BlackRock, an investor in Byju’s, estimates that its stake of Indian edtech giant, once valued at $22 billion, is now worth nothing. The write-down in its estimations, disclosed in an …
Meesho, a leading e-commerce startup in India with about 150 million transacting users, has secured $275 million in a new funding round, the company disclosed in a securities filing. The …
Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products, as it ramps up efforts against Walmart-owned Flipkart and Reliance’s Ajio, …
Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment, giving the Indian social commerce startup a valuation of $3.5 billion, adjusted for outstanding …
India’s USD 72 billion e-commerce market is dominated by Amazon, Flipkart & Meesho; image credit: Illustration by Sadhana Saxena Synopsis As Amazon and Flipkart are working overtime to break Meesho’s …
Ravi Adusumalli, founder and co-managing partner, Elevation Capital; image courtesy of Elevation Capital. Synopsis In the top quadrant of the VC league table, Elevation Capital arguably has the best record …
An employee takes stock of stacked products at Amazon’s newly launched fulfilment centre on the outskirts of Bangalore, India. Synopsis Amazon has made several major revisions in the fees it …