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Droom files for ₹3,000 crore IPO ⁠— the online car dealer wants ₹400 crore for acquisitions

Online automobile marketplace Droom has filed its draft red herring prospectus (DRHP) for its ₹3,00…

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Once valued at $1.1 billion Shopclues finally gets sold for less than $100 million valuation

Here’s a look at how it all went down for the e-commerce startup. Shopclues was founded in…

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2 mins read

ShopClues raises Series E at a valuation of $1.1 Billion

This funding has brought the retailer’s valuation at more than $1.1Billion. The round of capital in…

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Exclusive: Shopclues predicts how the E-commerce space will turn out in 2017

A marketplace with close to 100 million monthly visitors, this company has seen over 4x growth in i…

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1 min read

Shopclues denies having any merger talks with Flipkart

"If money was the only reason why businesses have to be made and sustained, then Tatas and Birlas s…

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Alibaba reportedly in talks to acquire Shopclues

The media has speculated about Alibaba's interest in Flipkart, however these parleys have stalled o…

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Shopclues wants to achieve its billion dollar dream, eyes raising Rs 1320 crore through funding, IPO

In January this year, Shopclues had raised $100 million from New York-based hedge fund Tiger Global…

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Internal conflicts aside, ShopClues might bring out an IPO

The issue is said to be ready for the first quarter of financial year 2018-19, and would have at le…

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Radhika Aggarwal, Co-founder, ShopClues on Startup India Policy

“Modi has done what he does best. He has acted like a disruptive startup. Most importantly, he got …

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3 mins read

Droom, a lesson in efficiency for startups

Gone are the days when bigger necessarily meant better for startups across the country. While a bil…

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1 min read

ShopClues.com Bags $100-million Investment

Lee Fixel from Tiger Global said in a statement, “ShopClues has emerged as the leading marketplace …

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5 mins read

5 things that went wrong with Flipkart and Snapdeal

This cash burn also held up GMV figures, which was considered the single most important metric for …

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2 mins read

Indian eCommerce industry hopes Diwali will light up sales

Paytm, a transaction platform, however, plans to promote wallet downloads. The company’s vice-presi…

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Exclusive: Angel Investor Alok Mittal, is Debunking the Myth that IITian-led Start-ups are the only Good Bets in the Ecosystem

In regards to his IIT entrepreneurial roots, Mittal says he tries to contribute to debunking the…

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Flipkart vs Snapdeal: E-commerce giants tremble under investors’ pressure

Sachin Bansal took the first dig by tweeting, "While in 2014 it looked like the game had consolidat…

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Hyundai Creta, Bajaj Pulsar emerge as the most popular car and bike: Droom report

Droom, India's leading automobile e-commerce platform, which provides the largest selection of auto…

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This IIT-IIM startup founder denies Shark Tank offer, sells his entire inventory over the weekend

Ganesh Balakrishnan pitched his venture Flatheads Shoes on Shark Tank India S2 and received an offe…

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4 mins read

Droom founder explains why he is considering a US IPO and where he intends to spend the money

Online automobile marketplace Droom is all set to go for an initial public offering (IPO) in the ne…

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2 mins read

Mitron TV continues its funding spree as it builds on its Atmanirbhar strategy

Mitron TV, the short video platform that took on TikTok just as it got banned in India, has raised …