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VC firm scores blockbuster exit as high returns remain rare

Finance

23 August, 2017

VC firm scores blockbuster exit as high returns remain rare

Venture capital and private equity firms are finding it increasingly difficult to exit their investments in the wake of businesses' ......

Only 8% entrepreneurial exits successful in India, 47% unprofitable: Survey

TMT

23 August, 2017

Only 8% entrepreneurial exits successful in India, 47% unprofitable: Survey

India has the lowest entrepreneurial exit rate among factor-driven economies and BRICS countries, a survey by Global Entrepreneurship Monitor said, ......

Flipkart leads in small cities but Amazon takes pole in metros: RedSeer study

TMT

23 August, 2017

Flipkart leads in small cities but Amazon takes pole in metros: RedSeer study

Homegrown e-commerce firm Flipkart has been able to dominate non-metros but its US-based rival Amazon leads in metros by a ......

Between steep discounts and mounting losses, how much is Uber actually worth?

TMT

23 August, 2017

Between steep discounts and mounting losses, how much is Uber actually worth?

What is the true cost of an Uber ride?That simple question is often lost among the many controversies facing the ......

BankBazaar hires Hitachi Payment's Ramesh Srinivasan as CFO

People

23 August, 2017

BankBazaar hires Hitachi Payment's Ramesh Srinivasan as CFO

Online financial services marketplace BankBazaar has announced the appointment of Ramesh Srinivasan as its new chief financial...

Former GE South Asia CEO Banmali Agrawala joins Tata Sons

People

23 August, 2017

Former GE South Asia CEO Banmali Agrawala joins Tata Sons

Former General Electric South Asia president and chief executive Banmali Agrawala has joined Tata Sons as president - infrastructure, defence ......

Uber launches UPI-based payment facility

TMT

23 August, 2017

Uber launches UPI-based payment facility

Following in the footsteps of rival Ola, cab-hailing firm Uber Technologies, Inc. has announced the launch of a Unified Payments ......

Former Oracle CFO Jeff Epstein joins Moglix advisory board

People

23 August, 2017

Former Oracle CFO Jeff Epstein joins Moglix advisory board

Jeff Epstein, operating partner of Bessemer Venture Partners and former CFO of Oracle, has joined the advisory board of Noida-based ......

GIC-backed Bandhan Bank eyes IPO

General

23 August, 2017

GIC-backed Bandhan Bank eyes IPO

Kolkata-based Bandhan Bank Ltd, which is among the two entities that received banking licences in 2015, is planning to go ......

Alibaba's UCWeb under govt scanner for data leak, may face ban

TMT

23 August, 2017

Alibaba's UCWeb under govt scanner for data leak, may face ban

Amid tensions between India and China, Chinese Internet giant Alibaba-owned UCWeb has come under the government's scanner for alleged data ......

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