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Zolo Sells Student Accommodation Business For INR 108 Cr

India, April 11 -- Bengaluru-based coliving spaces provider Zolo is set to sell its student accommodation business to Mumbai-based Good Host Spaces Management Services for INR 107.8 Cr (around $12.5 M... Read More


ONDC Chief T Koshy Steps Down After Three-Year Stint

India, April 10 -- T Koshy, the managing director and chief executive officer of the government-backed Open Network for Digital Commerce (ONDC), has stepped from his role after a three-year stint. Ho... Read More


Revise Aadhaar Law To Align With Data Act: Ashwini Vaishnaw To UIDAI

India, April 10 -- Union minister Ashwini Vaishnaw has reportedly asked the Unique Identification Authority of India (UIDAI) to come up with a new Aadhaar law aligned with the Digital Personal Data Pr... Read More


BluSmart Delays Salaries Citing Cash Flow Issues: Report

India, April 10 -- BluSmart Mobility has reportedly delayed salary payments for the month of March as the electric cab-hailing startup grapples with a financial crisis. In an email to the employees, ... Read More


Apple Exported iPhones Worth INR 1.5 Lakh Cr From India In FY25: Vaishnaw

India, April 9 -- Apple exported iPhones worth more than INR 1.5 Lakh Cr ($17.32 Bn) from India in the financial year ending March 2025, Union Minister Ashwini Vaishnaw said. This also marks a 76% ye... Read More


Google, Other Tech Majors Express Interest In India's AI Compute Infrastructure

India, April 9 -- As the Centre steps up its efforts to develop public AI compute infrastructure under the IndiaAI Mission, the initiative has reportedly attracted interest from a clutch of tech and t... Read More


Snacking Brand Let's Try Bags $2.5 Mn From SWC Global, Others

India, April 9 -- Delhi NCR-based snacking brand Let's Try has secured $2.5 Mn (around INR 21.64 Cr) in a Pre-Series A funding round led by SWC Global. The round also saw participation from existing ... Read More


Zepto Reduced Cash Burn, Nearing $4 Bn Annualised GOV, Claims Aadit Palicha

India, April 9 -- Quick commerce major Zepto has reduced cash burn and is nearing $4 Bn in annualised gross order value (GOV), cofounder and chief executive Aadit Palicha has claimed. "Zepto is getti... Read More


Zepto Nears $4 Bn Annualised GOV: Aadit Palicha

India, April 9 -- Quick commerce major Zepto has reduced cash burn and is nearing $4 Bn in annualised gross order value (GOV), cofounder and chief executive Aadit Palicha has claimed. "Zepto is getti... Read More


Increff Founder's D2C Apparel Venture OUTZIDR Bags INR 30 Cr

India, April 8 -- Increff cofounder Nirmal Jain's direct-to-consumer (D2C) apparel startup OUTZIDR has raised INR 30 Cr (around $3.5 Mn) in a seed funding round led by Stellaris Venture Partners. The... Read More