Bengaluru based education technology startup Byju’s has raised $50 million from the Chan Zuckerberg Initiative, and existing investors Sequoia Capital, Belgian investment firm Sofina SA, Lightspeed Venture Partners and Times Internet Ltd.
Shopclues will invest Rs 1 crore across four startups Pepper Agro, Glam Studios, Ornativa and Scrapify shortlisted through Next Big E-preneur Challenge.
Mahindra and Mahindra joins hands with Ola to supply 40,000 cars to Ola in next two years and generate a business of Rs 2,600 crore for the Mahindra Group
Online classified platform Quikr acquired Stepni, Bengaluru based maintenance aggregator that connects vehicle owners with nearby maintenance service providers.
Amazon India launches Prime Subscription service in more than 100 cities with benefits like free one & two-day delivery to improve customer retention rates
Online classifieds player Quikr has acquired Hiree, Bengaluru based online recruitment platform to strengthen its job listings business, QuikrJobs.
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Flipkart is planning to invest Rs 670 crore over next three year to build Flipkart digital payment business– PhonePe, an acquisition of Flipkart in April’16
Ahmedabad based Digital lending platform for SMEs lendingkart partners with Wydr to offer collateral free business loans to buyer and SMEs
Bengaluru based online Rental Solution Company for home appliances and furniture RentoMojo has raised funds of $ 5 million in Series A funding from IDG Ventures and Accel Partners
Online marketplace ShopClues acquires Momoe Technologies, Bengaluru based mobile payments to add a payment service to its business portfolio.
As per Softbank, Oyo Rooms has grown 15 times in the quarter ended Mach 31 as against the same period a year ago & planning to triple its inventory by Dec’16
TinyOwl – RoadRunnr to Merge and launch new entity – Runnr to stand against the competition of other players of same domain like Swiggy and Zomato.
Paytm partners with Ezeego1, services marketplace Ezeego1 for hotels and flight bookings. Also in talks with several airlines and Indian Railways.
Quora First Acquisition – Discussion Portal Parlio, a startup to inspire meaningful discussions on issues concerning the world, for undisclosed amount.
Quikr has tied up with Fixy for Quikr Services. any queries in the home services segment at Quikr, for Mumbai and Thane, would be redirected to Fixy.
An online marketplace for ethnic products, Craftsvilla Global Expansion to Middle East, New Zealand & Australia to touch Rs 100 crore in revenue in 2016-17
Offline Retailer Future Group is targeting to Lead E-commerce Giants in comparative advertising sounding like Flip the Cart, Snap the Deal and Amaz-Off.
WeChat is expending services from text messaging, voice an dvideo calling to social network, branded accounts, shopping, games, payment to beat biggies.
MobiKwik launches ‘Explore Nearby’ feature in its app, which allows users to find stores, restaurants, cafes that accept payment from Digital Wallet
Ola Micro Leading Ola in Battle with Rivalry Uber, claims of getting traction more than 50% of total booking of biggest rival Uber
Real E-state portal MagicBricks acquires Properji, property analysis firm to provide in-depth analysis of projects to help consumers to choose the project
Doctors discover directory and booking platform Practo launches operations in Bazil to list over 5,500 verified doctors, covering nearly 50 % of all clinics
Seattle based e-commerce giant Amazon files Patent for “Pay by Selife” that would allow consumers to make payment by taking a photo and/or video.
General Motors acquires Cruise Automation, a San Francisco based startup founded in 2013 for billion dollar deal of cash and stock.
Infibeam IPO will be launched on 21 March’16 with target to raise Rs.450 crore, making it first e-commerce firm to be publicly traded on Indian stock exchanges