Advertisements Paytm’s parent company, One97 Communications, recorded a drop of nearly 5 per cent in its shares as a shareholder offloaded 15.6 million shares in a block deal, amounting to 2.56 per cent equity and Rs 1,441 crore. The deal… Read More ›
Other News
Ah! Ventures, Others Invest Rs 30 Cr In Meat Delivery Platform Zappfresh
Advertisements Zappfresh, a meat delivery platform in India raised a funding round of Rs 30 crore (about USD 4.3 million). The investment comes from a consortium of investors like Ah! Ventures, HT Media, Unity SFB and Heifer Impact, marking a… Read More ›
Zomato, Swiggy To Approach GST Department To Discusss Tax Payment
Advertisements As per media reports, Zomato and Swiggy are planning to approach the goods and services tax authorities to discuss the recent notices they received regarding the taxation of delivery fees collected from consumers. The notices, issued by the Directorate… Read More ›
MS Dhoni Invests In Fitness Startup Tagda Raho
Advertisements Cricket Mahendra Singh Dhoni has invested in a fitness startup called Tagda Raho. The startup is based in Bengaluru and offers a unique fitness program that combines traditional Indian equipment with modern training techniques. Tagda Raho has training centers… Read More ›
Qatar Investment Authority Invests $50 Mn In Global Dental Services
Advertisements Global Dental Services has secured USD 50 million in equity investment from Qatar Investment Authority. This is in addition to the USD 66 million it raised in growth funding last year. With a total investment of USD 116 million,… Read More ›
Caspian Debt Aims To Allocate Over Rs 750 Cr In FY24: CEO Avishek Gupta
Advertisements In an interview with BW Businessworld, Avishek Gupta, MD and CEO at Caspian Debt, talks about the challenges startups face while raising funds in the initial stage and how debt financing could be an alternative. Here is an excerpt… Read More ›
Swiggy, Zomato Receive GST Demand Notice Worth Rs 1000 Cr
Advertisements Swiggy and Zomato, two online food delivery giants, have reportedly received a demand notice for non-payment of GST on the delivery fee collected worth Rs 1000 crore from consumers. Authorities from the Directorate General of Goods and Services Tax… Read More ›
Elevation Capital, Others Invests $23 Mn In Fintech Startup Scapia
Advertisements Scapia, a fintech firm that offers co-branded credit cards for travel, has raised USD 23 million in a Series A funding round on Tuesday. The round was led by Elevation Capital and 3STATE Ventures, with participation from existing investors… Read More ›
Mamaearth Doubles Profit To Rs 30 Cr In Q2FY23
Advertisements Skincare company Mamaearth profit doubled to Rs 30 crore in the September quarter compared to the previous year. The company’s revenue grew by 21 per cent to Rs 496 crore in the same quarter. Mamaearth reported a 33 per… Read More ›
Omidyar Leads $13 Mn Funding Round In Fintech Startup Kiwi
Advertisements Kiwi, an Indian fintech startup, has raised USD 13 million in a funding round led by Omidyar Network India. Existing investors Nexus Venture Partners and Stellaris Venture Partners also participated. Kiwi aims to expand its credit cards on UPI… Read More ›