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Swiggy Rolls Out B2B Platform 'Assure' To Rival Zomato's Hyperpure

India, March 19 -- Swiggy has launched business-to-business platform 'Assure' to deliver kitchen supplies to restaurants. The platform will compete with Swiggy's rival Zomato's B2B supply vertical Hyp... Read More


Japan's Mitsubishi UFJ Financial Sells 2% Indirect Stake In IndiaMART

India, March 19 -- Japanese lender Mitsubishi UFJ Financial Group (MUFG) has sold 2% of its indirect stake in online B2B marketplace IndiaMART InterMESH. In a filing with the exchanges today, MUFG sa... Read More


Apple In Talks With Wipro Enterprises, Lakshmi Machine To Join India Supplier Network

India, March 19 -- Apple is reportedly in talks with Wipro Enterprises and Lakshmi Machine Works to join its growing network of Indian suppliers as the tech giant looks to strengthen its foothold in t... Read More


NPCI To Phase Out Collect Request For Merchant Payments To Curb UPI Fraud

India, March 18 -- The National Payments Corporation of India (NPCI) is reportedly planning to do away with the 'collect' request feature for merchant payments in a phased manner to curb the rise in U... Read More


[Update] Urban Company Renames Insta Maids to 'Insta Help' After Social Media Backlash

India, March 18 -- Update | March 18, 10:07 PM IPO-bound home services startup Urban Company has renamed its recently launched 15-minute maid booking service, 'Insta Maids,' to 'Insta Help.' The mov... Read More


NTT Data India To Spend $500 Mn On AI, Data Centres & Sovereign Cloud: CEO Avinash Joshi

India, March 18 -- Japanese IT and business services giant NTT Data has pledged to invest $500 Mn in India over the next year or so as part of its plans to boost data centre capabilities in the countr... Read More


MobiKwik Shares Rally 9%, Recover From 52-Week Low

India, March 18 -- Shares of fintech major MobiKwik's parent One MobiKwik Systems rallied over 9% today to reach an intraday high of INR 271.05 on the BSE, erasing the losses of the previous session. ... Read More


Zomato Faces Insolvency Plea From Uniform Supplier Nona Lifestyle

India, March 18 -- Zomato has landed in troubled waters as B2B apparel manufacturer Nona Lifestyle has moved the National Company Law Tribunal (NCLT) seeking restoration of its insolvency plea against... Read More


Ola Electric Crashes 7% To Hit All-Time Low, Stock Down Over 23% In 1 Month

India, March 17 -- Shares of Ola Electric Mobility plummeted over 7% in morning trade today to hit an all-time low at INR 46.94 apiece, dragged down by the company's disclosure that one of its subsidi... Read More


Uber Initiates Talks To Acquire BluSmart, Says Report; Startup Denies

India, March 17 -- Ride-hailing giant Uber is reportedly in early talks to acquire EV cab-hailing startup BluSmart Mobility. The development comes at a time when Gensol Engineering, a solar engineeri... Read More