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Purplle Bags INR 1,000 Cr Funding From ADIA, Others

India, July 1 -- Beauty ecommerce marketplace Purplle has raised INR 1,000 Cr (about $120 Mn) in a funding round led by a subsidiary of the Abu Dhabi Investment Authority (ADIA). The round, which was... Read More


Meet The 24 Indian Startups Which Made Into AWS First Space Accelerator's List

India, July 1 -- Ecommerce major Amazon's cloud computing services arm Amazon Web Services (AWS) has rolled out its space accelerator programme, aimed at fostering spacetech startups in India. AWS In... Read More


Meet The 24 Indian Startups Which Made Into AWS Space Accelerator's List

India, July 1 -- Ecommerce major Amazon's cloud computing services arm Amazon Web Services (AWS) has rolled out its space accelerator programme, aimed at fostering spacetech startups in India. AWS In... Read More


Wify Closes Pre-Series A At INR 40 Cr With Backing From Mount Judi Ventures, Others

India, July 1 -- Home furnishing startup Wify has closed its Pre-Series A funding round at INR 40 Cr (around $5 Mn). The Mumbai-based startup closed the round in two tranches. In the first leg, it ra... Read More


UPI Transactions See Marginal Dip To 13.89 Bn in June

India, July 1 -- The Unified Payments Interface (UPI) transactions saw a marginal decline of 1% month-on-month (MoM) to 13.89 Bn in June from 14.04 Bn in the previous month. On a year-on-year (YoY) b... Read More


At 13.89 Bn Transactions, UPI Sees Marginal Dip In June

India, July 1 -- The Unified Payments Interface (UPI) transactions saw a marginal decline of 1% month-on-month (MoM) to 13.89 Bn in June from 14.04 Bn in the previous month. On a year-on-year (YoY) b... Read More


TBO Tek Emerges The Top Gainer In A Mixed Week For New-Age Tech Stocks

India, June 30 -- Indian new-age tech stocks witnessed a mixed week, with major block deals pulling down some of them, despite the broader domestic market continuing its rally. Analysts believe that i... Read More


Flipkart On The Chase Again

India, June 30 -- Seventeen years is a long time in any era - for Flipkart most of this time was spent creating ecommerce in India. But now in 2024, ecommerce is more than just about marketplaces. Fl... Read More


Ola Electric Working On Solid-State Batteries To Power EVs: CEO Bhavish Aggarwal

India, June 30 -- Electric vehicle (EV) maker Ola Electric is reportedly working on developing solid-state batteries to power its electric scooters. As per Reuters, Ola Electric founder and CEO Bhavi... Read More


India, US Extend 2% Digital Tax On Ecommerce Supplies Till June 30

India, June 29 -- The Ministry of Finance has said that India and the US have agreed to extend a 2% digital tax on ecommerce supplies until June 30. The move clarifies that American digital companies ... Read More