India's Thrasio For Foodtech Curefoods Buys 7 D2C Cloud Kitchen Brands

India, Oct. 22 -- Cloud kitchen startup Curefoods, which operates the Cure.fit-launched but independently running foodtech Eat.fit, has announced its acquisition of seven D2C food brands across the co... Read More

Amazon Knocks Supreme Court's Door; Seeks Stay On Future's Shareholders Meet

India, Oct. 22 -- In another turn of events in the Future Group Vs Amazon Inc. case, the US-based ecommerce giant has filed for an interim application in the Supreme Court (SC) as it seeks a stay on t... Read More

RBI Slaps Fine On Paytm Payments Bank For Regulatory Non-Compliance

India, Oct. 21 -- The Reserve Bank of India (RBI) has imposed a penalty of INR 1 Cr on Paytm Payments Bank (PPBL) for violating provisions of the Payment and Settlement Systems Act, 2007 (PSS Act). I... Read More

CRED In Talks To Acquire HipBar For PPI License; Plans Foray Into Wallet Payments Business

India, Oct. 21 -- Member-only fintech and ecommerce platform CRED that allows credit card bill payments, is entering the wallet payments. For the entry the company will be acquiring liquor delivery st... Read More

Tata Digital Vs Reliance Jio! Now, Jio Looks To Back Dunzo In $250 Mn Round

India, Oct. 21 -- Following the hyperlocal pivot of consumers post-pandemic, billionaire Mukesh Ambani-led Reliance Jio may invest in hyperlocal delivery startup Dunzo. The investment could also mark... Read More

Lendingtech Startup CredAble Raises $30 Mn; Eyes INR 5,000 Cr Monthly Loan Disbursal By FY22

India, Oct. 20 -- Mumbai-based fintech startup CredAble has raised $30 Mn from Plutus Wealth Management and existing investor Oaks Assets Management (formerly Alpha Capital). The fintech startup aims... Read More

EV Financing Startup RevFin Bags $4 Mn In Debt & Equity; Eyes Backing 80K Vehicles

India, Oct. 20 -- The Indian Electric Vehicle (EV) ecosystem has been witnessing a growing acceptance among the masses. The ecosystem, which was valued at $5 Bn in 2020, is expected to evolve into a $... Read More

Amidst Communal Controversy, Unacademy Plans To Strengthen Grievance Redressal System

India, Oct. 20 -- In 2020, last year, Rourkela's Soyeb Aftab was in the limelight for topping the NEET 2020 exams. A year later, the MBBS student from AIIMS-Delhi, and edtech unicorn Unacademy (where ... Read More

PolicyBazaar Gets SEBI Nod For INR 6,017 Cr IPO

India, Oct. 19 -- PB Fintech which runs the online marketplaces Policybazaar and Paisabazaar has received the market regulator SEBI's nod for its INR 6017.50 Cr IPO. The fintech unicorn is looking fo... Read More

Bollywood Couple Genelia and Riteish Deshmukh Unite Taste & Veganism With D2C Venture Imagine Meats

India, Oct. 19 -- While the traditional Indian food habits have reflected an inclination towards vegetarianism, 70% of the Indian population consumes meat and other animal products (excluding milk). ... Read More