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Tesla Power Vs Tesla Inc: Delhi HC To Hear Trademark Infringement Case On May 28
The Delhi High Court (HC) on Wednesday (May 22) deferred the hearing of the trademark infringement lawsuit filed by EV auto major Tesla against Delhi NCR-based battery company Tesla Power to May 28....
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Google To Expand AI Content Tool In India In Coming Weeks
Big tech major Google will launch its AI-powered content creation tool for merchants, Product Studio, in India in the next few weeks. “Product Studio will also give you the ability to generate videos...
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Fix My Curls Bags Seed Funding From Amazon Fund, Others To Boost Its Haircare...
Haircare brand Fix My Curls has raised an undisclosed amount in a seed funding round led by Amazon’s small and medium businesses-focused venture fund Smbhav Venture Fund. The round also saw...
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EkAnek’s Foxy Bags INR 21.6 Cr From Lightspeed To Pivot To Beauty Consultations
Beauty ecommerce platform Foxy’s parent EkAnek has raised INR 21.6 Cr ($2.5 Mn) as part of a strategic funding round from existing backer Lightspeed India. As per regulatory filings accessed by Inc42,...
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RIL-Disney Merger: Media Giants Knock On CCI’s Doors To Allay Antitrust Concerns
Giving further shape to their $8.5 Bn merger plans, Reliance Industries-backed Viacom18 and Walt Disney India are now reportedly looking to allay the antitrust concerns of the competition watchdog....
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Nykaa Stock Tumbles 3% After Q4 Results As Brokerages Show Mixed Feelings
Shares of beauty ecommerce platform Nykaa closed Thursday’s (May 23) trading session 2.85% lower at INR 173.95 on the BSE. The decline came just a day after the startup reported its financial...
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Airtel Payments Bank’s FY24 Profit Grows 60% YoY To INR 35 Cr, Deposits...
On the back of strong growth in transacting users and payments volume, Airtel Payments Bank saw its net profit jump more than 60% to INR 34.5 Cr in the financial year 2023-24 (FY24) from INR 21.1 Cr in...
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Google Backs Flipkart In Walmart-Led Funding Round
Walmart-owned Flipkart has brought Google on board as a minority investor as part of the funding round led by the US-based retail giant. Flipkart said Google’s investment deal is subject to regulatory...
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Flipkart’s Shopsy Ropes In Former Unilever Executive Prathyusha Agarwal As CEO
Flipkart’s social commerce vertical Shopsy has roped in former Unilever executive Prathyusha Agarwal as its new chief executive officer, a year after Adarsh Menon resigned from the role to start his...
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DD Kisan Joins The AI Brigade With 2 AI News Anchors Set To Debut On May 26
As artificial intelligence (AI) mania grips the world, Doordarshan, too, has jumped on the bandwagon. The public broadcaster’s agriculture channel, DD Kisan, will debut two new AI anchors — AI Krish...
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Indian Movies, Shows Garner 100 Cr Views For Netflix In H2 2023
Indian shows and movies clocked more than 1 Bn (100 Cr) views on streaming platform Netflix between July and December 2023. As per “What We Watched: A Netflix Engagement Report”, Sujoy Ghosh-helmed...
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Paytm Stock Down By Nearly 50% In 2024 Amid Regulatory Troubles
At the start of 2024, fintech juggernaut Paytm was looking like it had put the worst behind it. The allure of the stock was narrowing losses, soaring revenues, spree of new launches, and a healthy...
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NCLT Grants 2-Week Time To Dunzo To Reach Settlement With Betterplace Over...
In some relief for troubled hyperlocal startup Dunzo, the National Company Law Tribunal (NCLT) has reportedly granted the Reliance Retail-backed startup a time of two weeks to reach a settlement with...
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Karnataka HC Caps Service Charges For App-Based Auto Rides At 5%
The Karnataka High Court (HC) has upheld the state government’s order that capped the service charge levied by ride-hailing platforms on auto rickshaw rides in Bengaluru at 5% of the base fare. As per...
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Flam Bags $4.5 Mn To Help Brands Create Mixed Reality Content
Mixed reality (MR) startup Flam has raised INR 38 Cr ($4.5 Mn) in its pre-Series A funding round from institutional investors such as Turbostart, Twin Ventures, Alphatron Capital and undisclosed angel...
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RBI Governor Launches Fintech Repository To Facilitate Access To Transparent...
Five months after it was first announced, Reserve Bank of India (RBI) governor Shaktikanta Das on Tuesday (May 28) launched the fintech repository. The repository will facilitate access to all...
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Spacetech Startup Agnikul Cancels Maiden Rocket Launch For The Fourth Time
Indian spacetech startup Agnikul Cosmos on Tuesday (May 8) reportedly once again cancelled the test flight of its privately-built rocket, just seconds before the planned launch. As per Reuters, the...
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Agritech Startup FarMart Bags INR 24 Cr Debt To Optimise Supply Chain
Agritech startup FarMart has raised INR 24 Cr ($2.8 Mn) as part of a financing round from Swiss asset manager ResponsAbility Investments. In a statement, the startup said that it will use the fresh...
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Master 10X D2C Growth In 12 Weeks — Announcing The 2nd Cohort Of D2CX
D2C is a vibrant yet challenging ecosystem. In India, new-age brands grapple with several pain points, including fierce competition in the digital landscape, high customer acquisition costs and the...
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TLB Lenders Urge NCLT To Restrain BYJU’S From Selling Shares
In yet another update at BYJU’S, the US-based creditors of the troubled edtech giant have sought directions from the National Company Law Tribunal (NCLT) to restrain the company from pledging, selling...
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