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BimaPay Nets $2 Mn To Offer Tech-Based Insurance Solutions

India, May 14 -- Insurtech startup BimaPay has secured $2 Mn (around INR 16.7 Cr) in an undisclosed funding round led by LC Nueva Investment Partners. The startup plans to deploy the fresh proceeds t... Read More


Amid Surge In SME IPOs, SEBI Mulls Tighter Norms For Such Listings

India, May 14 -- At a time when the public listings on the SME platforms of the BSE and the NSE are on the rise, the Securities and Exchange Board of India (SEBI) is reportedly looking to tighten the ... Read More


Urban Company Profitable Before Tax In April 2024: CEO Abhiraj Bhal

India, May 14 -- Hyperlocal services startup Urban Company turned profitable before tax (PBT) in April 2024, as per its cofounder and CEO Abhiraj Singh Bhal. In a post on LinkedIn on Monday (May 13),... Read More


Now, Tata Play to Offer Amazon Prime Benefits, Multiple OTT Apps

India, May 14 -- Direct-to-home (DTH) company Tata Play has inked a pact with Amazon Prime to enhance offerings for its Tata Play DTH and Tata Play Binge customers. This includes Prime Video's content... Read More


Highperformr.AI Bags $3.5 Mn To Give An AI Boost To B2B Marketing

India, May 14 -- Highperformr.AI, a marketing SaaS startup floated by former Freshworks executives Ramesh Ravishankar and Srivatsan Venkatesan, has raised $3.5 Mn (INR 29.2 Cr) in a seed funding round... Read More


Make Payments Without PIN: Paytm To Focus On UPI Lite Wallet For Low-Value Transactions

India, May 14 -- One97 Communications, the parent entity of fintech major Paytm, is now planning to shift its focus to unified payments interface (UPI) Lite wallet aimed at catering to users who prefe... Read More


Compliance With Consumer Review Norms To Be Made Mandatory For Ecommerce Platforms

India, May 14 -- The union government plans to make it mandatory for ecommerce platforms to comply with quality consumer review norms to curb the problem of fake reviews. News agency PTI cited consum... Read More


Zomato Shares Decline 6% After Q4 Results

India, May 14 -- Despite posting higher profits quarter-on-quarter for Q4 FY24, Zomato shares slipped by 6% to INR 182.10 on Tuesday (May 14). At 12:20 PM on Tuesday, Zomato was trading at INR 189.20... Read More


Flipkart Mulling Reverse Flip To India With IPO On The Horizon

India, May 13 -- Ecommerce major Flipkart has initiated talks to redomicile its parent entity to India from Singapore, ET reported. One of India's most prominent technology startups and valued at app... Read More


Now, Hero MotoCorp Joins ONDC To Sell Two-Wheeler Parts & Accessories Online

India, May 13 -- Automobile giant Hero MotoCorp has joined the Open Network for Digital Commerce (ONDC) in a bid to further bolster its reach and enhance customer convenience. The company announced t... Read More