Trending News

Myntra in advanced talks to buy 5% stake in Wildcraft now

Online fashion retailer Myntra, along with its parent company Flipkart, is in advanced talks to pick up a 5% minority stake in outdoor and sportswear company Wildcraft, according to sources cl

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Huawei to refocus on India to boost global show

Huawei Telecom is refocusing on India this year as it believes its international standing will improve with better positioning in this market.   China’

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Axis Bank CIO Amit Sethi asked to resign after whistleblower complaint

Axis Bank has asked its president and chief information officer Amit Sethi to resign. Sethi’s exit from the country’s third-largest lender followed a complaint from a whistleblower

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TCS looks inside for next big technology solutions

Tata Consultancy Services is looking at doubling the capacity of its internal startup incubation programme to 10-12 projects, as India’s largest IT company counts on the programme to bri

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Bessemer Venture Partners plans to invest $40-50M in India in 2018

Bessemer Venture Partners plans to invest $40-50 million in India this year, including in companies in its existing portfolio.    The Silicon Valley-hea

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Oyo to focus on weekend business and cut losses

SoftBank-backed budget hotel brand OYO expects its loss to narrow further and record a healthy improvement in operating margin this fiscal year, founder Ritesh Agarwal said. &nb

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Digital wallets staring at a major crisis with India's strict KYC rules

Digital wallet companies may be staring at the end of the road as the Reserve Bank of India's February-end deadline approaches for them to meet full know-your-customer norms for all their

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Udaan lands $50M in Series-B funding from LightSpeed & Yuri Milner's Apoletto

Business-to-business (B2B) e-commerce platform Udaan has raised $50 million in Series-B financing led by Lightspeed Venture Partners, Lightspeed India and DST Global founder Yuri Milner's

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Indian startups need not fear MNCs: Yossi Vardi

India’s startup ecosystem remains divided over global giants getting more leeway for their operations here with Indian entrepreneurs coming out all guns blazing against the likes of What

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Ronnie Screwvala plans to set up e-sports federation

Serial entrepreneur and former UTV head Ronnie Screwvala is in the process of setting up India’s official e-sports federation that will send Indian teams for world majors.

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Amid fund crunch, ShopClues raises $1M bridge round from Unilazer Ventures

Online marketplace ShopClues has picked up a paltry $1 million in a bridge round from Ronnie Screwvala-managed Unilazer Ventures.   This comes at a time when

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Walmart's Flipkart investment negotiations include a plan to open retail stores

Walmart's investment negotiations with Flipkart include a proposal to open a chain of retail stores in India, according to an investment banker familiar with the developments, which could

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Google's firing of anti-diversity memo author was legal: US Labour board

Google did not violate labour laws when it fired James Damore, a former employee who was ousted from the company last year for criticising the tech giant for its diversity policy, according to

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Infibeam tweaks business to keep up with 4G wave

Infibeam, India’s first listed e-commerce player, made a major shift in its business strategy by migrating from subscription-based e-commerce to transactional-based e-commerce as the int

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Samsung India sets sales goal of over $10 billion this year

Samsung India is targeting sales of more than $10 billion (about Rs 64,000 crore) this calendar year after having recorded nearly $9 billion in 2017, senior company executives told business pa

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Facebook face big challenge to prevent future US election meddling

The Russian influence operation designed to tamper with the 2016 US presidential election used a combination of old-school espionage tactics and 21st-century technologies that will not be easy

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Intel hit with 32 lawsuits over security flaws

Intel said on Friday that shareholders and customers had filed 32 class action lawsuits against the company in connection with recently-disclosed security flaws in its microchips.

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Apple promises fix for serious Telugu character bug

Apple has promised to fix a serious iOS bug that is causing iPhones and apps like Facebook and WhatsApp to crash when a Telugu single character is received via iMessage. &nbsp;<

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GrabOnRent launches operations in Mumbai and Gurgaon

Online product rental marketplace GrabOnRent has extended operations beyond Bengaluru to launch in Mumbai and Gurgaon and is on track to kickstart operations in 6 more cities by the end of 201

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Crypto fall fails to drown initial coin offerings

It took all of six days, two hours, and 30 minutes for Zebi, a Hyderabad-based blockchain startup, to raise $2 million through a presale of its initial coin offering (ICO), clearing some of th

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Kalpnik uses AR & VR to help people 'go' to any place of worship

Apul Nahata, former chief technology officer at Reliance Industries-sponsored venture fund GenNext Ventures, had the eureka moment when his parents wanted to go to the Birla Mandir near Kalyan

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SpaceX is launching its broadband satellites into orbit this weekend

Following the success of its Falcon Heavy launch, SpaceX is gearing up for its next mission: sending satellites into orbit so they can beam down internet access to earth. &nbsp;

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Unilever threatens to cut back online ads over 'toxic' content

