capital from Ratan Tata Venture Fund and HRX
CureFit, a healthcare startup started by former Flipkart executives Mukesh Bansal and Ankit Nagori, is in talks to raise fresh
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