After Grofers, Flipkart To Explore SPAC Route For Public Listing In US

India, March 5 -- Walmart-owned ecommerce major Flipkart is reportedly exploring a public listing in the US, via a special purpose acquisition company (SPAC), also called a blank-check firm. Although,... Read More

NPCI Joins Contactless Payments Bandwagon With SBI-Powered RuPay SoftPoS

India, March 5 -- The National Payments Corporation of India (NPCI) has partnered with SBI Payments to launch a RuPay SoftPoS solution for India merchants. The solution turns NFC (near-field communica... Read More

Amazon Prime Video India Head Gets Interim Relief From Arrest In 'Tandav' Row

India, March 5 -- The Supreme Court, on Friday, granted interim protection from arrest to Amazon Prime Video's India head Aparna Purohit, in relation to an FIR lodged against her by Uttar Pradesh Poli... Read More

Venture Debt Investor Trifecta Capital Closes Second Fund At INR 1,025 Cr

India, March 5 -- Indian venture debt firm Trifecta Capital, on Friday, announced the final close of its second fund, Trifecta Venture Debt Fund-II at INR 1,025 Cr (roughly $150 Mn). The fund was over... Read More

Delhi HC Directs HappyEasyGo To Stop Bidding For MakeMyTrip Keywords In Google Ads

India, March 4 -- The Delhi High Court, on Wednesday, granted an interim injunction in favour of online travel portal MakeMyTrip (MMT), in its trademark infringement suit against smaller rival HappyEa... Read More

Singapore-Based Symbo Raises $9.4 Mn; Will Divert Large Share To India Entity

India, March 4 -- Singapore-headquartered insurance tech platform Symbo Platform Holdings has completed a $9.4 Mn funding round led by CreditEase Fintech Investment Fund and San Francisco based invest... Read More

SC Gives Relief To Google, Facebook, Other Tech Giants Over Royalty Taxes

India, March 4 -- Big tech companies Google, Facebook and Amazon could start claiming hundreds of crores in refunds from the Indian government, as a Supreme Court ruling on Tuesday clarified that paym... Read More

As NUE Race Heats Up, Tata Gets Flipkart, Mastercard, PayU In Its Corner

India, March 4 -- Tata Group's planned new umbrella entity (NUE) has seemingly gained more momentum, with major participants from the financial services and tech startup sphere. According to ET, whic... Read More

Cashify Raises $15 Mn From Olympus Capital Asia's Sustainability Platform

India, March 4 -- Cashify, an online platform to sell used electronic gadgets for instant cash, has raised $15 Mn from New York-based Olympus Capital Asia, a middle-market private equity firm. Olympus... Read More

Netflix To Release 41 Indian Titles In 2021; Will New Guidelines Influence Content?

India, March 4 -- Online streaming giant Netflix, on Wednesday, said it will release 41 Indian films, shows and documentaries in 2021. This will include new titles and new seasons of existing titles. ... Read More