Firm confirmed it was moving away from a marketplace food delivery biz model.
Capital Float’s funding talks with PayU got stuck due to doubts about its asset quality.
The New York-based investment firm ploughed in Rs 34.6 crore as part of TVF’s Series-D round through its Internet Fund III earlier this month.
Instead of funnelling money through private equity funds, many are parking money in unlisted firms.
Discounts by Swiggy and Zomato will be down at least 40% industry sources say, while cuts at UberEats will be more drastic.
Discounts by Swiggy and Zomato will be down at least 40%, industry sources say, while cuts at UberEats will be more drastic.
ShopClues shareholders may get 10% in the combined entity if all-stock deal goes through.
The company confirmed it was moving away from a marketplace food delivery business model, but declined to comment on expansion plans.
Mumbai based discount brokerage firm, Upstox has extended its reach to tech-savvy youngsters and tier-2 & tier-3 cities, where facilities are limited.
With second-tier cities at its core, Oyo Hotels' chain extends deep into China's tier-2 to tier-6 cities.
The government, which launched the card first with domestic card scheme RuPay, has allowed other global schemes to get on board the platform.
There are various in-house brands such as The Great Khichdi Experiment, Flrt, Lovemade and Grandma’s kitchen which the company has plans to leverage