Indemnity from Angel Tax for all start-ups ends all raging controversies
The prologue of Angel Tax actualized in 2012 impacting start-ups & the funding they attract. The tax is mainly inflicted on the surplus share...
SoftBank’s Latest Investment Into PolicyBazaar Might Turn It Into An Unicorn
PolicyBazaar, a Gurugram-based online insurance startup may soon become a unicorn following nearly $200 Mn (INR 1300 Cr) investment led by Japanese conglomerate SoftBank,...
Bigbasket gets nod from govt for FDI in Food Retail
Bigbasket has got nod from the government on its investment proposal for FDI in food retail, according to reports,The company had applied for the...
Avenue Capital Planning to invest in Arcil
Avenue Capital Group, a New York based investment firm is in advanced talks these days to invest Rs. 1000 crores i.e. $145 million in...
Facebook CEO Sets A Record Of Losing Money $17 Billion In...
Shares of Facebook have wiped out an overwhelming $151 billion in a single day, which is even greater than the market value of the...
Reliance Jio Acquires Haptik For 200 Crores
Reliance Jio is reportedly acquiring Haptik - one of the world's largest interactive Artificial Intelligence (AI) platforms for over 200 crores. Quoting a company's...
Swiggy Up For Acquiring Uber Eats, OYO Considering Acquiring FreshMenu TO...
OYO is considering taking over FreshMenu, a Bangalore-based cloud kitchen startup. The deal might range up to INR 427 Crore. Previously, OYO closed its...
Here’s How Chinese Companies Are Helping Indian Startups Flourish
During the early days of the venture capital boom, money flowed into India from all parts of the world. However, funding started to reduce...
Jeff Bezos Indian Tour: Amazon To Invest $1 Billion To Digitise...
The world's richest man Jeff Bezos (Amazon founder and CEO), is on a tour of India. He made a statement that Amazon would use...
China’s AI Startup SenseTime Raises $600 Million From Alibaba Group
SenseTime, China's leading and world’s most valued artificial intelligence company has successfully raised $600 million in its series C round of funding, as per...
Top 7 Reasons Due To Which A Good Investor Can Reject...
There are many instances when a company is rejected for funding and investments while most of the rejected lot couldn't even know the exact...
TCS Achieved A Record Of 18% Growth In The Fourth Quarter
Country's largest IT company TCS announced its quarterly results (C4) on Friday, according to which its profit during the quarter ended March 2019 increased...
SoftBank’s Kabir Misra Is In Advanced Talks To Set Up Startup...
Kabir Misra, the managing partner at SoftBank Investment Advisers, is in advanced talks to set up an investment fund, which will make early and...
Four Indian Naturalists to Crowd Source the India’s First Reptile Website!
A team of researchers has come forward to set up a dedicated 'crowd-sourced' website on reptiles. It'd take use of the citizen's science program,...
Delivery Hero, Berlin Food Delivery Brand, Acquires UAE Operations Of Zomato
Delivery Hero, a food delivery brand based in Berlin, announced the acquisition of Zomato’s UAE business. Zomato is a restaurant discovery and food delivery...