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Hocco Cofounder's D2C Healthy Snacking Brand phab Nets $2 Mn

India, April 26 -- Ice cream brand Hocco cofounder Ankit Chona's D2C healthy snacking brand phab has raised $2 Mn (around INR 17 Cr) in its seed funding round led by OTP Ventures. The round also saw ... Read More


FirstCry Subsidiary GlobalBees' CEO Nitin Agarwal Quits

India, April 26 -- Kids-focussed omnichannel retailer FirstCry today said that the cofounder and CEO of its ecommerce roll up arm GlobalBees, Nitin Agarwal, has stepped down from his role and will exi... Read More


Retail Expansion: Apple To Open New Stores In Noida & Pune

India, April 25 -- iPhone maker Apple is reportedly considering expanding its retail footprint across India, with plans afoot to open four additional stores in key cities. A Financial Express report ... Read More


Ola Electric Gets Govt Notice Over Missing Trade Certificates: Report

India, April 25 -- In a fresh trouble for Ola Electric, the transport ministry has reportedly hauled up the EV maker over missing trade certificates. An NDTV report said that the Union Ministry of Ro... Read More


Do Indian EV Startups Stand A Chance Against The Legacy Players?

India, April 25 -- Commerce and industry minister Piyush Goyal's comments last month that Indian startups were doing very little in the realm of deeptech may have ruffled a few feathers, but it struck... Read More


Ather IPO: EV Major Bags INR 1,340 Cr From Anchor Investors

India, April 25 -- Ahead of the opening of its highly anticipated IPO, EV maker Ather Energy has raised INR 1,340 Cr from anchor investors at INR 321 per share. The company allotted 4.17 Cr shares to... Read More


Apple's India Manufacturing Dreams Face China Hurdle

India, April 25 -- Apple's bid to expand its production in India seems to have been marred by significant headwinds such as geopolitical tensions, quality issues, lack of technology and labour issues.... Read More


Reliance Retail Q4: Digital & New Commerce Business Account For 18% Of Revenue

India, April 25 -- It was business as usual as digital and new commerce businesses continued to account for 18% of Reliance Retail's total revenue in the fourth quarter (Q4) of the financial year 2024... Read More


Jio Platforms' Q4 Profit Crosses INR 7,000 Cr Mark

India, April 25 -- Reliance Industries Ltd's (RIL's) digital arm Jio Platforms' consolidated net profit jumped 25.7% to INR 7,022 Cr in the final quarter of the financial year 2024-25 (Q4 FY25) from I... Read More


ED Detains BluSmart Cofounder, PB Fintech's Healthcare Dreams & More

India, April 25 -- Now, ED Detains BluSmart's Cofounder In a surprise action, the Enforcement Directorate (ED) has detained Puneet Singh Jaggi, one of the two Gensol promoters, from a hotel in New De... Read More