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Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.

Vulcan Express received $5.7 mn from Snapdeal amidst merger talks in June

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01 August, 2017

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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31 July, 2017

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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31 July, 2017

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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31 July, 2017

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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31 July, 2017

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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31 July, 2017

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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31 July, 2017

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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31 July, 2017

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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31 July, 2017

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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31 July, 2017

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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