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TCS scripts history, becomes first Indian company to hit $100 billion market cap

IT bellwether TCS on Monday created history by becoming the first Indian listed company to hit the coveted $100 billion m-cap figure.   At 09:49 am, the mark

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Online beauty retailer Nykaa raises Rs 75 Cr funding

Online beauty retailer Nykaa has raised ₹75 crore (above $11 million) in its latest round of funding, valuing the six-year-old company at ₹3,000 crore, according to three people familiar with

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Zendesk witnesses growing signups from traditional businesses in India

Growth is on the mind of NYSE-listed customer service software firm Zendesk. The company recently surpassed a $500 million annual revenue run rate and is aiming to be a $1 billion business by

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Amazon is defined by billions; median salary is $28,446

The big numerical reveal on Wednesday was Amazon finally spilling the beans on the number of Prime members (more than 100 million). It also disclosed another number that shows how much it reli

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Facebook has no plans to bring digital payments through Messenger app in India as yet: Sources

Facebook has no plans as of now to bring digital payment facility to its Messenger application in India, informed sources said on Thursday.   "There are

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Urban Ladder draws up Rs 130 crore house expansion plan for 2018

Furniture retailer Urban Ladder is looking to raise about Rs 130 crore this year to fuel its expansion plans. “The round will see participation from at least one new investor apart from

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Digital drives up TCS' business in the fourth quarter

Tata Consultancy Services marked half a century of existence with a 1:1 bonus issue, its highest ever final dividend and upbeat commentary about its prospects for 2018-19 financial year.

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True Balance raises $23 million in bridge round

Softbank backed digital payments company True Balance has raised $23 million in a bridge round of funding from a clutch of institutional investors and plans to use the funds to expand the team

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Indian-origin entrepreneur's crypto company under SEC scanner for securities violations

An Indian-origin entrepreneur Venkat Meenavalli is being investigated by the US Securities and Exchanges Commission (SEC) for alleged securities fraud with his cryptocurrency company Longfin (

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MakeMyTrip deals may be available on Flipkart soon

Two of India’s largest consumer internet companies – ecommerce giant Flipkart and MakeMyTrip, the country’s largest online travel operator – have entered into a strateg

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Tencent looks for early-stage startup bets, likely to invest $5-15M

Tencent Holdings, the world’s fifth-largest Internet company and the operator of the WeChat messaging platform, is actively scouring for early-stage bets in India, as the social media gi

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Agritech startups Sabziwala and LivLush merge their business under new entity Kamatan

Elevar Equity-backed agritech startups Sabziwala and LivLush (earlier known as Green AgTech) have merged the businesses under a new entity Kamatan. The rationale to create the entity was to me

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Avail Finance lands $17.2M from Matrix Partners & Ola, Freecharge and Flipkart founders

Bengaluru based online lending startup Avail Finance has raised $17.2 million in a Series A round that saw participation from the founders of marquee Indian Internet companies including Ola&#3

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RBI suggests tax sops, self-regulation to build fintech space

From suggesting tax rebates to merchants for adopting digital payments to light-touch regulations to help fintech innovations bloom and even suggestions around formation of a self-regulatory b

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Swiggy hires new CEO for its Access Service, gets new CFO

As the competition in the food technology space intensifies, food delivery firm Swiggy is strengthening its senior management team across various operational roles steadily. Swiggy has brought

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Logistics company Delhivery registers 44% increase in FY17 revenues

Logistics company Delhivery posted approximately 44% increase in total revenues to Rs 751 crore during FY17 from previous year’s Rs 523 crore as the company’s losses narrowed margi

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WeWork to acquire one of the oldest social networks, Meetup

There has been no stopping for the co-working giant, WeWork, which has declared its plans to acquire the social network website, Meetup.   Founded in 2002, t

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Qualcomm rejects Broadcom's $103 billion offer

Qualcomm rejected an unsolicited, $103 billion offer from Broadcom, saying that the proposal is significantly undervalued and that a tie-up between the massive chipmakers would face substantia

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EasyRewardz gets $2 million Series-A funding

Customer experience management company EasyRewardz on Monday announced that it has completed a $2-million series-A round of financing round led by TransContinental Venture Fund, existing angel

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'Anemic' iPhone 8 demand drags Apple shares lower

Apple Inc's (AAPL.O) shares fell nearly 3 percent on Thursday on signs of weak demand for the iPhone 8 that caused analysts and investors to question the company's staggered release st

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Lending platform Lenden Club gets Rs 3.5cr in Equity Investment

Mumbai-based peer-to-peer lending platform Lenden Club has raised $500,000 almost Rs.3.5 crore in equity investment from three major investors Venture Catalyst, Anirudh Damani and an Indian ve

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On festive sales, Flipkart says 65% clients from Tier-II cities

Flipkart said it saw double the volume and value of sales this festive month over last year&#39;s festive month and saw 65% of customers coming from tier-II and beyond. &nbsp;</

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