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Zomato, Swiggy and UberEats double salaries of delivery staff in some cities

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Funding Galore: Indian Startup Funding Of The Week

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“Over $3 Bn Was Invested Across 372 Deals With 54 Mergers & Acquisitions”

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E-commerce players brace for big battle over online pharma

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Walmart signs 5 year Cloud tech partnership with Microsoft

Retail giant Walmart has entered into a strategic partnership with Microsoft for wider use of cloud and artificial intelligence technology, in a sign of major rivals of Amazon coming together.

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Flipkart adds recharge, travel tabs

In a bid to increase customer visits, online retailer Flipkart has added two new tabs on its mobile application &mdash; &lsquo;Recharges&rsquo; and &lsquo;Travel.&rsquo; While the first tab re

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Unhappy with WhatsApp reply, Indian govt may send second notice

The government is dissatisfied with WhatsApp&rsquo;s response to its warning to curb the spread of &ldquo;explosive messages filled with rumours&rdquo;, and has set up an internal group of off

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Cars24 closes $50M funding to fuel its expansion plans

Cars24, the online marketplace for buying and selling used cars, has completed an investment raise of about $50 million (Rs 340 crore) to fuel its expansion plans, according to two people fami

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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&rsquo;s Rs 523 crore as the company&rsquo;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. &nbsp; 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&#39;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&#39;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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