Startups mop up $7 bn from PEs, VCs in 2018

MUMBAI, Mar 8 (PTI) E-commerce and consumer Internet companies have raised over USD 7 billion in private equity and venture capital funds in 2018, says a report. Of the total investment, startups such as Oyo, Swiggy, Byjus, Paytm Mall, Pine Labs, Zomato, Udaan, Policybazaar and Curefit collectively raised the lions share of USD 4.6 billion in 2018, says an EY... Continue Reading →

Online car orders are taking off in Russia

Russian BMW aficionados can now pre-order online the brand’s new flagship BMW X7 – a model which will be made available at dealers only next spring. Buyers may go online to specify the desired type and features of the car, choose the nearest dealer, and pre-pay 150,000 rubles (a little less than $2,300 at the current exchange... Continue Reading →

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