Varsha Bansal

Flipkart CFO Sriram Venkataraman gets additional charge as COO

As part of his additional role, Venkataraman will head the logistics vertical Ekart, the marketplace and the retail vertical.

India: Byju’s raises $400m from CPPIB, Naspers, others as valuation soars to nearly $4b

The funding makes Byju’s the fourth most valuable startup in India, after Paytm (One97 Communications Pvt. Ltd), Ola and budget hotel chain Oyo Rooms.

India: Food delivery startups Zomato, Swiggy show appetite for more acquisitions

While Zomato has announced purchase of drone startup TechEagle, Swiggy is in early talks with several companies for possible acquisitions.

India: Logistics startup BlackBuck eyes unicorn tag; looks to raise up to $250m

The company has so far raised over $100 million from investors including Accel Partners, Sands Capital and Tiger Global.

Indian startups increase round sizes as investors pour in money

Such large rounds of capital are also pushing up valuations of start-ups to stratospheric levels.

India: Home rental startup NestAway eyes $100m funding

In February, the company raised $51 million in a series D round from investors, including Goldman Sachs Group and UC-RNT Fund.

The meteoric rise of Kalyan Krishnamurthy at India’s Flipkart

With Flipkart’s umbilical cord with its founders truly severed, Flipkart is dependent at the senior level on Krishnamurthy.

Flipkart is in for major changes with Walmart in driving seat

Prior to the Walmart buyout, Flipkart had largely operated without the bureaucratic, process-driven trappings of a large listed company.

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.