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Maple Capital invests in B2B commerce platform MaxWholesale

Nishant Sharma

Delhi-based B2B commerce and supply chain platform MaxWholesale has raised a seed round of funding led by investment bank Maple Capital Advisors.

The firm has raised around Rs 1 crore (around $150,000), Samarth Agrawal, co-founder of MaxWholesale, told VCCircle.

Flipkart gets a breather as Fidelity marks it up

Binu Paul

After a string of six successive markdowns, Indian e-commerce giant Flipkart has received a welcome break from American mutual fund company Fidelity Investments.

Nikesh Arora to get up to $65 mn from SoftBank exit


SoftBank Group Corp said on Thursday it has booked as much as 6.8 billion yen ($65 million) in expenses related to the resignation of India-born Nikesh Arora, who quit as president and chief operating officer in June.

Exclusive: Kris Gopalakrishnan, Saha Fund back social marketplace GoCoop

Disha Sharma

GoCoop Solutions and Services Pvt. Ltd, which runs social marketplace for cooperative enterprises, has received investment worth $830,000 from former Infosys vice-chairman Kris Gopalakrishnan and Saha Fund, according to its filing with the Registrar of Companies (RoC).