Tarush Bhalla
Stories by Tarush Bhalla
Walmart says Flipkart’s limited operations negatively impacted international business
Walmart's Indian subsidiary Flipkart was unable to make non-essential deliveries during the virus lockdown.
India: Logistics marketplace LetsTransport raises funding from InnoVen Capital
LetsTransport is currently present in 15 cities in India and claims to have a registered trucker supply of more than 58,000 drivers.
India: VC firm Iron Pillar adds $45m top-up to its first fund
Iron Pillar Fund-I held its final close in 2018, receiving capital commitments of $90 million.
India: After Zomato, foodtech unicorn Swiggy to retrench 1,100 people
All impacted employees of Swiggy will receive at least three months of salary.
Indian angel investor LetsVenture launches growth-stage platform to tap domestic capital
LetsVenture Plus will allow Indian investors access to investments across growth-stage private companies and global funds.
Founders grappling to make startups recession-proof: Sequoia Capital
"Covid-19 is redefining what uncertainty means," said Sequoia Capital India in its newsletter.
India: Flipkart names Sriram Venkataraman as CFO of its commerce biz
Flipkart Group CFO Emily McNeal has quit to pursue a career opportunity outside the Walmart Group.
India: Logistics startup LoadShare secures $13.2m led by BEENEXT, others
Existing investors Matrix Partners India, Stellaris Venture Partners, and Alteria Capital also participated.
India: E-tailers ready to deliver non-essentials, meet pent-up demand
E-commerce firms have been witnessing steady traffic growth on their platforms even as logistics and supply chain issues persist.
India: Flipkart injects $28m in its payments arm PhonePe
PhonePe is expected to raise a larger round of over $100 million in the coming months.
