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

Tim Cook: Apple Posts Record India Growth in iPhone, Mac & Services

Published

on

Apple

Apple CEO Tim Cook revealed that Apple closed the June quarter with record revenue in over two dozen markets, driven by double-digit growth in India across iPhone, Mac and Services. During April–June, iPhone sales in India jumped 13.4% year-on-year, Mac revenue rose 15%, and Services revenue climbed 13%, each marking an all-time quarterly high. Cook emphasized that “we saw iPhone growth in every geographic segment and double-digit growth in emerging markets including India, the Middle East, South Asia, and Brazil.”

India’s strategic importance extends beyond sales into Apple’s supply chain: 71% of iPhones sold in the U.S. now carry “Country of Origin: India,” up from 31% a year ago. This shift underscores Apple’s diversification strategy and its deepening manufacturing partnerships with Foxconn, Pegatron, and Tata Electronics. Cook noted that India has become a “major manufacturing base” for iPhones destined for global markets, reducing reliance on a single region and enhancing supply stability.

Looking forward, Apple plans to open new retail stores in India later this year, bolstering its direct-to-consumer presence and capitalizing on the world’s fastest-growing smartphone market. Despite incurring approximately $800 million in tariff costs during the quarter, Cook affirmed that India’s market potential and manufacturing advantages remain “key pillars of our global strategy” as Apple accelerates its expansion across the subcontinent.

Continue Reading

News

Microsoft Hits $4 Trillion Milestone Driven by AI and Cloud Growth

Published

on

Microsoft-Satyam

Microsoft vaulted past the $4 trillion market-capitalization milestone on July 31, becoming only the second U.S. company after Nvidia to reach this valuation as AI enthusiasm swept through equity markets. Shares jumped 5.3% on the back of stronger-than-expected fiscal Q4 results, with revenue climbing 18% year-over-year to $76.44 billion and net income rising 24% to $27.23 billion, while earnings per share of $3.65 beat analysts’ $3.37 consensus. 

The company’s Intelligent Cloud segment, led by Azure, delivered 39% revenue growth, pushing full-year Azure sales past $75 billion—a 34% increase—and underscoring cloud and AI as core growth drivers. CEO Satya Nadella emphasized that “Cloud and AI is the driving force of business transformation across every industry and sector,” reflecting momentum from strategic AI investments, including the partnership with OpenAI and proprietary model development. 

Microsoft’s share gains helped propel the Nasdaq Composite up 1.3% to 21,396 and the S&P 500 higher by 0.8%, with the Dow Jones Industrial Average adding 0.3%. Looking ahead, record capital expenditures of $30 billion slated for AI infrastructure and data-center expansion, combined with deep integration of generative AI across Microsoft 365 via Copilot, position the company to sustain market-cap expansion as enterprises accelerate digital transformation.

Continue Reading

Funding

Yali Capital Makes History with ₹893 Crore Deeptech Fund to Power Indian Innovation

Published

on

Yali Capital

Bangalore’s Yali Capital has closed its first deeptech-focused fund, raising a substantial ₹893 crore (about $104 million) and surpassing its initial ₹500 crore target. This major fundraising milestone highlights the growing appeal and investor confidence in India’s deeptech landscape, fueling innovation in pivotal sectors like semiconductors, artificial intelligence, robotics, aerospace, genomics, and smart manufacturing. The fund cements Yali Capital’s position as a key player driving progress in India’s burgeoning tech ecosystem.

Strategically, Yali Capital’s fund targets both early-stage (Seed, Series A) and later-stage (Series D and beyond) startups. Its diverse roster of Limited Partners (LPs) includes prominent corporations such as Infosys, Qualcomm Ventures, and Tata AIG, alongside government-backed organizations like the DPIIT Fund of Funds for Startups and the Self-Reliant India Fund. With heavyweight backers like Kris Gopalakrishnan (Infosys co-founder), Gopal Srinivasan (TVS Capital), and Utpal Sheth (RARE Enterprises), Yali Capital ensures robust strategic support. The firm’s dual structure—a SEBI-registered Alternative Investment Fund (AIF) and a GIFT City-based feeder vehicle—enables global investor participation, guided by tech luminary Lip-Bu Tan and managing partner Ganapathy Subramaniam.

Already, Yali Capital has invested in five breakthrough startups, including C2I Semiconductor, 4baseCare, and Perceptyne, focusing on chip design and AI. By devoting two-thirds of its fund to early-stage companies, Yali Capital underscores its commitment to nurturing next-generation Indian deeptech founders. This fundraising success aligns with a nationwide trend of surging investments in advanced technology and positions Yali Capital at the forefront of India’s drive toward self-reliance and global tech leadership.

Continue Reading
Advertisement

Recent Posts

Advertisement