Search Results for:Shrutika Verma

India: Flipkart eyes stake in Hotstar to enter video streaming arena

The talks with Hotstar come at a time when demand for video streaming services such as Netflix and Amazon Prime Video offering is at an all-time high.

India: Grocery delivery startups BigBasket, Grofers revive merger talks

If the deal goes through, the merged entity could raise $250 million from China’s Alibaba Group Holding Ltd.

Social e-commerce startup Meesho in talks to raise funding from DST Global

Meesho last raised $11.5 million in a series-B round from Sequoia India, SAIF Partners, Y Combinator and Venture Highway.

It took just one meeting, two phone calls to seal landmark Paytm-Buffett deal

With Berkshire, we have a new vantage point on our capital table and business model, Sharma said.

It’s official: Warren Buffett’s Berkshire buys stake in India’s Paytm

This is not just Berkshire’s first India investment; it’s also the company’s first in a privately-held tech company in the world.

What the Warren Buffett deal could mean for Paytm and India’s startup ecosystem

The deal values Paytm at $10-12b, making it India’s most valuable consumer internet startup.

Warren Buffett set to pick up stake in India’s Paytm

The deal, likely to be announced in two weeks, will be Berkshire Hathaway’s first investment in the country’s buzzing startup ecosystem.

Amazon may partner Samara to buy supermarket chain More from Aditya Birla

Samara and Amazon will jointly place their funds in a shell entity, which in turn will buy More from Aditya Birla.

India: Paytm E-Commerce aims to hit $10b in gross sales by March next year

Paytm E-Commerce Pvt. Ltd, which runs the online marketplace, achieved $3.5 billion in annualized gross sales in June.

Paytm, Alibaba’s AGTech invest $16m in mobile gaming JV Gamepind

While AGTech owns 45% of the gaming platform, One97 Communications holds a 55% stake.