Varsha Bansal
Stories by Varsha Bansal
India: Swiggy forays into home delivery of essentials
The new service called ‘Swiggy Stores’, which will be accessible on its mobile app.
KKR, General Atlantic may invest in Flipkart’s payments arm PhonePe
The interest from the PE firms comes at a time when PhonePe is looking at a valuation of $10 billion.
India: Food delivery player Swiggy acquires AI startup Kint.io
The acqui-hire comes just a few months after Swiggy closed its $1 billion round, led by Naspers and joined by China’s Tencent.
Flipkart co-founder Sachin Bansal invests $21m in Ola, may inject more
As part of the same round, Ola recently received $74 million from existing backer Steadview Capital.
India: Ola’s valuation skyrockets to $5.7b after fresh funding from Steadview
Ola has regained its number two ranking in the pecking order of India’s most valuable startups.
India: Ride-hailing platform Ola mulls investment in medicine delivery startup Myra
Driven by their common investor Matrix Partners, the deal is expected to close by the end of this month.
What new FDI guidelines mean for the Indian e-commerce ecosystem
The guidelines that will come to effect from February are stricter in nature, causing companies such as Amazon India and Flipkart to go back to the dr
OYO Rooms to buy back ESOPs worth $7m in January
It is the first in a series of programmes that is expected to yield its former and current employees a total of $150-200 million over the next two to
India’s e-commerce FDI norms may result in Amazon offloading stakes in Cloudtail, Appario
While Cloudtail is a JV between Amazon and N.R. Narayana Murthy’s Catamaran Ventures, Appario is a joint venture with Patni Group.
India: Online pharmacy startups see funding frenzy, ripe for consolidation
PharmEasy, 1mg, Netmeds and LifCare, are racing ahead of the pack by raising large sums of capital and putting pressure on their peers to either keep
