The funding is aimed at extending Practo’s leadership in India and establishing it as a clear winner in a space that is becoming crowded.
Nationwide, 'coffee pe charcha' (discussion over a cup of coffee) has become a serious business activity for emerging entrepreneurs.
Tata Mall, which will be a subsidiary of Tata Industries, has hired a mix of internal recruits and some from Tata Administrative Services, he said.
Like the conglomerate, Tata's personal investment portfolio is also spread across India's hottest dotcoms, affordable healthcare and clean energy.
It has now decided that the valuations of internet companies are too high and it would do better to wait for the market to settle before making an acquisition.
Tiger protege Coatue hunts for investments, eyes Ola and other Indian startups with potential of billion-dollar valuation
The deluge of capital has driven up valuations and given the local emerging ecosystem a tremendous boost, but also triggered concerns of a potential collapse.
The India gaming opportunity could be as large as China, a market which I have seen moving from $300-400 million to $6 billion in the last four years.
Info Edge, which also owns jobs listing website Naukri and online property search firm 99acres, is the largest shareholder in Zomato with a 50% stake.
These young founders, untouched by memories of downturns, are the kind looking to build robust global solutions with innovations in both technology and business models.
Tiger Global in talks with Nestaway and Zo Rooms to invest in accommodation segment of online commerce
Tiger Global Management, the largest investor in Indian startups, has turned its attention to another high-potential segment in online commerce — accommodation aggregators.
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