Search Results for:Anirban Sen

Secondary funds raise pace of startup investments in India

TR Capital and NewQuest have started buying shares in individual startups after discussions to purchase VC portfolios didn’t fructify.

Global startup incubator Techstars plans to launch India accelerator next month

The new accelerator programme, which will be set up in Bengaluru, will look to support and back nearly a dozen early-stage ventures.

Lack of senior management bogs down India’s Flipkart

For a year now, Flipkart has been saying it is looking for a group chief financial officer, a human resources head and a group general counsel.

India: Sequoia-backed Unacademy in talks to raise up to $35m

In September, Unacademy had raised $11.5 million from Sequoia and SAIF at a valuation of around $40-50 million. The latest investment could see its valuation rising to $110-130 million.

Amazon India to diversify, build up private label business to take on Flipkart

Amazon India VP said the company would look to aggressively expand its private label this year, with potential new category launches.

India: InMobi buys mobile ad firm AerServ for $90m

The acquisition also expands InMobi’s presence in the US, the world’s biggest market for advertising.

India: Flipkart, payments arm PhonePe chart separate routes for fintech

The different approaches by Flipkart and its fully-owned, UPI-based payments arm PhonePe, highlights a broader strategy on Flipkart’s part to create large, independent, revenue-generating businesses inside the group.

India: Fashion retailer Myntra looks to expand presence in Silicon Valley

As part of a broader push to invest more in technology this year, Myntra is looking to hire an executive to head a small team of data scientists in the US.

India: Flush with funds, Flipkart boosts investments in logistics arm eKart

Flipkart raised nearly $3 billion in 2017 from Japan’s SoftBank Group Corp., China’s Tencent Holdings Ltd, eBay Inc. and Microsoft Corp.

Flipkart to look beyond gross sales numbers: Kalyan Krishnamurthy

The online retailer looks to invest heavily in technology and new categories such as groceries as part of a broader strategy to maintain its market-share edge over rival Amazon India.