WoodenStreet’s FY20 Expansion begins with a New Store in Whitefield, Bengaluru

India’s finest custom furniture store, WoodenStreet, will begin its first tier of expansion in FY20 by opening a new Experience Store within the Whitefield...

Big Basket raises $150 million in latest funding round, Joins prestigious unicorn club

Indian online supermarket Big Basket becomes this year's second startup to join the prestigious Unicorn group. The Hari Menon co-founded Indian startup raised about...
Haptik Jio

Jio to acquire Conversational Al platform Haptik for ₹200 crores : Report

Reliance Jio is reportedly acquiring Haptik--an enterprise Conversational Al platform based in Mumbai, India, founded in 2013. The transaction is expected to be completed...

Paytm in talks to raise $1.5-2 billion from Softbank, Alibaba; Valuation to soar to...

Digital payment platform Paytm is soon likely to receive around $1.5 billion to $2 billion in a latest funding round. As per media reports,...

Ola to launch ‘self drive’ cab service; commits an investment of $500 million

India cab hailing startup Ola will be soon launching a "self-drive" service in the top-markets of India, under its broader plan of expanding its...

PhonePe gets in-principle approval to hive-off business from Flipkart

Flipkart owned digital payments platform, PhonePe  has got in-principle approval from Flipkart to hive-off its business from its parent organisation. Flipkart has a 100%...

Flipkart launches investment fund to help early-stage startups

E-commerce giant Flipkart will be dedicating funds for investment in various other startups, for doing so the e-commerce company has constituted $60-$100 million fund...

Softbank backs Delhivery with $413 million funding, pushing it into prestigious Unicorn club

Softbank backed logistics startup Delhivery has raised $413 million in a funding round led  by Softbank Vision Fund, the company stated on Sunday. It...

IT department exempts 120 startups form paying taxes on fund raised through angel investors

The Income Tax (IT) department has exempted 120 startups from paying taxes on capital raised from angel investors. The intimation has been sent to the...

Karnataka bans Ola for next 6 months for operating “Unsafe” bike taxis

In a major decision that could affect thousands of commuting passengers and divers, Karnataka state transport department has banned the operations of ride hailing...