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Exclusive: Reliance-Backed Dunzo Admitted Into Insolvency

India, Sept. 4 -- The Bengaluru bench of the National Company Law Tribunal (NCLT) has admitted an insolvency plea against Reliance-backed startup Dunzo. The plea has been filed by one of its vendors, ... Read More


Zomato, Swiggy Deliveries To Get Costlier With New 18% GST

India, Sept. 4 -- India's food delivery and quick commerce companies are staring at higher costs after the GST Council decided to impose an 18% tax on delivery fees under the new Goods and Services Ta... Read More


GST Council Retains 5% Tax Slab For All EVs

India, Sept. 4 -- In a major relief for electric vehicle (EV) manufacturers and buyers, the goods and services tax (GST) council on Wednesday (August 3) retained the 5% tax rate on pure electric vehic... Read More


Leap India IPO: Flat Profit To Create Dilemma For Investors?

India, Sept. 4 -- Banking on the Indian startup IPO frenzy, logistics tech provider Leap India has now set sail for D-Street. The 2013-founded company filed its Draft Red Herring Prospectus (DRHP) las... Read More


FirstClub Bags $23 Mn To Open Dark Stores, Launch Cafes

India, Sept. 4 -- Quick commerce platform FirstClub has raised $23 Mn (around INR 203 Cr) in its Series A round co-led by existing backers Accel and RTP Global at a valuation of $120 Mn (INR 1,050 Cr)... Read More


boAt In The Black, Rethinking Platform Fees & More

India, Sept. 4 -- boAt Roars Back To Profits After a two-year gap, IPO-bound boAt returned to profitability in FY25. The consumer electronics giant's comeback was driven less by soaring sales and mor... Read More


Amazon Completes Fintech Startup axio's Acquisition

India, Sept. 4 -- Ecommerce giant Amazon has completed the acquisition of digital lending startup axio (formerly Capital Float) eight months after it entered into a definitive agreement. In a stateme... Read More


Reveal Healthtech Raises $7.2 Mn To Boost AI-Led Clinical Solutions

India, Sept. 4 -- AI-driven healthcare platform Reveal Healthtech has raised $7.2 Mn (around INR 63 Cr) in Series A funding round led by Leo Capital with participation from Sanos Capital. Founded in ... Read More


SoftBank Offloads 2.15% Stake In Ola Electric

India, Sept. 4 -- Japanese investor SoftBank has decreased its holding in Ola Electric by selling 9.4 Cr equity shares, amounting to 2.15% of the company's total share capital, via a series of open ma... Read More


BlueStone Q1: Loss Narrows 41% YoY To INR 35 Cr

India, Sept. 4 -- In its first financial disclosure after becoming a listed entity, jewellery brand BlueStone reported a 41% decline in its consolidated net loss to INR 34.7 Cr in Q1 FY26 from INR 59.... Read More