Connect with us

News

Alibaba On A Funding Spree!

Published

on

Alibaba On A Funding Spree,Startup Stories,2018 Latest Business News,2018 Best Motivational Stories,Alibaba China Alibaba Business News 2018,Alibaba Funding Updates,Startup Funding India,China Biggest e commerce Platform Alibaba,Online Food Delivery Platform Zomato,Indian Online Grocer BigBasket

Alibaba, China’s biggest e commerce platform, just announced a 56 % increase in the third quarter revenue, shutting down the trade analysts who were all saying that the e commerce platform’s revenues are slowing down. Alibaba saw its shares double up from its original value based on the back of the strong sales system it has been following.

In an attempt at showing the world that it is here to stay, Alibaba just made a host of really interesting investments. Online food delivery platform, Zomato Media Pvt., is going to receive a whopping $ 200 million from Alibaba on the basis of a stock exchange format. This move proves the fact that Alibaba is ready to expand its interests into other areas as well.

InfoEdge, a 45% stake holder in Alibaba, has decided to divest 6.66% for $ 50 million in Zomato either directly or through its wholly owned subsidiary, Naukri Internet Services Pvt Ltd. This would value the Gurgaon-headquartered Zomato at around $ 760 million. The Jack Ma led Alibaba has signalled a strong interest in increasing its hold on the e commerce front.

At the moment, Alibaba is already a leading investor in online payments facilitator platform, Paytm. Apart from professing an interest in investing in Zomato, the Jack Ma led Alibaba led a $ 300 million investment round in online grocer, BigBasket. India’s online retail grocery platform is already quite huge and stands at a valuation of $ 900 million, with BigBasket making up for around $ 700 million of the total.

Through this funding, BigBasket aims at squashing its competitors (Flipkart Online Services Pvt. and Grofers.) The company will deploy the funds into building farmer networks, warehouses and delivery infrastructure with a goal to penetrate deeper into the more than two dozen cities it currently operates in.

On the other hand, Zomata has one major food delivery platform as its rival, Swiggy. Through this round of investment from Alibaba, Zomata firmly places itself at the higher end of the spectrum and has a valuation that far exceeds the valuation of Swiggy.  Alibaba is expected to own around 26% stake in Zomato after the $200 million sale via primary and second transactions. InfoEdge’s stake would come down to 31%.

 

Continue Reading
Advertisement
4 Comments

4 Comments

  1. Mjdbjofl

    May 26, 2025 at 4:08 pm

    Explore the ranked best online casinos of 2025. Compare bonuses, game selections, and trustworthiness of top platforms for secure and rewarding gameplaycrypto casino.

  2. 5ptvl

    June 6, 2025 at 1:02 pm

    can i get cheap clomiphene no prescription can i get clomiphene without insurance how to get generic clomiphene pill where can i buy cheap clomid price clomiphene generic cost buying clomid no prescription clomid brand name

  3. moxslfoyn

    July 19, 2025 at 4:09 pm

    O único bónus em Big Bass Bonanza são as rodadas grátis. Ao obter 3 ou mais Scatters, pode ganhar até 20 rodadas grátis. Durante o jogo bónus, os peixes podem ser colecionados quando aparece o símbolo Wild do pescador. Fique a saber mais detalhes abaixo. Jogadores com mentalidade matemática apreciarão especialmente a volatilidade elevada do Big Bass Bonanza Megaways, que se torna ainda mais apelativa combinada com o RTP impressionante. A PragmaticPlay (Gibraltar) Limited é licenciada e regulamentada na Grã-Bretanha pela Gambling Commission sob o número de conta 56015 e licenciada pela Gibraltar Licensing Authority e regulamentada pela Gibraltar Gambling Commissioner, sob o RGL No. 107. (11) 99999.9999 Para aqueles que desejam testar as águas antes de se comprometerem totalmente, estão disponíveis opções como o “Big Bass Bonanza Free for Android”.
    https://www.dacapo.fr/review-penalty-shoot-out-da-evoplay-a-emocao-do-futebol-em-um-cassino-online/
    Em resumo, Big Bass Bonanza é muito mais do que um simples jogo de casino online – é uma jornada emocionante para os entusiastas de pesca e jogadores de cassino. Com sua temática envolvente, gráficos impressionantes e recursos exclusivos, este jogo continua a atrair jogadores de todo o mundo em busca de grandes vitórias e momentos de diversão inesquecíveis. Christmas Big Bass Bonanza™ chega na esteira de Santa’s Wonderland™, Book of Fallen ™ inspirado no Egito e o recente sucesso Super X™, juntando-se a uma coleção de mais de 200 títulos HTML5 no portfólio de jogos premiados do Pragmatic Play. Um jogo divertido, com ótimos gráficos, temática interessante, e bons recursos. Big Bass Bonanza Megaways é um peixão pescado pela Pragmatic Play. Jogar Big Bass Bonanza Megaways no Cassino da KTO é muito simples e intuitivo. O jogo segue regras padrões dos slots, mas com algumas peculiaridades, como a mecânica megaways.

