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Inside Pepperfry's Descent: What Drove Furniture Marketplace To A Distress Sale

India, Sept. 27 -- A major development shook India's new-age furniture marketplace last week. Once hailed as the poster child of online furniture retail, Pepperfry is being acquired in what appears to... Read More


Meta VS CCI: NCLAT Reserves Order For Further Deliberation

India, Sept. 27 -- The National Company Law Appellate Tribunal (NCLAT) has reserved its order on the appeals filed by social media company Meta and WhatsApp, challenging the Competition Commission of ... Read More


ONDC To Likely Rope In Paytm's Rohit Lohia As CBO

India, Sept. 27 -- Rohit Lohia, senior vice-president at Paytm, will reportedly join the state-backed Open Network for Digital Commerce (ONDC) as its new chief business officer (CBO), as per a Moneyco... Read More


Govt Weighs Easing Export Rules For Amazon, Other Ecommerce Giants

India, Sept. 26 -- In an attempt to ease foreign investment rules, the government has reportedly drafted a proposal to allow ecommerce multinationals like Amazon to purchase goods directly from Indian... Read More


Flipkart Gets Singapore Court's Nod To Reverse Flip To India

India, Sept. 26 -- IPO-bound ecommerce major Flipkart has reportedly received in-principle approval from a Singapore court to reverse flip back to India. Sources told TechCrunch that the company is i... Read More


Cashfree's FY25 Loss Widens 14% To INR 154 Cr As Revenue Slips

India, Sept. 26 -- Fintech soonicorn Cashfree Payments' net loss for the fiscal year FY25 widened 14% to INR 154.1 Cr from INR 135 Cr in FY24 at the behest of flattening of its top line and slight inc... Read More


CCPA Penalises FirstCry For Misleading Ads & Unfair Trade Practices

India, Sept. 26 -- The Central Consumer Protection Authority (CCPA) has imposed a penalty of INR 2 Lakh on FirstCry subsidiary Digital Age Retail Pvt Ltd for "false and misleading price representation... Read More


Zappfresh IPO: Issue Subscribed 21% On Day 1

India, Sept. 26 -- The BSE SME IPO of meat delivery company Zappfresh (DSM Foods) received a lukewarm response on the first day of bidding and was subscribed 21% on the first day of bidding. As per C... Read More


OYO-Owned Innov8's Profit Plunges 97% To INR 1 Cr

India, Sept. 26 -- Managed workspaces provider Innov8, erstwhile OYO Workspaces India Pvt Ltd, saw its bottom line take a hit in FY25 on the back of surging expenses. The company's profit after tax (P... Read More


Simpl In RBI's Crosshairs, Amazon's New Gamble & More

India, Sept. 26 -- Simpl In RBI's Crosshairs Simpl is grappling with an existential crisis. The Reserve Bank of India (RBI) has directed the buy-now-pay-later (BNPL) platform to cease all payment-rel... Read More