Home Tags Startup

Tag: startup

BigBasket receives $150 million, enters unicorn club

BigBasket’s parent company, Supermarket Grocery Supplies Pvt. Ltd., has received $150 million funding in a series F funding round. The latest funding has taken the company’s valuation...

DPIIT proposes new set of measures to boost the Indian startup...

The Department for Promotion of Industry and Internal Trade (DPIIT) announced, on Thursday, a new set of measures to provide a platform for startups in India to achieve growth. The measures were...

Paytm targets revenue of Rs.10,000 crore in the next one year

The Indian e-commerce startup, Paytm, plans to hit their Rs.10,000-crore revenue target in the next one year. As part of its business expansion, the firm...

Nykaa raises $14 million from equity fund TPG, valued at $724...

Nykaa, the popular retailer of beauty products raised $14 million from a foreign equity fund investor, TPG Growth in a recent funding round. Post...

McDonald’s acquires AI firm Dynamic Yield, its largest acquisition in 2...

McDonald’s Corporation acquired an artificial intelligence startup by the name of Dynamic Yield for an amount, as reported by Indian Express, equal to $300 million. It has...

Delhivery becomes the first logistics company to enter unicorn club after...

Delhivery, a logistics startup based in Gurgaon becomes the country’s first logistics company to enter the unicorn club i.e. a list of companies that...

OYO announces an investment of Rs.1,400 crore in South Asia, the...

India’s second most valuable startup, Oyo, announced on Tuesday that it plans to invest Rs.1,400 crore in its India and South Asia operations. During...
Startup

Angel tax may lead new startups to register overseas

Tax authorities have sent across angel tax notices to many new startups to pay tax on the funds received to expand their businesses. The issue of...
Startup

Govt. simplifies tax exemption process for angel investments for startups

The government, on January 16, made it known that the procedure to seek income tax exemption for angel fund investments has been simplified for startups. Startups...

Ola to invest $100 million in scooter startup Vogo

Ola which is currently competing with Uber to become the largest ride-hailing service company in India will invest $100 million (Rs.720 crores) in Vogo...