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Unicommerce’s Company Secretary & KMP Ajinkya Jain Quits
Listed SaaS platform Unicommerce’s company secretary and key managerial personnel (KMP) Ajinkya Jain has quit the company citing “personal reasons and commitments”. In a filing with the BSE, the SaaS...
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The 80/20 Podcast – Ep 2 With Dhruvil Sanghvi, Founder of LogiNext
Why is “strategy” overrated in startups? Why do professionals often struggle to grow beyond ₹1 crore in salary? What truly sets successful leaders apart? And what’s the one mindset shift every...
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Remembering 2024: Introducing The 11th Edition Of Inc42’s Annual “Year In...
“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness… it was the season of darkness, it was the spring of hope, it was the winter of despair.”...
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How Shaktikanta Das Moulded India’s Fintech Ecosystem During His Tenure As...
When Shaktikanta Das took over as the 25th governor of the Reserve Bank of India (RBI) in 2018 after the resignation of Urjit Patel, he had big shoes to fill. While a lot of jokes were made about his...
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Map Wars: Google Offers Free Access Of Up To $6,800 To Indian Developers
Amid growing competition from local geotech players, Google Maps has said that Indian developers will be able to access its suite of software for “free” for up to $6,800 (over INR 5.7 Lakh) per month,...
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Tesla Resumes Search For Showroom Space In Delhi NCR
With an eye on foraying into the Indian market, Elon Musk-led electric carmaker Tesla has reportedly resumed its search for a showroom space in Delhi NCR. Citing sources, Reuters reported that Tesla is...
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Peak XV, Others To Offload Stake Worth INR 583 Cr in Awfis
VC major Peak XV Partners, Mauritius-based investment firm Bisque Limited, and Delhi-based Link Investment Trust reportedly plan to offload Awfis shares worth INR 583 Cr. Citing sources, CNBC-TV18...
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WhatsApp, Facebook & Instagram Down For Several Users Across India
Meta-owned social media platforms Facebook, WhatsApp and Instagram faced widespread outage across India during the late hours of Wednesday (November 11). As per DownDetector, complaints started...
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Peak XV, Bisque Offload Awfis Shares Worth INR 606 Cr
VC giant Peak XV Partners offloaded Awfis shares worth INR 379.8 Cr via multiple bulk deals. As per NSE data, Mauritius-based investment firm Bisque Limited also sold shares worth INR 225.84 Cr of the...
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SolarSquare Raises $40 Mn To Spur Adoption Of Rooftop Solar Solutions
Rooftop solar solutions startup SolarSquare has raised $40 Mn (about INR 340 Cr) in its Series B funding round led by Lightspeed. The round also saw participation from Lightrock as well as existing...
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Aye Finance Gets Board Approval For INR 1,450 Cr IPO
Non-banking financial company (NBFC) Aye Finance has set the ball rolling for its public listing. The company’s board, in an extraordinary general meeting (EGM) held on Wednesday (December 11),...
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Flipkart, Amazon Vs CCI: Samsung Accuses Watchdog Of Seizing Data Unlawfully
In a fresh twist to the ongoing antitrust probe into Amazon and Flipkart, electronics major Samsung has reportedly accused the Competition Commission of India (CCI) of detaining its employees during a...
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Superfone Bags Funds To Offer App-Based Telephony Services To SMBs
SaaS platform Superfone has raised $1.9 Mn (INR 15 Cr) in its pre-Series A funding round led by YourNest Venture Capital. The round also saw participation from Ankur Capital, Finsight Seed Fund and a...
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No First Come First Serve Basis For Satcom Spectrum Allocation: Telecom Minister
Clearing the air around assignment of satcom spectrum, telecom minister Jyotiraditya Scindia reportedly said that satellite airwaves will not be allocated on a first come first serve basis. Scindia...
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Infosys Backs Oncology-Focussed Healthtech Startup 4baseCare
IT giant Infosys is investing INR 8.3 Cr (nearly $1 Mn) to acquire a minority stake in healthtech startup 4baseCare. Infosys, in an exchange filing, said that the transaction will be executed via its...
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BSE & NSE Fine Go Digit For Delay In Furnishing Data
Insurtech major Go Digit General Insurance has been fined by stock exchanges NSE and BSE for delays in furnishing certain data in a specified format. In a filing with the bourses on Friday (December...
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Amazon, Flipkart Vs CCI: SC Says Can’t Grant Special Treatment To Watchdog
In a major blow to Competition Commission of India (CCI), the Supreme Court (SC) has reportedly refused to transfer 24 petitions connected to alleged antitrust violations by Flipkart and Amazon to a...
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GST Council Likely To Slash Tax On Online Food Deliveries To 5%
The Goods and Services Tax (GST) Council will reportedly consider lowering the tax levy on online food deliveries to 5% from 18% currently during its next meeting on December 21. Citing sources,...
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Zomato’s Business Finance Head Hemal Jain Quits
Zomato’s business finance head Hemal Jain has stepped down after a six-year long stint to “explore other opportunities”. In an exchange filing, Zomato said that Jain tendered her resignation on Monday...
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CCI Approves KKR’s Proposal To Acquire Stake In Rebel Foods
The Competition Commission of India (CCI) has greenlit private equity (PE) giant KKR’s proposal to acquire a stake in cloud kitchen unicorn Rebel Foods. The CCI said that KKR’s subsidiary Royce Asia...
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