Setback For Amazon As SEBI Approves Reliance-Future Deal

India, Jan. 21 -- In what could be a major setback for Amazon's ecommerce business in India, the Securities and Exchange Board of India (SEBI) has granted approval to the Reliance Retail acquisition d... Read More

Dunzo Bags Series E From Google, Lightbox To Capitalise On Hyperlocal Demand Surge

India, Jan. 20 -- Bengaluru-based hyperlocal delivery startup Dunzo has raised $40 Mn in its ongoing Series E funding round from new and existing investors including Google, Lightbox, Evolvence, Hana ... Read More

CFOs In Tech: Moglix's Rahul Goel On The Challenges And Success Factors Of New-Age CFOs

India, Jan. 20 -- The last decade has truly been the golden era for digital transformation. From using web services for chatting and communication to solving major hurdles, businesses have embraced te... Read More

HRtech Startup Darwinbox Raises $15 Mn From Salesforce Ventures To Expand Globally

India, Jan. 19 -- HRtech startup Darwinbox has raised $15 Mn funding led by Salesforce Ventures, the investment arm of global SaaS giant Salesforce, to expand its global footprint and accelerate entry... Read More

WhatsApp Doubles Transactions In December; PhonePe Takes UPI Market Lead

India, Jan. 19 -- Despite launching in November 2020, Facebook-owned WhatsApp Payments (WhatsApp Pay) has managed to double its UPI transactions volume in December 2020, even as PhonePe and Google Pay... Read More

Flipkart, Amazon Likely To See Major Impact From India's New Ecommerce FDI Rules

India, Jan. 19 -- After the major setback that was the Press Note 2 in 2018, India's ecommerce marketplace giants Flipkart and Amazon India are expected to be hit by another round of changes in the fo... Read More

India's IT Ministry Tells WhatsApp To Withdraw Privacy Policy Changes, Questions Double Standards

India, Jan. 19 -- The Indian government has reportedly asked WhatsApp to withdraw the recent updates to its privacy policy, which affect how WhatsApp shares data with Facebook for certain communicatio... Read More

Will INR 1000 Cr Startup India Seed Fund Boost New Startup Launches After Decline In 2020?

India, Jan. 18 -- Nearly a year after indicating that the government is working on a seed fund for startups, Prime Minister Narendra Modi announced the launch of the INR 1,000 Cr 'Startup India Seed F... Read More

Udayy Raises $2.5 Mn From Alpha Wave, Info Edge Ventures To Expand Live Learning Platform

India, Jan. 18 -- Edtech platform Udayy, which offers live learning courses for children in grades 1 to 5, has raised $2.5 Mn in its seed funding round led by Alpha Wave Incubation (AWI), managed by F... Read More