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Success driven : Bhavish Aggarwal and the evolution of Ola Cabs

Indiaretailing Bureau -
The co-founder of the Indian mobility platform Ola, currently possesses an astonishing net worth of around Rs 11,700 crores Bhavish Aggarwal, co-founder of the Indian mobility platform Ola, embarked on a remarkable business journey that exemplifies determination, innovation, and pursuit...
E-Commerce

Inside Snapdeal 2.0: Unboxing the former e-comm star’s comeback plan

Shiv Joshi -
Himanshu Chakrawarti, CEO of Snapdeal, reveals how the e-commerce platform is quietly working on fulfilling the value lifestyle aspirations of 64% of Indians residing in Bharat, in its new avatar. But will its latest pivot work, is the million-dollar...
Finance & Funding

Softbank sells 1.16% stake in Zomato for Rs 947 crore

PTI -
Softbank through its affiliate SVF Growth (Singapore) Pte offloaded the shares of Zomato on the National Stock Exchange New Delhi: Japanese conglomerate Softbank on Wednesday divested a 1.16 per cent stake in online food ordering company Zomato for Rs 947...
Latest News

Unicommerce records 50% revenue growth in FY’23

PTI -
The company has achieved an annual run rate of processing over 600 million transactions amounting to over $7 billion in annual gross merchandise value New Delhi: Softbank-backed Saas platform Unicommerce has registered a 50 percent growth in revenue driven by...
Finance and Funding

Softbank offloads 3.8% stake in Delhivery for Rs 954 cr

PTI -
Softbank's arm SVF Doorbell (Cayman) divested 3.8% of its stake in supply chain company Delhivery for Rs 954 crore New Delhi: Japanese conglomerate Softbank's arm SVF Doorbell (Cayman) on Wednesday divested 3.8 per cent of its stake in supply chain company...
Retail

RIL Group deals account for 45 pc of US$ 26.3 bn PE-VC investments

IANS -
The US$ 12.1 billion invested by global private equity and sovereign wealth funds in Reliance Industries' Jio Platforms (US$ 9.9 billion) and Reliance Retail (US$ 2.3 billion) accounted for 45 percent of the total PE-VC investment value in 2020,...
Food

Milkbasket plans to launch IPO next year

Indiaretailing Bureau -
Daily grocery delivery platform Milkbasket has advanced its plan to launch an initial public offering by the second half of next year, buoyed by strong growth in business in recent months amid the pandemic, a top company executive said. Speaking...
Latest News

Tough 2020 awaits Amazon, Flipkart as Reliance firms up plans

IANS -
With more and more Indians taking the online route to fulfill their shopping needs, e-tailers like Amazon and Flipkart are witnessing high demands, including from far-flung and remote areas, but overall slowdown and negative sentiments - coupled with the...
Food

BigBasket raises US$ 150 mn from Mirae, Alibaba and CDC Group

Indiaretailing Bureau -
Online grocery platform BigBasket has raised about US$ 150 million from South Korea's Mirae Asset Management, UK's CDC Group, and existing investor Alibaba, according to regulatory filings. According to a PTI report: Bigbasket had raised US$ 300 million in February...
Retail

Paytm receives final tranche of US $445 mn funding from SoftBank, Alibaba

Indiaretailing Bureau -
Paytm Mall has received the final tranche of its US $4 45 million (about Rs 3,000 crore) funding from SoftBank and Alibaba, a move that will give the online shopping venture of Paytm more financial muscle to take on...
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Latest News

Fashion & LifestyleAnagha R Ratna -

Meena Bazaar opens its first store in Mumbai

The new Meena Bazaar outlet is located at the Oberoi Mall in Goregaon Bengaluru: Delhi-based ethnic wear retailer Meena Bazaar has...
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