Exclusive

Publication

Byline

Location

Ola Extends Zero Commission Model To Cab Drivers: Report

India, June 13 -- Ride-hailing platform Ola has reportedly rolled out a software-as-a-service (SaaS)-based zero commission model for its cab drivers. This comes at a time when Ola's rivals Rapido and... Read More


PhonePe Offloads 5% Stake In MapmyIndia For INR 486 Cr

India, June 12 -- Fintech major PhonePe has offloaded a 5% stake in geotech major MapMyIndia via an open market transaction for INR 486.03 Cr. As per BSE data, the digital payments major offloaded 27... Read More


Polygon Cofounder Sandeep Nailwal Takes Over As CEO

India, June 12 -- L2 blockchain startup Polygon's cofounder Sandeep Nailwal will take over as the chief executive officer (CEO) of Polygon Foundation, which supervises Polygon Labs and other entities.... Read More


Pine Labs To File DRHP For Up To $700 Mn IPO By June-End

India, June 12 -- Gearing up for its initial public offering (IPO) later this year, Peak XV-backed fintech unicorn Pine Labs reportedly plans to file its draft red herring prospectus (DRHP) with the S... Read More


Meesho's Confidential Route To IPO, Q-Comm Platforms Under Lens & More

India, June 12 -- Meesho Takes The Confidential IPO Route Meesho is accelerating its public listing. The ecommerce unicorn is likely to file its DRHP with SEBI in the coming weeks via the confidentia... Read More


OpenAI Eyes $40 Bn Funding From Reliance, Others: Report

India, June 12 -- ChatGPT maker OpenAI is reportedly in talks with Reliance Industries, Saudi Arabia's Public Investment Fund (PIF) and existing shareholder United Arab Emirates' MGX for its $40 Bn fu... Read More


How Kunal Shah-Backed Mainstreet Hung Up Its Shoes

India, June 12 -- Mainstreet Marketplace, once a rising star in India's vibrant sneaker and streetwear scene, is now facing a severe crisis. The startup, which started as a YouTube channel by Vedant L... Read More


Why Kunal Shah-Backed Mainstreet Hung Up Its Shoes

India, June 12 -- Mainstreet Marketplace, once a rising star in India's vibrant sneaker and streetwear scene, is now facing a severe crisis. The startup, which started as a YouTube channel by Vedant L... Read More


WestBridge Joins Spinny's Captable With $30 Mn Funding

India, June 12 -- Used-car marketplace unicorn Spinny has raised an additional $30 Mn (around INR 256 Cr) from new investor WestBridge Capital in its Series F funding round. With this fundraise, the ... Read More


Spinny Bags $30 Mn From WestBridge, Closes Round At $170 Mn

India, June 12 -- Used-car marketplace unicorn Spinny has raised $30 Mn (around INR 256 Cr) from WestBridge Capital to close its Series F funding round at $170 Mn. Sources told Inc42 that the funding ... Read More