Flipkart to invest over $200m for a stake in Aditya Birla’s fashion retail arm

The fashion and lifestyle company plans to use the fresh funds to strengthen its balance sheet and accelerate its growth trajectory. Read more »

Indian DIY startup Dukaan bags seed funding from Matrix, Lightspeed

With the fresh capital, the company plans to continue to expand operations geographically and enhance its product suite. Read more »

These are the most active investors in India’s startups

Which investors are writing the most cheques to India-based startups? Read more »

Indian fintech firm Razorpay hits unicorn status with $100m series D round

The round was co-led by Singapore’s sovereign wealth fund GIC and Sequoia India. Read more »

Flipkart’s Myntra nets $103m infusion from parent firm

The latest capital injection comes just before the company’s festival sale that begins on October 16. Read more »

Amazon Pay India bags $96m from its parent entities

The latest investment comes after the payment unit received over US$184 million from its Singapore and Mauritius-based parent entities in January this year. Read more »

A peek inside Vietnam’s edtech industry

Vietnam seeks another edtech breakthrough, and Reliance Industries’ retail unit bags more money from investors. Read more »

Walmart’s Flipkart buys land for fulfilling center worth $59m

It plans to set up a five million square feet logistics park on the plot of land in two to three phrase over the next three to five years. Read more »

Twitter’s early backer Tim Draper leads funding in India’s bitcoin platform Unocoin

The latest investment is part of the company’s targeted US$5 million series A funding round, which would raise its valuation to US$20 million. Read more »

Amazon sends legal notice to Future Group for selling stake to Reliance Industries

Prior to the deal, Amazon acquired a 49% stake in Future Coupons, a promoter group entity of Future Group’s retail business. Read more »

Ex-Ola and PayU exec’s fintech firm bags $18.5m seed money from Lightspeed, Accel

Part of the fresh capital will be used to build the team and bolster its market and customer acquisition efforts. Read more »

Reliance Industries’ retail unit bags $749m from ADIA

It comes shortly after the company secured US$1 billion from Singapore sovereign wealth fund GIC and global private equity firm TPG Capital. Read more »

Reliance Retail to receive $1b from GIC, TPG

The latest investment gives Reliance Retail a pre-money valuation north of US$58.4 billion. Read more »

Amazon invests another $152M in its Indian unit

It comes after the Indian unit received around US$313 million from Amazon in July. Read more »

Walmart to pour up to $25b into Tata group’s super app

The new entity, scheduled to be launched in India in either December or January, could be estimated at around US$50 billion to US$60 billion in valuation. Read more »

Meet the 20 top-funded fintech companies in India

These companies are most likely to redefine the status quo in the financial system. Read more »

India reveals plans to ban cryptocurrency trading

The report said that a renewed ban could affect over 1.7 million crypto traders, as well as the number of companies looking to set up trading platforms. Read more »

India’s Mobile Premier League banks $90m in series C round

This takes the mobile gaming startup’s total raised funding to US$130.5 million. Read more »

Mutual aid: The next big hit in insurtech?

What exactly is mutual aid in China and why it could work in Southeast Asia, and the plant-based startup that makes meat green. Read more »

Reliance Retail valued at $57b after $755m investment from KKR

In May, KKR also invested US$1.5 billion in Jio Platforms, the digital services arm of the conglomerate. Read more »