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Delhivery Gets INR 49 Cr Tax Demand Notice

India, May 8 -- Logistics giant Delhivery has received a demand notice from the Directorate General of GST Intelligence (DGGI), Mumbai Zonal Unit. In an exchange filing, the company said that it has ... Read More


Porter Closes Series F Round Led By Kedaara, Wellington Management

India, May 8 -- After speculations around $100 Mn fundraise last month, hyperlocal logistics startup Porter has confirmed closure of its Series F funding round. The round was led by Kedaara Capital a... Read More


Zaggle Shares Rally 9% On Bagging Order From Grant Thornton Bharat

India, May 8 -- Shares of listed SaaS fintech company Zaggle surged as much as 9.2% to INR 355 during the early trading hours today. The rally came after the company secured an order from Grant Thorn... Read More


Swiggy To Transfer Ownership Of Digital-First Food Brands To Kouzina

India, May 6 -- Foodtech major Swiggy has entered into a strategic agreement with Bengaluru-based Kouzina Food Tech to snap up exclusive licences for its digital-first food brands, including The Bowl ... Read More


Amazon Challenges Delhi HC's Trademark Infringement Verdict

India, May 3 -- Amazon has now moved the division bench of the Delhi High Court, challenging its single-judge order that asked the company to pay damages worth INR 339.3 Cr to Lifestyle Equities for a... Read More


Urban Company DRHP: A Look At The Shareholding Pattern & Key Leaders

India, May 2 -- Consumer services unicorn Urban Company has filed its draft papers with the capital markets regulator SEBI on Monday (April 28) to raise INR 1,900 Cr through an initial public offering... Read More


Karnataka Has No Plan To Review Its Bike Taxis Ban: Report

India, May 2 -- Amid impending ban on bike taxis in Karnataka, the state government has reportedly no plan to review its March 2024 order prohibiting bike taxi operations. While the Karnataka High Co... Read More


Zomato Delisted 19,000 Restaurants In Q4 FY25

India, May 1 -- Eternal's food delivery vertical Zomato delisted 19,000 restaurants from the platform in Q4 FY25. In its shareholders letter, the company, which reported a stagnant quarterly performa... Read More


Zomato Shuts 15-Minute Food Delivery Service Quick, Everyday

India, May 1 -- Just over three months after launching its 15-minute food delivery service, foodtech major Zomato is shutting down the 'Quick' service. In its shareholders letter, Zomato parent Etern... Read More