Big Win For Amazon: Delhi HC Stays Reliance-Future Deal, Hints At Detention For Biyani

India, March 18 -- In a big win for the US-based ecommerce giant Amazon, the Delhi High Court, on Thursday, upheld the emergency award passed by the Singapore International Arbitration Centre (SIAC) i... Read More

Micro VC Eximius Ventures Announces First Close Of $10 Mn Early-Stage Fund

India, March 18 -- New Delhi-headquartered micro venture fund Eximius Ventures has announced the first close of its maiden $10 Mn fund for early-stage startups in India. The fund has plans to invest ... Read More

Amid Pre-IPO Push, Zomato Enters Health & Dietary Supplements Market

India, March 17 -- Gurugram-based foodtech unicorn Zomato, on Tuesday, announced its foray into health and dietary supplements through a 'Made in India' brand soon to be available on the Zomato platfo... Read More

Customer Engagement Giant Twilio Acquires Indian CPaaS Startup ValueFirst

India, March 17 -- Gurugram-headquartered communications platform-as-a-service (CPaaS) company ValueFirst has been acquired by San Francisco-based cloud communications and customer engagement platform... Read More

Energy IoT Startup Smart Joules Raises $4.1 Mn In Series A

India, March 17 -- Energy-efficiency-as-a-service startup Smart Joules has raised $4.1 Mn in its Series A funding round from various investors, namely ADB Ventures, the venture arm of Asian Developmen... Read More

EV Startup Euler Closes $9.5 Mn Series A; Bags $2.6 Mn From ADB

India, March 17 -- New Delhi-based electric vehicle (EV) startup Euler Motors has raised $2.6 Mn in funding from the venture arm of Asia Development Bank (ADB) with participation from existing investo... Read More

Nazara IPO Subscribed 2X in First Three Hours Of Opening

India, March 17 -- Indian mobile gaming company Nazara Technologies' initial public offering (IPO) has opened today, with the company's shares listed both on the National Stock Exchange (NSE) and the ... Read More

Plant-Based Wellness Startup OZiva Raises $12 Mn In Series B Round

India, March 17 -- Mumbai-based D2C nutrition brand OZiva has raised $12 Mn in a Series B round led by Eight Roads Ventures with participation from F-Prime Capital and existing investor Matrix Partner... Read More

Reliance Accuses Amazon, Flipkart Of Capital Dumping & Predatory Pricing

India, March 16 -- Upping the ante against foreign ecommerce players, Mukesh Ambani-owned Reliance Industries has alleged that firms such as Amazon and Walmart-backed Flipkart are using capital dumpin... Read More

Woman Who Accused Zomato Delivery Agent Of Assault Booked For Same Offence By Bengaluru Police

India, March 16 -- The Bengaluru police have booked model and Instagram influencer Hitesha Chandranee for assault, based on a complaint filed by a Zomato delivery executive Kamaraj. Chandranee has be... Read More