Cash on delivery or CoD forms more than 60 percent of all transactions done on e-commerce portals. But given Prime Minister’s announcement of demonetizing high currency notes, sales across all online marketplaces has been hit badly. In lieu of the
Thousands of startups are founded every year in India but very few reach the coveted spot of being a unicorn. Presently, only 11 startups from the country belong to the unicorn club and are valued at over a billion dollars.
Online shopping platform ShopClues is all set to acquire mobile payments startup Momoe in a cash and stock deal. ShopClues will integrate Momoe’s payment gateway on its platform to strengthen its digital payments. Momoe, which received $1.2 million from IDG
Last quarter of 2015 registered a slump for investments in Indian startups but seems like things are back with a bang. However, much of the revelry is limited to early stage startups. Indian startups got investments worth $1.73 billion during