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Govt To Build Super App For Electric Vehicle Users

India, May 23 -- The Union government has set in motion plans for building a super app for electric vehicle (EV) users in the country. In a statement, the ministry of heavy industries (MHI) said the ... Read More


Honasa's Lacklustre Q4, Ola Electric Eyes INR 1,700 Cr & More

India, May 23 -- Honasa's Not-So-Decorated Q4 Results The fourth quarter turned out to be a mixed bag for Honasa. The listed D2C unicorn saw its profits shrink as rising revenues were offset by an up... Read More


Streaming Veteran Viniit Mehta Floats $10 Mn Fund To Back Media & Gaming Startups

India, May 23 -- Drawing on his wealth of experience in the entertainment space, former Brightcove country head Viniit Mehta has floated a new fund to capitalise on India's growing "attention economy"... Read More


Ullu's Rise In India's Untamed OTT Underworld, Pine Labs Turns Public & More

India, May 22 -- Ullu's Rise In India's Untamed OTT Underworld The Indian OTT space may be a tough nut to crack for many, but for 2018-founded Ullu, things are working like a charm, thanks to its "un... Read More


Microsoft-Backed Builder.ai To File For Bankruptcy

India, May 21 -- Weeks after Builder.ai admitted "problems" under its past leadership, the Microsoft-backed enterprise tech startup is now reportedly commenced insolvency proceedings. A company spoke... Read More


MobiKwik's Sombre Q4, Nazara's Acquisition Spree & More

India, May 21 -- Staganation Bites MobiKwik's Q4 MobiKwik has reported a sombre Q4 FY25. The fintech major's net loss zoomed 83.5X YoY to INR 56.03 Cr while operating revenue remained flat, up a mere... Read More


India To See Fastest Satcom Rollout In The World: Telecom Minister

India, May 21 -- Telecom minister Jyotiraditya Scindia reportedly said that India will see the fastest rollout of satellite communication (satcom) network in the world. As per news agency PTI, Scindi... Read More


Consumer Court Directs Amazon To Pay INR 40K For Not Delivering INR 100 Rakhi

India, May 20 -- A Mumbai consumer dispute redressal tribunal has directed ecommerce major Amazon to pay a compensation of INR 40,000, inclusive of legal costs, to an aggrieved customer over failure t... Read More


Myntra Unpacks Its Global Dreams, Shiprocket's INR 2,500 Cr IPO & More

India, May 20 -- Myntra Unpacks Its Global Dreams Marking its first international foray, the fashion ecommerce marketplace has launched its operations in Singapore. The move is aimed at capitalising ... Read More


After Students, Swiggy Targets Professionals With Corporate Rewards Programme

India, May 20 -- Days after launching a new initiative to woo students, listed foodtech major Swiggy has launched a corporate rewards programme to further bolster its food delivery vertical. In a pos... Read More