Rupee Slumps to Record Low Despite GST Reforms
The Indian rupee sank to a new all-time low on Friday, closing at 88.36 against the US dollar, a 21-paise...
FirstClub Secures $23 Mn to Redefine Quick Commerce with Quality-First Retail
India’s fast-growing quick commerce sector has so far been dominated by a single factor: speed. But FirstClub Technology Pvt. Ltd.,...
GST Council Imposes 18% Tax on Delivery Fees
India’s fast-growing food delivery and quick commerce industry is bracing for fresh turbulence. The GST Council has decided to impose...
Starlink Gets Green Signal for Trial Spectrum in India
Elon Musk’s satellite internet venture, Starlink, has received provisional spectrum clearance from India’s Department of Telecommunications (DoT). This approval allows...
Seekho Raises $28 Mn to Make Learning Fun with AI-Powered Edutainment
The idea of learning is rapidly evolving in India, where entertainment and education are no longer seen as separate worlds....
PhonePe Gears Up for $1.5 Bn IPO, Aiming for $12 Bn Valuation
Walmart-backed payments giant PhonePe is finally setting the stage for its much-anticipated public market debut. According to highly placed sources,...
Swiggy’s Steepest Platform Fee Hike Yet, Now Up to Rs 15
Swiggy has once again tweaked its platform fee — this time raising it to ₹15 per order, its highest ever....
Zomato and Swiggy Hike Platform Fees Ahead of Festive Rush
Food delivery platforms are ringing in the festive season with higher platform fees. Deepinder Goyal-led Zomato has raised its fee...
House-Help in 15 Minutes: Urban Company, Snabbit and Pronto Clock Over 3 Lakh Bookings in August
In India’s ever-expanding gig economy, a fresh service category has suddenly exploded—apps offering house helpers at your doorstep within 15...
Urban Company Gets SEBI Nod for ₹1,900 Cr IPO
India’s largest home services marketplace, Urban Company, has officially secured the green light from the Securities and Exchange Board of...