Archives
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ALL DEALS 
March 8, 2016 Flipkart bets on large appliances to power next stage of growth
Flipkart started selling large appliances again in early 2014, nearly a year after it was forced to withdraw these products because of customer complaints about late deliveries and poor quality of products. Photo: Hemant Mishra/Mint Bengaluru: India’s largest e-commerce firm Flipkart Ltd is banking on sales of high-priced products such as television sets, refrigerators and […]
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ALL DEALS 
March 7, 2016 Start-ups’ focus shifts to conserving cash
Grofers shut operations in nine cities, citing poor demand, just two months after raising as much as $120 million from Japan’s SoftBank Group and Tiger Global Management. Photo: Ramesh Pathania/ Mint Bengaluru: From Flipkart and Ola to Grofers and Peppertap, start-ups across the board are focusing on cash conservation and making their core businesses fitter, […]
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ALL DEALS 
March 4, 2016 Smartphones Lend New Dynamic to Israeli-Palestinian Conflict
Surrounded by Israeli police, Israa Abed holds a knife in one hand and a cellphone in the other before shots ring out and she falls to the ground. The incident, filmed by passersby on their smartphones, has been viewed thousands of times since it was posted online last Friday, one of dozens of such videos […]
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CLOTHING 
March 4, 2016 Russell Wilson’s New Clothing Brand Wants to Make You a Good Man
“We’re going to change a culture through fashion.” That’s Russell Wilson talking about Good Man Brand, his new men’s lifestyle label launching, well, right now. After an appearance and Q&A at Nordstrom’s downtown Seattle flagship today (check out @gq_magazine on Snapchat for an inside look), the Seahawks QB is getting the word out about his […]
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ALL DEALS 
March 4, 2016 Flipkart to offer its logistics services to third-party e-commerce firms
Flipkart is also gearing up to roll out an inter-city customer-to-customer courier service called eFlash in the next two months. Photo: Bloomberg Bengaluru/New Delhi: Flipkart Ltd, the country’s largest online retailer, has thrown open its logistics services eKart to third-party e-commerce firms even as the company is gearing up to roll out an inter-city customer-to-customer […]
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NEWS 
March 4, 2016 Entrepreneurship to improve the world for everyone
Photo: Mint India is shining. It has retained the third position among countries with the most billionaires, according to the Hurun Global Rich List. Now India has 111 billionaires, an increase of 14 since last year. Topping the list of Indian billionaires are Mukesh Ambani, Dilip Shanghvi, Pallonji Mistry and Shiv Nadar—entrepreneurs who have amassed […]
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NEWS 
March 4, 2016 Alibaba in talks to buy Flipkart stake
Jack Ma, founder of Alibaba Group. If the Flipkart-Alibaba deal goes through, it will make Alibaba one of the three most important investors in India, along with Tiger Global Management and Japan’s SoftBank Group. Photo: Bloomberg New Delhi/Bengaluru: China’s Alibaba Group, which has backed Paytm and Snapdeal, is looking to increase its footprint in India […]
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NEWS 
March 4, 2016 Ratan Tata, University of California partner to fund start-ups in India
Ratan Tata has made small investments ranging from Rs.10 crore in online market place Snapdeal to Rs.10 lakh in Zivame. Photo: Mint Bengaluru: RNT Associates, the privately held investment firm of Ratan Tata, and the chief investment officer’s office of the University of California have partnered to jointly fund start-ups and enterprises in India over […]
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ALL DEALS 
March 4, 2016 Is Ritesh Agarwal ready to grow up?
OYO Rooms founder Ritesh Agarwal. Photo: Ramesh Pathania/Mint On 24 January, Manoj Thelakkat, a Bengaluru-based recruitment professional, took to social networking platform Facebook to share his experience of being an OYO Rooms customer. The roughly 1,400-word post, headlined ‘The Ordeal called OYO Rooms’, details his frustrating experience of first being denied a pre-paid room at […]
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NEWS 
March 4, 2016 BHIVE Workspace raises angels funds to expand services
BHIVE provides start-ups with accessible and quality plug-and-play workspaces in Koramangla area of Bengaluru. Till date, it has housed 90 start-ups covering 4,000 active members. Mumbai: Bengaluru-based workspace solutions provider BHIVE Workspace said on Friday that it had raised an undislosed amount in funding from a group of angel (individual) investors. The investors include Raghunandan […]
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ALL DEALS 
March 4, 2016 MakeMyTrip turns to tents, dharamshalas to power growth
MakeMyTrip currently has around 25,000 hotels on its platform and is seeking to expand this number fourfold in the next two years. Photo: Ramesh Pathania/Mint New Delhi: Online travel company MakeMyTrip Ltd is considering offering its users non-hotel alternatives such as dharamshalas, homestays, bed-and-breakfast establishments and tents as it steps up the competition with SoftBank-backed […]
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ALL DEALS 
March 4, 2016 Zimmber set to raise up to $7 million from Snapdeal, others
Zimmber claims to have over 1,000 transactions per day on its platform. Bengaluru: Home services start-up Zimmber, run by Rejuvenate Solutions Pvt. Ltd, is close to raising $6-7 million from online marketplace Snapdeal and other investors, two people aware of the development said. Founded in 2014 by Anubhab Goel, Gaurav Shrivastava and Amit Kumar, Zimmber […]
