Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2 billion, three sources fami
Flipkart co-founder Binny Bansal has resigned from the e-commerce group’s board, the two said Saturday. Sachin Bansal, the Bengaluru-headquartered startup’s other co-founder, left the boar
Svatantra Microfin has reached an agreement to acquire Navi Group’s microfinancing unit Chaitanya India for about $178.5 million, the two firms said Tuesday, latest in a series of events at entr
The Indian central bank has rejected the application of Chaitanya India Fin Credit seeking permission to become a bank in a major setback to Flipkart billionaire Sachin Bansal, who has been looking to
Sachin Bansal’s Navi Technologies, a fintech startup that offers customers insurance and loan products, has filed for a $440 million IPO as the 40-year-old entrepreneur who made his money by kick-st
There’s more money racing into India’s increasingly competitive two-wheeler market after electric scooter maker Ather Energy said today it has raised $51 million in new funding. The round
Ola, Uber’s key rival in India, is doubling down on electric vehicles after it spun out a dedicated business, which has pulled in $56 million in early funding. The unit is named Ola Electric Mob
The money is starting to flow from India’s largest startup exit. Ola has added a major name to its ongoing financing round after it confirmed that Flipkart co-founder Sachin Bansal has invested
Flipkart co-founder Binny Bansal’s next act is aimed at helping the next generation of startup founders in India. Bansal already etched his name into India’s startup history after U.S. ret
Flipkart, the India-based e-commerce firm owned by Walmart, has lost its Group CEO Binny Bansal after he resigned from the company following an investigation into “serious personal misconduct.&#
Two weeks ago, Walmart concluded its investments to acquire a majority stake in Flipkart. This is one of the largest transactions in e-commerce and in the internet space globally, with Walmart deplo
Walmart announced over the weekend that it has completed a $16 billion investment in Flipkart that sees it become the majority owner of the Indian e-commerce company. The deal was first revealed back
The long running saga over the future of Indian e-commerce firm Snapdeal may be close to a conclusion at last. The company has been repeatedly linked with an acquisition by rival Flipkart, and now a d
News In Shorts, an India-based company that operates a news digest app for iOS and Android, has raised a $4 million Series A round led by Tiger Global.