ShrutikaVerma
Stories by ShrutikaVerma
Paytm exceeds $4b in monthly gross transaction value
While GTV is not a true indicator of a company’s health, it does reflect the high adoption of Paytm as a payments platform in the country.
Zomato names former MakeMyTrip exec Mohit Gupta as head of food delivery biz
Gupta has more than 20 years of experience, of which the last decade involved running the travel e-commerce business in India.
After China, India’s Oyo Rooms looks to spread wings in Indonesia, UK and Europe
Oyo is looking to expand in the UK and some European countries within next 12-18 months.
Zomato in talks to raise $400m in fresh funding at $2b valuation
The startup is planning to raise capital largely from its existing investors Ant Financial and Temasek.
Payments startup ToneTag raises up to $10m from Amazon, Mastercard, others
ToneTag’s existing investors include Manipal Global Education chairman Mohandas Pai, PremjiInvest’s chief investment officer T.K. Kurien and Faceb
The behind-the-scenes story of Sachin Bansal’s exit from Flipkart
Walmart was initially keen on retaining Bansal but reversed after Flipkart board decided to cut him out.
How Lee Fixel, Flipkart’s godfather in New York, changed India’s startup ecosystem
Fixel has net a return of more than $3.5b and still retains a 4-5% holding.
Sachin Bansal’s journey from Flipkart CEO to outcast
Sachin Bansal stands to make anywhere between $1-1.5 billion from the sale. But that won’t console the 36-year-old.
How Walmart made its way to the finish line with Flipkart
The fear of missing out proved to be strong enough to override concerns about slower-than-expected e-commerce growth in India and Flipkart’s losses.
Flipkart, Walmart set to announce world’s biggest e-commerce deal
Walmart will buy roughly 70% of Flipkart; it will invest $2b in fresh capital & buy rest from existing Flipkart investors
