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Toyota leads $30 million round in Auto Marketplace Droom

Gurgaon based startup Droom, an online market platform for new as well as old cars, has raised $30 million (Rs 204 crore)...

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News

Payment giant Paypal to acquire Fintech startup iZettle for $2.2 billion

Payment giant Paypal has announced that it is all set to acquire Stockholm-based Fintech startup iZettle for $2.2 billion. The deal will...

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News

Zomato in talks with SoftBank to raise $200-250 Million: Report

It seems that SoftBank seriously wants to become a potential kingmaker in India’s food delivery space as reports are emerging about its...

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Swiggy seeks Fresh Funding as it aims for Unicorn status: Report

Bengaluru based food delivery startup Swiggy is aiming for $250 Mn funding round from some high profile investors, according to close sources...

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NCLT puts Defunct Startup Stayzilla on sale

The National Company Law Tribunal (NCLT), the regulatory body for liquidation and insolvency of Indian companies, has called for expression of interest...

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SoftBank may pump $3 Bn in Paytm Mall: Sources

Japanese investment giant SoftBank is seriously mulling to invest $3 Bn in Indian e-commerce player Paytm Mall, according to key sources familiar...

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US Government announces 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...

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

Ending months of speculation, Walmart on Wednesday announced that It has picked up 77% percent stake in India’s largest e-commerce company Flipkart...

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

Amazon Seller Services, the marketplace unit of the US online retail giant in India, secured huge cash infusion of Rs 26 billion...

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

After receiving a lukewarm response for its C2C marketplace last year, Facebook is now testing the waters in India’s e-commerce sector by...

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Walmart wants Sachin Bansal’s exit from Flipkart: Sources

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...