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India’s largest e-commerce company Flipkart’s recent fundraise of $1.4 billion (around Rs 9,000 crore), the biggest-ever in the country’s burgeoning consumer internet sector, has undoubtedly filled its coffers for now, but it also begs some important questions. Will this be…
Japan’s SoftBank Group Corp. has written down as much as 58.1 billion yen ($555 million) in two of its biggest investments in India, cab-hailing firm Ola (ANI Technologies Pvt. Ltd) and e-commerce marketplace Snapdeal (Jasper Infotech Pvt. Ltd), the company…
Read More SoftBank Group Writes Down $555 Million In Ola, Snapdeal Investments
India’s retail space dominated by home-grown market leader Flipkart, with Jeff Bezos-founded Amazon following it, is being infused with increased funding if one were to go by news reports that Wal-Mart is pumping in $1 billion into Flipkart. Sanchit Vir…
Technology startups in India are getting a financial boost from the government, but entrepreneurs say that more could be done to support growth in the industry. Sanchit Gogia, Chief Analyst & CEO at Greyhound Research, called the government's planned tax…
Read More Startups Like India’s Money But Want More Government Action
The country’s organised taxi industry has shown first signs of consolidation at a time when a majority of companies in the segment are losing money. According to Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, this clearly points to…
Read More Ola’s Buy Signals Early Shakeout In The Taxi Segment
The Rs 1000 crore fund set aside for IT start-ups in the Budget 2015 would pave way for entrepreneurs to explore opportunities in newer sectors, provided the proposed techno-financial, incubation and facilitation programme, or Self-Employment and Talent Utilisation (SETU) does…
Read More Budget 2015: Rs 1,000 Cr Fund Is A Confidence Booster But Start-Ups Fear Red Tapism
The country’s organised taxi industry has shown first signs of consolidation at a time when a majority of companies in the segment are losing money. According to Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research, this clearly points to…
Read More Ola’s Buy Signals Early Shakeout In The Taxi Segment
Sanchit Vir Gogia, Chief Analyst, Greyhound Research says that announcements made in Budget 2014 have remained mere aspirations with lack of clarity on policies with regard to Digital India, uncertainty over the Rs 10,000 crore start-up fund for MSMEs, as…
Read More Greyhound Radio with Sanchit Vir Gogia on Union Budget 2015
Months after e-commerce major Flipkart raised $1.9 billion (about Rs 11,800 crore) in three rounds of funding in 2014, the Bengaluru-based company is again understood to be in talks to raise at least $500 million. “I believe the profit margins…
