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Swiggy reshapes board post-IPO as SoftBank, Accel nominees exit

New Delhi, July 25 -- Swiggy Ltd has restructured its board of directors following its public listing last year. The company has appointed Faraz Khalid, CEO of e-commerce platform Noon, as an independ... Read More


LVMH backed L Catterton taps Unilever veteran Vikram Kumaraswamy to co-lead India push

New Delhi, July 24 -- Private equity firm L Catterton has appointed Vikram Kumaraswamy-a seasoned Unilever executive-as partner and co-head of its India business. He will lead alongside Anjana Sasidha... Read More


Mint Explainer: CoinDCX loses $44 mn to hackers. Why are crypto firms especially vulnerable?

New Delhi, July 20 -- On Saturday CoinDCX has become the latest major Indian crypto exchange to suffer a breach, with $44.2 million drained from an internal liquidity account. Such incidents highlight... Read More


Beyond text: Why voice is emerging as India's next frontier for AI interaction

New Delhi, July 16 -- Voice is fast becoming the defining layer of human-AI interaction in India, despite being the most challenging to train. Artificial intelligence (AI) startups are sharpening thei... Read More


Uber Shuttle shut in Mumbai and Hyderabad

Mumbai, July 11 -- Uber has shut down its Shuttle bus services in Mumbai and Hyderabad, prompted by low ridership and steep operational costs, people familiar with the development told Mint. Meanwhile... Read More


Uber shuts down Shuttle bus services in Mumbai and Hyderabad amid low ridership

New Delhi, July 10 -- Uber has shut down its Shuttle bus services in Mumbai and Hyderabad, prompted by low ridership and steep operational costs, people familiar with the development told Mint. Meanwh... Read More


Swiss PE firm Partners Group to acquire majority stake in Infinity Fincorp for $230 mn, outbids Advent and Creador

New Delhi, July 10 -- Swiss private equity firm Partners Group is set to acquire a majority stake in shadow lender Infinity Fincorp for Rs.1,950 crore ($230 million), the companies said on Thursday. ... Read More


India's drone industry grows rapidly but faces critical rare-earth magnet dependency

New Delhi, July 8 -- India's drone ecosystem is ramping up local manufacturing amid rising defence demand and policy push, and a swelling base of domestic startups. While there's growing domestic capa... Read More


How new rules may change your app-cab rides

New Delhi, July 8 -- The Centre's new Motor Vehicles Aggregator Guidelines, released last week, redraws the playbook for ride hailing apps. While dynamic pricing gets a nod, states still have the fina... Read More


Aditya Mangla is Eternal food delivery CEO

New Delhi, July 7 -- Eternal Ltd (formerly Zomato) has appointed Aditya Mangla as the CEO of its food ordering and delivery business, the company informed stock exchanges on Sunday. Mangla's appointme... Read More