Alipay

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TMT

08 December, 2023

SoftBank wraps up $375 mn India exit with a profit

Japanese technology investment goliath SoftBank, which has been on a spree to harvest money from its India portfolio, has completed ......

Markets

01 December, 2023

PE/VC funds, promoters pull out over $12 bn as equity market rallies

Large shareholders in Indian firms have sold 1.03 trillion rupees ($12.36 billion) in shares so far this year, double that ......

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TMT

29 November, 2023

After signing off from Paytm, Alibaba affiliate inks near 5x exit move in India

China’s Alibaba Group, which sold its stake in Paytm parent One97 Communications Ltd earlier this year after virtually writing off ......

TMT

25 November, 2019

T Rowe, Ant, others stuff $1 bn cash wad into Paytm e-wallet, bestow $16 bn valuation

Paytm, operated by One97 Communications, has scooped $1 billion (Rs 7,170 crore) in a fresh round of funding led by ......

TMT

16 October, 2018

Foodpanda India confirms acquisition of food-tech company Holachef

Foodpanda India, the online food delivery firm owned by cab hailing company Ola, has acquired shuttered food-tech startup Holachef for ......

TMT

12 October, 2018

Alibaba's payment affiliate invests $210 mn more in Zomato

Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is raising $210 million (Rs 1,500 crore) from Chinese ......

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Finance

12 September, 2018

In Charts: Singapore surpasses Mauritius for FDI inflows into India

Singapore has trumped Mauritius as the most favoured route for foreign direct investment (FDI) into India for three quarters in ......

TMT

15 May, 2018

Swiggy seeks unicorn status, in talks to raise $250 mn

Online food delivery startup Swiggy is looking to raise $250 million, instead of $150-200 million it was considering earlier. The ......

TMT

13 February, 2018

Mumbai diamond merchant invests in food-tech startup Holachef

Food-tech startup Holachef has raised Rs 2 crore ($311,200) from Ashok Kumar Gajera, director at Mumbai-based diamond manufacturer and distributor ......

TMT

09 February, 2018

Alibaba's payment affiliate likely to raise funds at $100 bn valuation

China’s Ant Financial Services Group is planning to raise up to $5 billion in fresh equity that could value the ......