Anirban Sen

India: Ola Cabs losses jumped three-fold to nearly $361m in fiscal 2016

Ola is currently locked in a bruising market share battle against US-based Uber.

Amazon is fastest growing marketplace in India, more investments in offing: Bezos

He has already committed to spend $5 billion in India

Snapdeal: The story of the rise and fall of an Indian unicorn

Snapdeal is in a desperate fight to stay afloat as cash reserves dwindle.

Amazon gets RBI approval to launch e-wallet in India

Amazon India has received the Reserve Bank of India’s (RBI) approval to launch its own digital wallet in India, paving the way for the American online retail giant to gain a slice of India’s fast-growing digital payments business. Amazon India, which had applied for what is called a Prepaid Payment… Read more »

India: Flipkart under pressure to push sales, reduce costs post fundraising

After securing $1.4 billion in fresh capital this week, Flipkart is under pressure to justify the funding by keeping Amazon India at bay and cutting costs. Doing the two things—growing sales and reducing expenses—at the same time will be one of the toughest tasks Flipkart has faced in its 10-year… Read more »

India: Flipkart set to raise up to $1.5b amid talks to buy Snapdeal

Flipkart will get a pre-money valuation of $10 billion in this round.

India: Flipkart, Amazon take divergent routes for next phase of growth

Amazon is now the biggest ad spender in e-commerce firms.

India: Stayzilla founder Vasupal arrested on charges of fraud, investors seek release

Vasupal was arrested on charges of defrauding an ad agency

India: Specialty online retailers like Myntra, Voonik regain market share

Myntra, Voonik, Limeroad and Nykaa are seeing strong demand

The Indian presence among 50 promising global startups you’ve never heard of

AI start-ups from India are slowly starting to go mainstream and are among the hottest focus sectors.