Dunzo shifts growth gears; Shiprocket is 20th unicorn of 2022After that round, the company stepped on the gas as it looked to expand operations amid intense competition from rivals like Swiggy’s Insta...
18 Aug, 2022, 07.52 AM IST
Shiprocket turns unicorn with $32 million fundingThis takes its valuation to around $1.3 billion, making it the latest entrant to the unicorn club this year. Startups valued at $1 billion ...
17 Aug, 2022, 09.10 PM IST
Shiprocket is 20th unicorn of 2022; Flipkart gives Walmart an ad boostShiprocket becomes India's 106th unicorn.
17 Aug, 2022, 07.40 PM IST
Japan's Daiwa Securities-owned DC Advisory bolsters senior leadershipChiripal, who until recently was Spark Capital’s head of investment banking, will also be head of financial services and sponsor coverage, ...
03 Aug, 2022, 07.58 AM IST
Uber likely to sell 7.8% Zomato stake today; Foxconn expands TN factoryUber said in its earnings report on Tuesday that it had suffered an unrealised loss of $245 million on its investment in Zomato during the ...
03 Aug, 2022, 07.50 AM IST
Avendus Future Leaders Fund buys stake in Xpressbees for Rs 195 croreThis is the sixth deal from the new Rs 1,500-crore fund II raised by Avendus in August 2021. So far, it has invested in companies such as S...
02 Aug, 2022, 06.00 AM IST
The fallout from China’s tech-tonic shiftTop executives, startup founders and CEOs of Indian internet firms including Flipkart, Paytm, Oyo Hotels & Homes, Ola, Zomato, Swiggy, Make...
23 Jul, 2022, 07.42 AM IST
Slice alters business model; SoftBank, Sequoia want firms to join ONDCThe new rule has forced Slice, which until now offered a revolving credit line to customers, to alter its business model.
20 Jul, 2022, 07.02 AM IST
PharmEasy may take 25% valuation cut; B Capital raises $250M for early-stage betsPharmEasy is ready to take a valuation cut of up to 25% to bag $200 million from investors amidst the ongoing funding winter, sources told ...
19 Jul, 2022, 08.47 PM IST
Shiprocket acquires Arvind Ltd’s Omuni for Rs 200 crore in cash and stockThe transaction will enable faster deliveries of shipments from the nearest store or warehouse, reducing delivery timelines and enhancing c...
19 Jul, 2022, 07.29 PM IST
RBI’s new mandate sparks confusion among fintechs; Foxconn may make EVs in IndiaThe regulator’s directive quickly sparked confusion and frustrations among fintech startups, which told us the RBI appears to be giving ban...
22 Jun, 2022, 07.12 AM IST
Xpressbees enters D2C delivery business after Shiprocket's Pickrr dealXpressbees said it will offer same-day and next day deliveries to D2C brands and large offline brands which are tapping into online commerce
21 Jun, 2022, 11.38 AM IST
Shiprocket takes majority stake in Pickrr in a $200 million deal, closing Shyplite buy tooZomato and Temasek-backed Shiprocket is also in the final stages of closing its acquisition of the India business of smaller rival Shyplite...
15 Jun, 2022, 09.20 AM IST
Govt to plug Aadhaar gaps, curb misuse; Udaan ‘on track’, CEO tells staffUIDAI also plans to integrate its data with death registration records to prevent people from using Aadhaar numbers of deceased citizens to...
15 Jun, 2022, 08.04 AM IST
Logistics cos Delhivery, Ecom Express in tussle with aggregators over shipment ratesLast month, Delhivery, Ecom Express and Xpressbees simultaneously increased shipment prices for the aggregators for trying to poach their c...
09 May, 2022, 12.11 PM IST
Tussle continues between logistics cos & aggregators; ecomm grows even as offline stores reopenThe aggregators are now passing on the increased costs to customers.
09 May, 2022, 07.23 AM IST
Shiprocket looks to land $200m; ecomm firms begin festive season hiringShiprocket, a company that collects goods from online businesses and sends them to delivery companies, is finalising a new round of funding...
08 Sep, 2021, 07.09 AM IST