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Gig Workers' Welfare Prog: Karnataka To Put Out Draft Rules In 2 Weeks

India, May 29 -- A day after Karnataka governor Thaawarchand Gehlot cleared the Gig Workers (Social Security and Welfare) Ordinance, labour minister Santosh Lad reportedly said that the state will rel... Read More


CCI Greenlights Jumbotail's Proposal To Acquire Solv India

India, May 28 -- The Competition Commission of India (CCI) has cleared a multi-layered deal involving B2B marketplace Jumbotail Technologies' proposed acquisition of Solv India. The CCI said in a sta... Read More


PayPal Gets RBI's In-Principle Nod To Operate As PA For Cross Border Export

India, May 28 -- NASDAQ-listed PayPal Holdings Inc's Indian subsidiary PayPal Payments Private Limited has received the Reserve Bank of India's approval to operate as a payment aggregator for cross bo... Read More


Flipkart Sees Orders Growing At 25%, To Touch 30% By June: Kalyan Krishnamurthy

India, May 27 -- Flipkart's chief executive officer Kalyan Krishnamurthy said that the company has been witnessing an order growth rate of 20-25% in May, and plans to take it to 30% by this June. Kri... Read More


Quick Fashion Delivery Startup Slikk Nets $10 Mn To Enter New Categories

India, May 27 -- Fashion-focussed quick commerce platform Slikk has raised $10 Mn (INR 85.12 Cr) in its Series A round led by Nexus Venture Partners. The round also saw participation from existing inv... Read More


Exclusive: Wellness Beverage Brand TOVA Bags Funding From Poonawalla Group

India, May 27 -- Wellness beverages startup TOVA has secured an investment from Yohan and Michelle Poonawalla via their family business Poonawalla Group. Although the startup did not disclose the fin... Read More


BIS Seizes Goods Worth INR 90 Lakh In Raids On FirstCry's Bengaluru Warehouse

India, May 27 -- The Bureau of Indian Standards (BIS) has conducted search and seizure operations at one of FirstCry's Bengaluru warehouses and seized goods worth INR 90 Lakh. The inspection lasted f... Read More


Nestle Picks Up Minority Stake In Pet Care Unicorn Drools

India, May 26 -- Swiss food giant Nestle SA, the parent entity of Nestle India, has acquired a minority stake in homegrown D2C pet care startup Drools. However, the startup did not disclose the financ... Read More


Drools Enters Unicorn Club After Nestle's Investment

India, May 26 -- Swiss food giant Nestle SA, the parent entity of Nestle India, has acquired a minority stake in homegrown D2C pet care startup Drools. However, the startup did not disclose the financ... Read More


Centre Prioritising National Safeguards As Starlink, Other Satcom Players Eye Entry: Report

India, May 26 -- The Centre is reportedly prioritising national safeguards as global satcom players like Elon Musk-owned Starlink and Amazon's Kuiper are seeking entry into the Indian market. An ET r... Read More