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Six Red Flags That Sank Gensol & Blusmart

India, April 17 -- "The quantifiable financial impact on the company cannot be ascertained at this point in time," EPC firm Gensol said in an exchange filing yesterday on the impact of an interim orde... Read More


Delhivery Shares Rally 7% Intraday

India, April 17 -- Shares of logistics major Delhivery jumped 7.3% to INR 282.05 apiece during the intraday trading session on the BSE today. The stock was up INR 280.70 per share on the BSE, as of 1... Read More


Mapping GenAI's Influence On Indian VCs Betting On Ecommerce, Retail Tech

India, April 17 -- In 2013, Indian organised retail was defined by large-format stores and modern trade chains. All that changed with ecommerce platforms like Amazon India, Flipkart, Myntra, Snapdeal ... Read More


Google Suspends 2.9 Mn Ad Accounts In India Citing Policy Violation

India, April 17 -- Alphabet-owned Google said it removed 247.4 Mn advertisements and suspended nearly 2.9 Mn advertiser accounts in India last year for violating its advertisement policy. Globally, t... Read More


[Update] After ED Raids, EaseMyTrip Denies Links To Mahadev Betting App

India, April 17 -- Update | April 17, 12:27 Online travel aggregator (OTA) EaseMyTrip has issued clarification on the raids conducted by the Enforcement Directorate at its premises in connection with... Read More


Unicommerce CTO Bhupinder Garg Resigns

India, April 16 -- Unicommerce's chief technology officer Bhupinder Garg has stepped down from his role citing personal reasons. In a letter to the company, Garg said, "I hereby tender my resignation... Read More


QSR Chain Nothing Before Coffee Bags $2.3 Mn To Open 150+ Outlets

India, April 16 -- Quick service restaurant (QSR) chain Nothing Before Coffee (NBC) has raised $2.3 Mn (around INR 19.7 Cr) in its pre-Series A funding round led by Prath Ventures. The round also saw ... Read More


IPO-Bound OfBusiness Snags INR 100 Cr From Cornerstone

India, April 16 -- B2B marketplace unicorn OfBusiness, which is planning to launch its initial public offering (IPO) in the second half of 2025, has raked in INR 100 Cr (around $11.7 Mn) from Cornerst... Read More


PB Fintech Arm Gets In-Principle Nod As Payment Aggregator

India, April 16 -- Listed insurtech company PB Fintech's wholly-owned subsidiary PB Pay has received "in-principle" approval from the Reserve Bank of India (RBI) to operate as an online payment aggreg... Read More


Gensol Founders Get SEBI's Whiplash, Gupshup Trims 500 Jobs & More

India, April 16 -- Jaggi Brothers Accused Of Using Gensol's Funds As Piggybank SEBI has barred Gensol promoters and BluSmart cofounders, Anmol and Puneet Singh Jaggi, from holding any directorial or ... Read More