Snapdeal posts ₹514 crore in revenue, while shrinking losses by 87% to ₹613 crore...
New Delhi-based e-commerce startup Snapdeal, owned and operated by Jasper Infotech, has posted ₹514.5 crore in revenue for FY18, which dropped more than 50% from ₹1,105.7...
Ujjivan Small Finance Bank could get ₹350 crore from IFC
International Finance Corporation (IFC), the investment arm of the World Bank Group, is looking to invest around ₹350 crore ($50 million), as debt capital...
Fino Payments Bank fined ₹1 crore for opening new accounts against RBI order
In a fresh bout of trouble, Mumbai-based Fino Payments Bank has been fined ₹1 crore by the Reserve Bank of India (RBI).
In a fresh notification,...
FreeCharge Co-Founder Kunal Shah unveils new venture ‘Cred’
After working on his new venture for more than three years, FreeCharge Co-Founder Kunal Shah has unveiled his new venture 'Cred'.
While the details regarding...
Ola rides into New Zealand, expanding international presence
Indian cab-hailing company Ola continues its international expansion, marking its foray into the New Zealand market. In a span of fewer than 12 months,...
Transit Capital in talks to raise maiden fund with target corpus of ₹438 crore
Mumbai and San Francisco-based cross-border venture capital firm Transit Capital is reportedly in talks to raise its maiden fund, targetting a corpus of around ₹365-438...
Social commerce Meesho raises ₹365 crore in series C led by Shunwei, DST, RPS
Bengaluru-based social e-commerce startup Meesho has raised around ₹365 crore in a series C funding round. The round was led by three new investors,...
Amazon infuses ₹122 crore into Amazon Tranportation Services, its Indian logistics arm
Amazon has pumped in ₹122 crore in its Indian logistics arm, Amazon Transportation Services, through Amazon Corporate Holdings and Amazon.com, according to the documents filed with...
Impact investor Aavishkaar to raise ₹2,200 crore fund, focused on South Asia
Mumbai-based impact investor Aaavishkaar Group is looking to raise ₹2,200 crore ($300 million) for its new fund, to invest in South Asian countries, as reported...
NephroPlus acquires kidney care company DaVita Care India
Hyderabad-based dialysis care provider NephroPlus has acquired DaVita Care India, the Indian arm of the US-based DaVita Inc, for an undisclosed amount.
As part of...
