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Govt To Create $1 Bn Fund For Creator Economy: Ashwini Vaishnaw

India, March 15 -- The Centre is set to launch a $1 Bn fund to give a boost to the creator economy, union information and broadcasting minister Ashwini Vaishnaw said. Addressing a press briefing on t... Read More


ONDC CBO Shireesh Joshi Steps Down

India, March 13 -- Shireesh Joshi has stepped down from his role of chief business officer of the Open Network for Digital Commerce (ONDC) after a three-and-half year stint at the ecommerce network. ... Read More


Urban Company Jumps On The Quick Commerce Bandwagon With 'Insta Maids'

India, March 13 -- IPO-bound home services startup Urban Company has jumped on the quick commerce bandwagon with the launch of a 15-minute maid booking service dubbed 'Insta Maids'. With this, Urban ... Read More


Exclusive: Fintech Unicorn InCred Finance Raises $30 Mn Debt

India, March 13 -- Fintech unicorn Incred Finance has secured a debt of INR 258 Cr (around $30 Mn) from a clutch of investors, led by wealth and asset management firm Neo Group, in multiple tranches s... Read More


PB Fintech Crashes 10% In 2 Sessions

India, March 13 -- Extending its losses to the second session, shares of PB Fintech crashed over 5% to hit an intraday low of INR 1,322 apiece on the BSE today. The stock fell over 4% yesterday as we... Read More


PB Fintech Extends Losses, Tumbles Nearly 10% In 2 Sessions

India, March 13 -- Extending its losses to the second session, shares of PB Fintech crashed over 5% to hit an intraday low of INR 1,322 apiece on the BSE today. The stock fell over 4% yesterday as we... Read More


PB Fintech, Founders To Infuse INR 829 Cr In Healthcare Arm

India, March 12 -- Listed insurtech company PB Fintech has received approval from its board to invest INR 696 Cr (around $80 Mn) in its wholly owned subsidiary PB Healthcare Services Pvt Ltd. The Pol... Read More


After Airtel, Jio Inks Deal With SpaceX To Offer Starlink's Internet Services

India, March 12 -- Following in the footsteps of Bharti Airtel, Reliance Industries Ltd (RIL's) subsidiary Jio Platforms has joined hands with SpaceX, an aerospace company led by billionaire Elon Musk... Read More


OYO To Clock INR 1,550 Cr EBITDA In FY25: Ritesh Agarwal

India, March 12 -- Hospitality giant OYO is on track to clock an EBITDA of INR 1,550 Cr in the ongoing fiscal year (FY25), helped by its recent acquisition of US-based G6 Hospitality, founder Ritesh A... Read More


Ola Electric Says Cost-Cutting Initiatives Helping Save INR 90 Cr Per Month

India, March 12 -- Bhavish Aggarwal-led Ola Electric has said that its cost-cutting initiatives are helping it reduce the cash burn by INR 90 Cr per month. In a statement, the company said that it ha... Read More