Times Internet chases $1 bn in revenue by 2022

BlackBerry launches its last smartphones DTEK50, DTEK60 in India

Canadian mobile maker BlackBerry on Monday launched two new Android smartphones—DTEK50 and DTEK60—in India. BlackBerry has launched its third Android-based phone in New Delhi�...

Logistics-tech startup Browntape raises capital from Gati

Hyderabad-based logistics firm Gati Ltd has invested $3 million (around Rs 22 crore) in Goa-based cloud software startup Browntape Technologies Pvt. Ltd, it informed stock exchange...

Self-drive car rental aggregator JustRide raises funds from Y Combinator, others

JustRide, a renting marketplace for self-driven cars, has raised $3 million (Rs 20 crore) in a bridge round of funding from Y Combinator partners and a number of global investors. ...

Why Ola’s capital dumping barb is silly, hypocritical and has no merit

“There is an urgent need for adequate regulation to curb predatory pricing and capital dumping in the ecosystem in the interest of co-existence of all players in the ecosystem,�...

OYO Rooms appoints Amazon exec as CTO

Branded budget hotels marketplace OYO Rooms, run by Oravel Stays Pvt. Ltd, has appointed Anil Goel as chief technology officer, according to a press statement. Goel was previously ...

Zomato hires banker for fresh fundraise, plans to set up cloud kitchens

Gurgaon-based restaurant listing and food delivery firm Zomato Media Pvt. Ltd has hired investment bank Morgan Stanley for its next fundraise, according to a spokesperson of the co...

Exclusive: Anupam Mittal-backed fashion rental Blinge goes defunct; looks at a pivot

Fashion rental platform Blinge is looking at a pivot after shutting down the company’s core operations, according to two people familiar with the matter. “We are actually l...

Flipkart said to be in talks with CPPIB and Wal-Mart to raise $1 bn

Bengaluru-based e-commerce firm and India’s biggest e-tailer Flipkart Ltd is reportedly in talks with world’s largest retailer Wal-Mart Stores Inc. and Canadian fund CPPIB to r...

Ola wants government to stop ‘capital dumping’ by rivals

Though heavily funded by foreign investors like Japanese SoftBank Group, leading cab aggregator Ola has said government should bring in regulations to stop “capital dumping&#...

What bearing would GST have on startups?

The biggest tax reform in independent India is on way to implementation with a four-slab structure proposed by the government. The Goods and Services Tax or GST is essentially a si...