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Posha Secures $8 Mn To Automate Home Cooking

India, May 7 -- Kitchen assistance robot maker Posha (formerly known as Nymble Labs) has raised $8 Mn (around INR 67 Cr) in a Series A funding round led by Accel. The round also saw participation fro... Read More


Bira Parent Delays Interest Payouts To Debt Investments Made Via KredX: Report

India, May 7 -- B9 Beverages Ltd, which owns craft beer brand Bira91, has reportedly delayed interest payouts to some of its debt investors through supply chain financing platform KredX. A retail inv... Read More


CarTrade Q4 Profit Jumps 85% YoY To INR 46 Cr

India, May 7 -- Online classifieds and auto auction platform CarTrade's consolidated net profit zoomed 85% to INR 46.1 Cr in the March quarter of the fiscal year 2024-25 (Q4 FY25) from INR 24.9 Cr in ... Read More


MDR On UPI Transactions Can Increase Competition: Paytm CEO

India, May 7 -- Paytm founder and CEO Vijay Shekhar Sharma said that the introduction of merchant discount rate (MDR) on UPI payments will result in a rise in revenue for the fintech major but also ha... Read More


Exclusive: Zomato Puts 50:50 Refund Sharing With Restaurants On Hold

India, May 7 -- Weeks after launching a policy asking restaurant partners to share 50% of refund costs, foodtech major Zomato has now put the policy on hold. Zomato rolled out the new policy over the... Read More


IndiaAI Mission: Govt Shortlists 7 Companies For Second Round Of GPU Tender

India, May 7 -- The Ministry of Electronics and Information Technology (MeitY) has reportedly shortlisted seven companies, including Amazon Web Service (AWS), Oracle and Google Cloud for the second ro... Read More


Jabil Planning To Expand AirPods Enclosure Production In India With New Plant

India, May 6 -- As Apple looks to diversify its supply chain beyond China, its supplier Jabil is reportedly planning to expand production of AirPods enclosures in India by adding a second facility. S... Read More


Delhi HC Junks RCB's Plea Against Uber Ad

India, May 6 -- The Delhi High Court has dismissed a plea by Royal Challengers Bengaluru, seeking an interim injunction against an advertisement of Uber Moto that was claimed to be disparaging to the ... Read More


Ather Energy Shares List At 2% Premium Over IPO Price

India, May 6 -- Electric two-wheeler maker Ather Energy Ltd made its stock market debut today, with its shares listing at a 1.57% premium on the BSE. Ather's shares debuted at INR 326.05 apiece over t... Read More


Govt Sets Up Panel To Review Copyright Law Amid Rise In AI-Related Disputes

India, May 6 -- The Centre has reportedly set up a panel to review existing copyright law amid a rise in artificial intelligence (AI)-related disputes. The Union commerce ministry established a commi... Read More