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Uber, Rapido Held Talks To Combine India Operations, Says Report; Rapido Denies

India, Aug. 14 -- Ride-hailing majors Uber and Rapido reportedly held talks in May to combine their India operations, but the discussions broke down over structure of the proposed deal. According to ... Read More


LEAP India Shares List At 4.4% Premium To Issue Price Of Rs.159

India, Aug. 14 -- Shares of LEAP India made their stock market debut on the BSE and NSE today, listing at a premium of about 4.4% to the issue price of Rs.159. The stock got listed at Rs.166 on the BS... Read More


Razorpay's ChatGPT Gambit, Snapchat's Next Big Quest & More

India, Aug. 14 -- Razorpay Wants To Put Indian Brands Inside ChatGPT As ChatGPT and other AI assistants move from answering questions to recommending products and facilitating purchases, Indian payme... Read More


Can Razorpay Turn ChatGPT Into India's Next Commerce Channel?

India, Aug. 14 -- ChatGPT is beginning to emerge as more than a search assistant for ecommerce. For a growing number of brands and marketplaces, it is also becoming a new channel for product discovery... Read More


Rapido Bags Karnataka Cab Aggregator Licence Till 2031

India, Aug. 14 -- Mobility unicorn Rapido has secured the cab aggregator licence from the Karnataka State Transport Authority. Granted under the Karnataka On-Demand Transportation Technology Aggregat... Read More


Shiprocket IPO Subscribed 25.8X So Far On Final Day Of Bidding

India, Aug. 14 -- Ecommerce enablement platform Shiprocket's Rs.1,617.5 Cr IPO was subscribed 25.8X as of 13:06 IST on the final day of bidding, as demand accelerated across investor categories. The ... Read More


Peak XV Leads $45 Mn Bet On US-Based AI Code Testing Startup Blacksmith

India, Aug. 14 -- Peak XV Partners led a $45 Mn Series B funding round of San Francisco-based AI code testing startup Blacksmith at a valuation of $550 Mn, as the VC firm steps up investments in US-ba... Read More


ixigo To Sell 17.39% Fresh Bus Stake For Rs.36.6 Cr

India, Aug. 14 -- Listed traveltech company ixigo has agreed to sell a 17.39% stake in electric intercity bus startup Fresh Bus to Twelve Stone LLP for Rs.36.6 Cr. In an exchange filing, ixigo's pare... Read More


IPO-Bound Infra.Market Eyes Reverse Listing Via Shalimar Paints In Rs.10,545 Cr Deal

India, Aug. 13 -- Building materials unicorn Infra.Market is exploring a reverse-listing route through Shalimar Paints, with the listed paints company considering acquiring equity shares and CCPS of I... Read More


IPO-Bound Infra.Market Eyes Reverse Listing Via Shalimar Paints In Rs.10,440 Cr Share Swap

India, Aug. 13 -- Building materials unicorn Infra.Market is exploring a reverse-listing route through Shalimar Paints, with the listed paints company considering acquiring equity shares and CCPS of I... Read More