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Nykaa Ropes In Ex-Instamart COO Ankit Jain To Helm Nykaa Now

India, July 28 -- Ex-Swiggy Instamart COO Ankit Jain has joined beauty and personal care major Nykaa to lead its quick commerce business Nykaa Now. According to his LinkedIn, Jain has joined Nykaa as... Read More


Why QOSMIC Pivoted From Building Satellites To Ground Infrastructure For Satellite Data

India, July 28 -- Modern satellites are producing more data than ever, and the gap between what they capture and what reaches the ground is widening. According to a research paper that tracks this, a ... Read More


upGrad-Unacademy Merger Nears Completion

India, July 28 -- Edtech major upGrad is in the final stages of acquiring edtech rival Unacademy in a transaction valued at Rs.1,955 Cr, with the signing process almost complete, as per sources famili... Read More


Delhi HC Grants BharatPe Interim Relief In Unity SFB Shareholding Dispute

India, July 28 -- The Delhi High Court has granted interim relief to fintech startup BharatPe by restraining Unity Small Finance Bank (SFB) from taking up a proposal to increase its authorised share c... Read More


Snitch Acquires D2C Women's Fashion Brand Berrylush To Expand Beyond Menswear

India, July 28 -- Snitch has acquired a 100% stake in D2C women's fashion brand Berrylush to expand beyond menswear as it seeks to build a broader portfolio of fashion brands. The financial terms of t... Read More


Anicut Capital Takes Control Of Bira 91 Founder Ankur Jain's Stake

India, July 28 -- Alternative investment firm Anicut Capital has reportedly taken control of Bira 91 founder Ankur Jain and his family's over 17% stake in debt-laden beer maker's parent B9 Beverages. ... Read More


Swiggy Instamart Onboards Former Myntra CEO Nandita Sinha As Chief

India, July 28 -- Quick commerce major Swiggy Instamart has appointed former Myntra CEO Nandita Sinha as its new chief executive to lead its next phase of growth. Sinha, who will succeed Amitesh Jha ... Read More


ICICI Prudential MF Raises Shadowfax Stake To 8.56% After Buying 89 Lakh Shares

India, July 28 -- ICICI Prudential Mutual Fund has increased its stake in listed logistics company Shadowfax Technologies to 8.56% after acquiring a net 89.44 Lakh shares through an open market transa... Read More


Krutrim Cuts Nearly Half Of Remaining Workforce In Fresh Layoffs

India, July 28 -- Bhavish Aggarwal-led AI startup Krutrim has reportedly laid off another 20-25 employees in its second round of layoffs this year, with the latest exercise affecting nearly half of it... Read More


Crypto Debate Resurfaces, Weekly Funding Tanks & More

India, July 27 -- Parliamentary Panel Reignites Crypto Debate For years, India's approach to cryptos revolved merely around taxation. A parliamentary panel has now suggested creating a self-regulator... Read More