Search Results for:Mihir Dalal

Walmart to merge Jabong with Myntra, axe falls on 200 jobs

While Myntra has been growing fast, Jabong has struggled to expand sales this year.

Myntra future uncertain as Walmart puts it under Flipkart

Until now, Myntra, while being a wholly owned unit of Flipkart, has operated completely independently.

Flipkart Group CEO Binny Bansal resigns following misconduct probe

Bansal said he would continue to hold his substantial stake in Flipkart and remain a member of its board.

After Walmart payout, Flipkart top gainers may turn investors

In May, Walmart agreed to buy a 77% stake in online retailer Flipkart for $16 billion.

Venture capital investors hitch a ride on mobility startups in India

At least half a dozen new mobility startups in India—including Rapido, Ather Energy, Bounce and Vogo—are in funding talks to raise large amounts of capital.

BigBasket in talks to raise $300-400m funding at $1.5-2b valuation

Alibaba-backed BigBasket may end up raising about $300-400 million as part of the latest funding talks.

Flipkart co-founder Sachin Bansal may invest up to $100m in EV maker Ather Energy

Apart from Ather Energy, Bansal is also reportedly close to investing about $100 million in cab-hailing firm Ola.

Lightspeed emerging as prominent investor in India’s startup ecosystem

Over the last three years, Lightspeed India has invested in some of the fastest growing startups in India, including Oyo, Byju’s, Udaan and ShareChat, whose combined valuation is currently pegged at $8.5 billion

India: Small-town startups catch fancy of venture capital firms

Orios has launched an initiative called FindingMisfits to help entrepreneurs based in smaller cities and towns expand their ventures.

India: SigTuple holds talks with PremjiInvest, DST Gobal to raise up to $50m

In the proposed funding round, Sachin Bansal may also invest more capital and raise his 3.5% stake in the medical artificial intelligence start-up.