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M&A deal of the month: Flipkart snaps up eBay India in battle with Amazon

TMT

28 April, 2017

M&A deal of the month: Flipkart snaps up eBay India in battle with Amazon

Deal: India's largest e-commerce player, Flipkart, agreed to acquire eBay India Pvt. Ltd for $200 million in an all-stock deal. ......

SoftBank likely to invest $1.9 bn, pick up 20% in Paytm

TMT

28 April, 2017

SoftBank likely to invest $1.9 bn, pick up 20% in Paytm

Masayoshi Son’s media and Internet conglomerate SoftBank Group is likely to put in $1.9 billion (Rs 12,000 crore) into One ......

Cloud, retail power Amazon's Q1 revenue

TMT

28 April, 2017

Cloud, retail power Amazon's Q1 revenue

Amazon.com Inc's retail and cloud-computing sales rose in the first quarter, inching above Wall Street's expectations and sending the company's ......

Chinese cab-hailing firm Didi seeks to raise $6 bn from SoftBank, others

TMT

28 April, 2017

Chinese cab-hailing firm Didi seeks to raise $6 bn from SoftBank, others

Didi Chuxing, China's top ride-hailing firm, is set to become the country's second-most valuable privately owned company, with a valuation ......

Adlabs to float QIP issue, sell stake to media house BCCL

TMT

27 April, 2017

Adlabs to float QIP issue, sell stake to media house BCCL

Theme parks operator Adlabs Entertainment Ltd on Thursday received board approval to raise Rs 200 crore ($31 million) through qualified ......

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FidelisWorld-backed gaming arena operator Smaaash picks banks for IPO

TMT

27 April, 2017

FidelisWorld-backed gaming arena operator Smaaash picks banks for IPO

Gaming arcade operator Smaaash Entertainment Pvt. Ltd, which is backed by sports investment fund FidelisWorld and cricketer Sachin Tendulkar, has ......

HCL Learning to sell Digischool biz, pick up 33% in Everest Edusys

TMT

27 April, 2017

HCL Learning to sell Digischool biz, pick up 33% in Everest Edusys

HCL Learning Ltd, a wholly owned unit of HCL Infosystems Ltd, will sell its Digischool business to Everest Edusys and ......

After payments and e-commerce, Paytm bets on gold

TMT

27 April, 2017

After payments and e-commerce, Paytm bets on gold

Seeking to go beyond its traditional wallet offering, Alibaba-backed digital wallet firm Paytm has forayed into wealth management with Digital ......

How Amazon's $250-mn bet Junglee became a mere test bed

TMT

27 April, 2017

How Amazon's $250-mn bet Junglee became a mere test bed

Almost two decades ago, when online retailer Amazon.com, Inc. reportedly made a $250-million bet on Junglee Corp.—a company founded by ......

Cross Border Angels invests in ed-tech startup eShiksa

TMT

27 April, 2017

Cross Border Angels invests in ed-tech startup eShiksa

Jaipur-based eShiksa, an education management portal, has raised an undisclosed amount from Cross Border Angels & Experts (CBA; previously Cross ......

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