Scribd Logo
Upload

Welcome to Scribd!

  • 31 views

    Ecom&startup

    Uploaded by

    Ritu Chhipa

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Ecom&startup

    Uploaded by

    Ritu Chhipa
    31 views2 pages

    Original Title

    ecom&startup.docx

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    31 views2 pages

    Ecom&startup

    Uploaded by

    Ritu Chhipa

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Edition 1

    Week in Review
    January 27, 2020

    www.facebook.com/nmims.mantavya
    [email protected]
    STARTUPS & ECOMM
    Udemy raises $50 million at a valuation of $2 billion

    The company plans to use these funds to further invest in


    markets around the world. It will expand its San Francisco
    headquarters as well as grow its offices in Denver, Colorado;
    Dublin, Ireland; Gurgaon, India; Sao Paulo, Brazil; and Ankara,
    Turkey.
    https://bit.ly/2SSrBG2

    Droom aims to hit profit by year-end, to raise $150 million


    before IPO

    Automobile marketplace Droom on Wednesday said the


    company is confident of hitting profit by the end of this year.
    Droom clocked a gross merchandise value of USD 1.2 billion
    on its platform with a net revenue of $32 million in 2019. Its
    platform processed over 6.1 lakh orders last year.
    https://bit.ly/2SPwZKa

    Paytm Mall ventures into exports, eyes ₹500 crore GMV in 2


    years

    E-commerce platform Paytm Mall on Wednesday said it ventured into


    exports with the aim of becoming India's largest trading house for
    "Made in India" products. Owned by Paytm Ecommerce Private
    Limited, Paytm Mall has been redefining the e-commerce space in
    India with its unique offline-to-online (O2O) model.
    https://bit.ly/38RIjLr

    SaaS startup Whatfix raises $32 million led by Sequoia

    Whatfix, a startup which helps companies adopt digital


    solutions said on Wednesday that it has raised a Series-C
    round of $32 million led by Sequoia Capital India , indicating
    increased investor interest in the software-as-a-service
    (SaaS) space.
    https://bit.ly/2vWovrx

    International expansion, high opex costs contributed to FY19


    losses: OYO

    Hospitality startup Oyo Hotels and Homes reported a seven-


    fold increase in its losses for the financial year ended March
    2019 (FY19), largely due to ongoing investments in China and
    other overseas markets, the company said on Monday. Oyo’s
    consolidated net loss ballooned to around $335 million last
    year from $44 million in FY18.
    https://bit.ly/2Vc8Q1X

    You might also like