Flipkart’s mark-down augurs lean times for India’s tech start-ups
Photo: Hemant Mishra/Mint Bangalore: Cash-hungry Indian star-tups like Flipkart Pvt. are discovering the fundraising party’s winding down. The domestic e-commerce leader became one of the most prominent Asian start-ups to…
InMobi, TaxiforSure founders invest in Wooplr
The new funds will be utilized for geographical expansion. Currently, Wooplr has one office in Bengaluru and plans to set up offices in Delhi and Mumbai shortly. New Delhi: Wooplr…
Flipkart secures a credit line of over Rs450 crore from HDFC Bank; Amazon’s localization of mobile tech boosts demand for its app
Photo: iStock What to watch out for • Capital markets regulator Securities and Exchange Board of India to fast-track market reforms, ease start-up funding. • Amazon’s localization of mobile tech…
Ninjacart raises $3 million from Accel Partners, others
Ninjacart started in May 2015 as a hyperlocal grocery delivery company, but changed to its business model after six months, and currently works with about 120 retailers, and claims a…