Paytm Mall saw its financials deteriorate with a loss of Rs 1,787.55 cr on total revenue of Rs 774.86 cr in FY18.
India will be the most competitive market in the world in terms of funding sources as well as number of startups believes Hans Tung, managing partner at GGV Capital.
The deal, if successful, will value FirstCry — which retails baby care products both online and offline — at about $800-900 million.
Vijay Shekhar Sharma says firm is targeting gross sales of about $500 million during festive season
1-2% stake picked up by China’s Hillhouse Capital in a deal pegged at around Rs 50 crore.
Post Berkshire deal, talks with US and Chinese investors for secondary sale gather pace.
Flipkart founder’s bet would be largest personal investment in Indian Internet space.
This will be the first Indian affiliate of a US-based venture capital firm to transition to a local brand.
The development comes as India has emerged as one of the fastest growing markets for Salesforce, with the number of customers and revenues increasing 100% year-on-year.
The San Francisco-based unicorn, valued at over $12 billion, has launched 7 offices across international markets
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