Start-up deals of the day
True Balance is a mobile app that keeps users updated about their prepaid mobile account. Photo: Softbank Ventures Korea invests in True Balance New Delhi: SoftBank Ventures Korea, the venture…
How CarDekho is planning to redefine car ownership business
Anurag Jain, chief operating officer of CarDekho, says he expects the automobile portal to become a unicorn by 2017. New Delhi: Brothers Amit and Anurag Jain, founders of the automobile…
New rules, 100% FDI in e-commerce give short shrift to consumers
Photo: iStockphoto New Delhi: The government on Tuesday allowed 100% foreign direct investment (FDI) in marketplace e-commerce companies. While this may bring regulatory clarity to the existing and future online…
E-commerce firms will have to restructure businesses
Fashion retailers such as Flipkart’s Myntra are moving to a marketplace model, but currently depend on one seller for most sales. Photo: Bloomberg New Delhi/Bengaluru: A day after the government…