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VCC Startups weekly wrap: Jhunjhunwala backs Nazara; SoftBank, Alibaba get CCI nod
One of the big newsmakers in the past week was veteran stock market investor Rakesh Jhunjhunwala who made a $27-million ......
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India competition watchdog approves SoftBank-Flipkart, Alibaba-BigBasket deals
The Competition Commission of India (CCI) has cleared SoftBank Group Corp’s purchase of a minority holding in Flipkart and Alibaba ......
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Flipkart completes $100 million ESOP buyback
E-commerce firm Flipkart said it has completed the $100 million (Rs 645 crore) employee stock options repurchase programme that it ......
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SoftBank's Saurabh Jalan joins Snapdeal board as Lydia Jett resigns
Jasper Infotech Pvt Ltd, which runs online marketplace Snapdeal, has appointed Saurabh Jalan, a representative from investor SoftBank, as an ......
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SoftBank-backed True Balance pivots, launches mobile wallet
Gurgaon-based Balancehero India Pvt. Ltd, which operates mobile balance checking app True Balance, has entered the fintech services segment with ......
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Paytm merging Little, Nearbuy to create largest deal discovery platform
Vijay Shekhar Sharma-led Paytm has announced the merger between Little and Nearbuy to create the largest online deal discovery platform ......
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Flipkart rubbishes CEO exit rumours
Ecommerce major Flipkart has dismissed rumours around a likely exit of its CEO Kalyan Krishnamurthy.Krishnamurthy, a former executive at Tiger ......
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Chinese bicycle sharing unicorn Ofo enters India
Alibaba-backed Chinese bicycle sharing unicorn Ofo has entered India, likely intensifying competition in a market where three homegrown companies have ......
People
Ola Fleet CEO Shalabh Seth resigns
Shalabh Seth, the chief executive of Ola Fleet Technologies, the cab leasing arm of Ola, has resigned from the firm, ......
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VCC Startups weekly wrap: SoftBank in focus; Ola turns to bicycle; Nazara gets funds
Japanese investor SoftBank was in focus this week as it moved ahead on its share purchase of Indian e-tailer Flipkart ......
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