Coupons and cashback firm CashKaro exceeds ₹300 Cr in revenue in FY24
The reward and coupon platform CashKaro, which is supported by Ratan Tata, has crossed a major financial milestone in its...
Reliance considers merging Disney+ Hotstar and Jio Cinema into single OTT platform
According to reports, Reliance Industries Limited (RIL), a significant player in India's digital market, intends to combine its two streaming...
Flipkart starts charging ₹3 platform fee, first noticed by an X user
Flipkart, an online retailer owned by Walmart, has subtly raised its platform fee to ₹3 across the board. This trend...
Weekly Business Updates: Checkmyguest acquisition to Byju’s closing tuition centres
With a recent announcement that is expected to cause a stir in the two-wheeler business, Ola Electric electrified the Indian...
Indian Startup Funding News: Indian startups raised $395 Mn this week; from OYO to FirstCry
The week of August 12–17, 2024, saw a notable uptick in fundraising activity for the Indian startup ecosystem. Compared to...
Gurugram-based firm Ecom Express files for Rs 2,600 Cr IPO
Gurugram-based B2C e-commerce logistics provider, Ecom Express, has taken a significant step in its growth journey by filing a draft...
HSBC assigns ‘buy’ rating to Ola Electric with a target price of ₹140, suggesting 26.2% upside
Since making its stock market debut recently, Ola Electric Mobility Ltd. has experienced rapid growth, with shares rising more than...
Hospitality firm OYO acquires French startup Checkmyguest for $27.4 Mn
Leading international hotel operator OYO has revealed that it will pay $27.4 million to acquire Checkmyguest, a luxury rental home...
Pawan Munjal volunteers to take 20% salary cut, still gets over 100 Cr remuneration
Hero MotoCorp's Executive Chairman Pawan Munjal is now among the highest-paid executives in India; in FY24, his total compensation exceeded...
Troubled edtech firm Byju’s to close down 120 tuition centres
Once a leader in the Indian edtech sector, BYJU'S is currently dealing with serious financial difficulties that have compelled the...