Path to profitability dominates Indian startups as profitable exits become more frequent
A flush of financing has convinced investors and entrepreneurs that the tide may finally be turning.
Bengaluru, Delhi top in startup funding
The report said the Japanese company’s portfolio includes more than 65 companies in the Asian hubs, s...
Unilever arm invests Rs 19 crore in startup Milkbasket
“The fund looks to invest in startups that will be leaders in personal care and digita...
Tech stocks and miners drive European shares higher after Apple results
Europe's tech sector rose 1.1 per cent to a six-week high.
Alibaba puts Rs 224 crore in FirstCry’s logistics arm
This financing underscores Alibaba’s attempt to create a robust global logistics network, which can bolster the growth of ecommerce.
Inventus Capital makes first close of its third fund at Rs 200 cr
The early-stage venture capital firm is scouting for deals in machine learning and AI in healthcare space.
European shares edge down with all eyes on the Fed
Shares in Belgium's Solvay, which agreed to sell its polyamides business to BASF for 1.6 billion euros, declined 0.6 per cent.
Paytm Mall, Alibaba may invest $200 million in BigBasket
"What BigBasket has been missing is deep-pocketed investors till now, and if this deal goes through they will not have to worry about capital," said a venture capital investor tracking the space.
Swiggy, BigBasket discover next cash cow: Milk supply
Firms look to buy milk-delivery startups to increase frequency of orders and make customers stick.
Expect grocery bills to fall as Flipkart readies entry
The e-tailer plans to launch grocery services in five cities by July.
Why do e-commerce biggies lag in MRP display norms?
The amendments in Legal Metrology Rules (Packaged Commodities Rules, or PCR) were brought about in June 2017, after the consumer affairs ministry received complaints about information deficit while shopping online.
Startups fight big global e-commerce firms to win online grocery battle
A real, unprecedented opportunity is triggering a war in India, and its contours are finally emerging.
BigBasket receives $200 million in a round led by Alibaba
As per the company filings, Alibaba owns 14,60,000 shares of the Bengaluru-based company which is registered as Supermarket Grocery Supplies.
European shares hold near two-year highs before BoE decision
The bank is widely expected to raise interest rates for the first time since 2007.
Chinese ecommerce giant Alibaba wants a stake in BigBasket
With Alibaba joining investee firm Paytm Mall in the talks to pick up a stake in the e-grocer, BigBasket has easily shrugged off Amazon's snub.
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