Page 90 - Peerzada Abrar

What we're building in India is for next 100 years: Amazon's Manish Tiwary

Coffee with BS: Meet Manish Tiwary, Vice-President & Country Manager, India Consumer Business, Amazon

Bengaluru ranks 5th globally for tech VC investments in 2022: Report

The city's tech firms have raised $7.5 bn in tech venture capital investment so far in 2022 - more than any other year previously

BlackBuck bounces back from Covid, reimagines its trucking business model

The Tiger Global and Sequoia-backed unicorn plans to deepen its reach from 100,000 villages currently to over 300,000 villages, and scale its existing businesses 3x by 2023

PhonePe sells over 1 mn two wheeler insurance policies on its platform

Sees over 75% of overall insurance purchases from tier 2 & 3 cities

NCLAT rejects Amazon plea against CCI order, directs to pay Rs 201 cr

The deal involves a Rs 1,431-crore investment by the US major to purchase a 49 per cent stake in Kishore Biyani-led Future Coupons Pvt Ltd (FCPL) in 2019

Big role for tech team as Uber India builds products for global markets

They handle critical functions for Uber, such as rider engineering, Eats engineering, infra-tech, data, maps, Uber for Business and fintech

Tencent buys stake worth $264 mn in Flipkart from co-founder Binny Bansal

Binny Bansal now holds 1.84% in Flipkart after this deal with Tencent Cloud Europe BV

SAP to double investments in India, sees 'major growth': Executive

Indian talent is 'unbelievable', says Thomas Saueressig, who is a member of the German firm's executive board.

InsurTech models to help Indian insurance mkt hit $222 bn by FY26: Redseer

New online distribution models such as B2C, B2B and B2B2C are key drivers of growth, with B2C in particular, gaining significant opportunities.

Beauty start-up Purplle raises $33 mn in funding, gets unicorn status

It is the second Indian startup this week to be valued at more than $1 billion, after edtech firm Physics Wallah.

Amazon India says it stepping up support plan for LGBTQAI+ employees

Same-gender partner of a worker can sign up for health insurance programme, says company.

Amazon blocked 4 bn bad listings in 2021: Director-global brand relations

Amazon's automated technology scanned over 8 billion attempted changes to product detail pages daily for signs of potential abuse, compared to more than 5 billion in 2020

Future Group, its promoters 'orchestrated and committed' fraud, says Amazon

Warns of legal action to block sale of FRL assets to Reliance Retail as part of a $3.4-billion deal

Meesho eyes 1.2 bn shipments by next year using third-party logistics

SoftBank-backed internet commerce firm aims to become biggest contributor in its space in terms of shipments through 3PL players

Expect over 1 mn new shoppers in flagship sale this year: Myntra CEO

Myntra is poised to expect over 1 million new customers, with over 40 per cent of the overall traffic coming from tier 2/3 cities and towns

Flipkart aims to sell one bn fashion products in 2023, preps for sale event

Flipkart is betting on the fashion market and has announced its end-of-season sale (EOSS) event where it will connect customers to 200,000 sellers

Murthy advises start-ups not to see IPOs as 'surrogate' for a funding round

Says that isn't a good thing as an IPO comes with great responsibilities; points to pressure from VCs as a reason for IPO move by companies

Edtech sector in crisis as Covid curbs ease; hybrid model offers hope

After two boom years, it is struggling with falling demand but exploring hybrid models as a way out

CoinSwitch launches benchmark index for crypto market in Indian Rupee

CRE8 tracks eight assets representing over 85 per cent of the total market capitalisation of digital assets traded in Indian Rupee.

BigBasket raises Rs 350 cr from holding firm as it takes on competitors

The online grocer plans to expand its footprint to 70 cities this fiscal year, from about 37 now.