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SHOPX FOUNDER
- Trust established by Nandan Nilekani buys residential property worth Rs 59 croresNilekani has been non-executive chairman of the country’s second-biggest software developer since August 2017 and is also credited with bui...
Unicorn up for sale; egaming policy coming soonJust three years after it hit a valuation of $1 billion, new-age trucking logistics firm Rivigo is in deep trouble. Unable to raise funds, ...- Nandan Nilekani-backed ShopX files for bankruptcy“Since the business model has not succeeded, it has not been able to generate enough cash flow from operations or raise new capital and is ...
- Nandan Nilekani's NRJN Family Trust buys prime property worth Rs 58 cr in BengaluruThe tech capital of India is increasingly seeing investment in second homes by ultra-high net worth individuals (UHNIs) as the residential ...
- Nandan Nilekani-backed ShopX forays into consumer segmentThis will allow consumers to discover local stores and offers via the app, and will partner with brands and offline retailers. The app will...
- Drone delivery trials begin this weekIn today’s ETtech Morning Dispatch: India to start testing drone delivery this week; Byju’s is India’s most valued startup; and PhonePe-Ind...
- The future of ecommerce logistics is taking flightFlipkart and Amazon, the two leading e-commerce marketplaces in the country, have been steadily investing in automation technologies on a p...
- Supply chain firms help kiranas meet spike in demandThese firms are helping corner stores find solutions to cater to a demand surge from customers during the ongoing 21-day national lockdown....
- The enablers: These changemakers are helping millions, breaking barriersAcross India, with their set of unique product offerings, many new age, tech-led players such as Payworld, ShopX and Shiprocket are playing...
- Udaan raises $225 million from DST Global, Lightspeed to become India's fastest UnicornThe company, founded by former executives of Flipkart, is in advanced talks to raise $225 million from investors.
- ShopX raises $35 million from Fung to fuel expansion plansThe Indian B2B retail industry is estimated at over $100 billion, and with negligible online penetration, it offers good opportunity for pl...
- Udaan gets $50 million in Series-B round to take offThis is one of the biggest funding rounds at an early stage in the Indian startup ecosystem.
- Nandan Nilekani, Helion's Sanjeev Aggarwal launch $100-million fund FundamentumThe fund called Fundamentum, which has so far closed $50 million, will see one-third of the corpus coming from Nilekani and Sanjeev Aggarwa...
- ShopX enters into strategic tie-up with PumaPuma will leverage ShopX's digital offline model to scale up its footwear business and help it establish presence in over 1,500 retail outl...
- Nilekani teams up with Helion's Sanjeev Aggarwal to set up VC firm to fund mid-stage startupsThe fund, with a corpus of at least $100 million, will consist mostly of personal capital pooled in by the technology titans. The rest will...
- Market potential huge, e-tailers bound to succeed: Nandan NilekaniNandan Nilekani is also of the view that a prudent cash management and improved customer experience will stand them in good stead.
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