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Quick Ride

Sequoia exits Quick Ride; takes a hefty hit, leaves with half of total investment

Sequoia Capital India reportedly exited from the Bengaluru-based car and bike pooling platform Quick Ride with just 40-50 percent of what it had invested. Details here. Feb 24, 2021
NSE halted

NSE trading down; technical glitch halts intra-day trading in all segments [Update]

The glitch occurred as rates on NSE stopped updating at 10.08 a.m. which led to the closure of the F&O segment by 11.40 a.m. and the Cash market by 11.43 a.m. Feb 24, 2021
BharatPe

BharatPe now valued at $922 million; gives 80x returns to investors, nears unicorn goal [details]

The Series D funding led by Coatue Management puts BharatPe's valuation at $922 million. Most recently, the startup raised $108 million (over Rs 786 crore). Feb 23, 2021
Zomato

Zomato raises Rs 1,800cr from five investors; now valued at $5.4 billion

The new valuation marks an increase from $3.9 billion valuation of Zomato in December. Feb 23, 2021
sensex

Sensex reverses Monday's downturn, up by 400 points; oil & gas, metal stocks rise

Sensex gains 400 points on Tuesday after a steep fall on Monday by over 1,100 points. As of 10.25 a.m., Sensex was trading at 50,146.82, higher by 402.50 points or 0.81 per cent from its previous close of 49,744.32. Feb 23, 2021
Usman Rao

Usman Rao is a young and talented entrepreneur from Saharanpur

Usman Rao said initially he faced a lot of difficulties, Many people joined Usman when he gave good service in the company, Feb 22, 2021
Amazon Smbhav

Amazon Smbhav 2021: When is it and how to participate [key highlights]

'Smbhav', Amazon's annual flagship summit is a mega summit to share how Amazon and its partners leverage digital technologies to innovate for Indian customers, entrepreneurs and small businesses. Feb 22, 2021
supreme court

SC notice on Amazon plea seeking interim relief on Rs 24,713 Cr RIL-Future deal

The Supreme Court on Monday issued notice on a plea by Amazon seeking interim relief challenging a High Court order, which allowed Rs 24,713 crore RIL-Future deal to proceed. The top court also restrained the NCLT from passing final orders on the amalgamation. Feb 22, 2021
google jio

Google commits Rs 109 crore to support SMBs in India [details]

The investment is part of the $75 million commitment from Google to help small businesses outside of the US. Feb 17, 2021
Unacademy

Unacademy's acquisition spree continues; buys TapChief in Rs 100cr deal [details]

Unacademy has been on an acquisition spree of late, making TapChief its seventh major acquisition in recent times. Feb 16, 2021
Amazon   India

Local production, 10 million jobs, $1 billion investment; how Amazon commits to "Make in India"

Amazon has pledged to invest $1 billion to digitize small and medium businesses, locally manufacture Fire TV Sticks and create 1 million jobs by 2025. Feb 16, 2021
Bombay Stock Exchange

Put more money in India, NOT China; Credit Suisse projects greater scope for rate cuts

Credit Suisse said India in a sweet spot looks much better positioned cyclically and relative to the pandemic. Feb 16, 2021
sensex

Sensex touches new highs, crosses 52,500; Petrol, diesel prices continue upward trend

Equity indices touch new high as the market continues its upward trend despite the price hike in oil prices continues unabated Feb 16, 2021
sensex

BSE Sensex creates history, crosses 52,000-mark for the first time | Details inside

The Indian equity market surged on Monday morning with the BSE Sensex crossing the 52,000 mark for the first time ever. Feb 15, 2021
Arun Sankar Rajendran

Arun Sankar Rajendran - Asia's youngest and savant business developer

Arun Sankar Rajendran says his approach is to first think through long-term solutions and then boil them down to short-term solutions Feb 14, 2021
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