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Shiprocket To File DRHP Via Confidential Route For INR 2,500 Cr IPO

India, May 19 -- Logistics unicorn Shiprocket reportedly plans to file its draft red herring prospectus (DHRP) with the Securities and Exchange Board of India (SEBI) via the confidential pre-filling r... Read More


Elevation Capital Offloads ixigo Shares Worth INR 38.27 Cr

India, May 19 -- VC firm Elevation Capital, formerly SAIF Partners India, has offloaded more than 21.5 Lakh shares of online travel aggregator (OTA) ixigo in a block deal worth INR 38.27 Cr. As per B... Read More


Uber Users Can Now Buy Delhi Metro Tickets Within The App

India, May 19 -- Ride-hailing major Uber has partnered with the state-backed Open Network for Digital Commerce (ONDC) to offer metro ticketing facility through its app. With this partnership, Uber us... Read More


BYJU'S Vs Lenders, New-Age Tech Stocks Rebound & More

India, May 19 -- Byju Raveendran Bares It All For the first time since BYJU'S was thrust into turmoil three years ago, cofounder Byju Raveendran has publicly broken his silence on what transpired at ... Read More


magicNOW Contributes 13% To magicpin's Overall Food Delivery Orders: Anshoo Sharma

India, May 19 -- magicpin's founder and chief executive Anshoo Sharma today said that its rapid delivery arm magicNOW currently contributes 13% to the overall food delivery orders of the hyperlocal de... Read More


Arbitral Award Against OYO On Dispute With Zostel Flouts Public Policy: Delhi HC

India, May 19 -- The Delhi High Court has reportedly said that the arbitral award passed in 2021 against hospitality major OYO on its dispute with rival Zostel Hospitality violated public policy as it... Read More


Myntra Enters Singapore To Target Indian Diaspora In Its Second Global Push

India, May 19 -- Myntra has gone live in Singapore, becoming the first international market under Myntra Global - the ecommerce marketplace's programme to launch operations in countries outside India.... Read More


Exclusive: Oxyzo Raises INR 533 Cr Debt From Neo Group, Others

India, May 19 -- Fintech unicorn Oxyzo, the lending arm of IPO-bound B2B ecommerce startup OfBusiness, has secured INR 533 Cr (around $62.4 Mn) in a debt funding round led by Neo Group. The Ruchi Kal... Read More


Euler Motors Bags INR 638 Cr From Hero MotoCorp, BII

India, May 19 -- Electric commercial vehicle manufacturer Euler Motors has secured INR 638 Cr (around $75 Mn) as a part of its Series D funding round led by Hero MotoCorp, along with participation fro... Read More


Delhivery Shares Rally 15% After Q4 Results

India, May 19 -- Shares of logistics giant Delhivery soared 14.6% to INR 367.90 apiece during the intraday trading session on the BSE today, following its strong financial performance in the fourth qu... Read More