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Ola Electric Shares Crash 10% After Q4 Results

India, May 30 -- Shares of Ola Electric slumped as much as 9.7% to INR 48.07 during early trading hours on the BSE today, after the company reported its Q4 FY25 financial results. However, by 11:35 A... Read More


Cloud Payments Made To AWS Are Not Taxable As Royalty Or Technical Fees: Delhi HC

India, May 30 -- The Delhi High Court has reportedly ruled that payments received by Amazon Web Services (AWS) from Indian entities for cloud computing services are not taxable as royalty or fees for ... Read More


IFC Commits $30 Mn To L Catterton's $600 Mn India Fund

India, May 28 -- The International Finance Corporation (IFC), the private investment arm of the World Bank, has proposed a $30 Mn infusion in India-focussed consumer fund launched by L Catterton Asia ... Read More


Agritech Startup GROWiT Bags $3 Mn From GVFL, Others

India, May 28 -- Surat-based agritech startup GROWiT has raised $3 Mn in a Series A funding round led by GVFL, with participation from Veloce Opportunities Fund, JITO, We Founder Circle, Sunicon Ventu... Read More


Fleetx Raises $13 Mn To Help Logistics Companies Digitise Operations

India, May 27 -- Gurugram-based fleet management and predictive analytics startup Fleetx.io has raised INR 113 Cr (around $13.2 Mn) in a Series C funding round co-led by existing backers IndiaMART Int... Read More