Tata Group To Foray Into Online Grocery Market With GrocerMax Acquisition


Business conglomerate Tata Group is reportedly acquiring Gurugram-based GrocerMax to enter the online grocery space. The news comes at a time when Amazon India is in talks to acquire BigBasket to strengthen its online grocery business. As part of the deal, Tata Group will acquire the management team and technology infrastructure of GrocerMax. This would

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What Can We Learn From M&As Of Google, Apple, Facebook, Microsoft And Amazon


There are number of factors that motivate businesses to take over other businesses. These factors include innovation, integration, portfolio expansion, killing competition, talent or customer acquisition. The 5 most powerful tech companies (Microsoft, Google, Apple, Facebook and Amazon, hereinafter called the Big 5) have been at the forefront of making such acquisitions. They have strengthened

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YouTube Tops 1.5 Billion Logged-in Viewers Every Month


YouTube CEO Susan Wojcicki debuts product tweaks, including responsive video and 180-degree video formats, at VidCon. YouTube has a lot of viewers, and now the Google-owned video service is giving those viewers new views, including a way to responsively reformat videos on mobile and support for 180-degree videos. Every month, 1.5 billion people log in

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Snapdeal Files FIR Against Former GoJavas Promoters For Cheating And Forgery


Snapdeal Has Filed A FIR Against Praveen Sinha, Abhijeet Singh And Ashish Chaudhary Jasper Infotech, aka Snapdeal, has filed a FIR against the promoters of Quickdel Logistics Pvt Ltd, the parent company of the ecommerce logistics company, GoJavas. The FIR comes at a time when Flipkart is conducting due diligence on Snapdeal as part of

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Paytm Seeks RBI Licence To Set Up Money Market Fund

Paytm Bank

Paytm, after launching the Payments Bank is now trying to enter the mutual fund space. Founder Vijay Shekhar Sharma has reportedly applied to the RBI for a license to set up a money market fund. A money market fund is a type of mutual fund characterised as one with low-risk, low-return on investment. It usually

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