BMW-Daimler ride-hailing venture steps up Uber challenge
Uber’s market value of $48.6 billion underscores investors anticipate technology firms will play a key role in shaping future transportation. Uber’s adjusted revenue is estimated to rise 15% to $12.9 billion this year, according to Bloomberg data.
Bizongo mops up $30 million Series C funding round led by Schroder Adveq
The investment major, which also has a deep focus on secondary trans...
‘India offers exciting blueprint for other emerging markets’
Tilman Ehrbeck, managing partner, Flourish, spoke about the India opportunity, h...
Blume Ventures puts $1.5 million in TapChief
The startup plans to use the funds to expand its network of professionals, enhance its product offering and integrate its technology with existing enterprise people management systems.
GoMechanic raises Rs 105 crore in latest round of funding
The investment will be used to support expansion into 10 more cities by the end of 2020 in its EV thrust, brand promotion and in streamlining spare parts procurement, a statement said.
Bajaj Auto formalises its partnership with Triumph Motorcycles, to introduce sub-Rs 2 lakh mid-size bikes by 2022
The models from the partnership will be available only under the Triumph brand and not Bajaj Auto. The duo will come out with a range of bikes under a new engine platform (200 cc to 750 cc engines). The new bikes will be produced at Bajaj Auto's factory in Chakan, Pune and it will shipped to all major markets around the world. With this partnership, Bajaj Auto is eventually take charge of Triumphs distribution in India as well.
Eight stocks where FIIs, MFs and promoters all turned bullish in Q3
These companies are yet to announce their December quarter earnings.
RIL rolls back compulsory share swap of Reliance Retail; unlisted market cheers
Only 35 lakh equity shares of Reliance Retail are available in the unlisted market.
Shared mobility startup Bounce raises $105 mn in fresh funding
Bounce currently operates its dockless scooters in Bengaluru and Hyderabad with a fleet of 13, 000 and 2, 000 vehicles respectively. It's docked scooter rental service is available to commuters in over 35 cities.
In a rocky startup world, candidates toss questions to interviewers
For sleep-solutions company Wakefit.co, the questions often are on layoffs - whether the company has ever handed out pink slips due to cost-cutting measures and/or change in direction, and if so, how they dealt with it.
Power Mech Projects bags orders worth Rs 351 crore
Power Mech Projects on Wednesday announced that it has bagged orders worth Rs 351 crore from state-owned Bharat Heavy Electricals Limited (BHEL) and Jaiprakash Power Ventures.
Online beauty platform Purplle nets $30m from Goldman, others
Launched in 2012, the company has already raised USD 10 million over the past six years.
m.Paani lands $5.5 million in Series A
The digitisation platform is a marketing and data analytics startup that enables local retailers to attract customers with a mobile-based loyalty programme.
Sarva raises Rs 20 crore in funding round led by Fireside Ventures
The funds would be utilised towards retail expansion, marketing and launching an integrated digital service.
AMJ Ventures invests $2 million in StyleCracker
This is AMJ’s third and largest investment in India since starting the family business earlier this year. The office was started after a partial exit from Brillio which received investment from Brain Capital this January. Before StyleCracker, AMJ made investments in Avail Finance, a Bangalore-based loan financing service and Propelld, a lender for higher education courses.
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