Healthify lays off 150 employees as part of restructuring attempts
Innovation and flexibility are key components of the healthtech industry, and a Bengaluru-based business called Healthify (previously Healthifyme) is redefining...
Third Wave Coffee’s loss in FY23 increased four folds to 55 Cr, despite 356% increase in sales
Third Wave Coffee Roasters appeared as a lighthouse of artisanal coffee culture in 2017 in the bustling streets of Bengaluru,...
Report suggests xAI in talks with investors for $6 Bn funding
The business tycoon Elon Musk, well-known for his audacious forays into electric cars, brain interfaces, and space exploration, is stirring...
Timasek and Fidelity’s potential $200 Mn investment in Lenskart to increase valuation to $5 Bn
With a big investment from Temasek in Singapore and Fidelity in the United States, India's Lenskart, an eyewear store, is...
Capital Group purchases 6.24% stake worth over $330 Mn in PB Fintech
For an estimated $330 million USD, US financial services giant Capital Group has made a calculated strategic move by acquiring...
Zepto, Swiggy Instamart among other quick commerce services asked to prove ’10 minutes or less’ claim
The Indian government has taken decisive action to control the delivery times claimed by major participants in an effort to...
Shareholders show green flag to Swiggy for upcoming $1.2 Bn IPO
The gigantic food delivery company Swiggy, headquartered in Bengaluru, has recently attracted a lot of interest after receiving clearance from...
Indian microblogging platform, Koo, stops paying salaries to employees due to financial constraints
Once regarded as a possible competitor to Twitter in India, Koo is currently facing financial difficulties and personnel issues that...
Reliance JIO beats China Mobile to become world’s largest telecom operator by data traffic usage
Jio, the telecom arm of India's massive Reliance Industries Ltd (RIL), has made headlines lately by surpassing China Mobile to...
PhonePe allocated most of its investments from last year to insurance segment
In the ever-changing world of financial technology, or fintech, wise investments are crucial in determining how quickly a company can...