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

People in the know said Biyani does not want to continue investing in two brands especially when FabFurnish has not performed as expected.

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

Rocket Internet infuses the startups with huge capital and increases the chances of success by giving the entrepreneurs a sense of security.

Mangrove Chief Executive Officer Mark Tluszcz regrets getting involved with Rocket and says Nestpick’s survival is far from assured.

Existing investors Kinnevik, Rocket Internet and Rocket Internet Capital Partners have participated in this round, the company said in asta...

As part of the Viva Summit, over 5,000 startups will showcase themselves to leaders, investors and academicians, as per the event’s website.

The 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...

Post 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...

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

"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 ...

Despite low valuation, the food ordering platform has not found a buyer yet, signalling that it may decide to shut India operations soon.

In January this year, Lookup had raised $382,000 in its seed round from Infosys co-founder Kris Gopalakrishnan, DeNA Japan, Beenos founder ...

The funding, a first for the startup, will be used by the less than two month-old venture to expand into newer territories.

Craftsvilla, a Mumbai based online marketplace for ethnic products, has raised $18 million in a second round of funding led by Sequoia Capi...

Confirming the development Foodpanda said with this fresh round it has now raised a total of over USD 200 million.

Rocket Internet GmBH - founded by siblings Marc, Oliver and Alexander Samwer - is often attacked for cloning successful US start-ups in eme...