Amrit Raj
Stories by Amrit Raj
India: Taxis to overtake private car sales soon, says Maruti Suzuki’s RC Bhargava
A June 2015 Morgan Stanley report said private car ownership is more aspirational in India, a country with growing Internet access and a large populat
India: Hero MotoCorp invests $30.6m to pick 30% in startup Ather Energy
This is the Pawan Munjal-led company’s second such investment in a company after it separated from Honda Motor Co. in 2010. Its first such move to p
Uber plans bus and mini-van ride shares in India
The planned bus and mini-van service is called Uber Everything, similar to UberHop that has been piloted in several markets
Sequoia-backed Bira reached out to Budweiser-maker AB InBev for funding
AB InBev’s president for India and South Asia, Pedro Aidar, on making Budweiser a viable business in India, and leveraging the SABMiller merger for
India: Hero FinCorp raises $150m in ChrysCapital-led round to expand its loan book
The non-banking financial company (NBFC) raised Rs 570 crore from (PE) firm ChrysCapital Advisors Llp; Rs 132 crore from Credit Suisse Group AG; and R
Uber to divert part of China funds to India, after Didi Chuxing deal
Uber, in July said it would merge its China unit with Didi Chuxing in a deal that valued the merged entity at $35 billion. Uber would become the large
Start-ups have become too sexy: Kishore Biyani, group CEO, Future Group
Start-ups will continue to be small in the Indian economy, Kishore Biyani, group chief executive, Future Group.
After big-ticket fundraise, Hike open to acquisitions in machine learning, AI
"Once you realize that for us to win, WhatsApp doesn’t have to lose, the whole perspective changes. Now, data shows us that we sit side by side with
Hero Electronix buys India business of German design firm TES DST Holding
Hero Electronix founder-director Ujjwal Munjal said the acquisition was made through Tessolve Semiconductor Pvt. Ltd, a Bengaluru-based company in whi