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Former Zomato Exec Mohit Gupta And Myntra Founder Mukesh Bansal's Venture Lyskraft Bags $26 Mn

India, April 26 -- Lyskraft, an omnichannel fashion startup floated by former Zomato senior executive Mohit Gupta and Myntra founder Mukesh Bansal, has secured $26 Mn (around INR 216 Cr) in a seed fun... Read More


Meta Appointed As The Co-Chair Of USIBC's AI Task Force

India, April 26 -- The US-India Business Council (USIBC) has announced the appointment of social media juggernaut Meta as the co-chair of its artificial intelligence (Al) task force. The development ... Read More


NABARD, RBI Innovation Hub Join Hands To Ease Digital Agri Lending

India, April 26 -- The National Bank for Agriculture and Rural Development (NABARD) has joined hands with the Reserve Bank of India's wholly-owned subsidiary RBIH to enable faster processing of agricu... Read More


Kedaara Capital Closes India's Largest PE Fund At $1.7 Bn

India, April 25 -- India-focused private equity firm Kedaara Capital has marked the final close of its fourth investment vehicle, Kedaara IV, at a whopping $1.73 Bn. This will be Kedaara's fourth fun... Read More


ONDC Looks To Onboard News Media Platforms On The Network

India, April 25 -- Looking to bolster its category play, the Open Network for Digital Commerce (ONDC) is reportedly looking to onboard news media platforms on the state-backed network. As part of thi... Read More


Plane Bags $4 Mn To Offer Project Management Solutions To Firms

India, April 24 -- Plane, a project management software startup, has secured $4 Mn (around INR 33.3 Cr) in a seed funding round from OSS Capital. The startup plans to use the fresh funds to fuel its ... Read More


Reliance Jio MD Sanjay Mashruwala Resigns

India, April 23 -- Sanjay Mashruwala, the managing director (MD) of Reliance Jio Infocomm Ltd, has resigned from his position. The 76-year-old will cease to be the director of the telecom company of R... Read More


BGMI Maker Krafton's New Battle Royale Style Game Launched In India

India, April 23 -- South Korean gaming giant Krafton, with its Spanish counterpart ZeptoLab, has announced the official launch of its new shooter mobile game Bullet Echo India. It is pertinent to not... Read More


WeWork Inc To Sell Remaining 27% Stake In WeWork India For INR 1,200 Cr

India, April 22 -- WeWork Inc is looking to sell its remaining 27% stake in its Indian unit, coworking space provider WeWork India, via an INR 1,200 Cr secondary transaction. As per an ET report, Ena... Read More


Flipkart Picks Supply Chain Head Hemant Badri To Lead Its Quick Commerce Foray

India, April 22 -- Amid intensifying competition in the quick commerce space, ecommerce giant Flipkart has chosen its senior vice president and group head of supply chain Hemant Badri to lead its fora... Read More