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    Myntra launches new offline Roadster Go store in Bengaluru

    After shutting down two loss-making retail outlets, Walmart-owned Myntra's next store for Roadster will have a self-checkout system. Walmart-owned Myntra today announced that it launched an offline store called 'Roadster Go' for lifestyle brand Roadster at Vega City mall in Bengaluru. Amar Nagaram, Head of Myntra Jabong, said, The company's other brick-and-mortar retail outlets - a...

    • 12 hrs ago
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    [Funding alert] AI-based crowdsourcing platform My Mobiforce raises $200K from angel investors

    Launched in 2017, My Mobiforce is focusing on building an AI-based Pricing Insight Engine, which can help clients pay the right price for the desired services. Noida-based crowdsourcingplatformMy Mobiforce has raised $200,000 from angel investors including US-based Arpan Prakash and Sanjiv Mital, CEO of the National Institute of Smart Government...

    • 15 hrs ago
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    [Funding Alert] IKEA's retail partner Ingka group invests in Bengaluru-based Livspace

    Livspace will deploy the funds across areas such as developing new home interior solutions and products, market expansion as well as to grow its offline footprint. Bengaluru-based home design and renovation platform Livspace has announced that Ingka investments, the investment arm of Ingka Group (Ingka Holding B.V and its controlled entities), has made a...

    • 17 hrs ago
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    Exit Poll 2019: IT stocks under pressure; TCS, Infosys down up to 2 pc

    IT index was the only one trading in the red, and all other sectoral indices were in the green. IT stocks came under pressure led by losses in Infosys and TCS in early trade on Monday, even as the broader market witnessed heavy buying after exit poll results suggested another term for the ruling NDA government. IT index was the only one trading in the red. All other...

    • 17 hrs ago
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    [Funding alert] Smart wearables startup KaHa raises $6.2M in Series B led by ICT Fund

    The funds raised in this round will enable Singapore and India based KaHa to boost its research and development and scale its operations in the Asia Pacific region. KaHa, an India- and Singapore-based end-to-end IoT platform startup for smart wearables, has raised $6.2 million in a Series B funding led by existing investor ICT Fund, a specialised deep-tech VC...

    • 17 hrs ago
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    Vertex Ventures raises an initial corpus of $230M for its SEA & India Fund IV

    Fund IV will back early-stage technology startups in financial services, enterprise, and consumers internet sectors. Vertex Ventures, an early-stage venture capital arm of Singapore-based investment company Temasek Holdings, has made the first close of its Southeast Asia and India-focussed Fund IV, at $230 million. The firm expects to do a final close of the fund...

    • 20 hrs ago
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    A big blow to Huawei after Google cancels its Android licence

    The Trump administration on Thursday blacklisted Huawei Technologies, making it extremely difficult for the company to do business with US counterparts. Tech giant Google has suspended the Android licence of Huawei Technologies, which has been dependent on its hardware, software, and other technical services. According to Reuters, Huawei can access the public version of Android...

    • 20 hrs ago
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    Spencer's Retail to acquire Godrej's Nature's Basket for Rs 300 Cr

    Kolkata-based Spencer's Retail on Friday said it will acquire 100 percent stake in grocery chain Nature's Basket for Rs 300 crore. Kolkata-based Spencer's Retail Ltd on Friday said it will acquire 100 percent stake in grocery chain Nature's Basket -- a wholly-owned subsidiary of Godrej Industries Ltd -- for a cash consideration of Rs 300 crore. The RP-Sanjiv Goenka Group...

    • 21 hrs ago
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    Inspired by Elon Musk and Jeff Bezos, India's startup space sector is set for lift-off

    Space is emerging as a viable commercial field as costs have dropped significantly and satellites are finding many more applications. Indian entrepreneurs are readying to take a bite of the $330 billion global space market pie. 'Space: the final frontier' may have held true in Star Trek, but Elon Musk and Jeff Bezos have made the world think differently...

    • 22 hrs ago
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    Sebi, stock exchanges beef up surveillance mechanism before poll results

    The poll results are likely to have a bearing on trading and increased monitoring helps to keep in check possible manipulations and excessive volatility in the markets. The Securities and Exchange Board of India (Sebi) and stock exchanges have beefed up their surveillance mechanism to check any manipulative activities in the market this week in view of the high-octane...

    • 22 hrs ago

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