Zepto Plans $250 Mn Secondary Share Sale to Boost Indian Ownership Before 2026 IPO
Zepto, a fast commerce startup based in Bangalore, is taking risks in anticipation of its highly anticipated initial public offering...
India Scraps 6% Digital Ad Tax to Ease Trade Tensions with the U.S.
India's decision to remove its 6% equalization fee on internet ads is a major step toward reducing economic tensions with...
India Slams Samsung with $601 Mn Tax Bill Over Telecom Import Misclassification
India has ordered South Korean tech giant Samsung and its executives to pay $601 million in back taxes and penalties...
Adani Group’s Market Cap Plunges by 21% in FY25 Amid Allegations and Market Volatility
Gautam Adani's company, the Adani Group, has had a rough start to FY25 and has suffered a steep drop in...
Milind Sharma Returns to Delhivery to Lead Rapid Commerce and D2C Brands
Delhivery, India’s leading logistics and supply chain solutions provider, has welcomed back one of its founding members, Milind Sharma, as...
Meesho’s $1 Bn IPO: A Game Changer in India’s E-commerce Landscape
With support from SoftBank, Meesho, a domestic e-commerce behemoth, is getting ready to launch a huge $1 billion initial public...
Amazon Introduces ₹49 Processing Fee for Bank Discounts
Amazon has implemented a new policy that requires customers who use instant bank discounts (IBD) of ₹500 or more to...
Weekly Business Updates: From Magnum Wings’ Air Taxis to 7-10’s Acquisition by WLDD
Hero MotoCorp, the biggest two-wheeler manufacturer in India, has made a strategic investment of INR 525 crore ($60 million) for...
Weekly Startup Funding News: Indian startups raised $109 Mn this week; from Pilgrim to STAGE
After witnessing an upswing in funding for two consecutive weeks, the Indian startup ecosystem hit a rough patch from March...
Hero MotoCorp Increases EV Footprint with INR 525 Cr Investment in Euler Motors
India’s largest two-wheeler maker, Hero MotoCorp, is making a significant leap into the electric vehicle (EV) sector with a strategic...