  4. lhzklscin

    July 22, 2025 at 3:39 pm

    A escolha depende das preferências pessoais: para iniciantes, a versão original é ideal, enquanto os fãs de inovações vão preferir o Big Bass Splash. Para jogar o Big Bass Splash, acesse o seu casino online de preferência, e pressione o botão de ‘’Spin’’, tal qual em outros slots que você já é familiar. Com temática extremamente atrativa e visualmente divertido, Big Bass Splash promete atrair os fãs da pescaria e aventura, nesse caça-níqueis com 10 linhas de pagamento. Seu prêmio máximo de 5000x o valor de sua aposta é, com certeza, um de seus maiores atrativos. Com uma aposta mínima de U$ 0,10, possui diversas maneiras de turbinar seus giros e aumentar seus ganhos, para fisgar os jogadores. COPYRIGHT © 2015 – 2025. Todos os direitos reservados à Pragmatic Play, um investimento da Veridian (Gibraltar) Limited. Todo e qualquer conteúdo incluído neste site ou incorporado por referência está protegido por leis internacionais de direitos autorais.
    https://aaron.mi2a-innovation.com/what-makes-aviator-game-real-in-a-world-of-clones/
    From the prizes awarded by the Tumble feature to potentially massive payouts in Free Spins mode, Buffalo King Megaways is one of the top slots released by Pragmatic Play. Most players wil enjoy playing this slot for real money. Buffalo King Megaways offers potentially huge payouts of up to 5,000 times your bet, and you can try your luck by playing it for real money. Just pick any casino site recommended by Revpanda’s experts on this page and join to start playing. Buffalo King Megaways offers potentially huge payouts of up to 5,000 times your bet, and you can try your luck by playing it for real money. Just pick any casino site recommended by Revpanda’s experts on this page and join to start playing. Buffalo King Untamed Megaways uses the Megaways gameplay mechanic. There are several reels. The first and last reel can each display between two and six symbols, while the middle four can display up to seven. This allows for up to 86,436 potential Megaways on each spin.

Leave a Reply

Your email address will not be published. Required fields are marked *

News

BMW’s New Logo Debuts Subtly on the All-Electric iX3: A Modern Evolution

Published

on

BMW new logo

BMW quietly debuted its new logo on the all-electric iX3, marking a significant yet understated shift in the brand’s design direction for 2025. The updated emblem retains the classic roundel and Bavarian blue-and-white colors, but sharp-eyed enthusiasts noticed subtle refinements: the inner chrome ring has been removed, dividing lines between blue and white are gone, and the logo now features a contemporary satin matte black background with slimmer “BMW” lettering. These enhancements showcase BMW’s embrace of modern minimalism while reinforcing their commitment to premium aesthetics and the innovative Neue Klasse philosophy for future electric vehicles.

Unlike rival automakers that reveal dramatic logo changes, BMW’s refresh is evolutionary and respectful of tradition. The new badge ditches decorative chrome and blue borders associated with earlier electric models, resulting in a flatter, more digital-friendly design that mirrors recent branding seen in BMW’s digital communications. Appearing first on the iX3’s nose, steering wheel, and hub caps, this updated identity will gradually be adopted across all BMW models—both electric and combustion—signaling a unified brand language for years to come.

