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Exclusive: Swiggy Suspends Delivery Service Genie

India, May 3 -- Foodtech major Swiggy has suspended its delivery service 'Swiggy Genie' across cities. The service, which was live in nearly 70 cities across India, is not being shown on Swiggy app at... Read More


Ather IPO: IIT Madras To Make 40X Gains, Tiger Global To Rake In 8.3X Returns

India, May 3 -- EV major Ather Energy's cofounders Tarun Mehta and Swapnil Jain are set to rake in 15.2X returns each by selling a portion of their shares in the company as part of offer for sale (OFS... Read More


Patent Infringement Case: Finland's Oura Scores Initial Victory Against Ultrahuman

India, May 3 -- Finland-based smart ring company Oura has won a preliminary legal victory against Bengaluru-based smart ring and health monitoring device manufacturer Ultrahuman in a patent infringeme... Read More


Amazon Challenges Delhi HC's Trademark Infringement Verdict

India, May 3 -- Amazon has now moved the division bench of the Delhi High Court, challenging its single-judge order that asked the company to pay damages worth INR 339.3 Cr to Lifestyle Equities for a... Read More


From HexaHealth To Anveshan - Indian Startups Raised $55 Mn This Week

India, May 3 -- The ghosts of alleged financial mismanagement and corporate governance lapses continued to dent private investor sentiment in the world's third largest startup ecosystem this week. Bet... Read More


How FreshMenu Bounced Back From Near Collapse To Hit INR 150 Cr Revenue

India, May 2 -- Long before Travis Kalanick, cofounder and former chief executive of Uber, acquired a controlling stake in CloudKitchens in 2018, a Bengaluru-based startup was making waves, whipping u... Read More


SEBI Relaxes Regulations For Stock Brokers To Operate From GIFT City

India, May 2 -- With an eye on spurring the ease of doing business in Gujarat International Finance Tec-City (GIFT), SEBI today exempted regulated stock brokers from seeking prior approval before unde... Read More


ONDC Again Delays Network Fee Implementation

India, May 2 -- The state-backed Open Network for Digital Commerce (ONDC) has again postponed its planned network fee for seller apps. The fee will now be collected from July 1. The move follows the ... Read More


Ola Electric Issues Clarification After Report Says Company Under SEBI Lens

India, May 2 -- Bhavish Aggarwal-led Ola Electric has rejected a media report that claimed that markets regulator SEBI is probing the electric mobility startup over allegations of insider trading. In... Read More


Need Common Legislation To Regulate Digital & Linear Media: TRAI Chief

India, May 2 -- Telecom Regulatory Authority of India (TRAI) chairman Anil Kumar Lahoti has reportedly underscored the need for further regulating online content. Speaking at the World Audio Visual &... Read More