India, Sept. 17 -- Amazon India's marketplace arm, Amazon Seller Services, sharply reduced its losses in FY25, reporting a loss of INR 374.3 Cr - a nearly 90% decline from the INR 3,469.5 Cr loss reco... Read More
India, Sept. 16 -- D2C consumer electric brand Boult Audio's much-publicised rebranding to GoBoult last month was pitched as the start of a fresh chapter. At the time, the brand's cofounder and CEO Va... Read More
India, Sept. 16 -- InCred Money, the wealth and asset management arm of InCred Group, has raised INR 250 Cr (around $30 Mn) from a group of investors including Manipal Group chairman Ranjan Pai, forme... Read More
India, Sept. 16 -- Ex-100Unicorns' partners Rajesh Mane and Ankit Jain have launched a new venture capital (VC) firm Spotlight Strategic Partners to back early-stage Indian startups across various sec... Read More
India, Sept. 16 -- With shares of Urban Company expected to start trading tomorrow following its INR 1,900 Cr IPO, the company's early investors like Accel, Elevation Capital, Tiger Global, among othe... Read More
India, Sept. 15 -- Fintech-focussed AI SaaS startup Pascal AI Labs has raised $3.1 Mn (about INR 26 Cr) in its seed funding round led by Kalaari Capital. The round also saw participation from Norwest ... Read More
India, Sept. 15 -- Fintech unicorn CRED has rolled out a new set of services and products for its users, including a co-branded credit card, an expanded personal finance management feature, and an inv... Read More
India, Sept. 13 -- Myntra, the fashion ecommerce arm of Flipkart, saw its net profit zoom about 18X to INR 548 Cr in FY25 from INR 31 Cr in the previous fiscal year due to improvement in margins. The... Read More
India, Sept. 12 -- The Karnataka High Court (HC) has reportedly directed the state's commercial taxes department to refund INR 16.11 Cr to Flipkart India. The ecommerce giant had paid the amount as pa... Read More
India, Sept. 12 -- The Reserve Bank of India (RBI) has imposed a monetary penalty of INR 21 Lakh on IPO-bound PhonePe Limited for violating norms related to Prepaid Payment Instruments (PPIs). "The p... Read More