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Rapido Enters Swiggy-Zomato Lane, Ola Electric's Missing Pieces & More

India, June 10 -- Rapido Enters Swiggy-Zomato Lane Taking on the Goliaths Zomato and Swiggy, ride-hailing unicorn Rapido is all set to introduce its food delivery platform, Ownly, in partnership with... Read More


ChatGPT Users Face Widespread Outage Globally, Including India

India, June 10 -- Open AI's GenAI chatbot ChatGPT is down for thousands of users across the globe, including India. Users across the world reported about the disruption somewhere around 12 PM. Accord... Read More


Former ShareChat Executives' Microdrama App Flick TV Bags $2.3 Mn

India, June 10 -- Noida-based microdrama OTT platform Flick TV has raised $2.3 Mn (INR 19.7 Cr) in a seed funding round led by Stellaris Venture Partners, with participation from Gemba Capital and Tit... Read More


Former ShareChat Executive's Microdrama App Flick TV Bags $2.3 Mn

India, June 10 -- Noida-based microdrama OTT platform Flick TV has raised $2.3 Mn (INR 19.7 Cr) in a seed funding round led by Stellaris Venture Partners, with participation from Gemba Capital and Tit... Read More


BigBasket Launches 10-Minute Food Delivery Service To Take On Blinkit, Zepto

India, June 10 -- Tata-owned BigBasket is planning to launch its 10-minute food delivery service across India by the end of financial year ending March 2026 (FY26). The company is currently piloting ... Read More


How Finhaat Is Bringing Insurance And Wealth Creation To India's Rural & Semi-Urban Markets

India, June 10 -- On a sweltering afternoon, an Indian farmer stares at his parched, cracked field. Months of effort have been undone due to an erratic monsoon. Elsewhere, relentless downpours trigger... Read More


Wow! Momo Raises INR 85 Cr Debt From Stride Ventures

India, June 10 -- Kolkata-based QSR chain Wow! Momo has raised INR 85 Cr (around $9.9 Mn) debt from Stride Ventures as it looks to strengthen its omnichannel strategy and expand presence in the FMCG v... Read More


BYJU'S-Owned US Firms Sold At Knockdown Prices

India, June 10 -- Two edtech firms bought by BYJU'S during its US stint were reportedly sold off by the group of lenders who had sued it for a repayment of $1.2 Bn term loan B (TLB). In a bid to sett... Read More


India's Sovereign AI Dream: Decoding The Market Opportunity, State Of Regulations

India, June 10 -- The AI revolution has grabbed the attention of every major economy worldwide, and even though India has signalled its intention to forge its own AI future, the path taken by Indian s... Read More


CRED Raises $72 Mn In A Down Round From GIC, Others

India, June 10 -- Kunal Shah-led fintech unicorn CRED has raised INR 617 Cr (about $72 Mn) in a down round led by Singapore sovereign wealth fund GIC's Lathe Investment. In what appears to be a Serie... Read More