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Thrasio-Style 10Club Moves NCLT To Initiate Insolvency Proceedings

India, May 8 -- 10Club is winding down its operations soon as the Thrasio-style startup has initiated insolvency proceedings before the national company law tribunal (NCLT). As per an MCA filing asse... Read More


D2C Brand Troovy Raises INR 20 Cr To Bolster Its Quick Commerce Play

India, May 7 -- Kids-focussed D2C snacking brand Troovy has raised INR 20 Cr (around $2.3 Mn) in its pre-Series A funding round led by Fireside Ventures. The round also saw participation from Sharrp V... Read More


Sarvam Unveils New Speech AI Model With 11 Indian Languages Support

India, May 7 -- GenAI startup Sarvam AI, recently selected by the Centre to build India's first homegrown LLM, has unveiled a new speech AI model that supports 11 Indian languages, including Punjabi, ... Read More


Bira Parent Delays Interest Payouts To Debt Investments Made Via KredX: Report

India, May 7 -- B9 Beverages Ltd, which owns craft beer brand Bira91, has reportedly delayed interest payouts to some of its debt investors through supply chain financing platform KredX. A retail inv... Read More


Govt Sets Up Panel To Review Copyright Law Amid Rise In AI-Related Disputes

India, May 6 -- The Centre has reportedly set up a panel to review existing copyright law amid a rise in artificial intelligence (AI)-related disputes. The Union commerce ministry established a commi... Read More


Online Gaming Similar To Betting & Gambling, Taxable At 28%: DGGI Tells SC

India, May 6 -- The Directorate General of GST Intelligence (DGGI) has reportedly told the Supreme Court that online gaming companies are engaging in activities that qualify as betting and gambling, w... Read More


Swiggy Expands Its 10-Minute Food Delivery Service, Bolt To Over 500 Cities

India, May 2 -- Foodtech major Swiggy has now expanded its 10-minute food delivery service Bolt to more than 500 cities across India, just within seven months of launch. Earlier operational in six to... Read More


Swiggy Expands 10-Minute Food Delivery Service Bolt To Over 500 Cities

India, May 2 -- Foodtech major Swiggy has expanded its 10-minute food delivery service Bolt to more than 500 cities across India, a day after its rival Zomato announced shutting down its 15-minute foo... Read More


Maharashtra Aggregator Cabs Policy: Now, Drivers Will Be Fined For Cancelling Rides

India, May 2 -- The Aggregator Cabs Policy 2025, recently cleared and approved by the Maharashtra cabinet, mandates that drivers cancelling rides will now have to pay a fine, which in turn should be i... Read More


After Adani Pauses Chip Deal, Now Zoho Shelves Its $700 Mn Semiconductor Plan

India, May 1 -- A year after announcing its foray into the semiconductor space, SaaS unicorn Zoho has now put its $700 Mn chipmaking plan on hold. Zoho's founder Sridhar Vembu took to X to announce t... Read More