Tiger Global
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Tiger Global Management cuts stake in Amazon by 2/3rd
Tiger Global, the largest investor in e-commerce major Flipkart, has cut its stake in in US-based e-tailer Amazon by 67 per cent in the quarter ending March 2016. Amazon was the hedge fund's second largest investment.
As per regulatory filings,...
Retail
Now Ola Money can be used on other ecomm platforms
Ola, India’s largest cab hailing service, has announced that Ola Money can now be used as a wallet to pay for services on other e-commerce platforms.
Ola Money is the payment option for customers on its mobile app. Ola, promoted...
Retail
Flipkart Raises $210 mn; to Utilise Funds for Acquisitions
Days after closing the biggest acquisition deal in the Indian e-commerce space, online marketplace giant Flipkart has raised $210 million in a fresh round of funding, bringing the private equity firm DST Global on board as an investor, according...
Fashion & Lifestyle
Lime Road Gets $15 Million Funding
LimeRoad has closed $15 million in funding, which it says is one of the largest Series B rounds secured by an online commerce company in India. Investment was led by Tiger Global, with participation from returning investors Lightspeed Venture...
Retail
Online lifestyle apparel brand Sher Singh launched in India
Online retailer Exclusively.in, which sells Indian fashion clothing to customers in the US, has launched a contemporary range of apparel for men and women in India called Sher Singh, which will be available through www.shersingh.com. Cricketer Zaheer Khan is...
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Latest News
Unicommerce posts PAT growth of 21%+ YoY in Q2FY25, 25%+ YoY in H1 FY25
Additionally, the number of processed order items increased by 21.9% YoY to 232.8 million in Q2FY25 and by 27.6%...
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