ShrutikaVerma
Stories by ShrutikaVerma
India: Three Paytm investors sell 4.3% stake to Alibaba
Reliance Capital, Saama Capital, SAP Ventures have sold their combined stakes.
India: Snapdeal’s cash squeeze adds to funding pressure
It switched to cash-conserve mode after bridge round funding got deferred
India: Helion co-founder Ashish Gupta joins startup HyperTrack’s board
HyperTrack has recently closed a $1.5 million seed round of funding
Paytm E-commerce in talks to raise up to $200m from Alibaba, others
This indicates Alibaba’s e-commerce play in India will be via Paytm.
India: Endiya Partners raises $25.6m for maiden fund
Endiya will look at a ticket size of Rs2-10 crore per company.
Snapdeal in talks with SoftBank to raise funds at lower valuation
Snapdeal and SoftBank have discussed a valuation range of $3-4 billion.
India: Snapdeal losses touch almost $0.5b in FY16
Snapdeal posted a 150% increase in loss from Rs 1,328 crore in FY15
