Search Results for:Anirban Sen

Naspers, Russia’s DST lead $210m funding in Indian food ordering startup Swiggy

Chinese internet firm Meituan-Dianping has also invested in the latest round.


India: Firstcry revives talks with Temasek, approaches Tencent, too, for up to $150m funding

Firstcry held funding talks with Temasek last year but the discussions cooled because of differences over valuation.


Uber names Pradeep Parameswaran as its new India, South Asia head

Parameswaran’s appointment comes at a time when Uber is engaged in market share battles in the Asia Pacific region against local rivals such as Ola


Cisco aims to invest $200m on startups globally, including India, in 2018

Cisco Systems Inc., which has acquired over 200 companies over the past three decades.


India: Cab-hailing service Ola posted 70% jump in revenue to $192m in 2016-17

The latest numbers indicate that Ola has managed to hold its own against Uber in India over the past 18-24 months.


Flipkart’s marketplace arm shrinks loss to $243m in fiscal 2017

Overall sales of the e-tailing major grew at a slower-than-expected 15% rate to $334.1 million.


Payments startup ToneTag raises up to $10m from  Amazon, Mastercard, others

ToneTag’s existing investors include Manipal Global Education chairman Mohandas Pai, PremjiInvest’s chief investment officer T.K. Kurien and Facebook executive Anand Chandrasekaran. The start-up is also in talks with other strategic investors.


Flipkart’s first angel investor lands nearly $20m payoff with Walmart deal

Ashish Gupta had invested Rs10 lakh in Flipkart in 2009. He has made several other astute bets, including MuSigma and MakeMyTrip. At least three other investments in India have yielded big gains: cloud computing platform Minjar was bought by Nutanix this year, Merittrac was bought by Manipal in 2016 and IT services firm Daksh by IBM in 2004.


Flipkart-Walmart deal may transform the Indian startup landscape

Start-up funding is expected to rise, and the number of ventures starting out is also expected to increase.


Acquisitions to drive Flipkart’s future growth, says Binny Bansal

Flipkart will look at more buys but they will be heavily capability driven, says Flipkart co-founder and group CEO Binny Bansal.