Saritha Rai
Stories by Saritha Rai
Amazon, Walmart reel as Indian e-commerce norms plunge market into chaos
What’s clear is that Amazon and Walmart now have to re-tool their strategy and potentially ward off stiffer competition from physical retailers or l
Reliance to roll out online shopping platform, to take on Amazon, Flipkart
Reliance intends to take on the world’s largest retailers by combining his Jio service, mobile devices and a vast physical retail network.
Amazon, Walmart join forces against new Indian e-commerce rules
The rules require online marketplaces to treat all vendors equally, effectively barring foreign companies from featuring exclusive products on their p
SoftBank hires Facebook’s Kirthiga Reddy to manage $100b Vision Fund
Reddy will become the fund’s first venture partner and will be investing.
How the 24-year-old Oyo founder built a $5b hotel startup in five years
The chain Agarwal started in 2013, Oyo Hotels, has already become the largest in India, a chaotic market worth $4.5 billion.
Google teams up with four Indian banks to tap $1t digital finance market
From WhatsApp to Ant Financial, internet giants are joining a race to provide financial services in the world’s fastest-growing mobile arena.
Berkshire Hathaway confirms investment in India’s Paytm
Warren Buffett, Berkshire’s chairman and CEO, wasn’t directly involved in the investment in One97 Communications Ltd.
Criticism prompts India to review its e-commerce policy draft
The changes would tighten restrictions on global giants like Amazon.com Inc. and Google and may bolster local startups such as digital payments provid
The CEO who turned around Flipkart’s fortunes
The outlook for Indian online retailer Flipkart was decidedly gloomy when Kalyan Krishnamurthy became chief executive officer in January 2017. The sta
Walmart deal makes billionaires of Flipkart founders, hits Waltons’ fortune
The deal should give Flipkart's Sachin and Binny Bansal a fortune of about $1 billion, although that status may be short-lived as the pair may have to
