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Amid Protests, Amazon India Launches $250 Mn Smbhav Venture Fund For Startups

India, April 15 -- Amazon India, during its annual 'Smbhav' event to celebrate the association with small businesses, announced a $250 Mn Amazon Smbhav Venture Fund to invest in startups and entrepren... Read More


Crypto Exchange CoinSwitch Kuber Sees 3.5X Higher Sign-Ups After IPL Ad Blitz

India, April 15 -- Anyone who watched the opening weekend of the Indian Premier League 2021 on Disney+ Hotstar would be more than familiar with tech companies advertising their products and services, ... Read More


Flipkart Acquires 15-Year-Old OTA Cleartrip In Distress Sale

India, April 15 -- Ecommerce major Flipkart, on Thursday, announced a proposed acquisition of online travel aggregator Cleartrip. Flipkart will acquire 100% of Cleartrip's shareholding, but the latter... Read More


Flipkart Acquires OTA Cleartrip To Diversify Offerings

India, April 15 -- Ecommerce major Flipkart, on Thursday, announced a proposed acquisition of online travel aggregator Cleartrip. Flipkart will acquire 100% of Cleartrip's shareholding, but the latter... Read More


Small Businesses Rage Against Amazon India's Annual 'Smbhav' Jamboree

India, April 15 -- India's small online sellers and retailers, on Thursday, took a dig at ecommerce giant Amazon India's four-day 'Smbhav' event, where the company talks up the opportunities offered b... Read More


Flipkart Could Snap Up 15-Year-Old Cleartrip For $40 Mn In Distress Sale

India, April 14 -- Ecommerce major Flipkart is in the final stages of acquiring online travel aggregator Cleartrip, a deal which is likely to value the latter at around $40 Mn. Adding to the speculat... Read More


B2B Ecommerce Platform Beldara Raises $7.4 Mn From Hindustan Media

India, April 14 -- B2B ecommerce portal Beldara has raised $7.4 Mn from Hindustan Media Ventures, receiving the first tranche of $4.2 Mn. The Mumbai-based startup will use the funds to enhance brand ... Read More


Zerodha Rival 5paisa To Raise Over INR 250 Cr Through Equity Issue

India, April 14 -- Online discount broker 5paisa.con has approved a capital raise of INR 250.87 Cr through a preferential issue of equity shares and warrants at INR 500 per share, which is a premium o... Read More


Credflow Raises $2.1 Mn To Foray Into Cash Flow-Based Financing, Payments

India, April 14 -- Fintech startup Credflow, which offers cash flow management solutions for Indian small and medium enterprises (SMEs), has raised $2.1 Mn in seed funding led by Stellaris Venture Par... Read More


Pine Labs Acquires Malaysian Payments Platform Fave For $45 Mn

India, April 13 -- Indian payments unicorn Pine Labs has acquired Kuala Lumpur-based payments and discovery platform Fave in a deal worth $45 Mn. With the acquisition, Pine Labs will look to build a ... Read More