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End Of An Era: Inside Gaurav Munjal's Exit From Unacademy

India, May 28 -- To call the exit of Unacademy cofounders Gaurav Munjal and Roman Saini a second seismic shift in India's edtech ecosystem - after the BYJU'S downfall, of course - would be no exaggera... Read More


CCI Greenlights Jumbotail's Proposal To Acquire Solv India

India, May 28 -- The Competition Commission of India (CCI) has cleared a multi-layered deal involving B2B marketplace Jumbotail Technologies' proposed acquisition of Solv India. The CCI said in a sta... Read More


Centre Asks Ecommerce Players To Proactively Eliminate Dark Patterns

India, May 28 -- Amid rising complaints about dark patterns being employed by online platforms, consumer affairs minister Pralhad Joshi has asked ecommerce companies to conduct self audits to analyse ... Read More


IFC Commits $30 Mn To L Catterton's $600 Mn India Fund

India, May 28 -- The International Finance Corporation (IFC), the private investment arm of the World Bank, has proposed a $30 Mn infusion in India-focussed consumer fund launched by L Catterton Asia ... Read More


Trust Fintech's Profit Declines 28% To INR 9 Cr In FY25

India, May 28 -- Fintech SaaS company Trust Fintech's standalone net profit declined 28% to nearly INR 9 Cr in the financial year 2024-25 (FY25) from INR 12.57 Cr in the previous fiscal. In the secon... Read More


Can Bira 91 Reclaim Its Crown? CARS24 Axes 120 Jobs & More

India, May 28 -- Why Dropping 'Private' Sent Bira 91 Into A Tailspin What's there in a name, goes the old adage. Well, in the case of Bira 91 - everything. A mere change in the name has taken the bra... Read More


Can Bira 91 Reclaim Its Crown?, CARS24 Axes 120 Jobs & More

India, May 28 -- Why Dropping 'Private' Sent Bira 91 Into A Tailspin What's there in a name, goes the old adage. Well, in the case of Bira 91 - everything. A mere change in the name has taken the bra... Read More


How NEWME Hit Gen Z's Fashion Nerve To Clock INR 180 Cr In 3 Years

India, May 28 -- From the vogue dominating the runways of Paris to the streetwear of Seoul, global fashion trends have long inspired Indians, so much so that what catches on abroad often finds its way... Read More


Exclusive: Pronto In Talks To Raise $12 Mn From General Catalyst, Glade Brook Capital

India, May 28 -- Delhi NCR-based home services startup Pronto, which raised $2 Mn earlier this month, is in advanced discussions with investors to raise about $12 Mn in Series A funding, sources told ... Read More


Exclusive: Lendingkart To Raise INR 100 Cr Debt From InnoVen Capital

India, May 28 -- Fullerton-backed fintech soonicorn Lendingkart is raising INR 100 Cr (around $11.7 Mn) in venture debt from InnoVen Capital. The board of Lendingkart passed a resolution on May 14 to... Read More