By Dinesh Nair
The discussions are at an early stage and may not lead to a sale.
Company to expand its overseas business beyond Indonesia.
Indicates shift to banks for loans as against NBFCs who lend at a higher rate.
Further inflaming an already pitched competition for capital by startups backed by the country’s largest technology firms.
Milner has also backed Alibaba, Twitter & Xiaomi.
It plans to Valley executives as part of AI, machine learning push
SPH forms a JV with RecomN Technologies to launch Recommend.sg, an online services portal with an initial focus on event services.
This is the second infusion by Amazon in its India venture within 6 months.
It invested $2.34m in Philippines’ Autodeal and $1.2m in Vietnam’s Propzy.
Startup plans to deploy 100,000 vehicles over 3 years.