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Fintech Startup slice Raises INR 39 Cr In Debt Funding From Multiple...
Bengaluru-based fintech platform slice on Wednesday said it has received INR 39 Cr in debt funding from multiple financial institutions including Vivriti Capital, Northern Arc Capital and InCred...
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SIAC Stay On Sale Of Future Group’s Assets Binding In India: Amazon Tells...
Amazon dug in its heels in the Delhi high court arguing its case saying that the injunction awarded by a Singapore-based arbitration center staying the sale of Future Group’s assets to Reliance Retail...
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Govt Serves Notice To Twitter Over Ladakh Map Error, Given 5 Days To Explain
Twitter’s troubles with Leh and Ladakh continues. Almost a month after showing Leh as part of ‘People’s Republic of China,’ the social media giant has now been pulled up for displaying Leh as part of...
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CFOs In Tech: How India’s New-Age Finance Chiefs Are Pitching In Towards...
In the initial years of a startup, founder’s focus is entirely on the product — finding the right product-market fit, building and optimizing the product, before taking it to market and then...
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[The Outline By Inc42 Plus] Biden Win & The Indian Tech Story
Dear Reader, Is that a glimmer of light we see after several dreary months? We are supposedly closer than ever to a coronavirus vaccine, after nine long months, the pandemic seems to be subsiding in...
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Reliance Retail Acquires Majority Stake in Urban Ladder for INR 182 Cr
Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd (RIL), has acquired equity shares of online furniture startup Urban Ladder Home Decor Solutions Pvt Ltd for INR 182.12...
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Under Draft Labour Code, Gig Workers Will Have To Update Details For Benefits
The draft rules of the labour code on social security unveiled on Sunday by the Centre has suggested establishing a national platform, man database and monitor progress, while states will create...
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Diwali Sales Raked In 9.7 Bn For Traders Across India, Reveals CAIT
Trader’s body Confederation of All India Traders (CAIT) on Sunday revealed that traders have recorded sales of around INR 72,000 Cr ($9.7 Bn) this Diwali across major markets in India. It also pegged...
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PharmEasy To Buyback ESOPs Worth $3 Mn, Move To Benefit 45 Employees
PharmEasy is the latest startup to join foodtech unicorn Swiggy, social commerce platform Meesho and others to buy back employee stock ownership plans (ESOPs). The online pharmacy has announced a $3 Mn...
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Govt Nod For Directorate To Manage India’s Drone Ecosystem
In a crucial step to give more wings to India’s evolving drone policy, the Directorate General of Civil Aviation (DGCA) has got the nod from Finance Ministry to set up a dedicated Drones Directorate....
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India Records 7.3 Bn Game Downloads In 9 Months Of 2020, Highest In The World
India has been ranked number one in global mobile game downloads in the first nine months of 2020. Indian’s installed 7.3 Bn games, nearly 17% of all worldwide downloads, app intelligence firm Sensor...
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MPL Sports Replaces Nike As Team India’s Kit Sponsor
MPL Sports, the sports merchandise brand from Mobile Premier League has been named the official kit sponsor and merchandise partner of the national men’s and women’s sides as well as the U-19 team,...
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2 Startups Begin Test Phase Of New Retail Payment Products Under RBI’s...
Over a year after the Reserve Bank Of India set up a regulatory sandbox for fintech startups to boost innovation, two entities have begun testing offline epayment facility for remote locations in the...
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Flipkart, PhonePe Monthly Active Customers At All-Time High, Says Walmart
American retail giant Walmart Inc. on Tuesday said that its Indian ecommerce unit Flipkart and payment app PhonePe have seen a strong quarter on the back of ‘Big Billion Day’ sales, with monthly active...
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I&B Ministry To Hold Crucial Meeting On TV Ads Run By MPL, Naam11.com, Dear...
In order to discuss advertisements of online gaming platforms, the ministry of information and broadcasting (MIB) is holding a meeting with stakeholders on November 18. The meeting is slated to discuss...
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Parliament Panel Accepts Twitter’s Apology Over ‘Ladakh in China’ Gaffe
Exactly a month after Twitter got into the line of fire for wrongly showing Ladakh in China, the social media giant has apologised and promised to correct the error by the month-end. Chairperson of...
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Indian Companies Paid Upto $2.5 Mn To Get Back Data From Hackers: Report
Indian organisations were hit hard by ransomware attacks in 2020. Globally, India Inc stood second when it came to ransom pay-outs and more than a third paid between $1 Mn — $2.5 Mn to hackers for...
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Flipkart Eyes Manufacturing & Distribution Rights Of Wrangler, Lee in India
After investing INR 260 Cr for a minority stake in Arvind Fashions’ (AFL) subsidiary Arvind Youth Brands, which owns the Flying Machine brand, Walmart-owned Flipkart is now in talks with Kontoor Brands...
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Amazon Doesn’t Have Skin In The Game To Object Future Group-Reliance Retail...
Resuming after a Diwali break, fireworks continued in the Delhi high court on Thursday after it resumed hearing into the Future Group-Reliance Retail vs the Amazon case. Kicking off his arguments on...
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Cloud Kitchen Startup Kitchens Centre Raises Funds From Bezos,...
Delhi-based cloud kitchen startup Kitchens Centre has raised an undisclosed amount of funding in a Pre Series A round from early-stage venture capital firm Village Global, which is backed by Mark...
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