Funding News: Fractal, Udaan, Dunzo among others bagged $1.3B in funding this week
The first week of 2022 started off on a high note, with the Indian startup ecosystem scooping in $1.3 billion...
Reliance Industries to acquire luxury hotel Mandarin Oriental in New York for $98M
Reliance Industries Ltd is putting around $100 million in Mandarin Oriental New York, a five-star hotel in midtown Manhattan, through...
IndiaTech seeks clarity on crypto tax rules in Budget 2022, writes to FM
IndiaTech, the country's tech industry association, has urged Finance Minister Smt. Nirmala Sitharaman to provide clarity on the various taxes...
Ather Energy CEO Tarun Mehta mocks Ola Electric’s True Range claims
Tarun Mehta, CEO of EV manufacturer Ather Energy, has reacted at Ola Electric, another EV maker, on Twitter, accusing the...
Microsoft CEO Satya Nadella joins Groww as investor and advisor
Satya Nadella, Chairman and CEO of Microsoft, has joined the Indian online trading platform Groww as an investor and advisor....
CCI orders probe against Google for allegedly abusing its dominance in news aggregation
India's antitrust body has ordered fresh investigations against Google for allegedly exploiting its dominant position in news aggregation. This order...
Avataar bags $45M in Series B round led by Tiger Global, Sequoia India
Avataar, a platform for AI and computer vision platform, has secured $45 million in Series B funding led by American...
Ola Electric ramps up its production to 1000 electric scooters per day
Ola Electric claims to have increased manufacturing in order to accelerate deliveries to customers as well as open a new...
Reliance Retail grabs 25.8% stake in Dunzo for $200 million
Dunzo, India’s leading quick commerce startup has raised $240 million in its latest funding round led by Reliance Retail Ventures...
Fractal Analytics turns unicorn after raising $360M from TPG Capital
Fractal Analytics, a Mumbai and San Francisco-based artificial intelligence firm, becomes the second Indian-origin startup to enter the unicorn club...