Last fortnight, MX Player raised a $100MM, adding more firepower to fight in the fast-growing OTT market.
Last week, B2B online listing platform IndiaMart had a $60MM IPO subscribed 36 times, a big first for an online Indian e-commerce player.
To Be or Not to Be
After a few years of moving to the US, in 1995 Dinesh Agarwal got some interesting news from back home.
India was launching the Internet in 1995, and Mr.
Last week, Flipkart founder Binny Bansal suddenly resigned from Flipkart, after Walmart’s investigation into alleged “serious personal misconduct”.
The moment the news was broken, it was carried by every media publication and was trending on every social media platform.
Last week, Amazon-Samaara acquired troubled retail chain More for INR 4,200 Cr (~$600MM).
Amazon India, started in late 2012 with discovery engine Junglee.com.
Last week, fintech company Zerodha invested ~INR 2.5 Cr in options trading company Sensibull.
Since its inception 8 years ago, Zerodha has been an intriguing watch.
After disclosing lukewarm earning forecasts, user slowdown and privacy concerns, Facebook created history of the wrong kind by losing $119Bn of market value in one day.
A tad over a year ago, an investment group Bespoke (B.I.G) created an index called “The Death By Amazon Index“.