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Digantara, a pioneering spacetech startup focused on space situational awareness (SSA), recently inaugurated its global headquarters in Bengaluru, India. This state-of-the-art facility marks a signifi...

In a move that has many foodies salivating, popular quick-service momo chain Wow! Momo has secured an additional $9 million in funding, extending their Series D round. This latest investment comes fro...

Zetwerk, a leading unicorn in the manufacturing sector, has announced a major ₹1,000 crore investment to solidify its position in India's burgeoning electronics manufacturing industry. This strategic ...

Social media giant Meta is testing the waters of generative AI with a pilot program in India. Their "Meta AI" chatbot, powered by the LLaMA large language model, is currently being offered to a limite...

Amidst ongoing turmoil at his previous venture BharatPe, Ashneer Grover, in collaboration with Aseem Ghavri, is set to embark on a new journey in the fintech sector with the launch of ZeroPe. This mar...

Dehaat, a prominent B2B agritech platform, has entered the consumer packaged goods (CPG) market with its new brand "Honest Farms." This move reflects a growing trend among venture capital-backed agrit...

Ride-hailing platform Namma Yatri is making a strategic move in Bengaluru, its largest market, by launching cab services alongside their existing auto-rickshaw offerings. This expansion disrupts the r...

Reliance Retail's Tira Beauty, a leading player in the Indian online beauty space, has announced its expansion with the launch of its first in-house brand, "Tira Tools." This strategic move caters to ...

AutoNxt Automation, a Mumbai-based startup pioneering electric and self-driving tractors, has secured $3 million (around INR 24 Cr) in a Pre-Series A funding round. This significant investment paves t...

Postman, the leading API collaboration platform, has announced the acquisition of Orbit, a community management tool used by software developers. This strategic move strengthens Postman's position by ...

Flipkart Internet, the online marketplace arm of Walmart-backed Flipkart, has secured an additional $170 million (INR 1,421 Cr) in funding from its Singapore-based parent entity. This marks the second...

Ride-hailing giants Ola and Uber are making a strategic shift in India, adopting a subscription-based model for auto-rickshaw drivers. This move mirrors the approach of competitors like Namma Yatri an...

Info Edge, a prominent player in India's online services sector, witnessed a remarkable surge in its stock value, reaching a 52-week high of INR 6,234.95 during intraday trading on the Bombay Stock Ex...

Flipkart, the leading e-commerce giant in India, has expanded its travel offerings with the launch of bus booking services on its app. This move marks a significant step for Flipkart as it strives to ...

Byju's-owned Aakash Institute has recently announced the appointment of Deepak Mehrotra as its Managing Director and Chief Executive Officer. With over 35 years of extensive experience in various exec...

The National Company Law Appellate Tribunal (NCLAT) has issued a reprieve for Dream11, India's leading fantasy sports platform. The tribunal has directed the interim resolution professional (IRP) to m...

E-commerce giant Amazon has taken a significant step towards capturing a larger share of the Indian market with the launch of its new vertical, "Amazon Bazaar." This initiative marks Amazon's foray in...

One97 Communications, the parent company of digital payments giant Paytm, announced a grant of stock options and equity shares to its employees on Friday. This move aims to incentivize and reward empl...

The battle to attract electric vehicle (EV) giant Tesla to India intensifies as the Telangana government throws its hat in the ring. Industries Minister D Sridhar Babu recently announced ongoing discu...

Electric vehicle (EV) giant Tesla is accelerating its foray into the Indian market. According to Reuters, Tesla has reportedly begun producing right-hand drive (RHD) cars at its factory in Germany, sp...

Mumbai, April 3, 2024 – A new venture capital fund dedicated to fostering innovation in the Indian sports and gaming industry has arrived. Mumbai-based Centre Court Capital (CCC) has unveiled its maid...

Mumbai, April 3, 2024 – In a significant move within the Indian fintech space, Kunal Kashyap, the former Head of Risk at Cred, has departed to join rival firm Slice. This news comes as Slice prepares ...

New Delhi, April 3, 2024 – Zomato, India's leading food delivery platform, has been hit with a significant tax demand from the Indian government. The company received a service tax demand and penalty ...

Finance Minister Nirmala Sitharaman addressed the launch of Swiggy's "She the Change" initiative, emphasizing the increasing participation of women in Indian businesses. Here are the key takeaways:Wom...

India is taking a significant stride towards a greener future with the launch of the INR 500 Crore Electric Mobility Promotion Scheme 2024 (EMPS 2024). This new scheme, effective from April 1st, 2024,...

