e-commerce
TMT
ShopClues acquires mobile payments startup Momoe
Online shopping marketplace ShopClues has acquired Bangalore-based Momoe Technologies Pvt. Ltd, as it looks to build a payments business and ......
TMT
Flipkart's Myntra burning more money than Rocket Internet's Jabong
Rocket Internet-controlled fashion e-commerce venture Jabong, which has been on the block for over a year now, was bigger as ......
TMT
Alibaba, Abof, Future Group join race to acquire Jabong
Chinese e-commerce giant Alibaba, Aditya Birla's new e-commerce venture Abof along with homegrown e-commerce companies Myntra and Snapdeal, besides brick-and-mortar ......
TMT
Flipkart suffers sixth markdown as Vanguard slashes stake value
A mutual fund managed by US-based investment firm Vanguard Group has marked down the value of its stake in Flipkart, ......
TMT
Govt scraps 'angel investment tax' that probably no one paid
The government has scrapped the so-called ‘angel investment tax’ on investors providing funding to startups.This means resident angel investors, domestic ......
TMT
Chinese handset retailer to buy 49% in Spice Online for $2.5 mn
Beijing Digital Telecom Co Ltd said on Wednesday it has agreed to acquire a stake in the online retail arm ......
TMT
Amazon to invest $3 bn more in India
Amazon.com Inc plans to invest $3 billion more in India, founder and CEO Jeff Bezos said, as the US e-commerce ......
TMT
Malaysia's Axiata Digital invests $16 mn in e-commerce enabler StoreKing
Malaysian telecom operator Axiata Group Berhad has invested $16 million in Bangalore-based StoreKing, an e-commerce startup that helps retailers to ......
Technology
Student micro-loan startup KrazyBee gets seed funding from Chinese firms
Student micro-loan startup KrazyBee.com, run by Bangalore-based Finovation Tech Solutions Pvt Ltd, has raised $2 million......
TMT
Intel Capital exits 123Stores.com parent IntraSoft
Intel Capital, the corporate venture capital arm of chipmaker Intel Corp, has exited its over eight-year-old investment in IntraSoft Technologies ......
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