Supermarket Grocery Supplies Pvt (SGSPL), which owns and operates BigBasket, has raised $150 million from Mirae Asset-Naver Asia Growth Fund, CDC Group and existing investor Alibaba Group. The round was led by Mirae Asset-Naver Asia Growth Fund through one of its funds and it marks the group”s largest investment in
Jet Airways, India”s oldest private airline, decided to temporarily suspend all flights from Wednesday night as cash ran out and banks refused to give more money. It became the second major airlines to shut down operations, even temporarily, this decade after Kingfisher in 2012. Jet Airways was informed by the
Online ticket-booking platform BookMyShow has announced a strategic investment in AtomX, a Pune-based payments technology company for an undisclosed amount. With this investment, BookMyShow will provide customers an enhanced cashless experience for a host of on-ground events. This is part of BMS” larger strategy to strengthen its presence in the
Payswiff, a leading payment solution provider announced that it has partnered with PhonePe, India”s fastest growing payments platform. As part of the association, PhonePe will be made available as a payment option on Payswiff”s POS/mPOS terminals across their entire merchant base. Payswiff merchants will be able to conveniently accept payments
For any sports lover, the true on-field experience is as fascinating as it is rare! To give this dull reality a dreamy twist came Dream11, a fantasy sports platform that allowed millions of cricket fans in the country to finally have their own teams, albeit virtual! Besides allowing its users
Delhi-based online global travel community for travellers, Tripoto Travel Pvt Ltd, the startup which enables the users to discover the travel itineraries as well as to book a hotel and the holiday packages have now secured Rs 25 core in the funding round of Series B from Orchid India, Hornbill