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BigBasket eyes over $100 mn in next fundraise

TMT

04 April, 2017

BigBasket eyes over $100 mn in next fundraise

The country’s top online grocer BigBasket has started preliminary discussions for its next fundraising exercise, targeting an investment ticket size ......

Will Amazon's food retail foray end BigBasket's reign at the top?

TMT

24 March, 2017

Will Amazon's food retail foray end BigBasket's reign at the top?

Seattle-based e-tailing giant Amazon.com, Inc has sought government approval to enter India's food-retailing sector with investments totalling $515 million (Rs ......

Former India head Latif Nathani quits eBay

TMT

17 March, 2017

Former India head Latif Nathani quits eBay

Latif NathaniLatif Nathani, who was heading eBay’s India business up until recently, has resigned from the company. Nathani served ......

Amazon elevates India head Amit Agarwal

People

16 March, 2017

Amazon elevates India head Amit Agarwal

US-based Amazon.com, Inc. has elevated India chief Amit Agarwal to senior vice president (SVP), making him one of the few ......

Flipkart suffers yet another valuation markdown

TMT

03 March, 2017

Flipkart suffers yet another valuation markdown

Just when Flipkart Internet Pvt. Ltd was consolidating its position under the new CEO Kalyan Krishnamurthy, a fresh bout of ......

Morgan Stanley slashes Flipkart valuation to $5.39 bn

TMT

28 February, 2017

Morgan Stanley slashes Flipkart valuation to $5.39 bn

Indian e-commerce firm Flipkart has suffered its second markdown in as many months with a mutual fund managed by Morgan ......

911—The number that spooked Snapdeal

TMT

24 February, 2017

911—The number that spooked Snapdeal

On Wednesday, Snapdeal founders Kunal Bahl and Rohit Bansal said they will not take salaries for an undisclosed period as ......

eBay India's head of product development Ramkumar Narayanan quits

TMT

22 February, 2017

eBay India's head of product development Ramkumar Narayanan quits

Ramkumar Narayanan, general manager and global head of monetisation products at eBay Marketplaces in India, has resigned from the firm. ......

Is Flipkart clawing back in the game against Amazon?

TMT

17 February, 2017

Is Flipkart clawing back in the game against Amazon?

In early signs of a reversal in fortunes, Flipkart has outrun rival Amazon India in gross sales in two consecutive ......

Amazon to set up two customer service facilities in Coimbatore, Noida

TMT

15 February, 2017

Amazon to set up two customer service facilities in Coimbatore, Noida

Amazon Development Centre (I) Pvt. Ltd has announced plans to open two new customer service facilities in Coimbatore and Noida, ......