Exclusive

Publication

Byline

Location

Can River's Frugal Route Rival Ather, Ola Electric In India's Tight EV Scooter Market?

India, May 21 -- India is decidedly a two-wheeler market when it comes to electric vehicles. A McKinsey report projects that electric two-wheelers will make up 60-70% of new vehicle sales by 2030, but... Read More


Maharashtra's Cab Policy Mandates 10% Fine For Driver Cancellations

India, May 21 -- The Maharashtra Cabinet has finally come out with a government resolution (GR) on the Aggregator Cabs Policy 2025. The policy, approved by the Maharashtra Cabinet, aims at boosting e... Read More


Shiprocket Files Confidential DRHP For INR 2,500 Cr IPO

India, May 21 -- Logistics unicorn Shiprocket has pre-filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), joining the long list of startups taking the... Read More


Pine Labs Converts Into Public Entity In Run-Up To IPO

India, May 21 -- In preparation for its initial public offering (IPO), fintech unicorn Pine Labs has converted into a public company. Shareholders of Pine Labs on May 16 greenlit the proposal to chan... Read More


Jason Kothari's Mythik Bags $15 Mn To Recreate AI-Based Indian Mythology Content

India, May 21 -- Mythik, an AI-powered entertainment startup launched by former Housing.com and Freecharge executive Jason Kothari, has secured $15 Mn (around INR 128.4 Cr) in its seed funding round. ... Read More


India To See Fastest Satcom Rollout In The World: Telecom Minister

India, May 21 -- Telecom minister Jyotiraditya Scindia reportedly said that India will see the fastest rollout of satellite communication (satcom) network in the world. As per news agency PTI, Scindi... Read More


CCI Approves Majority Stake Purchase In Nazara By Plutus, Two Others

India, May 21 -- The Competition Commission of India has approved the proposed acquisition of a majority stake or control over gaming major Nazara Technologies by Axana Estates LLP, Plutus Wealth Mana... Read More


Ex-100X.VC Partners Float New VC Firm 247VC, Launch INR 250 Cr Maiden Fund

India, May 20 -- Former 100X.VC partners Shashank Randev and Yagnesh Sanghrajka have together launched VC firm 247VC and unveiled its first fund with a target corpus of INR 250 Cr ($30 Mn). The fund,... Read More


Former 100X.VC Partners Float 247VC's INR 250 Cr Fund; Focus On Deeptech, Industry 5.0

India, May 20 -- Former 100X.VC partners Shashank Randev and Yagnesh Sanghrajka have together launched VC firm 247VC and unveiled its first fund with a target corpus of INR 250 Cr ($30 Mn). The fund,... Read More


Consumer Court Directs Amazon To Pay INR 40K For Not Delivering INR 100 Rakhi

India, May 20 -- A Mumbai consumer dispute redressal tribunal has directed ecommerce major Amazon to pay a compensation of INR 40,000, inclusive of legal costs, to an aggrieved customer over failure t... Read More