Two decades ago, it seemed you couldn't walk down a street in Bengaluru without bumping into a software engineer. Today, one of the hottest...

The round, which is largely a primary fundraise, includes a small portion of secondary share sale where some early investors have partially...

The investment comes even as the company appears to be restructuring its operations in the wake of the Indian government's requirement that...

Many of the deals involve ultra-rich founders who have been helped by cheap financing and the sluggish share performance of their businesse...

This is part of a boom in private space investment and activity, fuelled by a race to create a computing and data-communications shell surr...

“Investors now want to see Samwer write new success stories by starting or backing more companies that can succeed on a larger scale,” said...

Despite a strong presence in various consumer internet segments in India’s tech ecosystem, Rocket Internet failed to make any waves due to ...

The country’s food delivery industry will more than double to $2 billion by 2021, said Nauman Sikandar Mirza, Foodpanda’s chief executive o...

Alibaba took control of Lazada last year from Rocket in a $1 billion deal -its largest overseas move to date.

Orbital uses image processing and algorithms to track trends visible in cars, farms and buildings.

Delivery Hero is also acquiring new markets with leading market positions further broadening its geographic footprint, he added.

Founded in 2013 by Alibaba and a small group of initial backers that includes trucking companies, Cainiao underpins the commerce giant’s ex...

India is now seeing venture investments slide after surging to a record $8.9 billion in 2015, according to the research firm Preqin. The pa...

Excessive discounting, heavy promotional spend and burgeoning staff expenses have taken a toll on startups in the scramble to frantically s...

According to sources GFG has decided to inject additional funds into its lossmaking fashion ecommerce company Jabong to keep it afloat for ...

Goldman Sachs Investment Partners will take a seat on Foodpanda's advisory board. Existing investors including Rocket also took part in the...

The deal sees Delivery Hero exiting the Indian food services market to focus more on growth markets such as Latin America and Europe.