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Flipkart-Backed Shadowfax Plans INR 3,000 Cr IPO

India, Aug. 12 -- Logistics services startup Shadowfax is reportedly planning to raise INR 2,500 - 3,000 Cr through an initial public offering (IPO) at a valuation of INR 5,000 - 8,000 Cr. As per ET'... Read More


India To Now Extend Its UPI Payment Service To Maldives

India, Aug. 10 -- India and Maldives have inked a pact to roll out Unified Payments Interface (UPI) in the Indian Ocean archipelago as external affairs minister S Jaishankar said that the move will ha... Read More


Blinkit Kicks Off 10-Minute Delivery Of Passport Photo For Delhi & Gurugram Users

India, Aug. 9 -- Diversifying its product offerings, Zomato's quick commerce platform Blinkit has now kicked off delivery of passport-sized photo in just 10 minutes for its Delhi and Gurugram and cust... Read More


Namma Yatri's Parent Extends Zero Commission Cab Service To Delhi NCR

India, Aug. 9 -- After launching a lifetime zero-commission cab service in Bengaluru in April, ride-hailing service Namma Yatri's parent entity MovingTech has now extended the service to Delhi NCR und... Read More


BlueBinaries Snags INR 60 Cr To Upgrade Tech Solutions In Mobility Space

India, Aug. 7 -- BlueBinaries, an engineering and technology services provider for the mobility industry, has bagged INR 60 Cr (around $7.1 Mn) in an undisclosed funding round from Anicut Capital. Th... Read More


VAMA Joins ONDC To Double Down On Spiritual Offerings

India, Aug. 7 -- Virtual spirituality startup VAMA will be onboarding government-backed Open Network for Digital Commerce (ONDC) to expand its services offering to more consumers through the network. ... Read More


Unicommerce IPO: Issue Fully Subscribed On Day 1, Retail Portion Booked Nearly 10X

India, Aug. 6 -- The initial public offering (IPO) of SaaS startup Unicommerce has raked in a strong response from investors on the first day of the bidding, getting fully subscribed 2.43 times. The ... Read More


Paytm Expands ESOP Pool, Allots Over 1.1 Lakh Stock Options

India, Aug. 6 -- Fintech giant Paytm has expanded its employee stock option plan (ESOP) by allotting 1,10,357 equity shares to its eligible employees. In an exchange filing, Paytm said, "We wish to i... Read More


NPCI In Discussions With Startups To Enable Biometric Authentication For UPI Transactions

India, Aug. 6 -- The National Payments Corporation of India (NPCI) is reportedly in discussions with a host of startups to enable biometric authentication for the popular mobile-based UPI payments, Mo... Read More


Ola Electric IPO: Issue Fully Subscribed On Day 2, Retail Portion Booked 2.87X

India, Aug. 5 -- The initial public offering (IPO) of electric vehicle maker Ola Electric was fully subscribed on the second day of the bidding today (August 5), witnessing a modest response with the ... Read More