Unilever, one of the world&#39;s biggest spenders on advertising, has threatened to pull ads from digital platforms such as Facebook and Google if they &quot;create division&quot; in society o

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Google hires former Samsung Mobile CTO to coordinate Internet of Things projects

Alphabet&#39;s Google has hired Injong Rhee, who recently resigned as Samsung Electronics&#39;s chief technology officer, to lead its Internet of Things business, he said in a LinkedIn post on

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Go-Jek plans India foray in second half of 2018

Indonesia&#39;s hyperlocal transport startup Go-Jek is planning to launch its bike-taxi service in India in the second half of 2018, people aware of the development said. &nbsp;

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Pivoting away from Cube brought us to the right route: PayU's Jitendra Gupta

Around March-April 2015, we (then Citrus Pay) were focused on our consumer app for personal payments called Cube and had invested about $3 million into it. &nbsp;

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Ola parent to invest Rs 400 crore to boost Foodpanda India logistics & tech

Online food delivery service Foodpanda India will be shelling out Rs 400 crore over the next 12 months to further build its logistics and delivery operations along with its technology stacks,

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Alibaba plans tighter integration of Paytm Mall with BigBasket & XpressBees

Paytm Mall, in which Chinese internet giant Alibaba and its payments affiliate Ant Financial hold a majority stake, is chalking out tighter integration with players like online grocer BigBaske

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MakeMyTrip posts wider loss in Q3, may revisit OYO strategy

MakeMyTrip, India&rsquo;s largest online travel player, posted a wider quarterly loss for the three months ended December 31, 2017, as it continued to amp up on discounts and promotions, but r

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Google fined Rs 135.86 crore by CCI for 'search bias'

The Competition Commission of India (CCI) has imposed a Rs 136-crore fine on Google for &ldquo;search bias&rdquo; and abusing its &ldquo;dominant position&rdquo;. &nbsp;

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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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Toyota, Suzuki to produce electric vehicles for India market by 2020

Global automobile majors Toyota has signed an agreement with Suzuki to produce electric vehicles (EVs) for the India market by 2020. &nbsp; On Friday, both Toyota

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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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Fashion e-tailer Voonik asks staff to forgo 3 months' salary

Sequoia Capital-backed fashion focused e-tailer Voonik has told 200 employees that the Bengaluru-based company won&rsquo;t be able to pay them their salaries for the next three months as it un

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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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Trending News

Myntra in advanced talks to buy 5% stake in Wildcraft now

Huawei to refocus on India to boost global show

Axis Bank CIO Amit Sethi asked to resign after whistleblower complaint

TCS looks inside for next big technology solutions

Bessemer Venture Partners plans to invest $40-50M in India in 2018

Oyo to focus on weekend business and cut losses

Digital wallets staring at a major crisis with India's strict KYC rules

Udaan lands $50M in Series-B funding from LightSpeed & Yuri Milner's Apoletto

Indian startups need not fear MNCs: Yossi Vardi

Ronnie Screwvala plans to set up e-sports federation

Amid fund crunch, ShopClues raises $1M bridge round from Unilazer Ventures

Walmart's Flipkart investment negotiations include a plan to open retail stores

Google's firing of anti-diversity memo author was legal: US Labour board

Infibeam tweaks business to keep up with 4G wave

Samsung India sets sales goal of over $10 billion this year

Facebook face big challenge to prevent future US election meddling

Intel hit with 32 lawsuits over security flaws

Apple promises fix for serious Telugu character bug

GrabOnRent launches operations in Mumbai and Gurgaon

Crypto fall fails to drown initial coin offerings

Kalpnik uses AR & VR to help people 'go' to any place of worship

SpaceX is launching its broadband satellites into orbit this weekend

Unilever threatens to cut back online ads over 'toxic' content

Google hires former Samsung Mobile CTO to coordinate Internet of Things projects

Go-Jek plans India foray in second half of 2018

Pivoting away from Cube brought us to the right route: PayU's Jitendra Gupta

Ola parent to invest Rs 400 crore to boost Foodpanda India logistics & tech

Alibaba plans tighter integration of Paytm Mall with BigBasket & XpressBees

MakeMyTrip posts wider loss in Q3, may revisit OYO strategy

Google fined Rs 135.86 crore by CCI for 'search bias'

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

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

Logistics company Delhivery registers 44% increase in FY17 revenues

WeWork to acquire one of the oldest social networks, Meetup

Toyota, Suzuki to produce electric vehicles for India market by 2020

Qualcomm rejects Broadcom's $103 billion offer

Fashion e-tailer Voonik asks staff to forgo 3 months' salary

EasyRewardz gets $2 million Series-A funding

'Anemic' iPhone 8 demand drags Apple shares lower

Lending platform Lenden Club gets Rs 3.5cr in Equity Investment

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