DMart Takes Steps To Scale Up Ecommerce Play After Pandemic Push

India, Jan. 12 -- After giving in to the need of ecommerce during the pandemic and ramping up its online delivery business, DMart-owner Avenue Supermarts is still not ready to go all out with its late... Read More

Unacademy Targets More Acquisitions, Focus On Unit Economics In 2021

India, Jan. 12 -- After adding six companies to its bucket in 2020, Bengaluru-based edtech unicorn Unacademy is looking to acquire two-three more companies in 2021 in order to expand its product offer... Read More

Can Edtech Retain 2020 Momentum As Schools, Colleges Reopen In 2021?

India, Jan. 11 -- Edtech startups have entered 2021 on a strong footing, thanks to the momentum gained in 2020, as the world stepped into a lockdown and online learning became the new reality. From in... Read More

[What The Financials] Urban Company Revenue Growth Outpaces Expenses In FY20 But Losses Persist

India, Jan. 11 -- Home service marketplace Urban Company has reported a net loss of INR 137.87 Cr in the financial year 2020, representing a 87% hike in its losses from last year's INR 73.6 Cr. The co... Read More

WhatsApp Claims Chats To Stay Encrypted As Privacy Scrutiny Intensifies

India, Jan. 11 -- WhatsApp's upcoming privacy policy update has subjected the company to a lot of criticism from users across the globe. Many have also started migrating to other messaging apps like T... Read More

BJP Leaders Call For Action Against Twitter After Trump Ban

India, Jan. 9 -- Social media giant Twitter and Facebook have banned US President Donald Trump over the recent attack on US Capitol building. While many have pulled up the social media platforms for t... Read More

Funding Galore: Indian Startup Funding Of The Week [January 4-9]

India, Jan. 9 -- We bring to you the latest edition of Funding Galore: Indian Startup Funding Of The Week! As the pandemic hit too close to home, boAt had found itself in a fix as its supply chain wa... Read More

Jumbotail Completes $25 Mn Fundraise For Series B To Expand Its Store Network

India, Jan. 9 -- Bengaluru-based online B2B marketplace for food and grocery, Jumbotail, has completed its $25 Mn fundraise by raising an additional $14.2 Bn in its Series B3 funding round led by VII ... Read More

Flipkart's InstaKart, Swiggy Payments To Vendors Under Tax Scanner

India, Jan. 8 -- India's income tax department, on Thursday (January 7), conducted a survey at Flipkart-owned logistics company Instakart and food aggregator Swiggy's offices in Bengaluru. The survey... Read More

Milkbasket In Trouble With Kalaari's Hurried Exit; Acquisition Talks To Resume

India, Jan. 8 -- MilkBasket may be looking at a long and tiring legal battle, after Kalaari Capital hurriedly sold its 15.26% stake to Mahendra Nahata-led MN Televentures. The stake sale did not invol... Read More