Manish Singh
Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products, as it ramps up efforts against Walmart-owned Flipkart and Reliance’s Ajio, which have made deeper inroads in the Indian fast-fashion market.
The world’s largest e-commerce firm has rolled out the new...
Indian quick-commerce startup Zepto has surpassed the annualised sales milestone of $1 billion within 29 months of its inception, Goldman Sachs wrote in a note Thursday, citing the Zepto management.
Zepto, which competes with Zomato-owned Blinkit and SoftBank-backed Swiggy Instamart, is also gaining market share, now standing “close to that...
Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2 billion, three sources familiar with the matter told TechCrunch. One source said he is looking to raise between $200...
Microsoft will introduce a new version of Microsoft 365 and Office 365 subscription service that excludes Teams, unbundling a suite following scrutiny from the European Union regulator and complaints from rival Slack.
The move follows Microsoft agreeing to sell Office 365 suite sans Microsoft Teams offering in the EU and...
Byju Raveendran, the founder of embattling edtech group Byju’s, has made a last-ditch attempt to placate the Indian startup’s disgruntled investors, informing them that the board is weighing an offer of renounced shares to prevent dilution of their holdings.
In an email to shareholders Friday morning, a copy of which...
Byju’s secured favorable outcomes in two court hearings Thursday, paving the way for the embattled edtech startup to move ahead with the extraordinary general meeting scheduled for Friday.
The National Company Law Tribunal refused to defer on Thursday Byju’s planned EGM, where the Indian startup seeks to increase the authorized...
PayPal Ventures’ latest investment is in an Indonesian startup that provides personal insurance products covering a variety of risks, including accidents, phone screen damage, and ticket cancellations.
Qoala has secured $47 million in a new round co-led by PayPal Ventures and MassMutual Ventures, the five-year-old startup said Wednesday. MUFG Innovation...
Stability AI founder and chief executive Emad Mostaque has stepped down from the top role and the unicorn startup‘s board, the buzzy firm said Friday night, making it the second hot AI startup to go through major changes this week.
Stability AI, which has been backed by investors including Lightspeed...
The U.S. Department of Justice filed a lawsuit against Apple Thursday, accusing the company led by CEO Tim Cook of engaging in anti-competitive business practices. The allegations include claims that Apple prevents competitors from accessing certain iPhone features and that the company’s actions impact the “flow of speech” through...
Crypto exchange OKX is ceasing services for users in India, it said in an email to customers Thursday, advising them to withdraw their funds by April-end.
The move follows Apple and Google pulling the eponymous app of OKX in the country after an Indian government agency said many crypto exchanges...