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In another top-level exit, Flipkart's COO Nitin Seth resigns

People

31 May, 2017

In another top-level exit, Flipkart's COO Nitin Seth resigns

Online marketplace Flipkart’s chief operating officer Nitin Seth has quit the firm, a financial daily reported on Wednesday.Seth has resigned ......

Lightspeed, WaterBridge, others back hyperlocal discovery startup Magicpin

TMT

31 May, 2017

Lightspeed, WaterBridge, others back hyperlocal discovery startup Magicpin

Gurgaon-based hyperlocal discovery and rewards platform Magicpin, which is operated by Samast Technology Pvt. Ltd, has raised $7 million (around ......

Online marketplace Infibeam's net profit rises six times in Q4

TMT

31 May, 2017

Online marketplace Infibeam's net profit rises six times in Q4

Infibeam Incorporation Ltd, the parent of online marketplace Infibeam and e-commerce enabler BuildaBazaar, reported a net profit of Rs 13.6 ......

Can Naspers' backing help Swiggy take on Zomato and Foodpanda?

TMT

31 May, 2017

Can Naspers' backing help Swiggy take on Zomato and Foodpanda?

South African technology group Naspers has led an $80 million funding round in food-delivery startup Swiggy. This is the single-largest ......

Rocket Internet eyes profit from startups, narrows quarterly loss

TMT

31 May, 2017

Rocket Internet eyes profit from startups, narrows quarterly loss

Rocket Internet said three of its leading start-ups were on track to make a profit by the end of the ......

Naukri.com parent Info Edge's Q4 net profit drops 15%

TMT

30 May, 2017

Naukri.com parent Info Edge's Q4 net profit drops 15%

Online classifieds firm Info Edge (India) Ltd, which runs Naukri.com, 99acres.com and Jeevansathi.com, among other businesses, reported a net profit ......

Grocery startup Supr Daily gets $1.5 mn from Silicon Valley investors

TMT

30 May, 2017

Grocery startup Supr Daily gets $1.5 mn from Silicon Valley investors

Groceries subscription startup Supr Daily has raised $1.5 million (Rs 10 crore) from Silicon Valley-based investors Soma Capital, Great Oaks ......

India's ed-tech industry to grow eight-fold to $2 bn by 2021: Google-KPMG study

TMT

30 May, 2017

India's ed-tech industry to grow eight-fold to $2 bn by 2021: Google-KPMG study

India's online education industry is expected to grow almost eight times to hit $1.96 billion by 2021, with the number ......

Naspers leads $80 mn Series E round in food-delivery startup Swiggy

TMT

30 May, 2017

Naspers leads $80 mn Series E round in food-delivery startup Swiggy

Online food ordering startup Swiggy.com, which is run by Bengaluru-based Bundl Technologies Pvt. Ltd, has secured $80 million (around Rs ......

Digital lending startup SimpliLend raises angel funding

TMT

30 May, 2017

Digital lending startup SimpliLend raises angel funding

Delhi-based Simplified Fintech Pvt. Ltd, which operates yet-to-be-launched online lending platform SimpliLend, has bagged an undisclosed amount in angel funding ......

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