India's Social Media Influencers Get New Guidelines For Advertising, Promotions

India, Feb. 23 -- In light of rising cases of social media malpractices and frauds by influencers, the Advertising Standards Council of India (ASCI), the country's self-regulatory voluntary organisati... Read More

PharmEasy Receives CCI Nod To Raise Funds From Canadian Pension Board

India, Feb. 23 -- Mumbai-based online pharmacy PharmEasy has received the Competition Commission of India's approval for investment from Canada-based CDPQ (Caisse de depot et placement du Quebec) in e... Read More

How Product Leaders At Gojek, Dunzo And BigBasket Built Prioritisation Frameworks

India, Feb. 23 -- One of the fundamental problems that every technology startup faces is prioritisation. What features to build first, which user cohort's needs must be met at the earliest or the bug ... Read More

BigBasket Vs Daily Basket: Is It Bullying Or Is The Legal Notice Justified?

India, Feb. 23 -- This week, Indian online grocery store BigBasket served a 'cease and desist' notice to a rather nascent startup in the same space, Daily Basket, alleging trademark infringement and b... Read More

[What The Financials] Lenskart Turns Profitable In FY20, Revenue Nears INR 1000 Cr

India, Feb. 23 -- After widening its losses by 78% in the previous year, Delhi NCR-based eyewear company Lenskart has turned profitable in the financial year 2020 that ended in March last year. The co... Read More

MyShubhLife Raises $4 Mn To Cater To India's Working Class Borrowers

India, Feb. 23 -- Bengaluru-based lending tech startup MyShubhLife (formerly known as Shubh Loans) has raised $4 Mn from Singapore-based early-stage venture capital firm Patamar Capital (formerly Unit... Read More

Chargebee Close To Being India's Next SaaS Unicorn

India, Feb. 23 -- Adding to the burgeoning list of SaaS unicorns in India, Chennai-based enterprise tech startup Chargebee is close to raising $150 Mn at a valuation of $1.4 Bn, as per news reports. ... Read More

Global Mobile Gaming Platform i3 Interactive Acquires Livepools

India, Feb. 23 -- Global online mobile gaming platform i3 Interactive Inc has acquired a 51% stake in Indian online fantasy sports platform Livepools. Launched in 2018 by brothers Vikram and Gaurav A... Read More

After Acquiring Four Kalaari-Backed Startups, Reliance To Invest $200 Mn In VC's Fund

India, Feb. 23 -- Mukesh Ambani-led digital business Jio Platform is looking to invest $200 Mn in the homegrown venture capital firm Kalaari Capital and pour more capital into Indian startups. The dea... Read More

Bounce Lays Off 200 More Employees As Demand Stays Low

India, Feb. 22 -- Bengaluru-based bike-sharing platform Bounce has laid off about 40%-60% of its workforce as the demand for shared mobility remains low, 11 months after the initial Covid-19 lockdown ... Read More