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Moneyview Joins IPO Rush, Taps Bankers For INR 3,400 Cr Issue

India, May 13 -- Fintech unicorn Moneyview is the latest new-age tech startup to join the frenetic rush to launch an initial public offering, as it looks to capitalise on the maturing Indian startup e... Read More


Groww Settles SEBI Case By Paying INR 34 Lakh

India, May 13 -- IPO-bound invest tech startup Groww has settled a case pertaining to technical glitches with SEBI by paying INR 34.1 Lakh. The case originated from a technical glitch that Groww's br... Read More


India-Pakistan Ceasefire: Will Travel Platforms Get Relief From Cancellation Spree?

India, May 13 -- India's travel tech and online ticketing agent startups and listed giants such as MakeMyTrip, ixigo, Easemytrip, Cleartrip and others expect a hit on their revenues and a slowdown in ... Read More


ONDC COO Vibhor Jain Takes Charge As Acting Chief Executive

India, May 13 -- Amid rumblings in its top deck, state-backed network ONDC has announced that its current COO Vibhor Jain will be taking up the role of acting CEO with immediate effect. While the netw... Read More


Curefoods Buys Pan-India Rights For Krispy Kreme

India, May 13 -- Bengaluru-based cloud kitchen startup Curefoods has acquired pan-India rights for the doughnut and coffee brand Krispy Kreme. With this move, Curefoods will expand its presence into ... Read More


Leadership Shake Up At Flipkart As Four Senior Executives Quit

India, May 13 -- Amid public listing plans, Walmart-owned Flipkart has been witnessing a major leadership shake-up. At least four executives, including a senior vice president (SVP) and three other vi... Read More


Swiggy Shares Slump 7% To Hit All-Time Low

India, May 13 -- Shares of Swiggy slumped 7.33% to hit an all-time low of INR 297 apiece on the BSE today, following the expiry of the six-month lock-in period for non-promoter, pre-IPO investors. Th... Read More


IndiaAI Mission: Centre Receives Bids Offering 18K GPUs In Second Round

India, May 13 -- For the second round of graphics processing unit (GPU) tender under the IndiaAI mission, the central government has reportedly received bids to propose 18,000 GPUs but 15,000 will be ... Read More


Flipkart Likely To Limit 'Minutes' Expansion To Rein In Costs: Report

India, May 13 -- Walmart-owned ecommerce giant Flipkart is reportedly planning to limit expansion of its quick commerce unit, Flipkart Minutes, to the top six to eight cities to reduce cash burn. "Mo... Read More


Amazon-Backed More Retail Plans To Raise INR 2,000 Cr Via IPO: Report

India, May 13 -- Supermarket retailer More Retail is reportedly planning to raise around INR 2,000 Cr through its public listing, which is expected to take place next year. An ET report, citing More ... Read More