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Amazon, Flipkart Under NGT Scanner As Plastic Packaging Raises Green Concerns

India, June 16 -- Almost eight months after a Delhi teen filed a petition with the National Green Tribunal (NGT) against Amazon and Flipkart for using excessive packaging materials, the Central Pollut... Read More


Daily Tech Briefing: Jio's Weekend Fundraising; Zoom Censorship In China & More

India, June 15 -- Over the weekend, Reliance Jio Platforms has secured $850 Mn from new investors- TPG Capital and L Catterton. Global alternative asset investor TPG will invest INR 4,546.80 Cr ($599.... Read More


Bon Credit Founder Buys Back Investor Stake To Transition To NGO

India, June 15 -- Pune-based gig workers-focused fintech platform Bon Credit has decided to shift to a non-profit model. Bon Credit founder and CEO Bhasker Kode told Inc42 that he has bought out insti... Read More


Omidyar-Backed Bon Credit Switches To Non-Profit Model, Founder Buys Back Investor Shares

India, June 15 -- Pune-based gig workers-focused fintech platform Bon Credit has decided to shift to a non-profit model. Bon Credit founder and CEO Bhasker Kode told Inc42 that he has bought out insti... Read More


PaisaBazaar Lays Off Over 1500 Employees As Demand Falls

India, June 15 -- SoftBank portfolio company PolicyBazaar's lending unit, PaisaBazaar has reportedly let go of over 1500 employees to cut costs amid falling demand in the lending industry. The develo... Read More


Swedish Firm Sinch To Acquire Indian Cloud Messaging Company ACL Mobile In $70 Mn Deal

India, June 15 -- Stockholm-based telecommunications and cloud communications SaaS platform Sinch is all set to enter India after announcing its decision to buy Noida-based ACL Mobile in a $70 Mn cash... Read More


Swedish Firm Sinch To Acquire ACL Mobile In $70 Mn Deal

India, June 15 -- Stockholm-based telecommunications and cloud communications SaaS platform Sinch is all set to enter India after announcing its decision to buy Noida-based ACL Mobile in a $70 Mn cash... Read More


Swedish Firm Sinch To Acquire Cloud Messaging Company ACL Mobile In $70 Mn Deal

India, June 15 -- Stockholm-based telecommunications and cloud communications SaaS platform Sinch is all set to enter India after announcing its decision to buy Noida-based ACL Mobile in a $70 Mn cash... Read More


Future Tense: Biyani In Talks With Amazon, Samara, Premji Invest To Sell Stake

India, June 15 -- Debt-laden Future Retail may soon see a change in its investor group, with founder Kishore Biyani looking to either sell a significant or his entire stake in the company. An ET repo... Read More


Founders, VCs Recount Journey With Qyuki's Samir Bangara Through Heartfelt Tributes

India, June 15 -- Samir Bangara, the co-founder and chief executive of digital music platform Qyuki Digital Media, passed away on Sunday morning following a motorcycle accident. The 46-year-old, in a ... Read More