Startups Rocket CEO Samwer looks at crafting new strategies for success“Investors now want to see Samwer write new success stories by starting or backing more companies that can succeed on a larger scale,” said...
Future group likely to shutter FabFurnishPeople in the know said Biyani does not want to continue investing in two brands especially when FabFurnish has not performed as expected.
Delivery Hero Holding GmbH acquires FoodpandaDelivery Hero is also acquiring new markets with leading market positions further broadening its geographic footprint, he added.
Rocket: Strategy of betting on entrepreneurs failed in IndiaRocket Internet infuses the startups with huge capital and increases the chances of success by giving the entrepreneurs a sense of security.
Inside Rocket Internet’s Ailing Startup FactoryMangrove Chief Executive Officer Mark Tluszcz regrets getting involved with Rocket and says Nestpick’s survival is far from assured.
Rocket's GFG raises $33 million amid Jabong sale talksExisting investors Kinnevik, Rocket Internet and Rocket Internet Capital Partners have participated in this round, the company said in asta...
Top political, business leaders discuss startupsAs part of the Viva Summit, over 5,000 startups will showcase themselves to leaders, investors and academicians, as per the event’s website.
Bharti's Mittal, French President, top business leaders meet on startupsThe meeting was hosted ahead of the launch of the Viva Summit in Paris, which is touted as the “Davos for Start-upsand is focused on bringi...
Jabong parent, GFG, raises EUR 300 million in fresh funding; Valuation plummetsPost the July 2015 round of funding, Kinnevik had increased its ownership in GFG to over 25%, while Rocket Internet's stake had come down t...
Indian e-commerce most challenging in world: Lorenzo Grabau, AB Kinnevik"The Indian market is very exciting but it is also a place where there are a lot of talented local entrepreneurs and management teams with ...
Foodpanda finds no takers even at $10 million price tagDespite low valuation, the food ordering platform has not found a buyer yet, signalling that it may decide to shut India operations soon.
Roadrunnr may sprint home with Rs 300 crore in DST Global-led fundraiseRoadrunnr which started as a hyperlocal logistics company aims to expand to delivering packages both within large cities and local neighbou...
Lookup, a free and secure messaging app, raises $2.5 millionIn January this year, Lookup had raised $382,000 in its seed round from Infosys co-founder Kris Gopalakrishnan, DeNA Japan, Beenos founder ...
Cartisan gets funds to ride into new marketsThe funding, a first for the startup, will be used by the less than two month-old venture to expand into newer territories.
Sequoia Capital leads $18 million investment in CraftsvillaCraftsvilla, a Mumbai based online marketplace for ethnic products, has raised $18 million in a second round of funding led by Sequoia Capi...
Rocket Internet acquires majority stake in FoodpandaConfirming the development Foodpanda said with this fresh round it has now raised a total of over USD 200 million.
Samwer bros' Rocket Internet spending big bucks to gain foothold in Indian e-com industryRocket Internet GmBH - founded by siblings Marc, Oliver and Alexander Samwer - is often attacked for cloning successful US start-ups in eme...