Girish Shetti

A writer with a passion for tech, marketing, and sports, he delivers captivating articles for the tech enthusiasts. Girish’s expertise in technology and startup analysis brings insightful content and the latest trends to our readers. He loves being the ‘first’ to know(and write) all that’s happening in the world of Tech and startups.

2,213 articles published

News

SoftBank may pump $3 Bn in Paytm Mall: Sources

SoftBank may infuse $3 Bn in Paytm Mall. Japanese investment giant SoftBank is seriously mulling to invest $3 Bn in Indian e-commerce player Paytm Mall, according to key sources familiar with the matter. This investment would be in addition to the nearly $500 million investment that Softbank and Alibaba made in the Gurugram based startup earlier…

ByGirish ShettiMay 15, 20180Comments

News

US Government announces Special Task Force for Artificial Intelligence

US Government to set up Special Task Force for Artificial Intelligence. The U.S. government appears to be going all out in its quest to leverage the potential of Artificial Intelligence (AI) as it searches for innovative methods to stimulate the economy. The government on Thursday announced that it will create special AI task force that will…

ByGirish ShettiMay 11, 20180Comments

News

It’s official: Walmart buys Flipkart in largest ever E-commerce deal

Walmart buys 77% percent stake in Flipkart for $16 billion. Ending months of speculation, Walmart on Wednesday announced that It has picked up 77% percent stake in India’s largest e-commerce company Flipkart for $16 billion (Rs 1.12 lakh crore). This is the largest e-commerce deal anywhere in the world. The deal valued India’s homegrown e-commerce giant…

ByGirish ShettiMay 10, 20180Comments

News

Amazon India secures Rs 2600 crore Capital Infusion amid Flipkart-Walmart deal

Amazon India receives Rs 2600 crore capital infusion. Amazon Seller Services, the marketplace unit of the US online retail giant in India, secured huge cash infusion of Rs 26 billion (Rs 2,600 crore) in late last month. This has been disclosed by the documents that Amazon India filed with Registrar of Companies (ROC) last month that…

ByGirish ShettiMay 9, 20180Comments

News

Snapdeal agrees to sell subsidiary company Unicommerce to Infibeam

Infibeam all set to buy Unicommerce from Snapdeal. Snapdeal has agreed to sell its subsidiary company Unicommerce eSolutions to Ahmadabad based e-commerce company Infibeam. The deal, which will be an all-stock deal, has been valued up to Rs 120 crore. As per the deal, Infibeam will issue preferential issue of optional convertible debentures (OCD) to Snapdeal. Unicommerce…

ByGirish ShettiMay 8, 20180Comments

News

Facebook is gearing for e-commerce debut with B2C transactions: Report

Facebook is preparing for e-commerce debut with B2C transactions. After receiving a lukewarm response for its C2C marketplace last year, Facebook is now testing the waters in India’s e-commerce sector by soon launching the B2C transactions. According to people familiar with the matter, the social media giant has already initiated discussions with several established brands to…

ByGirish ShettiMay 7, 20180Comments

News

Walmart wants Sachin Bansal’s exit from Flipkart: Sources

Sachin Bansal exit from Flipkart. Flipkart’s co-founder Sachin Bansal may have to put down his papers altogether, if Walmart’s impending takeover of Flipkart fructifies in the coming weeks. Sources close to the ongoing mega deal have revealed that the world’s largest retail giant does not want Sachin Bansal to be part of the Flipkart’s 10 member…

ByGirish ShettiMay 4, 20180Comments

News

Facebook Co-founder backs online Packaging Startup Bizongo

Facebook Co-founder pumps funds in online packaging startup Bizong. Bizongo, a B2B online marketplace for packaging materials, has found a new high profile backer in the form of B Capital, which is owned by Facebook’s co-founder Eduardo Saverin. B Capital along with International Finance Corporation (IFC) led $22 Mn Series B funding round in Bizongo on…

ByGirish ShettiMay 3, 20180Comments

News

Amazon makes Audacious Bid to buy majority stake in Flipkart: Report

Amazon makes bid to buy 60% stake in Flipkart. Despite the fact that Walmart and Flipkart deal has reportedly entered the final stage of negotiation, Amazon on Wednesday made an audacious bid to acquire 60% stake in India’s home grown e-commerce behemoth. This is according to a report filed by CNBC TV 18, one of India’s…

ByGirish ShettiMay 2, 20180Comments

Utility focussed

Cisco agrees to buy AI startup Accompany for $270 Million

Cisco all set to buy AI startup Accompany American technology giant Cisco on Wednesday announced that it has agreed to acquire Artificial Intelligence (AI) startup Accompany for $270 Million. The deal will be all cash and all stock deal. All the important formalities regarding the deal will be completed within few months. Accompany is relatively young startup…

ByGirish ShettiMay 2, 20180Comments

Girish Shetti

Best Choice for Creatives