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Tiger Global leads funding in Wow! Momo Foods, valuing it at $120 million

New Delhi, Sept. 18 -- Wow! Momo Foods, which owns and operates quick-service restaurant (QSR) brands Wow! Momo and Wow! China, has raised $23 million in a Series B funding round led by Tiger Global, ... Read More


Early-stage funding declines as investors tighten purse strings

New Delhi, Sept. 18 -- A slowing economy has not only hit large industries such as automotive but early-stage investments as well with the number of deals in the crucial angel and seed stages falling ... Read More


Paytm's losses almost triple to '4,217 cr in FY19

Bengaluru, Sept. 13 -- One97 Communications Ltd, the parent of Paytm, nearly tripled its losses in the year ended 31 March as it spent more on building its brand and expanding its business. On a conso... Read More


Oyo Hotels eyes premium segment

Bengaluru, Sept. 12 -- Oyo Hotels and Homes, the world's third-largest and fastest-growing chain of hotels, homes, and living space, is entering the four-star hotels segment in India with the purchase... Read More


Valuations rising in step with losses for unicorns

Bengaluru, Sept. 12 -- Indian unicorns, or startups with a valuation of at least $1 billion, are defying the conventional logic of valuations being based on future earnings. As their losses widen, pri... Read More


Amazon expands network to ensure faster deliveries

New Delhi, Sept. 12 -- E-commerce giant Amazon India is gearing up for the festive season by significantly expanding its partner networks for faster delivery. Amazon.in has doubled its delivery servic... Read More


Paytm's losses nearly triple in FY19

Bengaluru, Sept. 10 -- One97 Communications Ltd, the parent of Paytm, nearly tripled its losses in the year ended March 31 as it spent more on building its brand and expanding its business. On a cons... Read More


Paytm's losses almost triple to Rs.4,217 cr in FY19 as expenses rise

New Delhi, Sept. 9 -- One97 Communications Ltd, the parent of Paytm, nearly tripled its losses in the year ended 31 March as it spent more on building its brand and expanding its business. On a conso... Read More


Flipkart looks to double its sales during Big Billion Day

Bengaluru, Sept. 4 -- Walmart-owned online retailer Flipkart hopes to double sales during its flagship Big Billion Day (BBD) event, two people aware of its sales targets said. The firm is also aiming ... Read More


Flipkart looks to double its sales during Big Billion Day

Bengaluru, Sept. 3 -- Walmart-owned online retailer Flipkart hopes to double sales during its flagship Big Billion Day (BBD) event, two people aware of its sales targets said. The firm is also aiming ... Read More