In a significant development, the Goods and Services Tax (GST) Department recently conducted a raid on a subsidiary of PB Fintech, India’s leading online insurance and credit marketplace. The company,…
In a bold move to enter the competitive quick commerce sector, PhonePe, backed by Walmart, has launched Pincode, a new app offering 15-minute delivery services across six major Indian cities.…
Flipkart, one of India’s leading e-commerce platforms, is reportedly in discussions to onboard Brian Bade, the former CEO of Reliance Digital, as its Senior Vice President. This strategic move is…
Riceberg Ventures, a global early-stage venture capital firm, has made waves by launching a $20 million fund focused on deeptech startups. The fund aims to bridge the significant funding gaps…
In a significant move to bolster India’s dynamic startup ecosystem, T-Hub, the nation’s premier innovation and startup incubator, has announced a strategic partnership with the INSEAD National Alumni Association and…
Asia-focused private equity firm PAG has announced its acquisition of a majority stake in Pravesha Industries, a leading pharmaceutical packaging company in India. This deal, valued at an enterprise value…
Dunzo, the popular Indian on-demand delivery service app, has recently faced major disruptions, with both its app and website experiencing significant downtime. This comes at a time when the company…
WeWork India has successfully raised INR 500 crore through a rights issue to reduce its existing debt and continue its growth journey. The rights issue was supported by major investors…
Zepto, the Mumbai-based quick commerce startup, has secured approval from the National Company Law Tribunal (NCLT) for its merger with its Singapore-based affiliate, Kiranakart Pte Ltd. This decision allows Zepto…
In a significant development for India’s tech ecosystem, Taiwan-based MSI has announced a partnership with Syrma SGS Technology Limited, an Indian electronics systems design and manufacturing company. This collaboration focuses…