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Inside The Microdrama Boom Fueling India's Next OTT Wave

India, May 30 -- It starts with a swipe. A woman slaps her cheating husband. A man discovers he has 24 hours to live. A child uncovers a family secret. It's dramatic, messy, yet addictive, and all it ... Read More


OYO To Rename Parent Entity, Seeks Suggestions From Public

India, May 30 -- OYO founder and chief executive officer Ritesh Agarwal has sought name suggestions for its parent entity Oravel Stays Limited as it prepares for an initial public offering (IPO). Aga... Read More


Nykaa Q4: Profit More Than Doubles YoY To INR 19.1 Cr

India, May 30 -- BPC major Nykaa's consolidated net profit surged 110% to INR 19.1 Cr in Q4 FY25 from INR 9.1 Cr in the year-ago period. However, on a quarter-on-quarter (QoQ) basis, the company's bot... Read More


Exclusive: Mobility Startup Chalo Raises INR 53 Cr From Cofounders, Others

India, May 30 -- Lightrock-backed bus technology platform Chalo Mobility has raised INR 52.5 Cr (about $6.1 Mn) in a funding round, which was a mix of equity and debt, from existing investor Filter Ca... Read More


Centre Likely To Release Crypto Regulation Paper In June: Report

India, May 30 -- The Indian government will likely release a detailed discussion paper on the policy framework options for crypto assets in June. An ET report, citing people close to the matter, said... Read More


Flipkart Focussing On Market Share Over Profitability: Walmart Int'l CEO

India, May 30 -- Walmart International CEO Kathryn McLay has said that the retail giant's India ecommerce arm, Flipkart, will not prioritise profitability over market share and future growth. "We're ... Read More


KiranaPro Buys Likeo To Power Virtual Trial Room Experience For Its Gen Z Fashion App Users

India, May 30 -- Quick commerce platform KiranaPro has bought Likeo, an AI-powered platform which specialises in virtual try-on technology driven with its augmented reality tech stack, in an all-stock... Read More


Ola Electric Shares Crash 10% After Q4 Results

India, May 30 -- Shares of Ola Electric slumped as much as 9.7% to INR 48.07 during early trading hours on the BSE today, after the company reported its Q4 FY25 financial results. However, by 11:35 A... Read More


Meet The 10 Indian AI Startups Selected For Global Acceleration Programme

India, May 30 -- The IndiaAI Mission, under the Ministry of Electronics and Information Technology (MeitY), has picked 10 homegrown AI startups for the IndiaAI Startups Global Initiative, an internati... Read More


Cloud Payments Made To AWS Are Not Taxable As Royalty Or Technical Fees: Delhi HC

India, May 30 -- The Delhi High Court has reportedly ruled that payments received by Amazon Web Services (AWS) from Indian entities for cloud computing services are not taxable as royalty or fees for ... Read More