Flipkart
TMT
Binny Bansal leaves Flipkart after personal misconduct probe
Flipkart co-founder Binny Bansal has resigned as group chief executive officer following an independent probe into allegations of “serious personal ......
TMT
Mayfield invests in micro-delivery grocery startup Milkbasket
Gurugram-based micro-delivery grocery service Milkbasket has raised closed to Rs 10 crore ($1.37 million at current exchange rates) in a ......
Finance
SoftBank Q2 profit soars 78% on Flipkart stake sale, Oyo valuation gain
SoftBank Group Corp’s profit for the quarter through September jumped 78%, helped by gains from the sale of its stake ......
TMT
Flipkart acquires Israeli analytics startup Upstream Commerce
Walmart-owned Flipkart, the country’s largest e-commerce company, said on Tuesday that it has acquired Upstream Commerce, an Israeli startup which ......
TMT
Brand Capital backs online-to-offline grocery firm Avenue11
Online-to-offline grocery platform Avenue11, based in Bengaluru, has raised Rs 26 crore ($3.6 million) from Brand Capital, the ad-for-equity arm ......
Finance
In Charts: Singapore surpasses Mauritius for FDI inflows into India
Singapore has trumped Mauritius as the most favoured route for foreign direct investment (FDI) into India for three quarters in ......
TMT
Mitsui, others to pump $15 mn into shopping platform Naaptol
Naaptol Online Pvt. Ltd, which runs an omnichannel shopping platform, is on course to raise $15 million (around Rs 109 ......
TMT
Flipkart buys Astarc Ventures-backed speech recognition firm Liv.ai
Homegrown e-commerce giant Flipkart on Tuesday announced the acquisition of Liv.ai, an artificial intelligence-based speech recognition startup, as part of ......
TMT
Chennai VC firm, JITO Angel Network invest in consumer lending startup HappyEMI
Consumer lending platform HappyEMI, owned by Hyperkonnect Technologies Pvt. Ltd, has raised $1 million (Rs 6.86 crore) from Chennai-headquartered early-stage ......
TMT
Walmart gets antitrust approval for $16-bn Flipkart deal
India’s antitrust regulator has approved Walmart Inc’s purchase of a majority stake in e-commerce company Flipkart, saying the $16-billion transaction ......