Food delivery giant Zomato finds itself entangled in another tax dispute. The company recently received a demand notice of Rs 23 crore from the Karnataka commercial taxes authority for availing excess...

The Government e Marketplace (GeM), India's online platform for public procurement, has achieved remarkable success, doubling its Gross Merchandise Value (GMV) to a staggering ₹4 lakh crore in FY23-24...

Bengaluru, India: Unicommerce, a leading SaaS platform for e-commerce enablement, has announced the launch of UniGPT, its generative AI platform designed to assist businesses in navigating the complex...

Bengaluru, India: Early-stage venture capital firm Chiratae Ventures has reportedly sold stakes in some of its portfolio companies to private equity firm Madison India Capital for $70 million in a sec...

In a significant leadership transition, Microsoft Corporation has appointed Pavan Davuluri to head its Windows and Surface divisions. This article explores the implications of Davuluri's appointment a...

Mumbai, India – Infibeam Avenues, a leading Indian fintech company, is set to see increased investor focus today (March 27th) due to its UAE-based subsidiary, Avenues World FZ-LLC, seeking $25 millio...

Bengaluru, India – SaaS-based cybersecurity firm TAC Security, backed by prominent investor Vijay Kedia, is inching closer to its initial public offering (IPO) after garnering INR 8.55 crore through...

Mumbai, India – In a significant development for India's online pharmacy giant PharmEasy, the Competition Commission of India (CCI) has approved a proposal for investment from the family office of Ma...

The landscape of online payments in India is witnessing a surge in activity with several prominent players receiving the coveted payment aggregator (PA) license from the Reserve Bank of India (RBI). T...

Silicon Valley veterans Ruchi Sanghvi and Aditya Agarwal, known for their impressive careers at Facebook and Dropbox respectively, are shaking things up in the world of early-stage tech ventures. Thei...

Mumbai's burgeoning technology scene is poised for a significant leap forward with the Tech Entrepreneurs Association of Mumbai (TEAM) taking center stage. This recently formed collective of leading t...

The Reserve Bank of India's (RBI) green light for an interoperable payment system for net banking marks a significant leap in India's digital payments journey. This groundbreaking initiative, spearhea...

The Indian Premier League (IPL) 2024 kicked off with a bang, not just on the field but also online. Reliance-backed JioCinema, the official streaming platform for the tournament, witnessed a record-br...

E-commerce giant Myntra has secured a major win, bagging the franchise rights for NEXT, the UK's leading fashion brand. This strategic partnership marks a significant expansion for NEXT in Asia and un...

Maruti Suzuki India, India's leading car manufacturer, is making a strategic move towards the future by acquiring a 6.44% stake in Amlgo Labs, an artificial intelligence (AI) and machine learning (ML)...

Fantasy Gaming Giant Sees Surge in Users and RevenueThe much-awaited 17th edition of the Indian Premier League (IPL) kicked off on Friday, March 22nd, bringing with it a wave of excitement not just fo...

Former U.S. President Donald Trump's foray into the social media sphere has taken a significant leap forward, with investors greenlighting a merger worth approximately $5.7 billion. This move catapult...

Hold on tight car enthusiasts, because Spinny, the used-car marketplace backed by cricketing legend Sachin Tendulkar, is making a power move! They've just revved up their employee motivation engine b...

Zomato CEO Deepinder Goyal's recent wedding to Mexico-born model-turned-entrepreneur Grecia Munoz has set the internet abuzz. The union of these two individuals from diverse backgrounds has captured t...

Zomato's attempt to cater to vegetarian customers with a "pure veg" delivery mode backfired spectacularly. The plan, which involved a separate green-clad delivery fleet for vegetarian orders, sparked ...

Bengaluru, India - March 21, 2024 - In a move designed to address the ever-growing tech skill gap, SAP Labs India has announced the expansion of its Code Unnati initiative into Telangana. This expansi...

In a significant setback for startups, the Competition Commission of India (CCI) has dismissed interim relief applications aimed at restraining Google from imposing fees or commissions on developers u...

In a groundbreaking move, the Uttar Pradesh Police is gearing up to revolutionize criminal investigations through the adoption of cutting-edge Artificial Intelligence (AI) technology. Teaming up with ...

Unlocking India's Entrepreneurial Potential: PM Modi's Vision at Startup MahakumbhPrime Minister Narendra Modi commended India's youth for their entrepreneurial zeal, emphasizing the unprecedented gro...

