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Exclusive: Rapido Pilots Non-AC Cabs For Lower Fares

India, April 24 -- Ride-hailing unicorn Rapido is piloting a new feature which allows users to book non-AC cabs at lower fares. The feature is currently available in Bengaluru. While booking a cab, t... Read More


Exclusive: Fintech Startup Bachatt Bags $4 Mn From Lightspeed, Info Edge Ventures

India, April 24 -- Recently launched fintech startup Bachatt has raised $4 Mn (over INR 34 Cr) in its seed funding round co-led by Lightspeed and Info Edge Ventures. While Lightspeed infused $2.8 Mn i... Read More


Rajasthan HC Flags False Claims By Samskara Resort, Grants Relief To OYO

India, April 24 -- A single judge bench of the Rajasthan High Court has granted interim protection from coercive action to hospitality major OYO in a case that alleged the IPO-bound company inflated i... Read More


What India's Early Stage AI Investors Want: Depth In Data, Talent And Product

India, April 24 -- What is the state of early stage AI investments in India and are investors changing the way they evaluate startups and founders amid raging debates on sovereign models, Indian LLMs ... Read More


Pine Labs Elevates CEO Amrish Rau To MD & Chairman Ahead Of IPO

India, April 24 -- Fintech major Pine Labs has elevated its chief executive officer Amrish Rau to the dual role of managing director and chairman amid plans for an initial public offering worth $1 Bn.... Read More


[Update] Zomato's Food Delivery Biz CEO Quits, Eternal Says Part Of Internal Reshuffle

India, April 24 -- Update | April 24, 2:20 PM Hours after a report surfaced that the chief executive of Eternal's (formerly Zomato) food delivery business, Rakesh Ranjan, stepped down from his role, ... Read More


HC Notice To Swiggy, Zepto Over Unfriendly Apps For Visually-Impaired

India, April 24 -- The Delhi High Court (HC) has reportedly issued notices to foodtech major Swiggy and quick commerce giant Zepto over the unfriendly interface of their respective apps for visually-i... Read More


Sarvam, Gnani Likely To Get Incentives For Building AI Models: Report

India, April 24 -- The Ministry of Electronics and Information Technology (MeitY) may offer incentives to startups such as Sarvam AI, Soket AI Labs, Gnani.ai and Gan.ai for building frontier AI models... Read More


Eternal's Food Delivery Biz CEO Quits Amid Company-Wide Rejig

India, April 24 -- The chief executive of Eternal's (formerly Zomato) food delivery business, Rakesh Ranjan, has reportedly stepped down from his role after two years. Sources told the Economic Times... Read More


Agri-biotech Startup GreenGrahi Bags INR 32 Cr

India, April 24 -- Agri-biotech startup GreenGrahi has secured INR 32 Cr (around $3.7 Mn) in a seed funding round led by Avaana Capital. The round also saw participation from existing investors, incl... Read More