We view India as our future, says WhatsApp global head
WhatsApp is bullish on prospects in India as it revealed that it has 400 million monthly active users here out of a global base of 1.5 billion.
Madhav Chanchani
Tiger to exit Policybazaar, eyes $1.5 billion valuation for company
The company is in talks with Tencent, existing backer SoftBank for a 21% stake.
BookMyShow stake sale at $1 billion valuation
The transaction involves a complete exit by SAIF Partners, which holds 5.6% stake, and a partial exit by Accel India, said sources, adding that employees are likely to get liquidity with this deal.
Oyo to recast biz into 3 units to streamline operations
The move will give the company “sharper focus” and “better alignment” besides “improve competitiveness”, according to the filing.
SoftBank faces Oyo riders for stake increase
This comes at a time when Oyo has been looking to raise a new round at a valuation of over $10 billion.
Animal spirits are back in India’s Startup Inc
Total money poured into startups increased by 31% to $4.7 billion in the first six months of 2019 as compared to the same period in the previous year.
Ride-hailing enters new growth lane as bike mobility takes off
Many people in Bengaluru now hire them for short trips instead of calling a cab.
SoftBank fund begins talks to back health startup CureFit
CureFit raised a round of $120 million and, including the $75 million it raised earlier this year, it has mobilised over $245 million from investors.
Bajaj Auto in talks to back cycle-rental co Yulu
The Pune-based two-wheeler manufacturer is in talks to invest $6-8 million in the current round as it looks to ride on the fast growing urban mobility space.
Bajaj Auto in talks to back cycle-rental co Yulu
The company also recently partnered with Uber, where users can book its vehicles using the US-based ride-hailing major's app.
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