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Zomato Food Delivery COO Rinshul Chandra Resigns

India, April 6 -- Foodtech giant Zomato said that Rinshul Chandra has resigned from the position of its chief operating officer (COO) of its food ordering and delivery business. In an exchange filing... Read More


Exclusive: Snitch's Revenue Crosses INR 500 Cr Mark In FY25

India, April 4 -- D2C fashion brand Snitch posted an operating revenue of INR 520 Cr in the financial year ended March 2025 (FY25), its founder and CEO Siddharath Dungarwal said. This is almost doubl... Read More


Shark Tank Fame The Bear House Nets INR 50 Cr To Expand Offline Presence

India, April 1 -- D2C menswear brand The Bear House (TBH) has raised INR 50 Cr (around $5.8 Mn) in its Series A funding round led by JM Financial Group's investment arm JM Financial Private Equity. I... Read More


Zomato Trims 600 Jobs Amid Increasing Automation, Quick Commerce Wars

India, April 1 -- Amid slowing growth in its food delivery vertical and rising competition in the quick commerce space, foodtech giant Zomato has reportedly laid off nearly 600 employees from its cust... Read More


Ola Electric Kicks Off Deliveries Of S1 Gen 3 Scooters

India, March 22 -- Listed electric vehicle (EV) juggernaut Ola Electric has commenced the deliveries of its S1 Gen 3 scooter range across India through its network of stores. The portfolio comprises ... Read More


SEBI Tightens Digital Advertising Norms For Registered Entities

India, March 21 -- With an eye on curbing the rising online frauds in the securities market, the Securities and Exchange Board of India (SEBI) has now tightened digital advertising rules for its regis... Read More


Jimmy's Cocktails' Revenue Dips 31% To INR 23.7 Cr In FY24

India, March 21 -- D2C brand Jimmy's Cocktails saw its operating revenue decline 30.9% to INR 23.7 Cr in the financial year ended March 2024 (FY24) from INR 34.3 Cr in the previous year. Including ot... Read More


PayU Picks Up 43.5% Stake In Mindgate To Bolster Presence In Digital Payments

India, March 20 -- Prosus-backed payment solutions major PayU today said it has acquired a 43.5% stake in payments infrastructure startup Mindgate Solutions to expand its presence in the real-time pay... Read More


Lighthouse PropTech Bags Funding From Turbostart, Others

India, March 20 -- Proptech startup Lighthouse PropTech has secured $1 Mn (around INR 8.6 Cr) as a part of its $2.5 Mn (around INR 21.5 Cr) funding round led by Turbostart, along with participation fr... Read More


IndiaAI Mission, Gates Foundation To Collaborate On AI Innovation Soon: Vaishnaw

India, March 20 -- At a time when artificial intelligence has taken the world by storm and the technology is seeing a rapid adoption in India as well, the government is looking to further step up its ... Read More