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Snabbit raises $56 million from Susquehanna VC, Mirae, others; valuation doubles to $350 millionSnabbit, an instant house help startup, has secured $56 million in a new funding round. This investment, led by Susquehanna Venture Capital...- India’s economy lighting up on peak festive season demandThis year’s Diwali, the festival of lights that falls on Oct. 24 and the equivalent of Christmas in the West, will be India’s first season ...
- India’s economy lighting up on peak festive season demandIndia’s largest carmaker Maruti Suzuki India Ltd. saw demand for its cars rise 20% year-on-year, led by its premium offering. “The growth n...
- LT Foods to step up investments on new product developmentLT Foods expects to spend 4% of branded sales on marketing which is 75% of its total revenue. A report by RedSeer forecasted the ready-to-c...
- Flipkart advances Big Billion Days dates to start a day before Amazon’s Great Indian FestivalFlipkart had announced that the eighth edition of Big Billion Days will be held from October 7-12. That now stands revised to October 3-10....
- India’s tech-driven auto evolutionIndia is expected to be the world’s third-largest automotive market in terms of volume by 2026. Homegrowth tech startups will have a huge r...
- Indu Jain: All happinessRajashree BirlaOur freedom, peace and joy in the present is all that counts. We must learn to live in the moment and be happy. This is one ...
- India rides business 'adversely affected' by second Covid-19 wave, says Uber chiefUber CFO Nelson Chai said the growth in the US and other international markets would offset the headwinds being faced in India and Brazil.
- Investor cuts Ola valuation to about $3 billionVanguard Group, which currently owns less than 1% of Ola, cut the value of its investment in the ride-hailing firm by 45% in the first half...
- Flipkart's Big Billion Days Sale: Half of new shoppers on Day 1 were from tier-3 cities and beyondThere was a 53% surge in new customers in the home category, while large appliances, and beauty and general merchandise each witnessed a ne...
- Amazon infuses Rs 1,125 crore into India unit ahead of festive salesAmazon Seller Services allotted equity shares to these entities for the said transaction on September 17, 2020.
- Jeff Bezos’s family office bets on Sujal Patel’s startup that is mapping human proteinsNautilus has high hopes for the potential impact of studying proteins. The human genome itself is a set of instructions for how the body sh...
- How Ambani, Amazon and Walmart may help save India's banksEven as the despondence cuts across industries, there is one credit tap that has started to gurgle.
- Jeff Bezos, Warren Buffett bet on a $250 billion unclaimed internet marketIndia is now the world’s fastest growing major economy, and per capita incomes have been climbing steadily.
- The CEO who helped deliver India’s online shoppers to WalmartKrishnamurthy started his tenure by trying to change the narrative to one based on a homegrown operator knowing what 1.3 billion Indians wa...
- India continues to be a rather large investment for us: AmazonFor the December quarter, Amazon's International business posted an operating loss of $ 487 million, up significantly from $ 108 million in...
- Narendra Modi set for National Yatra; BJP planning around 100 ralliesBJP is planning a series of nationwide rallies after June where it hopes to use the oratorical skills of Narendra Modi.
- Functioning of Parliament is Congress-led UPA’s responsibility: BJPBJP is bracing up for a fiercer confrontation with the government in the remaining nine days of the budget session.
- Narendra Modi talks riots with Ramdev menModi touched on what has been a raw nerve for him-—riots—though only to say the state has been free of it in the last 12 years.
- Mahindra Satyam in alliance with US-based GalorathMahindra Satyam announced a global alliance partnership with Galorath Inc, a California-based leading provider of estimation solutions call...
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