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ONDC Postpones Roll Out Of Network Charges Till April 1: Report

India, Feb. 6 -- The government-backed Open Network for Digital Commerce (ONDC) has reportedly postponed the implementation for the proposed network infrastructure and services fee to April 1. As per... Read More


TrueFoundry Bags $19 Mn To Build A Universal AI Platform

India, Feb. 6 -- Platform as a service (PaaS) startup TrueFoundry has announced that it has raise of $19 Mn (INR 166.50 Cr) in a Series A funding round led by Intel's investment arm, Intel Capital. Th... Read More


INR 2,500 Cr Revenue, IPO In Motion: How Razorpay Is Prepping For D-Street

India, Feb. 6 -- In December last year, Razorpay turned 10. The Bengaluru-based startup, founded by IIT graduates Harshil Mathur and Shashank Kumar, has had a front-row seat to India's fintech revolu... Read More


Can Oben Electric Outrace Ola's Roadster In The EV Motorcycle Race?

India, Feb. 6 -- India's motorcycle market is undergoing a gradual transformation with the rise of electric vehicles (EVs). While scooters have driven the EV fervour among Indians in the last three to... Read More


Zomato Gets Board Approval To Rename Itself As 'Eternal'

India, Feb. 6 -- The board of Zomato has approved the proposal to change the name of the company from 'Zomato Limited' to 'Eternal Limited'. In an exchange filing, Zomato said that the board also app... Read More


Myntra Gets $81 Mn Infusion From Parent

India, Feb. 6 -- Fashion ecommerce major Myntra has reportedly received an infusion of $81 Mn (around INR 709 Cr) from its parent entity Flipkart. According to an ET report, this was an internal cash... Read More


Insurtech At A Crossroads: What 100% FDI Means For Insurance Startups

India, Feb. 6 -- The Indian insurtech industry is at a critical juncture with the lifting of all caps on foreign investment, but are domestic players and insurance startups bullish or bearish about th... Read More


BYJU'S Insolvency: NCLAT Chennai Judge Recuses Himself From Hearing Riju Raveendran's Appeal

India, Feb. 6 -- National Company Law Appellate Tribunal (NCLAT) Chennai judicial member Justice (retd) Sharad Kumar Sharma has recused himself from hearing an appeal by Riju Raveendran against an ord... Read More


Flipkart's IPO Gameplan: How The $36 Bn Ecommerce Giant Is Gearing Up

India, Feb. 6 -- Flipkart is taking a reverse flip to shift its domicile from Singapore to Gurugram. As it makes a fresh push to go public, the company has lined up a host of other changes that were c... Read More


Info Edge To Invest Up To INR 1K Cr In IE Venture Investment Fund III

India, Feb. 6 -- Internet company Info Edge has obtained the board's nod to invest up to INR 1,000 Cr in IE Venture Investment Fund III, a scheme to be launched by Karkardooma Trust, a SEBI-registered... Read More