Press Release

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In July 2017, IndianWeb2 reported that the logistics arm of online marketplace Snapdeal’s Vulcan Express is soon going to acquired by express distribution and supply-chain companies, Gati, Peepul Capital and TVS Logistics.With this acquisition, Snapdeal looks to gain...
This Indian Firm Has Highest Earnings Per Employee and This Has Eldest CEO

With the FY17 annual reports finally all in, Hong Kong-based brokerage and investment firm CLSA decided to decipher them to bring out some interesting facts about Indian companies. From company with the highest number of employees to the company having the eldest CEO, a lot of things were unearthed...

It was in 2008 when the world was introduced to a new crypto currency called Bitcoin which changed the cryptocurrency game forever. In the last couple of years, the technology has grown to become one of the most talked about trends in the financial world.If talk about...

Pet care app Tailslife has raised an undisclosed round of bridge funding from existing investor and chairman of Exfinity Ventures, V Balakrishnan. The company has received commitments from other investors as well and has kept the round open to secure further investments, reports...

A sustainable global Fintech ecosystem, Fintech Valley Vizag has launched the Fintech Valley Accelerator Program for tech startups in India. The Vizag has launched this program to develop a high potential fintech ecosystem focused on co-creating innovative solutions to address the evolving needs...
Why Alibaba May Back Zomato in India

Chinese e-commerce giant Alibaba Group Holding's payments affiliate Ant Financial is currently contemplating investing a whopping $200 million in Zomato Media, an India-based food tech company and international restaurant advertising platform.Ever since the word about this "would-be" investment got out, people in the food tech world...

B2B financial data technology platform CreditVidya has raised $5-million (Rs 32-crore) in Series-B round of funding led by Matrix Partners. The current round of funding also saw participation from existing investor Kalaari Capital. Post this round, the total capital raised by CreditVidya touches...
Prominent FinTech Startup 'Ripple' Is Now Opening An office in India

A while ago in July, we had informed you how we could soon see Ripple technology setting up its shop in the Indian subcontinent. And now, it is finally happening. According to latest update, the San Francisco-based FinTech payment firm is all set open itself an office...
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Looks like there is no end to the troubles for e-commerce companies. Where e-commerce giants like Flipkart and Amazon are in the tug of war to stay on the top of the chart, here comes the another development for them giving them a sleepless night. The e-commerce...

Hyperloop Transportation Technologies announced today that they have signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB), to facilitate the development of HTT's Hyperloop Transportation System.The proposed route for the Hyperloop is between the city centers of Vijaywada and Amaravati, potentially turning a trip...