B2B e-commerce is tougher than B2C e-commerce: IndiaMart founder
Dinesh Agarwal, founder and CEO of IndiaMart InterMESH Ltd, one of the country’s largest homegrown listing platforms connecting buyers with suppliers, has been part of India’s entrepreneurial scene for two decades now.Agarwal and Brijesh Agrawal started IndiaMart in 1996, much before the era of e-commerce and tech startups began. The ......
Tata Steel puts UK business on the block
Nine years after acquiring Corus to become Europe's second largest steel maker, Tata Steel has finally announced plans to sell its UK business as the company battles to control its "deteriorating financial performance".The Board of one of the world's largest steelmakers met on Tuesday to decide on the future course ......
Tutor search platform FlipClass raises $1M from S Chand, Blume
Ed-tech startup FlipClass has raised $1 million (about Rs 6.7 crore) in funding from publishing house S Chand and Co Pvt Ltd and Blume Ventures.The startup didn’t immediately specify what it plans to do with the amount raised but founder and CEO Vineet Dwivedi said the company will look to ......
Can superplex change the game for PVR?
PVR Ltd, India's largest multiplex chain, is hoping its newly launched format of superplexes will elevate the game in the film exhibition business and augment its own margins significantly. A superplex is a format with more than twice the number of screens in a conventional mulitplex.The company's first superplex, unveiled ......
Anil Ambani set to exit media and entertainment business
The Reliance Group, led by Anil Ambani, is all set to exit the media and entertainment business. The group, instead, has decided to focus on two key areas -- financial services and defence alongside its interests in telecom and power sectors. The decision to exit media and entertainment sectors is ......
Strand Life Sciences to list on NASDAQ via reverse merger
Bangalore-based Strand Life Sciences Pvt Ltd, which focuses on clinical genomics and research in biotechnology, is going through a reverse merger with a little-known NASDAQ-listed firm in the second such transaction by an Indian company to go public overseas.In the process, it will become only the second Indian healthcare and ......
Sports discovery platform goSporto raises seed funding
Sports discovery and booking platform goSporto has raised $30,000 (Rs 20 lakh) in seed funding from Singapore-based angel investor Naveen Gupta, one of its co-founders said.The startup is also in final stages of talks with three to four institutional investors to raise as much as $1 million in a pre-Series ......
Vdopia’s APAC executive quits to float startup
Advertising technology firm Vdopia Media and Software Solutions Pvt Ltd's senior vice-president, APAC, Preetesh Chouhan has put in his papers. At Vdopia, Chouhan's responsibility included expanding the company's footprint in South East Asia, besides fuelling overall growth, both organic and inorganic.Vdopia co-founder and CEO Saurabh Bhatia confirmed the news to ......
AirAsia gets FIPB green signal for domestic carrier; selects CEO subject to Tatas approval
Malaysian budget carrier AirAsia has got the green signal from foreign investment promotion board (FIPB) for its proposed domestic budget airlines in India. This clears the first procedural hurdle for the firm and may make it the first foreign airline to operate a domestic carrier after the government liberalised aviation ......
Launching the 5th edition of VCCircle Agri & Food Investment Summit; register now
After the huge success of the previous editions, VCCircle is back with the 5th edition of VCCircle Agri & Food Investment Summit 2013, which will be held on October 24 in Mumbai.Over the last four years, the initiative has elicited participation from more than 120 speakers and 1,000 participants, representing ......
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