ShrutikaVerma
Stories by ShrutikaVerma
SoftBank weighs options to cut tax liability in Flipkart stake sale
SoftBank may retain all of its stake for at least one year more to avoid paying a large tax
SoftBank pushes Flipkart board to wait for Amazon offer against Walmart’s
Amazon has indicated to Flipkart’s board that its offer will be at least 10% higher than that of Walmart.
India: After Foodpanda acquisition, Ola now in talks to buy Freshmenu
Ola and its arch-rival Uber are investing hundreds of crores of rupees to gain a slice of the market.
India’s Flipkart phoned Amazon after Walmart revived investment talks
A deal between the country’s two largest e-commerce firms would create a monopoly in online retail.
Amazon may make rival bid for India’s Flipkart
Amazon has held early exploratory talks to buy Flipkart even as the latter closes in on a sale to Walmart.
Paytm Mall raises $445m from SoftBank, Alibaba; valuation soars to $1.6-2b
This will be SoftBank’s second investment in an online retailer in India.
Swiggy, Zomato in talks to raise fresh funds as investors line up
Swiggy may raise as much as $200 million, while Zomato may raise anywhere between $200 million and $400 million.
India: Temasek-backed payments gateway BillDesk eyes sale at up to $2b valuation
BillDesk is learnt to have held sale talks with three payment giants—PayU, American Express and PayPal—but the potential buyers have been unwillin
Tiger Global slowly steps on the gas with India investments
In the past six months, Tiger Global has invested in six of its existing portfolio companies, the highest since it suddenly pulled the plug on start-u
India’s Oyo Rooms in talks to raise up to $800m in fresh funding
In September, Oyo had raised $250 million, mostly from the SoftBank Vision Fund. Hero Enterprise, Sequoia India, Lightspeed Venture Partners and Green
