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CAIT Urges Govt To Investigate Flipkart's Business Model That Allows It To Allegedly Violate FDI Rules Of India

India, May 21 -- The Confederation of All India Traders (CAIT) has urged the Indian government to investigate Flipkart over alleged foreign direct investment (FDI) policy and taxation rules violations... Read More


NextBillion.Ai Bags Additional $6.25 Mn In Series A, Taking Total Round To $13.5 Mn

India, May 21 -- Hyperlocal solutions provider NextBillion.ai has raised an additional $6.25 Mn, as a part of its extended Series A funding round from Microsoft's venture fund called M12. With this, t... Read More


Govt Directs Ecommerce Companies To Appoint Nodal Officer

India, May 20 -- The government of India has asked ecommerce companies to appoint a nodal officer to ensure compliance with the new consumer protection rules, which will be applicable to ecommerce ent... Read More


Electric Vehicles This Week: Magenta EV's $15 Mn Series A, Nexon Sales & More

India, May 20 -- Navi Mumbai-based electric vehicles (EV) charging solutions company Magenta EV solutions today (May 20) announced that Kiran C Patel, an Indian-American philanthropist, cardiologist a... Read More


Rise Of The Indian SpaceTech: Skyroot And Agnikul Raise $11 Mn Each For Their Satellite Projects

India, May 20 -- Ever since the Indian government has decided to open up the space sector for private players, there have been a lot of expectations from the Indian spacetech startups to bring in more... Read More


Women Activewear D2C Brand BlissClub Raises Funding From Elevation Capital, Angels

India, May 20 -- Women's activewear brand BlissClub has raised a $2.25 Mn seed funding round led by Elevation Capital for team expansion, product development and fund its marketing activities. The sta... Read More


Indian Women's Activewear Brand BlissClub Bags $2.25 Mn In Seed Round

India, May 20 -- Women's activewear brand BlissClub has raised a $2.25 Mn seed funding round led by Elevation Capital for team expansion, product development and fund its marketing activities. The sta... Read More


ANSR Bags $15 Mn In Series B Funding; Plans Expansion In UAE, Europe And Canada

India, May 20 -- Consultancy firm ANSR, which helps multinational firms set up global capability centres, has raised $15 Mn in Series B funding round from Sistema Asia Fund and Evolvence India Fund. T... Read More


Spacetech Startup Agnikul Raises $11 Mn To Take Next Step In Satellite Innovation

India, May 19 -- Indian spacetech sector has come a long way, all thanks to the Indian Space Research Organisation (ISRO) that has added many feathers to its cap over the years. Now it's time for star... Read More


Paytm Payments Bank Continues To Lead Beneficiary Banks On UPI

India, May 19 -- Paytm Payments Bank said that it maintained its lead as the largest beneficiary bank on the unified payments interface (UPI) platform with 430.04 Mn transactions in April 2021, even t... Read More