Search Results for:Anirban Sen

India mulls safeguards in the face of China’s growing tech clout

Government agencies including the defence ministry, information technology ministry and the Telecom Regulatory Authority of India (Trai), besides the Reserve Bank of India (RBI), are working on new policies.

The journey of how Swiggy became India’s fastest unicorn

Swiggy got a lot of things right, but the driving force behind its success is in its excellent logistics operations.

Flipkart merges budget brand Billion with private label business

Billion is now part of a portfolio of eight private label brands, which are being overseen by Flipkart executive Adarsh Menon.

Flipkart fashion business targets 65% growth in sales by March 2019

Flipkart’s acquisition of Myntra in 2014 further helped boost its position as the leading online fashion retailer in the country.

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.