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Amazon names veteran Samir Kumar as new India head

People

18 September, 2024

Amazon names veteran Samir Kumar as new India head

Amazon.com named Samir Kumar as its new India head on Wednesday, handing the reins to a 25-year company veteran as ......

CCI probe finds Amazon, Walmart's Flipkart breached India antitrust laws

TMT

13 September, 2024

CCI probe finds Amazon, Walmart's Flipkart breached India antitrust laws

An Indian antitrust investigation has found U.S. e-commerce giant Amazon and Walmart's Flipkart violated local competition laws by giving preference to ......

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Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

General

10 September, 2024

Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

Carlyle, Premji Invest, and Japan's Mizuho Financial Group are vying to acquire a controlling stake in Avendus Capital, currently owned by KKR, a media report ......

Commerce minister Goyal accuses Amazon, e-commerce players of predatory pricing

Consumer

21 August, 2024

Commerce minister Goyal accuses Amazon, e-commerce players of predatory pricing

India's commerce minister accused Amazon and other e-commerce companies of predatory pricing practices and said the sector's rapid rise should ......

Grapevine: Amazon nears Axio acquisition; PEs in race for Eye Foundation

General

31 July, 2024

Grapevine: Amazon nears Axio acquisition; PEs in race for Eye Foundation

Amazon is close to its second acquisition in the Indian fintech space, after Emvantage, a media report said.   The company is ......

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Amazon Smbhav Venture Fund's head on strategy, SMB digitisation and more

TMT

08 July, 2024

Amazon Smbhav Venture Fund's head on strategy, SMB digitisation and more

Ecommerce giant Amazon launched a $250-million (Rs 2,086 crore) venture capital fund in 2021, mainly to support India's small and ......

Reliance's Jio Platforms gets space regulator's nod to launch satellite internet

TMT

13 June, 2024

Reliance's Jio Platforms gets space regulator's nod to launch satellite internet

A joint venture between Reliance Industries' Jio Platforms and Luxembourg-based SES to provide gigabit fibre internet has won approval from ......

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Deals Digest: Slight uptick in total funding this week but volumes slump

General

07 June, 2024

Deals Digest: Slight uptick in total funding this week but volumes slump

The amount of capital raised by companies from venture capital and private equity firms edged up this week, propelled by ......

Google, Amazon, Apple lobby group opposes India's EU-like antitrust proposal

TMT

28 May, 2024

Google, Amazon, Apple lobby group opposes India's EU-like antitrust proposal

A U.S. lobby group representing tech giants Google, Amazon and Apple has asked India to rethink its proposed EU-like competition ......

Pro
Samara pumping more cash into portfolio firm ahead of IPO as business flounders

Consumer

04 April, 2024

Samara pumping more cash into portfolio firm ahead of IPO as business flounders

Indian private equity firm Samara Capital is set to infuse additional capital into one of its consumer-facing portfolio companies before ......