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Exotel Cofounder Ishwar Sridharan Quits

India, Sept. 3 -- AI-powered customer engagement platform Exotel's cofounder and chief operating officer Ishwar Sridharan has quit the company. "Today marks my last official working day at Exotel. It... Read More


BigBasket To Get New CEO As Hari Menon To Step Down

India, Sept. 2 -- Tata Group-owned BigBasket may get a new CEO as the cofounders of the quick commerce player are reportedly in discussions with the conglomerate to step away from day-to-day operation... Read More


[Update] BigBasket's Hari Menon Says No Plans To Hire New CEO

India, Sept. 2 -- Update | Sept 02, 18:00 IST BigBasket CEO and cofounder Hari Menon refuted the report that said that the online grocery retailer was looking to hire a new CEO. In a social media po... Read More


Tuco Kids Nets $4 Mn To Invest In Brand Building, Distribution

India, Sept. 2 -- Child personal care brand Tuco Kids has secured $4 Mn (INR 35.27 Cr) in a Series A round of funding led by RTP Global. The funding round also saw participation from MG Investments, ... Read More


Peak XV Sees Yet Another Exit, MD Harshjit Sethi Quits

India, Sept. 2 -- In yet another top-level exit at Peak XV Partners, its managing director Harshjit Sethi has quit the VC firm to explore new opportunities. Sethi took to LinkedIn to announce his dec... Read More


Elev8 Venture Partners Closes Maiden Fund At INR 1,400 Cr

India, Sept. 1 -- Growth stage VC firm Elev8 Venture Partners has marked the final close of its debut fund at INR 1,400 Cr (about $160 Mn). In a statement, the firm said that the fund attracted a div... Read More


PUBG Owner KRAFTON To Invest $50 Mn Annually In India

India, Sept. 1 -- South Korean gaming giant KRAFTON is betting big on India and plans to invest at least $50 Mn (INR 441.23 Cr) annually in the country. In an interview to Financial Times, KRAFTON Ind... Read More


Apple, Samsung Issue Legal Notices To Xiaomi Over Ads

India, Aug. 28 -- Apple and Samsung have separately sent legal notices to Chinese smartphone maker Xiaomi for its advertisements in India that compared its smartphones with those of the two brands. C... Read More


Former Leap Execs' Quick Commerce Startup Peeko Nets $3.2 Mn

India, Aug. 26 -- Former Leap Finance executives' babycare-focussed quick commerce venture, Peeko, has emerged out of stealth mode and raised $3.2 Mn (INR 28 Cr) in its seed round led by Stellaris Ven... Read More


Govt Weighs Inventory-Led Ecommerce Framework To Drive Exports: Report

India, Aug. 26 -- In an effort to spur international trade, the government is reportedly weighing the option of permitting inventory-led ecommerce models for exports. An NDTV report, citing sources, ... Read More