Amazon India puts Rs 160 crore in a wholesale business cart

Amazon India’s wholesale business has received Rs 160 crore in capital infusion, according to latest filings. In September too, Amazon Wholesale (India) Private Limited received a tranche of Rs 115 crore from the parent company. The online marketplace’s wholesale arm, which started in 2013, runs Amazon Business – a business – to – business (B2B) […]

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Uber launches app to increase fleet efficiency in India

Taxi hailing app company Uber on Tuesday announced the launch of an android application — ‘UberFleet’– for its fleet partners in the country. The company said the app is designed to improve the overall productivity for fleet owners by making the process of managing drivers more efficient and reducing their downtime. “UberFleet”allows fleet partners with driver

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Yes Bank and Ola Cabs Strike a Partnership to Set up Mobile ATMs in the Country

Yes Bank has partnered with Ola to set up mobile ATM’s and enable convenient cash withdrawals for citizens by swiping their debit cards. Customers can swipe their Debit Cards to withdraw an amount of up to Rs 2000 per card by using PoS Machines which will be available in Ola Cabs stationed near Yes Bank branches. This

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Paytm Wallet Business, Payments Bank Division to be Merged

One97 Communications, the parent company of payments platform Paytm, has announced that it plans to merge the Paytm Wallet business with its newly-incorporated Paytm Payments Bank division. Paytm’s parent company, headed by Vijay Shekhar Sharma, is waiting for the requisite RBI approvals to start operations of the Paytm Payments Bank. While ownership of the Paytm Wallet

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