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Alibaba

Alibaba haults startup investments in India; to revamp strategy

Alibaba, a Chinese tech giant, which has made some promising investments in the Indian startup ecosystem, is temporarily, stopping all new investment activity to...
snapdeal kunal bahl

Japan-based SoftBank in talks with Snapdeal; likely to infuse $100 million

After injecting a great deal of wealth in Flipkart and Paytm Mall, Japanese business giant SoftBank, is reportedly, in a discussion with Gurugram-based Snapdeal...
Paytm Mall

Paytm Mall shuts down warehouses to comply with FDI in e-commerce...

Paytm Mall, an arm of India's major fintech startup Paytm, based out of Noida, is, reportedly, closing its warehouses and adopting a hyperlocal model,...

ShopClues eyes for fresh investment round days after laying off over...

ShopClues, an e-commerce startup, headquartered in Gurugram, is aiming to raise a new investment round. While, according to an anonymous source, this fund raise...

Weekly funding report (Third week of July): Indian startup ecosystem bags...

As the week steps into its last phase of the month, the Indian startup ecosystem, in third term of July, has been able to...

ShopClues fires over 150 employees, claims eyes on profitability

ShopClues, an e-commerce startup, headquartered in Gurugram, has, reportedly, displaced around 150-200 of its employees across departments, cited Inc42. The development comes days after an...

eBay to acquire 5.5% stake in Paytm Mall at $3 Billion...

eBay, an American multinational e-commerce, based out of California, is, reportedly, ready to infuse funds in Paytm Mall, India's largest digital transaction company, for...

SoftBank plans to invest $2-4 billion in India over next two...

SoftBank Vision Fund, based out of Japan, has planned to invest $2-4 billion in India over the next two years. The investment will be...
Paytm Mall

Paytm Mall chops monthly cash burn to ₹40 cr, focuses on...

Shifting its focus to offline sellers services like advertising and marketing, Paytm Mall, has slowed down its rate of using monthly capital, often called...
Paytm

Paytm to partner with SME lending platform Clix Capital

Paytm, India's fastest growing digital payment platform is, reportedly, set to join hands with the SME (Small to medium enterprise) lending platform Clix Capital. According...