Eros-STX merger: Bollywood meets Hollywood
In a cluttered media and entertainment landscape, an Indian company and an American one have joined hands to create content for the world.
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Vijay Shekhar Sharma readies for the next frontier
From selling ringtones to running what can be called an Internet conglomerate, Sharma has stayed relevant and is also creating an ecosystem. Now, he wants to take Paytm to the developed world.
bigbasket acquires milk-delivery startup DailyNinja
With the latest acquisition, bigbasket aims to grow its business by about 200% in the next 12 months. Alibaba-backed bigbasket forayed into the milk-delivery space in 2018.
Indian startups raise $14.5 billion in 2019
They have received 25 times more funding than the $550 million in 2010, according to data analytics firm Tracxn.
Calling it a day, Jack Ma style
Jack Ma, who stepped down as Alibaba chairman on September 10, has set a strong precedent for entrepreneurs on succession planning and giving back to society.
Reliance Industries: Riding on clicks and bricks
Reliance plans to launch a unique physical-digital retail business platform that is already being piloted across India and is expected to be rolled out nationally in the coming years.
Promoters sell 11% in Zee to Invesco Oppenheimer
Announcement of the stake sale ends months of speculation regarding the suitor for Zee, and will help promoters deleverage the group’s balance sheet
Bigbasket gets ₹100 crore in venture debt from Trifecta
The firm will use the funds to meet its working capital needs; it will also use it to set up new warehouses and scale up the supply chain of its recently launched milk subscription business.
BigBasket raises $150 million, joins unicorn club
South Korea’s Mirae-Naver, U.K.’s CDC also invest in owner and operator of the online food and grocery retailer.
BigBasket joins unicorn club
The company is set to raise $160 million in a new funding round from foreign investors, making it the latest entrant to the $1 billion valuation club.
