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Railways Award Startups With 23 Innovation Projects Worth 43.87 Cr To Improve Services

India, July 16 -- The Indian Railways has awarded startups 23 innovation projects worth INR 43.87 Cr to address 15 problem statements aimed at enhancing services of the national transporter. Accordin... Read More


Paytm Gets Administrative Warning From SEBI On Related Party Transactions With Payments Bank

India, July 16 -- Paytm's parent company One 97 Communications has received an administrative warning letter from market regulator SEBI over related party transactions conducted by the company with Pa... Read More


Swiggy, Zomato Could Soon Start Home Delivery Of Alcohol In Delhi, Other States

India, July 16 -- Several states, including New Delhi, Karnataka, Haryana, Punjab, Tamil Nadu, Goa, and Kerala, are reportedly exploring pilot projects to enable home delivery of liquor through online... Read More


TBO Tek Expands ESOP Pool, Allots 2.44 Lakh Stock Options

India, July 16 -- B2B travel portal Travel Boutique Online (TBO Tek) has expanded the pool size of its employee stock option plan (ESOP) by allotting an additional 2.44 Lakh stock options. In an exch... Read More


MeitY May Advise MCA To Exclude Ex-Ante Provision From Digital Competition Bill For Now

India, July 15 -- The Ministry of Electronics and Information Technology (MeitY) may likely ask the Ministry of Corporate Affairs (MCA) to exclude the ex-ante provision from the proposed draft of the ... Read More


Flipkart Mulls 100 Dark Stores Ahead Of Big Billion Days Sale

India, July 15 -- Ahead of its Big Billion Days sale, ecommerce major Flipkart is now planning to open nearly 100 dark stores across top cities, intensifying its battle in the quick commerce space. A... Read More


Quick Commerce Push: Flipkart Mulls 100 Dark Stores Ahead Of Big Billion Days Sale

India, July 15 -- Ahead of its Big Billion Days sale, ecommerce major Flipkart is now planning to open nearly 100 dark stores across top cities, intensifying its battle in the quick commerce space. A... Read More


IPO-Bound Swiggy Initiates Fifth ESOP Liquidity Programme Worth $65 Mn

India, July 15 -- IPO-bound foodtech major Swiggy has initiated its fifth employee stock option plan (ESOP) liquidity programme worth $65 Mn (about INR 543.5 Cr). In a statement, the startup said tha... Read More


Orios Venture Partners Postpones Closure Of Third Fund For Second Time

India, July 13 -- Early-stage venture capital firm Orios Venture Partners, which counts Battery Smart, Karbon, ixigo, MobiKwik, CarDekho and Vedantu among its portfolio companies, has reportedly postp... Read More


Amazon's Project Kuiper May Soon Join Eutelsat OneWeb, Others To Secure Satcom Licence In India

India, July 13 -- Amazon-owned Project Kuiper may soon join Bharti-backed Eutelsat OneWeb and Reliance Jio's satellite arm in obtaining a satcom licence in India as the Jeff Bezos-led firm has submitt... Read More