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Maharashtra Govt Scraps 6% Tax On EVs Above INR 30 Lakh

India, March 27 -- The Maharashtra government has reportedly shelved a proposal to introduce a 6% "vehicle tax" on electric vehicles (EVs) priced above INR 30 Lakh. As per news agency PTI, Maharashtr... Read More


Can Bacca Bucci Take On Puma & RedTape In India's Growing Sneaker Space?

India, March 27 -- India is the second-largest footwear manufacturer in the world, yet the mid-premium category has remained largely untapped, with mass-market brands priced below INR 1,000 and premiu... Read More


JioHotstar Crosses 100 Mn Subscriber Mark

India, March 27 -- Streaming giant JioHotstar said it has crossed the 100 Mn subscriber milestone. This comes a month after the erstwhile Disney+ Hotstar and JioCinema merged together to launch the ne... Read More


How Torque Is Disrupting India's $23 Bn Furniture Industry With Custom-Made Designs

India, March 27 -- In India, most furniture available today is mass-produced and conventional in style, which hardly justifies the country's high-margin $23 Bn market opportunity. Lack of customisatio... Read More


Beauty 3.0 Brand Antithesis Bags INR 5 Cr In Funding From Rukam, V3 Ventures

India, March 27 -- D2C beauty and personal care brand Antithesis has raised INR 5 Cr (about $582K) in its pre-seed round co-led by Rukam Capital and V3 Ventures. The D2C brand plans to use the funds ... Read More


Can Desi Farms Outpace Amul & Mother Dairy In India's Booming Dairy Market?

India, March 27 -- India is the largest producer and consumer of milk and dairy products, with over 85% of Indian families relying on dairy as a staple. However, milk adulteration remains a widespread... Read More


BluSmart Breaks Down, Groww Eyes $200 Mn & More

India, March 27 -- How BluSmart's Closest Ally Became Its Biggest Risk When ICRA downgraded Gensol Engineering's ratings to 'Junk' earlier this month, it didn't just trigger a stock market free fall ... Read More


Cross Border Financial Solutions Platform Abound Bags $14 Mn

India, March 27 -- Cross border financial solutions platform Abound has secured $14 Mn (around INR 120 Cr) in a seed funding round led by NEAR Foundation along with participation from Circle Ventures ... Read More


Jio Financial Services Bolsters NBFC Arm With INR 1,000 Cr Infusion

India, March 27 -- Fintech major Jio Financial Services (JFS) has infused INR 1,000.24 Cr (about $117 Mn) in its NBFC arm Jio Finance Limited (JFL) to further expand its offerings. In an exchange fil... Read More


NCLT Orders Status Quo On Shareholding Of Aakash

India, March 27 -- Extending the months-long turmoil over Aakash Institute's fundraise plans, the National Company Law Tribunal (NCLT) has ordered a status quo on the shareholding of the edtech till t... Read More