Salman S.H
Stories by Salman S.H
India: ShopClues’ exit sets stage for competition between Paytm Mall, Snapdeal
What’s common for the two firms, experts say, is their business model.
Indian unicorn Delhivery said to eye B2B operations of Blue Dart, Gati
Delhivery is one of India’s newest unicorns, valued at $1.5 billion in March when SoftBank led a $413 million investment
India: Seven startups turned unicorns in first eight months of 2019
There are 52 others waiting to join the list, according to Nasscom.
Indian hyperlocal delivery startup Dunzo’s FY19 losses up by 8X at $24m
The four-year-old startup's total revenues increased by almost 5X when compared to FY18.
Indian digital payment startup PhonePe’s losses surge by 2X in FY19
PhonePe was recently valued at $7 billion by Morgan Stanley in September.
India: Ola in talks to raise $200m from tech giant Microsoft
Microsoft to also acquire around 5% equity in Ola's parent company ANI Technologies with the current investment.
India’s online grocery retail market set to touch $10.5b by 2023
As of now, online platforms including Bigbasket and Grofers have been the most prominent players in the industry.
India’s MobiKwik denies acquisition talks with PayU, eyes fresh funding
MobiKwik reportedly held talks with PayU to sell off its payment gateway business ‘Zaakpay’ for $50-60 million.
Indian cab aggregator Ola launches new self-drive car rental Ola Drive
Ola now plans to launch the service across Hyderabad, Mumbai, and New Delhi shortly.
Indian online classifieds startup Quikr’s valuation jumps to $1.5b
Quikr has so far raised more than $440 million from investors such as Warburg Pincus, Tiger Global, and Norwest Venture Partners.
