The loss incurred in Q1 FY2019 is more than 5x of $314K loss recorded in Q4 FY2018

Infibeam further registered a 26% increase in revenues, thereby earning $13 Mn (INR 91.3 Cr) in Q1 FY2019

the company showcased a net profit of INR 127.2 Mn for the corresponding quarter last year (Q1 FY2018)

EazyDiner, backed by cricketer Yuvraj Singh, was valued at $39.99 Mn (INR 280 Cr)

EazyDiner will use a large part of the new funding to expand its presence and to improve its loyalty programme, EazyDiner Prime

John Price, chairman of Mars Pension Trustee, the UK-based pension fund of the US-based food giant Mars, will be joining Eazy-Diner’s board

Uber is placing big bets with Uber Eats, Express Pool, e-bikes, and scooters in India

Uber’s exit from other markets has enabled the company to focus on its execution and investment in regions where it believes it can win

The company has identified long-term growth opportunities for Rides and Eats in India and Middle East Africa

The selected startups will pitch to a panel of leaders from Google for Entrepreneurs, Sequoia Capital China, and Venturra Capital

The startups will receive funding from investors and up to $100K credits on Google cloud for startups programme

Bengaluru-based SigTuple has been selected from India, among the 10 startups

CarDekho plans to come up with "best-in-class" video content as a visual treat and decision-enabler for its stakeholders

PowerDrift believes the acquisition by CarDekho will enable it to create more exciting content and to offer great value to its viewers

PowerDrift provides automotive content on its Youtube channel and claims to record more than 10 Mn monthly views

&ME will use the funds for R&D in Ayurveda to come up with products that address women's health problems

The startup is also looking to expand its reach beyond Bengaluru

It plans to spread awareness among women on self-care through nutrition and Ayurveda as well

Patanjali Ayurved’s managing director Acharya Balkrishna said: "Kimbho app is now ready with new and advanced features”

Patanjali spokesperson S K Tijarawala said the app will be launched after fixing the "shortcomings"

The company had launched Kimbho app on May 30 and pulled it down on June 1 due to security issues

Niti Aayog CEO Amitabh Kant talks about having only one agency and not ministries or agencies to deal with ecommerce

He stressed on an ecommerce policy that ensures consumer protection

Ecommerce has the potential to generate a vast number of new jobs in the economy, says Kant

Paytm Ecommerce, which runs Paytm Mall, registered $3.5 Bn in gross sales in June 2018

The company is intensifying its efforts to garner a bigger slice of India’s online retail market

It expects unit orders to jump to 1-1.5 Mn per day by March 2019