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Honda To Build Electric Motorcycle Plant In India By 2028

India, Jan. 29 -- Japanese auto giant Honda has said that it will operationalise a dedicated electric motorcycle production plant in India in 2028. The announcement was made by Japan-based Honda Moto... Read More


ixigo Shares Crash 11% To Hit All-Time Low Ahead Of Q3 Results

India, Jan. 28 -- Shares of travel tech company ixigo plummeted over 11% in early trade to hit their all-time low at INR 118.75 apiece on the BSE today (January 28) ahead of its December quarter earni... Read More


OYO-Backed Coworking Startup Innov8 Nets INR 110 Cr From Selling 10% Stake

India, Jan. 28 -- OYO-backed coworking space Innov8 has closed its primary funding round of INR 110 Cr ($12.7 Mn), led by a clutch of prominent family offices, at a valuation of INR 1,000 Cr. The fam... Read More


OYO-Backed Innov8 Nets INR 110 Cr By Diluting 10% Stake

India, Jan. 28 -- Two months after sharing its fundraising plans, OYO-backed coworking space Innov8 has closed its primary funding round of INR 110 Cr ($12.7 Mn), led by a clutch of prominent family o... Read More


Veloce Fintech's Venture Debt Fund For MSMEs Raises INR 140 Cr

India, Jan. 28 -- Veloce Fintech, a part of the Lemon Group, has raised INR 140 Cr for its SEBI-registered Category-II Alternative Investment Fund (AIF) Veloce Opportunities Fund. The fund has deploy... Read More


Swiggy Shares Dip 4% During Intraday

India, Jan. 28 -- Shares of foodtech major Swiggy dipped nearly 4% to INR 393.80 during intraday trading session on the BSE today (January 28). With a dip in its share price, the foodtech giant's mar... Read More


Materials Science Startup Whizzo Nets $4.2Mn Led by Lightspeed

India, Jan. 28 -- Bengaluru-based materials science startup Whizzo has raised $4.2 Mn (around INR 36.34 Cr) in a seed funding round led by Lightspeed, along with participation from BEENEXT. The compa... Read More


Zomato Ropes In Shalin Bhatt To Head Dining Out Biz

India, Jan. 28 -- Foodtech major Zomato has rehired its former executive Shalin Bhatt to head its dining out vertical. Bhatt has replaced Sankalp Kathuria as the head of dining out business. As per K... Read More


Paytm Payments CEO Nakul Jain Resigns

India, Jan. 28 -- Paytm Payments Services Limited's managing director and chief executive Nakul Jain has stepped down from his position to pursue an entrepreneurial venture. In a regulatory filing, t... Read More


CP Gurnani's AlonOS Signs MoU To Build AI Solutions For Indonesia

India, Jan. 28 -- Former Tech Mahindra CEO CP Gurnani's startup, AlonOS, has signed a memorandum of understanding (MoU) with Indonesian telecom giant Indosat to build a range of artificial intelligenc... Read More