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MADHAV CHANCHANI
Pepperfry CEO Ambareesh Murty's demise shocks India Inc: Author Amish Tripathi remembers college days, CashKaro boss Swati Bhargava recalls 'amazing entrepreneur'Ambareesh Murty, co-founder and CEO of Pepperfry, passed away at the age of 51 following a cardiac arrest while in Leh, Ladakh. The news ha...- Growth comes at a price for Flipkart, Amazon & SnapdealET takes a look at how these marketplaces stack up and where the cash is being spent.
- Budget 2016: Startups not excited, expected more from governmentThe startup world reacted with muted enthusiasm to the budget, showering mild praise on proposals, which were anyway anticipated.
- These startups will provide direct connect between retailers and customersStartups such as Goodbox and Lookup are attempting to make daily online shopping a more personalised experience, while also helping merchan...
- Global fund allows us to be opportunistic, says Pramod Haque of Norwest Venture Partners"We’re also very mindful of valuations, and when they get a bit aggressive we decide to wait and see."
- Accel Partners sells fractional stake in Flipkart to Qatar Investment Authority for $100 millionAccel, the first venture investor in Flipkart, remains the second-largest shareholder in the firm behind New York-based hedge fund Tiger Gl...
- Zomato to focus on revenues; will return to basicsZomato will return to basics in the form of focus on old-fashioned topline and bottomline as it reorients itself in anticipation of a tough...
- Broking startup Zerodha to enter non-banking finance space and expand overseasCEO Kamath said that they have applied to RBI for an NBFC license, and once approvals are in place they would start the business in 6 to 8 ...
- Japanese firms like Softbank Capital show growing interest in India’s thriving startup ecosystemHaving witnessed explosive growth in China over the past few years, Japan is now eager to reap benefits of a similar growth trend projected...
- TaxiForSure co-founders may step down after merger with Ola, other employees likely to be retainedOla is in an advanced stage of finalising a deal to buy TaxiForSure at an estimated $200 million in stock, as it sets to take on Uber.
- Snapdeal co-founders Kunal Bahl and Rohit Bansal too contribute in recent funding roundHe declined to disclose the amount invested by the two cofounders or their exact stakeholding in the company, citing confidentiality.
- Lightbox Ventures II raises Rs 600 croreIt has been raised completely from overseas investors and underlines a growing appetite for the country's fast-growing start-up space.
- Ritesh Agarwal's Oravel Stays valued at Rs 150 crore in funding round“The primary investment into the company has closed, with Sequoia Capital leading the round. That would be about $5 million."
- Startups cash in on mobile gaming feverAn ever-increasing number of smartphone users and better bandwidth capabilities have pushed a number of startups to try their hand at mobil...
- Seedfund's three founders plan to go their own wayThe investment firm is best known for recording one of the most profitable exits in India's nascent venture capital industry.
- Riva's messaging app Flock to compete with Skype, Yammer and SlackFlock is expected to be launched across platforms like iOS, Android, Windows PC, Mac and Linux.
- Magzter looks to boost revenue from advertisementsThe company, which currently relies on subscription revenues, plans to set up an ad engine which will deliver ads to magazines hosted on th...
- Leapfrog invests $29 million in IFMR Capital FinanceUS-based Leapfrog Investment has bought a minority stake in financial services provider IFMR Capital Finance for $29 million (Rs 174 crore).
- Rehan Khan to raise Rs 300 cr for startups building technology productsKhan expects to raise between Rs 200 cr and Rs 300 cr for the fund, Orios Venture, which is in the process of being registered with market ...
- Nasdaq-listed MakeMyTrip initiates sale of 4.5 million sharesMakeMyTrip has initiated a share sale for about 4.5 million shares, which includes stake sales by its venture capital investors and the man...
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