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Exclusive: WestBridge-Backed Otipy Shuts Operations Amid Cash Crunch

India, May 23 -- Delhi NCR-based Otipy shut down its operations last week, people close to the matter informed Inc42. The farm-to-fork vegetable provider brought down the curtain on Saturday, leaving ... Read More


[Update] After Uber, CCPA Probing Ola & Rapido Over 'Advance Tip'

India, May 23 -- Update| May 23, 02:06 AM IST A day after the Central Consumer Protection Authority (CCPA) issued a notice to ride-hailing major Uber over its "advance tip" feature for faster ride co... Read More


Streaming Veteran Viniit Mehta Floats $10 Mn Fund To Back Media & Gaming Startups

India, May 23 -- Drawing on his wealth of experience in the entertainment space, former Brightcove country head Viniit Mehta has floated a new fund to capitalise on India's growing "attention economy"... Read More


Honasa Shares Rally 17% After Q4 Results

India, May 23 -- Shares of Honasa Consumer soared over 17% to INR 322.70 apiece on the BSE intraday trading session today (May 23), a day after reporting March quarter of financial year (Q4 FY25) resu... Read More


Ola Electric Gets Board Nod To Raise INR 1,700 Cr Debt

India, May 22 -- EV major Ola Electric's board has approved a proposal to raise up to INR 1,700 Cr debt via non-convertible debentures (NCDs), term loans, working capital facilities, or any other elig... Read More


Ullu's Rise In India's Untamed OTT Underworld, Pine Labs Turns Public & More

India, May 22 -- Ullu's Rise In India's Untamed OTT Underworld The Indian OTT space may be a tough nut to crack for many, but for 2018-founded Ullu, things are working like a charm, thanks to its "un... Read More


Roposo Cofounder's Hyperlocal Community Startup Shuru Bags INR 29 Cr

India, May 22 -- Indore-based Shuru, a hyperlocal community app launched by Roposo cofounder Mayank Bhangadia, has raised INR 29 Cr (around $3.37 Mn) in a funding round led by South Korean gaming majo... Read More


TBO Tek Q4: Profit Zooms 27% YoY To INR 59 Cr

India, May 22 -- B2B travel tech company TBO Tek's consolidated net profit surged 27% to INR 58.9 Cr in Q4 FY25 from INR 46.4 Cr in the year-ago period. On a sequential basis, the company's bottom lin... Read More


Aequs Ramps Up IPO Preparations, Converts Into Public Company

India, May 22 -- Aequs, a contract manufacturing company for consumer durable goods and aerospace parts, has converted into a public company, as it prepares to join the long list of new-age tech compa... Read More


Paytm Appoints Ramana Kumar As CEO For Middle East Business

India, May 22 -- Fintech major Paytm has roped in Magnati's founding chief executive officer Ramana Kumar as chief executive officer (CEO) for its Middle East business. The appointment comes days aft... Read More