Author Archives
-
NCLAT Asks Google, CCI To File Response Against Play Store Billing Policy
Advertisements The National Company Law Appellate Tribunal (NCLAT) has asked Google and the Competition Commission of India (CCI) to respond to petitions against the Play Store billing policy. The Indian Broadcasting and Digital Foundation, Indian Digital Media Industry Foundation, People… Read More ›
-
Relux Electric Raises Rs 250 Cr Without Equity Dilution
Advertisements The EV charging infrastructure company, Relux Electric, has secured Rs 250 crore from private real estate and infrastructure investors. This funding, obtained through a revenue-sharing model, will support the establishment of 20 hyper-charging stations along South India’s highways over… Read More ›
-
Bhavish Aggarwal’s Ola To Switch From Microsoft Azure In Stand Against Western Tech
Advertisements The Ola group, which includes ride-hailing and EV manufacturing, will stop using Microsoft’s Azure cloud. The company will move to the cloud service of its sister company Krutrim AI. The decision comes after LinkedIn, which is owned by Microsoft,… Read More ›
-
Flipkart Plans Domicile Shift Back To India: Report
Advertisements Flipkart, India’s consumer internet firm, is actively considering moving its domicile back to its country of origin from Singapore, according to media reports. The 17-year-old company, valued at around USD 33 billion, sees the potential move as a means… Read More ›
-
TBO Tek IPO Closes With 86 Times Subscription; Listing On 15 May
Advertisements TBO Tek, a B2B travel distribution company closed its initial public offering (IPO) for public bids on 10 May with an attempt to raise over Rs 1,550 crore with its combination of fresh issue and offer-for-sale component (OFS). The… Read More ›
-
UP Govt Teams Up With Startups To Promote Using AI In Farming
Advertisements The Uttar Pradesh government is teaming up with local agriculture industry leaders to support agritech startups and use artificial intelligence in farming. The government plan to hold a global farming summit called ‘Krishi Bharat’ in November, in partnership with… Read More ›
-
Meesho Raises $275 Mn, Valued At $3.9 Bn; Aims Bagging $600 Mn Total
Advertisements Ecommerce company Meesho completed a USD 275 million funding round, with a mix of primary and secondary share sales. The first part of a larger funding round of USD 600 million has been finalised, with Meesho aiming for a… Read More ›
-
Grow Shifts Its Base To India
Advertisements Wealth management startup Groww has shifted its base from the US to India. This move reflects a growing trend among Indian startups seeking to take advantage of the developing startup environment in the country. Groww’s CEO, Lalit Keshre, confirmed… Read More ›
-
Venturi Partners Acquires 5.12% Stake In Peak XV-backed K12 Techno Services
Advertisements Venturi Partners, a venture capital firm focused on the consumer sector, has acquired a 5.12 per cent stake valued at USD 27 million in K12 Techno Services, an edtech startup backed by Peak XV Partners. The Singapore-based company obtained… Read More ›