The data landscape is undergoing a significant transformation, with data-driven decision making becoming paramount for businesses of all sizes. In this dynamic environment, Atlan, a leading data intel...

A Revolution on Indian RoadsThe Indian transportation landscape is poised for a significant transformation. Bengaluru-based Minus Zero, a pioneering autonomous driving technology startup, has joined f...

SoftBank India has recently promoted Sarthak Misra, former investment director, to the esteemed position of partner. This significant development underscores SoftBank's commitment to nurturing talent ...

Zomato, the leading Indian foodtech giant, has made a strategic move to cater to the country's large vegetarian population with the launch of a "Pure Veg Fleet" and "Pure Veg Mode." This article delve...

DroneAcharya Aerial Innovations, a rising star in India's drone industry, has secured a crucial contract to supply IT hardware for the Indian Army's drone lab in Jammu and Kashmir. This significant de...

A Mumbai consumer court has ruled in favor of a customer who experienced "mental harassment" after Flipkart, a leading Indian e-commerce platform, unilaterally cancelled his iPhone order. The court fo...

uspay, a leading Indian payment solutions provider, has reported impressive financial results for FY23, reflecting the surge in digital payments adoption across the country. The company's revenue skyr...

NR Narayana Murthy, the co-founder of Infosys, recently made headlines by gifting 15,00,000 shares of Infosys stock, valued at over Rs 240 crore, to his four-month-old grandson, Ekagrah Rohan Murty. T...

Cedar Capital Raises Capital for Fintech InnovationCedar Capital, a collaborative venture between Cedar Consulting and IBS Intelligence, has achieved a significant milestone with the first close of it...

The Adani Group, a leading Indian conglomerate, is set for a significant investment push in the upcoming financial year (FY) 2024-25. According to news agency PTI, the group plans to strategically all...

Online food delivery giant Zomato has received a setback in the form of a Goods and Services Tax (GST) demand notice from the Gujarat government. This development comes amidst a recent share sale by A...

Rising Smile, Pinching Bottom LineHealthtech startup makeO, the company behind the popular toothsi clear aligner brand, saw its net loss widen in FY23 despite experiencing impressive revenue growth. W...

One97 Communications, the parent company of Paytm, witnessed a stock price surge of 5% on Friday, reaching Rs 370.90 on the BSE. This positive movement comes after the National Payments Corporation of...

Edtech giant BYJU'S woes continue to mount as a US insolvency court issued a warrant for the arrest of a hedge fund manager allegedly involved in hiding $533 million from the company's lenders. This d...

Paytm's parent company, One 97 Communications, is reportedly in talks with major banks like SBI, Yes Bank, Axis Bank, and HDFC Bank to secure its UPI future. This move comes as Paytm seeks a crucial t...

In a move offering some relief to fintech giant Paytm, the Reserve Bank of India (RBI) has extended the deadline for restrictions imposed on its payments bank subsidiary. The new deadline for Paytm Pa...

Airtel Payments Bank, a prominent player in India's fintech landscape, has reinforced its leadership team with the appointment of Anuj Bansal as Chief Financial Officer (CFO). Bansal brings with him o...

Former Managing Director of BharatPe, Ashneer Grover, has intensified his battle against the fintech giant, directing fresh allegations towards its board chairman, Rajnish Kumar. In a recent developme...

Viacom18, a Reliance-owned media conglomerate, has undergone a significant leadership reshuffle in preparation for its upcoming $8.5 billion merger with Disney's India unit.Kevin Vaz Takes the Reins o...

The Indian e-commerce landscape is heating up, especially in the online grocery segment. To combat the rising popularity of quick commerce players like Blinkit and Zepto, established giants BigBasket ...

India's ambitious semiconductor mission is set for a significant shift in focus, prioritizing the development of a robust chip design ecosystem. This strategic move, announced by Union Minister of Ele...

Walt Disney Company CEO Bob Iger has expressed his strong support for the recently announced merger of Disney's India arm with Reliance Industries' media business. Speaking at a Morgan Stanley investo...

Peak XV Partners, previously known as Sequoia Capital India, and Tiger Global are among the prominent investors engaged in discussions to acquire a stake in Meesho, a SoftBank-backed ecommerce firm, a...

Food delivery giant Swiggy has seen its valuation surge to $12.1 billion, marking a significant vote of confidence from investors. This is a 13% increase from the $10.7 billion valuation it secured du...

Ashneer Grover, former managing director of BharatPe, has raised serious concerns over the fintech company's shareholding practices, prompting him to write to the Reserve Bank of India (RBI) seeking a...

