Greg Moran, CEO of Zoomcar, terminated over falling short of revenue projections
Zoomcar, a car rental firm with its headquarters in Bengaluru, has announced that co-founder Greg Moran is leaving his position...
Flipkart not letting sellers change prices of their listings, sellers cite it as anti-competitive
Over the past month, a number of Flipkart vendors have complained about not being able to adjust the prices of...
Report suggests Softbank to invest up to $20 Mn in Jeff Bezos backed Perplexity AI at $3 Bn valuation
Japanese tech giant SoftBank Group Corp's Vision Fund 2 is investing between $10 million and $20 million in U.S. search...
Jewelry brand Giva in talks to raise Rs 200 Cr from Premji Invest
Premji Invest is allegedly in talks with Bengaluru-based omnichannel jewelry manufacturer Giva to raise about Rs 200 crore. The company...
Govt probe on Byju’s finds no evidence of wrongdoing, but acknowledges compliance lapses
In a dramatic twist for India’s largest ed-tech company, Byju’s, a yearlong probe by the Ministry of Corporate Affairs has...
Week after its $665 Mn fundraise, Zepto plans to raise $400 Mn at $4.6 Bn valuation
As a sign of the quick commerce industry's explosive development and promise, Zepto, one of the industry's top players, is...
Report alleges Foxconn discriminates against married women in hiring process in India
Foxconn’s practice of excluding married women from employment at its iPhone assembly plant in southern India, as detailed by a...
Bobby Jain’s $5.3 Bn fundraise marks largest hedge fund debut since 2018
After raising $5.3 billion for his new multistrategy hedge fund, Jain Global, Bobby Jain, the former co-chief investment officer of...
Big win for Make in India as Google plans to manufacture drones in Tamil Nadu
Recently, Google representatives met with M.K. Stalin, the chief minister of Tamil Nadu, to explore the prospect of establishing a...
Report suggests X CEO Linda Yaccarino fires her right hand man under pressure from Musk
In a move signaling significant changes at social media platform X, CEO Linda Yaccarino has restructured her inner circle to...