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Quick Commerce To Become $40 Bn Market By 2030: Swiggy CEO

India, June 26 -- Swiggy cofounder and CEO Sriharsha Majety expects the Indian quick commerce market to become a $30 Bn to $40 Bn opportunity in the next three to five years. He also said that the qu... Read More


Airtel's AI System Safeguards 3.5 Mn Users In Delhi

India, June 26 -- Telecom operator Bharti Airtel said that it has safeguarded more than 3.5 Mn users in Delhi from cyber threats through its advanced fraud-detection system. Airtel's system available... Read More


Centre Approves INR 417 Cr Electronics Cluster in UP

India, June 26 -- The electronics and IT ministry (MeitY) has approved INR 417 Cr electronics manufacturing cluster in Uttar Pradesh's Gautam Buddha Nagar. The project will be developed by the Yamuna ... Read More


StayVista Nets INR 40 Cr From JSW Ventures, Others

India, June 26 -- Luxury villa and homestay rental startup StayVista has raised INR 40 Cr (around $5 Mn) in a Series B funding round led by JSW Ventures, with participation from existing investors DSG... Read More


Govt Disburses Over INR 21.5 Cr Under PLI Schemes

India, June 26 -- The government has disbursed INR 21,534 Cr under Production Linked Incentive (PLI) scheme across 12 sectors, including large-scale electronics manufacturing (LSEM), IT hardware, bulk... Read More


Karnataka ARR Likely To Reverse GST Ruling On Namma Yatri: Report

India, June 26 -- The Karnataka's Authority for Advance Ruling (ARR) is reportedly considering reversing its earlier ruling on ride hailing platform Namma Yatri that said the company is not liable to ... Read More


Interior Design Startup Flipspaces Bags INR 50 Cr

India, June 26 -- Interior design startup Flipspaces has raised INR 50 Cr ($5.9 Mn) from Asiana Fund as a part of its $35 Mn funding round. The fundraise also saw participation from Synergy Capital P... Read More


Rapido Rolls Out Service To Allow Users To Book Delhi Metro Tickets

India, June 26 -- Ride-hailing unicorn Rapido has launched a new service to allow users to directly book Delhi Metro tickets on its app through Open Network for Digital Commerce (ONDC) integration. T... Read More


Rapido Steps Up Urban Mobility Play With Delhi Metro Ticketing

India, June 26 -- Ride-hailing unicorn Rapido has launched a new service to allow users to directly book Delhi Metro tickets on its app through Open Network for Digital Commerce (ONDC) integration. T... Read More


Former ideaForge Executive's Armory Bags Funding To Build Defence Tech Systems

India, June 25 -- Former ideaForge chief marketing officer Amardeep Singh's defence tech startup Armory has raised INR 13 Cr (around $1.5 Mn) in an undisclosed funding round led by growX ventures. Th... Read More