Nazara Tech acquires 47.7% stake in PokerBaazi parent Moonshine Technology for Rs 982 Cr
Nazara Technologies intends to invest an additional ₹150 crore in Moonshine Technology through compulsory convertible preference shares, on top of...
Weekly Business Updates: From Ola Electric lock-in period end to Bigbasket revenue hike
Supermarket Grocery Supplies Private Limited’s Profitability Boost Supermarket Grocery Supplies Private Limited, the B2B part of BigBasket owned by the...
Weekly Startup Funding News: Indian startups raised over $229 Mn this week; from FlexiLoans to InMobi
This week saw a lot of action in the Indian startup scene, with 24 deals totaling more than $229 million...
Investigation reveals violation of antitrust laws by Amazon, Flipkart
The e-commerce scene in India is about to undergo a significant change. The Competition Commission of India (CCI) has concluded...
After funding from Accel, others MoneyView enters unicorn club, acquires Jify
Moneyview, a fintech company based in Bengaluru, has raised its valuation to $1.2 billion with a new investment round, which...
Delhivery alleges Ecom Express misrepresented numbers in DRHP which may misguide investors
Delhivery, a prominent unicorn in the logistics industry in India, has taken a crucial step by voicing reservations about statements...
NPCI, the administrator of UPI, made over Rs 1,100 Cr in profit in FY24
The National Payments Corporation of India (NPCI) reported a net surplus of ₹1,134.3 crore for the fiscal year 2024, a...
Uber Black takes re-entry into Indian market after 10 years
Uber has returned to the Indian market with its premium service, Uber Black, beginning in Mumbai after almost ten years...
MTNL defaults on loan repayment, banks oppose ask for loan haircut
After missing loan payments to multiple state-owned banks, state-owned Mahanagar Telephone Nigam Limited (MTNL) has found itself in a grave...
AI search Glean raises $260 Mn, doubling valuation to $4.6 Billion
Founded in 2019, Glean is an enterprise AI search company that doubled its valuation from $2.2 billion to $4.6 billion...