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Swiggy Enters The Cauldron

India, Feb. 9 -- After a spell of running with the bulls, Swiggy is grappling with bears. The stock fell below its issue price this week and the pre-IPO concerns around overvaluation are finally playi... Read More


ONDC Paving Way For Digital Payment Revolution

India, Feb. 9 -- India's digital ecosystem is going through a dynamic shift with the introduction of the Open Network for Digital Commerce (ONDC). This seminal initiative that is led by the Indian gov... Read More


Dhan Eyes Up To $150 Mn Funding At A Unicorn Valuation

India, Feb. 8 -- Trading platform Dhan's parent Raise Financial Services is reportedly in discussions with private equity (PE) firm ChrysCapital and two other US-based investors to raise $100 Mn to $1... Read More


Zaggle To Pick Up Additional 17% Stake In Mobile Technologies

India, Feb. 8 -- Listed fintech SaaS company Zaggle's board has approved the acquisition of an additional 16.67% stake in digital payments service provider Mobileware Technologies Private Limited in a... Read More


FirstCry Shut 38 Stores In Q3, To Invest INR 300 Cr In Subsidiary

India, Feb. 8 -- Kids-focussed omnichannel retailer FirstCry will infuse about INR 300 Cr in its wholly owned subsidiary, Digital Age Retail Private Limited (DARP), which is engaged in retail trade of... Read More


Cabinet Approves Continuation Of Skill India Scheme With INR 8.8K Cr Outlay

India, Feb. 8 -- The Union Cabinet has approved continuation and restructuring of the "Skill India Programme" till 2026 with an outlay of INR 8,800 Cr. "This approval underscores the government's com... Read More


Stop Chasing Clicks: Surviving In A Zero-Click World

India, Feb. 8 -- Remember the days when searching for anything online felt like embarking on a treasure hunt? You'd enter your query, sift through hundreds of links, and unearth the nugget of informat... Read More


FirstCry Narrows Q3 Loss By 69% To INR 15 Cr

India, Feb. 8 -- Kids-focussed omnichannel retailer FirstCry's consolidated net loss narrowed 69.5% to INR 14.78 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 48.41 Cr in the y... Read More


MobiKwik Gets Board Nod To Set Up New Units Amid Plans To Foray Into Insurance Distribution

India, Feb. 8 -- Fintech company MobiKwik has received approval from its board to incorporate and invest in one or more wholly-owned subsidiaries as it explores new avenues to expand its business. "T... Read More


Mosaic Wellness' FY24 Revenue Surges 60% To Cross INR 300 Cr Mark

India, Feb. 8 -- Health and wellness startup Mosaic Wellness saw its consolidated operating revenue zoom 60% to cross the INR 300 Cr mark in the financial year 2023-24 (FY24). It posted revenue from o... Read More