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Weekly Business News: Everything from Starlink’s India entry to Ecom Express Acquisition

by Ishaan Negi
June 21, 2025
in Business, Markets, News, Tech, Trending, World
Reading Time: 3 mins read
0
Weekly Business News: Top business updates in this week

Credits: Dreamstime.com

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India’s rapidly evolving business and tech landscape is witnessing a week of dramatic turns—from legal battles and leadership pivots to billion-dollar investments and policy wins. From baby brands to bike taxis and brewing giants to broadband revolutions, here’s a roundup of six pivotal developments shaping India’s future.

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GlobalBees Faces Insolvency Heat

In a surprising blow to one of India’s top consumer brand aggregators, an insolvency petition has been filed against GlobalBees Brands, a significant subsidiary of Brainbees Solutions, the parent company of FirstCry. The case reportedly stems from unpaid dues amounting to nearly ₹65 crore, exposing simmering financial pressures behind the scenes. As legal proceedings unfold, the situation raises questions about the scalability and sustainability of India’s Thrasio-style brand aggregators, especially in an environment of tighter funding and economic uncertainty.

Credits: Inc 42

From Ola to Operating Rooms: Varun Dubey’s Bold Pivot

In a move that’s turning heads across the startup ecosystem, former Ola CMO Varun Dubey has launched a new-age hospital venture, Superhealth Hospitals Pvt Ltd. Registered in Bengaluru, the startup is currently in stealth mode and gearing up for its first fundraise of ₹12–13 crore from early-stage VC firm Sparrow Capital. Dubey’s mission? To challenge India’s outdated hospital model and introduce patient-first healthcare solutions. His journey from tech marketing to medical infrastructure reflects a rising trend of cross-sector innovation among India’s top startup talent.

Credits: Snackfax

Heineken Bets Big on India’s Digital Backbone

Dutch brewing behemoth Heineken N.V. is setting up its first Asia-Pacific Global Capability Centre (GCC) in Hyderabad, with an investment of ₹2,500–3,000 crore. But this is more than a tech expansion—it’s a strategic signal. The move reinforces India’s evolution from a back-office hub to a central player in global digital transformation. The GCC will focus on technology, analytics, and innovation, creating thousands of skilled jobs while boosting India’s reputation as a digital powerhouse. This aligns perfectly with the government’s push to make India a global innovation destination.

Credits: Ascendants

Starlink Cleared for Lift-Off in India

In a landmark regulatory move, the Indian government has officially granted Starlink, SpaceX’s satellite internet venture, a license to operate in India. The announcement came after a high-level meeting between SpaceX COO Gwynne Shotwell and Indian officials. With traditional broadband struggling to reach India’s vast rural population, satellite connectivity is being hailed as a game-changer. Starlink’s entry could help bridge the digital divide, powering Prime Minister Narendra Modi’s Digital India mission with high-speed internet in previously unserved regions.

Credits: Tfi Post

Mumbai Police Crack Down on Bike Taxi Giants

In a high-voltage confrontation, Rapido and Uber have been hit with criminal cases by the Mumbai Police for allegedly operating bike taxis without proper licenses. The charges include cheating and unauthorized operations, filed at Azad Maidan Police Station after an undercover sting by an RTO inspector. The move marks a sharp escalation in the long-standing tussle between regulators and app-based mobility platforms. As cities grapple with how to regulate tech-led transport, this clash may set the tone for how ride-hailing businesses are governed across the country.

Credits: Inc 42

Delhivery Gets Green Light to Acquire Ecom Express

The Competition Commission of India (CCI) has cleared Delhivery’s ₹1,407 crore acquisition of a majority stake in Ecom Express, signaling a significant consolidation in the e-commerce logistics sector. With this deal, Delhivery is expected to boost its warehousing, last-mile delivery, and data-driven logistics capabilities. The acquisition will help the company sharpen operational efficiency and scale its pan-India logistics network amid fierce competition from the likes of Amazon, Flipkart, and Shadowfax.

Credits: Logistics Outlook

Conclusion: A Week of Disruption and Opportunity

This week illustrates the dynamism—and volatility—of India’s innovation landscape. From entrepreneurial reinventions and global investments to regulatory showdowns and infrastructure pivots, each development reflects a nation in flux. While challenges remain, India’s diverse ecosystem continues to attract bold bets, both from within and abroad.

Tags: #Varun_DubeyDelhiveryGlobalBeesHeinekenOLAStarlink
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Ishaan Negi

Ishaan is a student at Sri Venkateswara College, University of Delhi, where he combines his academic pursuits with a deep passion for technology and storytelling. Ever since his school days, Ishaan has been an avid reader, a thoughtful writer, and an articulate speaker. These interests have naturally evolved into a strong inclination towards journalism, especially in the fast-paced world of tech. Known for his balanced approach, Ishaan is committed to presenting unbiased viewpoints and ensuring every story he tells is rooted in facts and multiple perspectives. Whether he’s reporting on emerging startups, corporate developments, or ethical issues in the tech space, he brings a sharp analytical lens and a curiosity-driven mindset to his work. With a strong foundation in research and communication, Ishaan strives to make complex topics accessible to readers while maintaining depth and nuance. His goal is not just to inform but also to spark thoughtful conversations around the ever-evolving tech landscape.

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