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BetterPlace To Raise INR 32 Cr From Jungle Ventures, Capria Ventures

India, March 4 -- Bengaluru-based workforce management startup BetterPlace has received approval from its shareholders to raise INR 31.9 Cr (around $3.6 Mn) from Jungle Ventures and Capria Ventures. ... Read More


OYO Races To IPO As Founder Ritesh Agarwal's Debt Deadline Nears: Report

India, March 4 -- OYO Hotels is reportedly expediting its initial public offering (IPO) plans as founder Ritesh Agarwal faces pressure from creditors to clear a looming debt repayment. According to a... Read More


Heavy Industries Ministry Notice To Ola Electric, Others For Failing PLI Commitments: Report

India, March 4 -- Adding to the growing challenges for Ola Electric Mobility, the ministry of heavy industries (MHI) has reportedly issued a notice to the EV major for failing to meet its commitments ... Read More


Heavy Industries Ministry Notice To Ola Electric For Failing PLI Commitments: Report

India, March 4 -- Adding to the growing challenges for Ola Electric Mobility, the ministry of heavy industries (MHI) has reportedly issued a notice to the EV major for failing to meet its commitments ... Read More


Ola Electric To Cut Over 1K Jobs Amid Rising Losses: Report

India, March 3 -- Bhavish Aggarwal-led electric vehicle major is reportedly planning to lay off more than 1,000 employees and contract workers in an effort to stem its growing losses. As per Bloomber... Read More


Unicommerce Shares Dip Over 9% To Hit Fresh All-Time Low

India, March 3 -- As the broader market remains under the grip of bearish sentiment, shares of e-commerce-focused SaaS major Unicommerce dipped over 9.13% to hit its fresh all-time low of INR 97.00 ap... Read More


Angel One Suffers Data Breach, Says Client Accounts Secure

India, Feb. 28 -- Listed broking firm Angel One suffered a data leak, which it attributed to unauthorised access to its Amazon Web Services (AWS) resources. In an exchange filing, the company said th... Read More


Delhivery Shares Slide 4% To Touch Fresh All-Time Low

India, Feb. 28 -- Shares of logistics giant Delhivery slumped as much as 4.4% to hit an all-time low of INR 244.40 during the intraday trading session on the BSE today (February 28) Two days back, th... Read More


AI Progress Should Be Measured By Its Impact On Country's GDP: Rajeev Chandrasekhar

India, Feb. 28 -- Former union minister Rajeev Chandrasekhar has said that the advancement in artificial intelligence should be measured by its impact on a country's gross domestic product (GDP). Cha... Read More


MobiKwik Shares Extend Losses For 6th Day, Crash To Fresh All-Time Low

India, Feb. 28 -- Extending its five-day losing streak, MobiKwik's shares fell 5.5% to INR 277.55 apiece during the early trading on the BSE today (February 28), marking a fresh all-time low. Even at... Read More