Delivery start-ups explore additional income streams

Hyperlocal delivery start-ups, including food-tech and logistics companies, together garnered $270 million in funding in 2015, but the sector has also seen a massive correction in the form of closure.

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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

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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

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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

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