Saritha Rai
Stories by Saritha Rai
SoftBank in talks to invest in Indian insurance startup PolicyBazaar
The startup’s existing foreign investors, including Tiger Global Management and Temasek Holdings, hold about 48% of the startup.
Alibaba to invest $200m in India’s online grocer Bigbasket
Alibaba is taking a stake of about 25% in Bigbasket after months of negotiations.
India: Paytm aims to become largest full-service digital bank
The formal launch signals that the payments bank is now out of its beta mode and has many operational challenges sorted. The service will be the count
India: Ride-hailing firm Ola is said to raise $2b from SoftBank, Tencent
The deal marks the second-largest funding round in an Indian startup.
India: Japan’s SoftBank in discussions to inject $2b in Flipkart
Flipkart was valued at $11.6b in April after eBay, Tencent Holdings and Microsoft together invested $1.4b.
Indian startups hasten to learn from and avoid Silicon Valley scandals
Indian investors and entrepreneurs are pushing for greater scrutiny of the people behind up-and-coming tech firms.
India: Alibaba, Paytm conducting due diligence on BigBasket stake buy
Alibaba and Paytm could invest as a team or separately.
India, Israel launch tech fund during Narendra Modi’s visit
Each government will put $4 million a year for five years into the fund.
India: Flipkart-Snapdeal merger at risk as investor PremjiInvest objects
PremjiInvest has objected to special payments to some Snapdeal shareholders.
Zuckerberg, Gates try opposite paths to education tech in India
Online learning is exploding in India, and no company is poised to benefit more than BYJU'S.
