Paisabazaar.com announced that it has raised additional funding of Rs 200 crore in funding from its parent company EtechAces Marketing and Consulting Private Limited. This was a part of the pre-IPO fundraising that EtechAces had carried out last year. The company had raised Rs 500 crore from existing and new investors including True North and […]

The Indian e-commerce giant, Flipkart’s logistics partner, Ekart, has reportedly received funding of Rs 1632 crore from Klick2Shop,a company registered in Singapore. As per the documents filed with the Ministry of Corporate Affairs, InstaKart Services, which is the entity operating Ekart, received funding totalling Rs 1632 crore in November in three instalments from Klick2Shop Logistics […]

2017 proved to be a year of growth for female entrepreneurs who have risen in ranks even as societal conflicts, issues and pressures persist. According to a CNN story filed in July 2017, a mere five months ago, only 3 percent of venture capital funding was received by American women CEOs. In addition, only 17 […]

The South African Internet Group, Naspers, has emerged as a prime candidate to lead a $150-$200 million investment in one of the top food delivery startups in the country, Swiggy. This news comes after the Japanese conglomerate Softbank and Indian e-commerce giant, Flipkart, ended independent funding discussions with Swiggy, as per people familiar with the […]

The Biyani-owned Future Group is reportedly in talks to buy online retailer Snapdeal’s logistics arm, Vulcan Express. The purchase is said to be an all cash deal valued at about Rs 50 crore. Vulcan Express manages approximately half of Snapdeal’s deliveries and shipments. The company replaced GoJavas as Snapdeal’s primary logistics partner. The company was […]