BigBasket FY22 Revenue Up 17% to Rs 7119 Crore, Loss Widens 4x to Rs 813 Crore
Innovative Retail Concepts Private Limited, which operates in the form of online food and grocery stores, commonly known as Bigbasket, reported revenue of Rs 7,119...
Tag : Amazon
Netflix Partners with Microsoft to Launch Ad-Supported Subscription Plan
On July 14, Netflix announced that it had selected Microsoft as the global ad technology and sales partner for its upcoming ad-supported streaming tier. The...
Tata Group’s Infopark Properties Raises Rs 1.9K Crore Via Zero-Coupon Bond
Infopark Properties Ltd (IPL), a subsidiary of Tata Real Estate and Infrastructure Ltd, has raised Rs 1,900 crore through a two-year zero-coupon bond. As part...
Foxtale Raises $4 Million Led by Matrix Partners India
Direct-to-consumer (D2C) skincare brand Foxtale has raised $4 million in pre-Series A funding led by Matrix Partners India. Existing investor Kae Capital also participated in...
SME-Focused Lending Platform FlexiLoans.com Raises $90 Million
FlexiLoans.com, an online lending platform that provides working capital loans to small and medium enterprises (SMEs), has raised $90 million from private equity (PE) firms...
Amazon India To Open New Robotics Software Development Centre in Bengaluru
E-commerce giant Amazon announced Monday that it would open a new consumer robotics software development centre to build solutions for the world. The India hub...
Vodafone Idea Rises on Reports Amazon May Invest Rs 20K Crore
Shares of Vodafone Idea surged on May 30 after The Ken reported that e-commerce giant Amazon had invested up to Rs 20,000 crore in the...
Meesho Joins ONDC; Plans to Compete with Amazon, Flipkart with Branded Products
Following the e-commerce giant Meesho is now looking to join the government-backed Open Network for Digital Commerce (ONDC) and has started developing a new product...
Ford Sells Stake in EV Maker Rivian for $214 Million
Ford Motor Co sold 8 million shares of electric vehicle maker Rivian Automotive Inc for $214 million, or $26.80 a share, the US automaker said...
Amazon Ends 14 Days of Paid Leave for Covid-Infected Employees
E-commerce giant Amazon has stopped offering seven days of paid time off (PTO) to frontline workers infected with Covid-19. According to CNBC, starting Monday, Amazon...