HomeLane.com mops up $10 million from Accel, others

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HomeLane.com, an online home interiors startup, has raised $10 million in a round led by Accel Partners along with participation from Sequoia Capital and RB Investments. The startup will deploy the funds to fuel growth...

Swiggy Acqui-hires Gourmet Asian Food Startup 48East

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Bengaluru-based food ordering and delivery startup Swiggy has acqui-hired the management team of Bengaluru-based gourmet Asian food startup 48East in order to further broaden its senior leadership. Swiggy Access, for the uninitiated, is an initiative...

Amazon launches special store for women entrepreneurs

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American online retailer Amazon has launched a new programme-Amazon Saheli-aimed at empowering and enabling women entrepreneurs across the country to sell their products on the its marketplace. Amazon India has collaborated with organisations that work...

Paytm partners with ICICI Bank for quick credit

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Digital payments platfrom Paytm has partnered with the country’s largest private sector lender ICICI Bank for a short term credit product for its customers. The product named Paytm-ICICI Bank Postpaid will allow customers to get...

TeamLease acquires 40% stake in Schoolguru for Rs 13 crore

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Staffing services firm TeamLease Services has acquired 40 percent stake in online learning company Schoolguru Eduserve Pvt Ltd for Rs 13.53 crore, a move that will accelerate TeamLease’s employability strategy. The transaction involves purchase of both primary as well...

Wipro Ventures invests in app-testing firm Headspin

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Wipro Ventures has invested an undisclosed sum in Headspin Inc., a San Francisco-based mobile app testing start-up that counts Google Ventures as one of its backers. It’s the 13th investment by the $100 million corporate...

eBay secures 5.4% stake in Flipkart

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Ecommerce giant eBay Inc has secured a 5.4% ownership in Flipkart, according to the company’s quarterly report filed with the US Securities and Exchange (SEC). This follows the sale of their eBay India business to...

Flipkart to invest $500m in its payments arm PhonePe

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E-commerce major Flipkart has committed to invest $500 million in its group payments platform PhonePe, which is scaling its operations.Since its acquisition in 2015, Flipkart has invested a total of $75 million in PhonePe. Read more

Amazon Infuses $250 Mn In Indian Amazon Seller Services

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Amazon.com has infused another amount of $250 million in its Indian based seller operations arm Amazon Seller Services Pvt. Ltd, as per the filings with Registrar of Companies. Singapore-based group entity Amazon Corporate Holdings and Mauritius-based...

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