In a decision with potential implications for online advertising practices, the Supreme Court of India has dismissed a trademark infringement claim filed by travel booking platform MakeMyTrip against ...

The National Payments Corporation of India (NPCI) and the Indian Institute of Science (IISc) in Bangalore have announced a significant collaboration to accelerate advancements in blockchain and Artifi...

A strong aversion to transaction fees among UPI users in India. The survey found that only 23% of respondents are willing to bear any charges associated with UPI payments, while a staggering 73% woul...

In a recent development highlighting ongoing concerns within the Indian fintech sector, the Financial Intelligence Unit-India (FIU-IND) has imposed a hefty penalty of ₹5.49 crore on Paytm Payments Ban...

Cardiotrack, a healthcare screening company based in Bengaluru, secured $2 million in pre-Series A funding to expand its services to more health and life insurance providers. The company offers teleme...

Edtech giant Byju's, facing a US court hearing regarding the whereabouts of $533 million in funds, claims the money remains beneficially owned by a US subsidiary. This statement comes amidst reports o...

India's quick commerce space is heating up as leading platforms like Zomato-owned Blinkit and Mumbai-based unicorn Zepto are rapidly expanding their offerings beyond groceries and essentials. This mov...

1. BYJU'S, India's leading edtech company, has seen its valuation drastically reduced by Macquarie Capital, an investor in the firm. This follows accusations from a Swiss bank that Macquarie Capital w...

Honasa Consumer, the parent company of popular personal care brand Mamaearth, witnessed a stellar rise in its share price today, jumping nearly 10% to a high of Rs 475 on the NSE. This surge comes aft...

📌 Paytm founder Vijay Shekhar Sharma considered resigning and removing "Paytm" from the Payments Bank due to mounting regulatory pressure from the RBI.📌  Discussions arose after RBI inquiries regar...

Ola Electric, the ride-hailing giant turned electric vehicle (EV) maker, is making waves in the Indian market with a slew of announcements targeting wider adoption and customer concerns. Here's a brea...

Paytm, the Indian fintech giant, is reeling under a double blow after the Reserve Bank of India (RBI) imposed strict restrictions on its payments bank and lending business. This regulatory action has ...

Mumbai-based epharmacy giant PharmEasy crossed the INR 6,000 crore revenue mark in FY23, witnessing a 16% growth year-on-year. However, a hefty impairment loss led to a surge in net loss, highlighting...

In a move that shook the Indian fintech landscape, Singapore's sovereign wealth fund Temasek Holdings divested its entire 5.42% stake in PB Fintech, the parent company of online insurance aggregator P...

News and entertainment media-tech startup Asianxt Digital Technologies is making a bold move into the social media arena with a unique offering – an AI-powered short-form video app. This move comes as...

In a major blow to financial technology giant Paytm, the Reserve Bank of India (RBI) has taken strict action against its payments bank arm, Paytm Payments Bank (PPB). Through a notification issued on ...

SoftBank-backed ecommerce platform Meesho is set to diversify its offerings in the next financial year, venturing into financial services and scaling its grocery delivery business. This move mirrors e...

India's once-booming edtech ecosystem, hit hard by funding slowdown and profitability concerns, pins its hopes on the upcoming interim Budget 2024 for a much-needed shot in the arm. While acknowledgin...

The Union Budget for FY24, anticipation within the Indian startup ecosystem is at fever pitch. This year's budget holds immense significance for the country's burgeoning entrepreneurial landscape, cu...

The ongoing turbulence in the Indian equities market, fueled by foreign institutional investor (FII) pullout and anticipation of the US Fed's next move, sent tremors through the new-age tech sector on...

📌 Gaming startups want tax clarity in Budget 2024 amidst strict regulations. They're grappling with the current blanket 28% GST and need a distinction between games of skill and chance.📌 Skill build...

⚫ The India Electronics & Semiconductor Association (IESA) has presented a plea to the Indian government, urging them to refrain from imposing customs duties on electronic transmissions.⚫ Electronic t...

🎯 Ola is expanding its electric bike taxi service to Delhi and Hyderabad, with plans to scale up the offering across India by the end of the year. This is a significant move for Ola, as it could help...

🎯 Flipkart co-founder Binny Bansal has reportedly resigned from the company board following the launch of his new venture, OppDoor, in the ecommerce sector. The resignation was communicated to the ...

Oyo Hotels & Homes, the once-high-flying Indian hotel-booking platform, is looking to Malaysian wealth giant Khazanah Nasional Berhad for a $400 million cash injection, aiming to fuel expansion and ch...

