Weekly Business Updates: Everything from Zomato GST demand to PayPay stake sale
Paytm Realigns Strategy with PayPay Stake Sale In a major strategic move, One97 Communications, the parent company of Paytm, sold...
Weekly Startup Funding News: Indian startups raised $635 Mn this week; from CarDekho to FinX
With 25 deals raising an astounding $635.8 million, the Indian startup ecosystem has had an exciting week. As 2024 draws...
Paytm sells 5.4% stake in PayPay to Softbank for $280 Mn
One97 Communications, the parent company of Paytm, has sold a 5.4% share in Japan's digital payments network PayPay Corp. for...
Zomato faces ₹802 Cr GST demand for alleged non-payment of GST on delivery charges
One of the biggest meal delivery services in India, Zomato, is presently involved in a financial and legal battle with...
CarDekho SEA Secures $60 Mn Funding to Dominate Southeast Asia’s Auto-Finance Market
The Southeast Asian commercial affiliate of the CarDekho Group, CarDekho SEA, has raised $60 million in its first round of...
Backed by Zomato and Temasek, Shiprocket eyes ₹2,500 Cr fundraise through IPO in 2025
With an IPO scheduled for 2025, Shiprocket, India's logistics-tech unicorn, is getting ready for a significant advancement. With the support...
Indian Railways Super App: All-in-One Platform for Passengers and Businesses
Indian Railways is creating a super app to combine its services into a single, easy-to-use platform in an effort to...
Over 5,000 startups categorized as ‘closed’ by Ministry of Corporate Affairs as of December, 2024
One of the biggest startup ecosystems in the world, India has fueled economic expansion, job creation, and innovation. But just...
Culture Circle Raises $2 Mn to Scale Global Operations
Delhi NCR-based sneaker-focused platform Culture Circle is stepping into the spotlight with its latest $2 million seed funding round, led...
Investors to Offload INR 583 Cr Worth of Awfis Shares in Block Deal
Three major investors in Awfis, India’s largest flexible workspace provider, are set to offload shares worth INR 583 crore through...