BYJU'S RP Sues Former Directors Over Alleged Transfer Of Company Assets

India, June 19 -- BYJU'S current resolution professional Shailendra Ajmera has filed a lawsuit against Think & Learn Private Limited's former directors Byju Raveendran, Riju Ravindran and Divya Gokuln... Read More

Physis Capital Raises Over INR 200 Cr For Maiden Fund

India, June 18 -- Physis Capital, a venture capital firm launched by the founders of Inflection Point Ventures, has raised over INR 200 Cr as part of its INR 400 Cr maiden fund. The fund secured comm... Read More

Ola Drivers Need To Pay INR 2,010 A Month To Avail Zero Commission Model

India, June 18 -- Ola drivers can now avail the company's zero commission model by subscribing to its 30 day pass, where they have to pay INR 67 a day, which constitutes to INR 2,010 a month, the ride... Read More

Digital Competition Bill: Startups Call For Protecting Domestic Innovation

India, June 16 -- Indian online startups and tech product companies have reportedly urged a parliamentary panel working on the draft Digital Competition Bill (DCB) to increase the threshold for ex ant... Read More

Rapido, Ola Halt Bike Taxi Operations In Karnataka

India, June 16 -- Ride-hailing majors Rapido and Ola have temporarily suspended their bike taxi operations in Karnataka complying to the recent High Court order that banned bike taxis in the region. ... Read More

Rapido, Ola & Uber Halt Bike Taxi Operations In Karnataka

India, June 16 -- Ride-hailing majors Rapido, Uber and Ola have temporarily suspended their bike taxi operations in Karnataka complying to the recent High Court order that banned bike taxis in the reg... Read More

CBDT Probes Alleged Tax Evasion Through Crypto Investments

India, June 14 -- The Central Board of Direct Taxes (CBDT) is reportedly investigating alleged tax evasion and laundering of unaccounted funds by high risk persons via investment in cryptocurrency. A... Read More

Fidelity Increases IPO-Bound LensKart Valuation By 21% To $6.1 Bn

India, June 13 -- A fund managed by US-based financial services major Fidelity Investments has reportedly marked up thevaluation of IPO-bound omnichannel retail eyewear major LensKart. As per an ET r... Read More

Fidelity Increases IPO-Bound LensKart Valuation By 22% To $6.1 Bn

India, June 13 -- A fund managed by US-based financial services major Fidelity Investments has reportedly marked up thevaluation of IPO-bound omnichannel retail eyewear major LensKart. As per an ET r... Read More

Groww Closes $200 Mn Funding Round Ahead Of IPO

India, June 13 -- IPO-bound wealthtech startup Groww has closed its Series F funding round of $202.3 Mn (around INR 1,735 Cr) from GIC and ICONIQ Capital at a valuation of $7 Bn, sources close to the ... Read More

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