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How PhonePe Makes Money: UPI, Loans, Merchants & More

India, July 10 -- For the everyday Indian, PhonePe is just a free UPI app. One rarely pays anything extra to PhonePe for splitting a dinner bill with friends, phone recharges, or even paying the neigh... Read More


Exclusive: Ex-Livspace Duo Saurabh Jain, Lalit Mittal In Talks To Raise $15 Mn For New Startup

India, July 10 -- Former Livspace cofounder and India CEO Saurabh Jain has teamed up with former Livspace CBO Lalit Mittal to launch a new venture, Gravity, sources told Inc42. The startup, which is ... Read More


How Is Ctruh Unlocking The Spatial Internet For The Masses?

India, July 10 -- Remember the early 2000s? There was always a queue in front of the AR/VR canopy at the local gaming zone. For most of us, it was a one-off experience, exciting enough to talk about b... Read More


Lab-Grown Diamond Brand Aukera Raises Rs.90 Cr Debt To Expand Store Network

India, July 10 -- A year after raising $15 Mn in its Series B funding round, D2C lab-grown diamond startup Aukera has raised Rs.90 Cr (around $10 Mn) in a debt funding round led by Alteria Capital, wi... Read More


Exclusive: Pernia's Pop Up Shop Raises Rs.162 Cr Debt Following SEBI IPO Nod

India, July 10 -- Purple Style Labs (PSL), the parent of luxury house of brands Pernia's Pop Up Shop, has raised around Rs.162.5 Cr (about $17 Mn) across multiple tranches this year after receiving SE... Read More


Meta Submits Response To Centre's Notice On WhatsApp's Username Feature

India, July 10 -- Days after the Centre issued a notice to Meta-owned WhatsApp over its proposed username feature, the messaging platform has submitted its response. According to a PTI report, WhatsA... Read More


Keyword Wars: Google Appeals Delhi HC Verdict In Hindware Trademark Case

India, July 10 -- More than a month after the Delhi High Court (HC) imposed a fine on Google for violating the trademark of sanitaryware major Hindware, the big tech giant has now moved to challenge t... Read More


Fundamentum Launches Rs.2,200 Cr Fund; Nandan Nilekani Steps Back From GP Role

India, July 9 -- Fundamentum Partnership, a VC firm that focuses on growth stage investments, has announced the launch of its third fund. The firm is targeting a corpus of Rs.2,200 Cr for the fund. Th... Read More


CarDekho To File DRHP For Rs.3,500 Cr IPO This Quarter

India, July 9 -- Auto classifieds startup CarDekho's parent Girnar Software is looking to file the draft papers with SEBI for an IPO of up to Rs.3,000-3,500 Cr in the ongoing July-September quarter, s... Read More


Flipkart's Seller Playbook, Troubles At Ola Electric & More

India, July 9 -- Flipkart's Zero-Commission Tryst Flipkart is trying the zero-commission playbook. The ecommerce major has dropped its fees on all fashion products to lock-in sellers, improve margins... Read More