BMW’s strategic logo update represents more than just aesthetic reinvention—it underscores the brand’s dedication to future-ready mobility, design continuity, and a premium EV experience. As the new roundel begins rolling out on upcoming BMW vehicles, it stands as a testament to the automaker’s depth of detail and thoughtful evolution, offering subtle distinction for keen observers and affirming BMW’s iconic status in the ever-changing automotive landscape.

 

Continue Reading

News

iPhone 17 India Price, Features & Availability: All You Need to Know

Published

on

Startup Stories

Apple has officially launched the highly anticipated iPhone 17 series in India, with prices starting at INR 82,900 for the base 256GB model. The new lineup includes the iPhone 17, iPhone 17 Pro, iPhone 17 Pro Max, and the newly introduced ultra-slim iPhone Air. Apple has removed the 128GB storage variant, making 256GB the minimum for all models. The standard iPhone 17 features a vibrant 6.3-inch ProMotion OLED display with a 120Hz refresh rate and an upgraded Ceramic Shield 2 for improved durability. It comes in fresh color options like lavender, mist blue, sage, white, and black.

The iPhone 17 Pro and Pro Max models are powered by Apple’s latest A19 Pro chip and start at INR 1,34,900 and INR 1,49,900, respectively. These Pro models feature sleek titanium frames, significant camera upgrades including 8K video recording, and up to 6x optical zoom in the Pro Max. Meanwhile, the iPhone Air, priced from INR 1,19,900, is the slimmest and lightest iPhone ever, boasting a 6.7-inch Super Retina XDR display with ProMotion technology and a triple-camera setup, positioning itself between the standard and Pro models.

Pre-orders for the iPhone 17 series commence on September 12, with sales beginning on September 19, 2025. Alongside the launch, Apple has reduced prices for the previous iPhone 16 models while discontinuing the iPhone 16 Pro and Pro Max variants. The iPhone 17 series exemplifies Apple’s ongoing commitment to enhancing display technology, camera capabilities, and overall performance, setting a new benchmark for premium smartphones in the Indian market.

Continue Reading

Startup News

Meet the 13 Deeptech Startups Empowered by BIGShift Accelerator in India

Published

on

Bigshift

India’s deeptech ecosystem has reached a significant milestone with the launch of BIGShift, a premier accelerator programme by Inc42 and India Accelerator designed to empower early-stage startups developing breakthrough technologies. The first cohort comprises 13 innovative startups addressing complex challenges in fields such as artificial intelligence, aerospace, robotics, healthcare, and geospatial analytics. These startups benefitted from specialized capital-readiness training, strategic mentorship, and direct access to investors interested in supporting high-risk, high-reward deeptech ventures, making BIGShift a crucial platform for nurturing India’s next-generation technology leaders.

The accelerator programme uniquely combines virtual bootcamp sessions with a comprehensive two-day in-person masterclass, equipping startups with advanced go-to-market strategies, funding expertise, and a valuable network of experienced operator-mentors. Noteworthy startups from the cohort include ActionSync, focused on enterprise data unification; Polygon Geospatial, delivering AI-powered real-time spatial analytics; Purna AI, which innovates in preventive health through genetic biomarkers; Spacetaxi, pursuing reusable commercial rockets; and VertiFly, specializing in hybrid eVTOL aerial mobility solutions. This diverse group exemplifies the ingenuity and pioneering spirit of Indian deeptech entrepreneurship across multiple high-impact sectors.

BIGShift’s inaugural cohort not only accelerates technological development but also provides critical support mechanisms like pilot project matchmaking, regulatory guidance, and facilitating enterprise collaborations. As these 13 startups transition their groundbreaking solutions from the lab to the marketplace, BIGShift is poised to be a catalyst for deeptech innovation in India, helping transform scientific research into scalable, impactful businesses that will shape the country’s technological future.

Continue Reading
Advertisement

Recent Posts

Advertisement