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Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.
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Vulcan Express received $5.7 mn from Snapdeal amidst merger talks in June
Vulcan Express Pvt. Ltd, the logistics arm of e-commerce firm Snapdeal, received $5.68 million (Rs 36.5 crore) from the e-tailer's ......
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Many Snapdeal shareholders differ on decision to go solo
The Snapdeal founders’ decision to go solo and chart out a new path by pivoting into an open marketplace could ......
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Flipkart, Ola get valuation boost from Vanguard
After suffering a series of markdowns, homegrown e-commerce firm Flipkart and cab-hailing firm Ola have received a bump in valuation. ......
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Fork Media acquires majority stake in audio advertising startup Rappio
Digital ad-tech firm Fork Media has acquired a majority stake in audio advertising company Rappio Advertising Pvt. Ltd, it said ......
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Snapdeal founders outline path to profitability after ending Flipkart merger talks
E-commerce company Snapdeal has called off negotiations for a potential merger with Flipkart. Shortly after making the announcement on Monday, ......
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Did Axis Bank lap up FreeCharge for a song, or pay a tad too much?
India's third-largest private-sector lender Axis Bank snapped up beleaguered digital wallet firm FreeCharge for $60 million (Rs 385 crore) last ......
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Acquisitions, not mergers, dominate Indian market, say panellists at VCCircle event
The Indian market is decidedly driven more by acquisitions than mergers as companies focus on content and hire talent to ......
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Vanguard hikes Flipkart valuation by 64%, Ola 14%
A mutual fund managed by US-based investment firm Vanguard Group has marked up the value of its stake in two ......
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Snapdeal calls off merger with Flipkart; to tweak biz model, lay off staff
Online retailer Snapdeal has scrapped a proposed merger with bigger rival Flipkart after months of negotiations and will now tweak ......
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Flipkart-Snapdeal merger hangs in balance, may fall through
The merger of homegrown e-tailers Flipkart and Snapdeal is looking increasingly uncertain with SoftBank, the largest shareholder in Snapdeal, pulling ......
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