Sankalp Phartiyal
Stories by Sankalp Phartiyal
Silver Lake, co-investors to inject additional $601m in Reliance’s digital unit
The latest investment comes on top of the $750 million Silver Lake committed to Jio Platforms earlier.
India: Reliance launches JioMart online grocery service to rival Amazon, Flipkart
JioMart will deliver groceries in more than 200 towns across the country.
KKR to invest $1.5b in Reliance’s digital unit Jio Platforms
Jio Platforms has raised $10.3 billion from Facebook, General Atlantic, Silverlake and Vista in just a month.
General Atlantic to invest $870m in Jio Platforms
Jio has raised Rs 672 billion from Facebook, Silver Lake and Vista Equity Partners in under four weeks.
Xiaomi to roll out new e-commerce service in India to boost sales during lockdown
The service will be rolled out across India and Xiaomi will continue it after the lockdown ends if it is successful.
India’s Reliance sells $750m stake in digital unit to Silver Lake
The deal comes days after Reliance secured a $5.7 billion investment from Facebook.
Facebook’s mega India deal portends a bruising time for Paytm
Paytm is already on the backfoot amid competition from Google Pay and PhonePe.
India govt warms to e-commerce as delivery workers lend a hand on the frontline
E-commerce is now limping back to life in India as the border closures, warehouse shutdowns and general confusion that initially accompanied the three
Amazon, Flipkart seek rollback of new Indian tax on online sellers
The online retail industry is braced for a 1% tax on each sale made by sellers on their platforms from April.
Amazon offers India’s small businesses $1b to bring them online
Jeff Bezos said he expects to export $10 billion worth of India-made goods by 2025.