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Myntra chalks out growth road map for AI biz unit Rapid

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26 December, 2017

Myntra chalks out growth road map for AI biz unit Rapid

Fashion e-tailer Myntra plans to turn its artificial intelligence (AI) and machine learning platfrom called Rapid into a separate business ......

VCC Startups Weekly Wrap: Ola buys Foodpanda; Quikr picks up HDFC Realty

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23 December, 2017

VCC Startups Weekly Wrap: Ola buys Foodpanda; Quikr picks up HDFC Realty

Cab aggregator Ola was the newsmaker of the week as it opened up a new battle front against global rival ......

Flipkart to float artificial intelligence unit AIforIndia

TMT

21 December, 2017

Flipkart to float artificial intelligence unit AIforIndia

After launching its data analytics-driven brand Billion, Indian e-commerce giant Flipkart will create an artificial intelligence unit called AIforIndia to ......

Tendulkar-backed Smartron buys into home automation startup MiQasa

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20 December, 2017

Tendulkar-backed Smartron buys into home automation startup MiQasa

Hyderabad-based Internet of Things firm and devices maker Smartron India Pvt. Ltd said on Wednesday it has picked up a ......

Amazon may invest in SME lending platform Capital Float: Report

TMT

18 December, 2017

Amazon may invest in SME lending platform Capital Float: Report

E-commerce major Amazon.com Inc.’s Indian arm is likely to invest $5-10 million (Rs 32-64 crore) in digital lending platform Capital ......

VCC Startups weekly wrap: Jhunjhunwala backs Nazara; SoftBank, Alibaba get CCI nod

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16 December, 2017

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 ......

Myntra to launch offline beauty stores: Report

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15 December, 2017

Myntra to launch offline beauty stores: Report

Flipkart group’s fashion and lifestyle e-tailing arm Myntra is planning to enter the beauty market by opening a chain of ......

Flipkart wholesale arm's FY17 revenue touches $2.4 bn but growth slows

TMT

15 December, 2017

Flipkart wholesale arm's FY17 revenue touches $2.4 bn but growth slows

Flipkart India Pvt. Ltd, the wholesale arm of homegrown e-commerce marketplace Flipkart, has reported a slower rise in revenue for ......

India competition watchdog approves SoftBank-Flipkart, Alibaba-BigBasket deals

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14 December, 2017

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 ......

Flipkart completes $100 million ESOP buyback

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13 December, 2017

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 ......