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Exclusive: Matiks Raises $3.1 Mn To Scale Maths-Based Gaming Platform

India, Aug. 26 -- Maths-focussed mobile gaming platform Matiks has raised $3.1 Mn (about INR 27 Cr) in its pre-Series A round led by Tanglin Ventures. The round also saw participation from Info Edge ... Read More


Former Leap Execs' Quick Commerce Startup Peeko Nets $3.2 Mn

India, Aug. 26 -- Former Leap Finance executives' babycare-focussed quick commerce venture, Peeko, has emerged out of stealth mode and raised $3.2 Mn (INR 28 Cr) in its seed round led by Stellaris Ven... Read More


Bernstein Bullish On Paytm, Hikes Target Price To INR 1,200

India, Aug. 26 -- Brokerage firm Bernstein has raised its target price for Paytm's parent entity One97 Communications to INR 1,200 from INR 1,100, while maintaining an 'outperform' rating and describi... Read More


From Speed To Strategy: Industry Leaders Reveal What's Powering The Next Wave Of Consumer Brands

India, Aug. 26 -- Today, consumer brands are navigating a high-stakes market unlike any before. As the bar rises, they must deliver top-tier products and quickly create personalised experiences, effor... Read More


BluSmart Insolvency: 200 Applicants Stake Claims Worth INR 500 Cr For Assets

India, Aug. 26 -- Nearly a month after the Ahmedabad bench of the National Company Law Tribunal (NCLT) had admitted an insolvency plea against BluSmart over unpaid financial obligations totalling INR ... Read More


Ola Electric Shares Rally 7% On PLI Nod For Gen 3 Scooters

India, Aug. 26 -- Shares of electric vehicle major Ola Electric jumped as much as 7% to INR 52 apiece during the intraday trading session on the BSE today. The rally came after the company secured PLI... Read More


Harajuku Tokyo Cafe Nets INR 19 Cr To Scale Its Japanese Dining Chain

India, Aug. 26 -- Japanese-themed dining chain Harajuku Tokyo Cafe has raised INR 19 Cr ($2 Mn) in its seed round led by Indian Angel Network. The "structured investment" round also saw participation ... Read More


Eternal Gets INR 40 Cr Tax Demand Notice

India, Aug. 26 -- Eternal Limited, the parent company of Zomato, has been served with three orders by the Goods and Services Tax (GST) department, raising a demand of more than INR 40 Cr. The orders, ... Read More


Paytm To Invest INR 455 Cr In Subsidiaries, Shuts RMG Operations

India, Aug. 26 -- In a bid to bolster its revenue streams, fintech giant Paytm's board has approved an investment of INR 300 Cr in its investment tech subsidiary, Paytm Money. In an exchange filing, ... Read More


Govt Weighs Inventory-Led Ecommerce Framework To Drive Exports: Report

India, Aug. 26 -- In an effort to spur international trade, the government is reportedly weighing the option of permitting inventory-led ecommerce models for exports. An NDTV report, citing sources, ... Read More