Recent Posts by Gairika Mitra

Amazon nails it yet again, this time at $1,000

Amazon creates history once again. Here’s how… Amazon, e-commerce giant hit the milestone $1000 per share on the stock market, for the first time ever in history. This move comes as a victory for the company after a 52-week low of $682.12. So far, only 14 other US stocks have traded above $1000 per share,…
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Matrix Partners invests into Loadshare Networks

Here's more news on the startup sphere... Matrix partners, a US-based private equity player disclosed about its investment into Loadshare Networks, a startup, in an announcement on Tuesday. Raghuram Talluri, co-founder and CEO, Loadshare, said, “We see a big upcoming change in the Logistics sector over the coming decade and at the heart of this…
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DIPP seeks fresh infusion of startup funds

In a move to invest into more innovative startups, Department of Industrial Policy and Promotions ( DIPP ), which manages government FoF, seeks a fresh infusion of Rs 1600 crore into its kitty. This could meet supplementary demand for grants. “Considering the fund has to be spent over the next nine years, per year, the…
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Who gets the ‘GeM’? Flipkart or Amazon?

Flipkart and Amazon strongly compete over GeM now. Catch the latest update... Bigwigs in the e-commerce business, Flipkart and Amazon, are eyeing to tap into the government’s biggest buying platform from the country, for purchases. Sources have revealed that both these companies are interested to avail the managed service provider(MSP), against a request for proposal…
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Startup India Summit begins in UAE on Tuesday

More to share on the startup tale. Have a quick look... In a historic move, the Consulate General of India (CGI) holds its first two-day ‘Startup Summit’ in the UAE on Tuesday. The event is organised by CGI in partnership with iSPIRIT, a non-profit organisation, supported by TiE, Dubai. It aims to provide a transparency…
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