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Zaggle To Acquire Rio.Money To Enter Consumer Credit Card Market

India, July 29 -- Fintech SaaS major Zaggle is acquiring fintech startup Rio.Money for INR 22 Cr to enter the consumer credit card market. In an exchange filing, Zaggle said it has signed a non-bindi... Read More


NCLT Ahmedabad Admits Insolvency Proceedings Against BluSmart Over INR 1.28 Cr Default

India, July 29 -- The Ahmedabad bench of the National Company Law Tribunal (NCLT) has admitted an insolvency plea against electric vehicle ride-hailing startup BluSmart over unpaid financial obligatio... Read More


IPO-Bound Amagi's Loss Narrows 72% To INR 69 Cr In FY25

India, July 28 -- Media SaaS unicorn Amagi saw its consolidated net loss narrow 71.9% to INR 68.7 Cr in the financial year ended March 2025 (FY25) from INR 245 Cr in FY24, as it managed to control its... Read More


Very Hard To Build A Brand On Quick Commerce: Innovist's Rohit Chawla

India, July 25 -- Innovist founder and CEO Rohit Chawla believes quick commerce is not the best place to build a brand today. "It's very hard to build a brand on quick commerce," said Chawla at Inc42... Read More


Choose General Trade Over Quick Commerce: Veeba's Viraj Bahl

India, July 25 -- Amid the rapid growth seen in the quick commerce sector in the country, Veeba founder and MD Viraj Bahl said that general trade (GT) is the most important channel for founders lookin... Read More


Choose General Trade Over Quick Commerce To Build Business: Veeba's Viraj Bahl

India, July 25 -- Amid the rapid growth seen in the quick commerce sector in the country, Veeba founder and MD Viraj Bahl said that general trade (GT) is the most important channel for founders lookin... Read More


BigBasket's FY25 Revenue Dips Amid Quick Commerce Competition

India, July 24 -- Tata Digital backed quick commerce platform BigBasket saw its annual revenue fall in the financial year ending March 2025, amid the intense competition in the segment. According to ... Read More


ED Files FEMA Complaint Against Simpl Over INR 913 Cr FDI Violation

India, July 23 -- The Enforcement Directorate (ED) has filed a complaint against BNPL platform Simpl and its cofounder and director Nitya Sharma for allegedly violating foreign direct investment (FDI)... Read More


IPO-Bound Shadowfax Adds New Faces To Its Board

India, July 23 -- Logistics major Shadowfax has expanded its board by adding three new members as it prepares for its public listing. The company has appointed its chief business officer Praharsh Cha... Read More


PharmEasy-Owned Thyrocare's Q1 Profit Rises 60% To INR 38.3 Cr

India, July 23 -- PharmEasy-owned diagnostics laboratories chain Thyrocare's consolidated net profit rose 59.9% to INR 38.3 Cr in Q1 FY26 from INR 23.9 Cr in the year-ago quarter. Sequentially, profit... Read More