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Paytm to invest $769 million in payments biz

TMT

07 November, 2017

Paytm to invest $769 million in payments biz

One97 Communications Ltd, which operates mobile wallet Paytm, will invest close to Rs 5,000 crore ($769 million) in its payments ......

Amazon infuses $20 mn into logistics arm

TMT

06 November, 2017

Amazon infuses $20 mn into logistics arm

Amazon Transportation Services Pvt. Ltd, the logistics arm of e-tailer Amazon India, has received Rs 130 crore ($20 million) from ......

Snapdeal elevates digital marketing chief Mayank Jain as product head

People

01 November, 2017

Snapdeal elevates digital marketing chief Mayank Jain as product head

Amid the exodus of senior executives, online retailer Snapdeal has initiated a management rejig with the elevation of its digital ......

Zomato in talks to merge with rival Swiggy: Reports

TMT

01 November, 2017

Zomato in talks to merge with rival Swiggy: Reports

Restaurant-finder and food-delivery startup Zomato is reportedly in talks with competitor Swiggy for a merger.On Wednesday, two media reports said ......

Employees mint money as VC-backed logistics startup BlackBuck buys back shares

TMT

31 October, 2017

Employees mint money as VC-backed logistics startup BlackBuck buys back shares

Tiger Global and Accel Partners-backed Zinka Logistics Pvt. Ltd, which operates online marketplace for logistics BlackBuck, has bought back shares ......

Flipkart's PhonePe launches POS device to ramp up in-store digital payments play

TMT

31 October, 2017

Flipkart's PhonePe launches POS device to ramp up in-store digital payments play

Homegrown e-commerce major Flipkart’s digital payments arm PhonePe has launched its own point-of-sale device to boost its digital payments play.The ......

VCC Startups weekly wrap: Oyo-Zo merger dissolves; Snapdeal's legal woes escalate

TMT

28 October, 2017

VCC Startups weekly wrap: Oyo-Zo merger dissolves; Snapdeal's legal woes escalate

The supposed acquisition of Zo Rooms by online budget hotel aggregator OYO has come undone, according to a statement issued ......

Snapdeal's CTO Rajiv Mangla quits

TMT

28 October, 2017

Snapdeal's CTO Rajiv Mangla quits

Rajiv Mangla, the chief technology officer of online retailer Snapdeal, has resigned from the firm, a company spokesperson confirmed on ......

Amazon India chief terms rival's GMV valuation as vanity metric

TMT

27 October, 2017

Amazon India chief terms rival's GMV valuation as vanity metric

Refuting the findings of some research reports that declared Flipkart the market leader based on gross merchandise value figures during ......

Amazon's international losses soar in Q3 on India investments

TMT

27 October, 2017

Amazon's international losses soar in Q3 on India investments

US-based online retailer Amazon.com Inc. reported its highest-ever loss from its international operations in the three months through September, due ......