Zomato sets aside $400 million to invest in Quick Commerce
Zomato has announced that it will invest $400 million in building a strong footprint in the booming quick commerce industry...
Swiggy’s net operating revenue drops 26.5% YoY to Rs 2547 crore in FY21
Swiggy's parent company Bundl Technologies has experienced its revenue drop, posting net operating revenue of Rs 2,547 crore for the...
ShareChat, MX Media announce Moj-MX TakaTak merger in $700M deal
ShareChat's Moj and MX TakaTak have signed a deal to buy out and merge Times Internet-owned MX Takatak, driving consolidation...
Nykaa Q3 results: Profit shrinks 58% to Rs 29 crore; revenue climbs 36%
FSN E-commerce, which owns the fashion e-commerce portal Nykaa, reported a weak year-on-year (YoY) profit in Q3 of FY22. The...
Notices sent to e-commerce firms for violating various guidelines
Around 350 cases have been lodged against e-commerce firms for violating various guidelines mandated in the Legal Metrology Act of...
Tesla in India: No tax rebate for Tesla without manufacturing activity
The Union Government has bluntly refused Elon Musk's demand for import tax relief on imported Tesla electric cars. Krishan Pal...
Logistics startup Xpressbees turns unicorn with $300M Series F round
Xpressbees, a new-age logistics startup, has become the latest startup to enter the elite billion-dollar club after raising $300 million...
Sachin Bansal’s Navi Technologies converts into public firm ahead of IPO
Navi Technologies, the financial services startup founded by ex-Flipkart founder Sachin Bansal, is seeking to list on Indian stock exchanges....
Pine Labs acquires online payments startup Qfix Infocomm
Pine Labs, a fintech unicorn, has acquired Mumbai-based Qfix Infocomm, an online payments startup. While Pine Labs has not announced...
Home decor startup Livspace turns unicorn with KKR-led $180M Series F round
Livspace, a home renovation, and interior platform, has announced a $180 million Series F funding round, taking the company's valuation...