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Tencent buys 10% of Policybazaar, enters India insurance market
Tencent, known for its dominant WeChat messenger, has been an aggressive investor in Indian startups.
Zomato halves cash burn to $20 million in October
Sanjeev Bikhchandani, executive vice-chairman of Info Edge, said he was confident that Deep...
Policybazaar appoints Chetna Gogia as new head of HR
Gogia will be responsible for overseeing the company’s human resources while helping bus...
Policybazaar moves tech services to Zphin
New brand will work on automating processes around sales, services, and marketing.
‘Platform as a service’ is a big sell at fintech
Selling service helps companies earn steady revenue and expand with no major investment.
IIT-Delhi targets Rs 200 cr at fund launch
IIT Delhi sets its sight on a Rs 200-crore endowment fund from its glorious genus of alumni including founders and co-founders of various companies namely Flipkart, Zomato, PolicyBazaar et al. Pledges of more than Rs 125 crore are already in place.
Startups seek change in listing requirement
The startups want a revision in rules that govern the listing of startups on Indian stock exchanges.
How a blossoming fintech partnership can be seen between UK and India
UK is at the cutting edge of innovation when it comes to fintech, building on our established position as a world leading financial and professional services hub.
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.
Startup investors writing more $100 million cheques this year
With the rush of capital and new types of investors coming in, venture capitalists said the time taken for startups to grow their business and rack up $100 million in funding has also shrunk over the past few years.
The curious case of two bananas: Ola, Policybazaar, Manforce Condoms cash in on the #RahulBoseMoment
Brands across social media brought their A-game to social media with most-witty marketing campaigns.
Budget 2019: Tackle retailers’ woes, ease ESOPs’ norms, says Policybazaar’s Alok Bansal
The government has introduced a Rs 10,000 crore fund for startups, however, accessing them is easier said than done.
VC funds set to pocket $2.5 b from part-exits
Early investors make a killing as later-stage funds jostle for a toehold in country’s Startup Inc.
Government proposes to allow 100% FDI in online insurance marketplaces like PolicyBazaar, CoverFox
Finance minister Nirmala Sitharaman said 100% FDI will be allowed for insurance intermediaries. The move is expected to benefit insurance aggregators and insurance broking startups.
InfoEdge-backed startup ShoeKonnect pivoting to fashion B2B marketplace
The startup claims it will to hit Rs 100 crore in monthly gross merchandise value or sales by end of 2020.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service