Byju's, the Indian education giant once valued at $22 billion, is desperately seeking a financial lifeline. The company is in talks with existing investors to raise over $100 million at a staggering d...

Lightspeed Venture Partners, a renowned venture capital firm that has supported prominent startups like ShareChat, Oyo, and Udaan, is reinforcing its presence in India and Southeast Asia by welcoming ...

Cars24, the Delhi NCR-based used car marketplace, has driven its growth engine in FY23, achieving a 16% surge in consolidated operating revenue to $930.3 million, up from $799 million in FY22. This im...

Cohere, a Toronto-based startup developing artificial intelligence for businesses, is in talks with investors to raise between $500 million and $1 billion in new funding, according to a person familia...

In a major sign of confidence in India's booming economy, a leading US investment firm has committed to pouring a staggering USD 50 billion into the country over the next decade. This massive announce...

The Indian government has hinted at further action against offshore cryptocurrency platforms like Binance, potentially culminating in a complete ban on their Indian operations if found guilty of viola...

Beauty and fashion giant Nykaa's Q3 FY24 performance painted a mixed picture, with its burgeoning fashion vertical stealing the show while the core beauty and personal care segment remained tepid. Des...

PhonePe, the leading digital payments platform, has appointed Ritesh Pai as the CEO of its International Payments business, marking a strategic move for global expansion. Ritesh Pai, former President-...

Electric vehicle (EV) giant Tesla is set to electrify the Indian market with its first manufacturing plant, likely to be established in Gujarat. After months of negotiations and anticipation, the fina...

India's fintech star, BharatPe, has embarked on a remarkable journey of financial rehabilitation, recording a stellar performance in FY23. The company posted an impressive 182% YoY increase in standal...

PhonePe, a leading Indian fintech platform, has achieved a staggering total payment value (TPV) of $1.3 trillion, placing it alongside the biggest fintech players in the US market. This impressive mil...

Zerodha, the Bengaluru-based discount brokerage platform, continues its impressive growth trajectory with a 37% increase in net profit for FY23, reaching a staggering INR 2,908.9 crore. This significa...

BookMyShow, India's leading online entertainment ticketing platform, has made a remarkable turnaround, swinging to a net profit of Rs 85.72 crore in FY23 from a year-earlier loss of Rs 92.2 crore. Thi...

UPI processed 11.24 billion transactions in November, worth a staggering Rs. 17.40 lakh crore (Rs. 17.40 trillion).Despite a minor dip in transaction volume compared to October's 11.41 billion, the ov...

UpGrad, a leading online higher education company in India, has recorded impressive revenue growth in FY23, but its losses have also widened significantly. The company's revenue surged by 96% to INR 1...

PhiCommerce raises $10 million in a funding round led by BEENEXTThe company plans to expand its product offerings and broaden its customer basePhiCommerce's PayPhi solution enables businesses to seaml...

BharatPe achieves EBITDA positivity in October 2023BharatPe's annualised revenue in October 2023 crossed Rs 1,500 crore, a growth of 31% from FY23.In the month of October alone, facilitated loans exce...

True North Ventures, a leading private equity firm, has announced its foray into the private credit landscape. The firm has successfully raised Rs 1,000 crore for its maiden private credit fund, marki...

CarDekho Group has introduced its digital lending platform, Rupyy, with the aim of ensuring convenient and cost-effective access to loans for both new and used cars, two-wheelers, and electric vehicle...

In a significant development for the Indian fintech landscape, Kiwi, a credit card management platform, has successfully raised $13 million in its Series A funding round. The round was led by Omidyar ...

Women Role Models: Catalysts for Gender Equality in India's PE/VC EcosystemThe private equity (PE) and venture capital (VC) industry in India has emerged as a powerful engine of economic growth, foste...

Black Friday Online Shopping Surges, Reaching Record Highs Despite Economic ChallengesIn a testament to the resilience of consumer spending, Black Friday online sales reached a staggering $9.8 billion...

In the dynamic realm of fintech, Jupiter Neobank has emerged as a formidable player, garnering attention for its innovative approach to banking and its rapid user acquisition. However, beneath the sur...

In a significant development that could have far-reaching implications for the food delivery industry, India's Directorate General of GST Intelligence (DGGI) has issued demand notices to two of the co...

In the realm of electric vehicles (EVs), Tesla stands as a pioneer, revolutionizing the way we perceive and experience sustainable mobility. The company's sleek, high-performance EVs have captivated t...