In recent years, the Domestic Venture Capital market has considerably changed. Whole credit of this positive transformation in the capital market goes to the overseas cash inflow. Last Year, Manish Singhal, a venture capitalist was searching for means to increase the funds for his first venture. It was at that time, he thought that he has started on a complicated…
The call for a one-day strike on Tuesday by driver-partners of taxi-hailing companies Uber and Ola, as well as kaali-peeli taxi operators, may inconvenience commuters in Delhi-NCR. A majority of the estimated 150,000 cab operators may stay off roads on 18 April despite a Delhi High Court order restraining them from doing so. The agitation is being organised by the…
Sri Lankan model-actress and sexiest woman in the world Jacqueline Fernandez has invested $543,000 in Rakyan Beverages Private Limited, a company that makes the Raw Pressery brand of fruit juices. The latest investment values the three-year-old company at Rs 120 crore. With a following of 6.08 million on Twitter and 12.7 million on Instagram, Fernandez is seen as an "influencer" by…
This post has been updated to include ScoopWhoop's official statement on allegation against its co-founder: "The company is adhering to the rules and regulations set forth by the Hon. Supreme Court of India and the law of the land against sexual harassment at workplace and the investigation is ongoing. As an FIR has also been filed separately by the complainant,…
Energy is now at the vanguard of New Delhi's biggest business commitments in its neighborhood, with power and gas leading the $9-billion investment projects India has proposed to make in Bangladesh to help strengthen Dhaka's emerging industrial base. The Reliance and Adani Groups, and power behemoth NTPC were among the Indian blue-chip companies that concluded investment proposals on Monday in…
Bengaluru: India’s largest online retailer Flipkart has closed a mammoth funding round of $1.4 billion from Tencent Holdings Ltd, eBay Inc. and Microsoft Corp., in the biggest-ever start-up funding round that both boosts Flipkart ability to compete with arch-rival Amazon India and takes the company a step closer to presenting itself (to investors and customers) as the only option to…
NEW DELHI: Indian ride-hailing firm Ola, backed by Japan's Softbank Group, is preparing for a large-scale rollout of electric vehicles by next year even as it runs trials on the viability of the business model, chief executive Bhavish Aggarwal said. Ola will pilot a few thousand electric vehicles in several Indian cities this year and, "after that we will be…
Mumbai-based brand licensing startup Black White Orange Brands Pvt Ltd has raised funding from Yuvraj Singh’s YouWeCan Ventures. Black White Orange will build licensing solutions for brands across sports, entertainment, and lifestyle. The startup will also create and manage YouWeCan merchandise as part of the strategic partnership. “At Black White Orange, we are also planning to create high-quality consumer products…
After two unsuccessful attempts in the lower courts, Yogendra Vasupal, the jailed co-founder of home stay aggregator StayZilla, has moved the Madras High Court for bail in the alleged cheating case filed by a Chennai-based advertising agency. After two unsuccessful attempts in the lower courts, Yogendra Vasupal, the jailed co-founder of home stay aggregator StayZilla, has moved the Madras High…