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Centre To Reinitiate Discussions On National Ecommerce Policy

India, June 11 -- Years after it came out with the national ecommerce policy, the Centre has restarted discussions on the policy amid rapid growth in the sector. Commerce and industry minister Piyush... Read More


Leumas Nets $2.2 Mn To Build Robot Factories For Pharma & Wellness Sectors

India, June 11 -- Deeptech manufacturing startup Leumas has raised $2.2 Mn (around INR 19 Cr) in a seed funding round led by Capital 2B, with participation from Capital-A and Anicut Capital. The Beng... Read More


Wow! Momo Raises INR 85 Cr Debt From Stride Ventures

India, June 10 -- Kolkata-based QSR chain Wow! Momo has raised INR 85 Cr (around $9.9 Mn) debt from Stride Ventures as it looks to strengthen its omnichannel strategy and expand presence in the FMCG v... Read More


Inside Rapido's Food Delivery Play: Can 'Ownly' Break Zomato-Swiggy Duopoly?

India, June 9 -- After months of speculation, Rapido is finally unveiling its food delivery platform Ownly, partnering with restaurants affiliated with the National Restaurant Association of India (NR... Read More


NCLAT Judicial Member Recuses Himself From BYJU'S-AWS Case: Report

India, June 5 -- Justice Sharad Kumar Sharma, the judicial member of the Chennai bench of the National Company Law Appellate Tribunal (NCLAT), has recused himself from the BYJU'S-Amazon Web Services (... Read More


Singapore HC Rejects WazirX Restructuring Plan

India, June 5 -- WazirX took a major hit after the Singapore High Court rejected a proposed restructuring plan submitted by its parent entity Zettai Pte Ltd. The company submitted the plan in Novembe... Read More


WazirX Sets Up Panama Entity To Escape Singapore Crypto Noose

India, June 4 -- Nearly a year after a cyber attack wiped out nearly $235 Mn from one of its wallets, Indian crypto exchange WazirX has incorporated an entity in Panama by the name of Zensui Corporati... Read More


Dixon Seeks Govt Nod To Partner China's HKC For Module Unit

India, June 4 -- Homegrown electronics manufacturer Dixon Technologies is reportedly seeking a partnership with China's HKC for its display module manufacturing unit and has sought the Indian governme... Read More


[Update] Hyundai & Kia Offload Stakes Worth INR 689 Cr In Ola Electric

India, June 3 -- Update | June 3, 10:17 PM Hyundai Motor Company and Kia Corporation together offloaded more than 13.6 Cr shares in electric vehicle (EV) maker Ola Electric in multiple bulk deals wor... Read More


Morgan Stanley Raises Q-Comm Market Forecast To $57 Bn, Bets On Eternal

India, June 3 -- The Indian quick commerce market will reach $57 Bn by 2030, according to revised estimates by global brokerage firm Morgan Stanley. It had earlier projected the total addressable mark... Read More