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Flipkart's NBFC Booster Shot

India, June 8 -- More than a year ago, when we unpacked Flipkart's fintech ambitions, we never expected this new vertical to become the focal point for Flipkart. But now, with an NBFC licence, the eco... Read More


From Snitch To Stable Money - Indian Startups Raised $134 Mn This Week

India, June 7 -- The volatility in the funding trends across the Indian startup ecosystem continued in the first week of June. After plunging significantly in the last week of May, investment activity... Read More


NCLAT Quashes BYJU'S Appeal In Aakash Shareholding Dispute

India, June 7 -- The National Company Law Appellate Tribunal (NCLAT) has dismissed a plea filed by BYJU'S challenging an interim order which asked to maintain a status quo on the insolvency-ridden edt... Read More


Nandan Nilekani Commits Second Grant To AI4Bharat

India, June 7 -- Infosys cofounder Nandan Nilekani has committed a second multi-year grant to AI4Bharat, a language AI project at IIT Madras. The funds aim to expand the group's work on building open-... Read More


Can Myntra Dominate Singaporean Streets With Desi Styles?

India, June 7 -- Nearly two decades after its incorporation in 2007, Myntra announced last month that it marked its first international foray under the new 'Myntra Global' banner. The fashion ecommerc... Read More


Can Myntra Dominate Singapore Streets With Desi Styles?

India, June 7 -- Nearly two decades after its incorporation in 2007, Myntra announced last month that it marked its first international foray under the new 'Myntra Global' banner. The fashion ecommerc... Read More


CCPA Asks Ecommerce Players For Self-Audit To Detect Dark Patterns

India, June 7 -- The Central Consumer Protection Authority (CCPA) has issued an advisory to all ecommerce firms to take necessary steps to ensure that their platforms do not engage in deceptive and un... Read More


Lenskart Turns Into A Public Entity Ahead Of Its IPO

India, June 7 -- Omnichannel eyewear giant Lenskart has converted into a public entity, as it lines up plans for its initial public offering (IPO). In an extraordinary meeting called on May 30, Lensk... Read More


Nazara Completes Acquisition Of Smaaash For INR 126 Cr

India, June 7 -- Gaming major Nazara Technologies on Friday (June 6) announced that it has completed the acquisition of insolvency-ridden sports entertainment startup Smaaash Entertainment. The acqui... Read More


Ravi Iyer Named CFO Of Flipkart's Marketplace Biz

India, June 7 -- In a major top-level rejig, IPO-bound ecommerce major Flipkart has reportedly elevated Ravi Iyer to the role of the chief financial officer (CFO) of the company's marketplace arm. As... Read More