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Paytm, BigBasket investor Alibaba files for Hong Kong listing

TMT

13 June, 2019

Paytm, BigBasket investor Alibaba files for Hong Kong listing

Chinese e-commerce giant Alibaba Group Holding Ltd has filed confidentially for a Hong Kong listing, according to one source familiar ......

KKR may enter control deal with Svakarma Finance; Paytm likely to buy Coverfox

General

03 June, 2019

KKR may enter control deal with Svakarma Finance; Paytm likely to buy Coverfox

US-based private equity investor KKR & Co. will pay $50 million (Rs 347 at current exchange rate) to buy a ......

Yatra's Shringi, MakeMyTrip's Kalra among India's highest-paid startup execs

People

31 May, 2019

Yatra's Shringi, MakeMyTrip's Kalra among India's highest-paid startup execs

The top executives of India’s best-funded new-age technology ventures secured a median hike of around 27% in gross remuneration for ......

Paytm set to back HungerBox; ArcelorMittal, PE fund may tie up for Essar power plant

General

28 May, 2019

Paytm set to back HungerBox; ArcelorMittal, PE fund may tie up for Essar power plant

Business-to-business (B2B) food-tech firm HungerBox may raise $15 million (around Rs 100 crore) in a round led by Paytm, The ......

Paytm backer Alibaba plans $20-bn Hong Kong listing to boost investment war chest

TMT

28 May, 2019

Paytm backer Alibaba plans $20-bn Hong Kong listing to boost investment war chest

Alibaba is considering raising as much as $20 billion through a secondary listing in Hong Kong, people familiar with the ......

Citigroup looks to expand India retail banking business with Paytm tie-up

Finance

14 May, 2019

Citigroup looks to expand India retail banking business with Paytm tie-up

India’s top digital payments firm Paytm on Tuesday launched a credit card with Citigroup, widening its financial product base while ......

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Fund Scan: How Sixth Sense is replicating founder Nikhil Vora's Paytm success story

Finance

10 May, 2019

Fund Scan: How Sixth Sense is replicating founder Nikhil Vora's Paytm success story

Just days before SoftBank’s record $1.4-billion investment in Paytm in 2017, an individual investor’s exit from the digital wallet company ......

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Dutch investor FMO bets on second fin-tech startup

TMT

02 May, 2019

Dutch investor FMO bets on second fin-tech startup

Dutch development bank FMO, which counts India as one of the top countries in terms of its investment allocation, has ......

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In Charts: How much cash did India's top-funded startups burn in FY18?

TMT

12 April, 2019

In Charts: How much cash did India's top-funded startups burn in FY18?

India’s heavily funded technology startups are growing at a breakneck speed even though they have shifted gears downwards and have ......

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India's top startups logged $2.8 bn loss on $7.7 bn revenue in FY18: VCCircle study

TMT

08 April, 2019

India's top startups logged $2.8 bn loss on $7.7 bn revenue in FY18: VCCircle study

The combined revenue of India’s highest-valued technology startups grew at a fast clip in the financial year 2017-18, according to ......