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NCLT Approves Meesho's Reverse Flip To India

India, June 16 -- Amid its IPO preparations, ecommerce major Meesho has received approval from the National Company Law Tribunal (NCLT) to shift its headquarters back to India from the US. As per the... Read More


Raids On Zepto, Blinkit: The Ugly Side Of Dark Stores

India, June 15 -- Haste makes waste - the old adage fits perfectly for modern quick commerce apps. Behind the shine of 10-minute deliveries, there's a murkier layer - as recent raids on Zepto and Blin... Read More


FDA Revokes Suspension Of Zepto's Dharavi Warehouse Licence

India, June 14 -- Days after Maharashtra's food safety regulator, the Food and Drug Administration (FDA) suspended Zepto's food business licence in Mumbai's Dharavi area over reasons of non compliance... Read More


Ola Extends Zero Commission Model To Cab Drivers: Report

India, June 13 -- Ride-hailing platform Ola has reportedly rolled out a software-as-a-service (SaaS)-based zero commission model for its cab drivers. This comes at a time when Ola's rivals Rapido and... Read More


PhonePe, Google Pay Lead UPI Race In May

India, June 12 -- Continuing the duopoly, PhonePe and Google Pay accounted for nearly 85% of the Unified Payment Interface (UPI) market share in May. Walmart-backed PhonePe recorded 868.20 Cr transac... Read More


Andhra Govt Inks Deal To Boost Startup Ecosystem

India, June 12 -- Andhra government has signed a tripartite Memorandum of Understanding (MoU) with Cyient Foundation and the All India Council for Technical Education (AICTE) as a part of its strategi... Read More


Paytm Launches Personalised UPI IDs To Boost Payment Privacy

India, June 9 -- In an effort to simplify and secure the digital transactions of its users, fintech giant Paytm has rolled out a new personalised UPI IDs feature. Paytm said in a blog post that the n... Read More


Food Safety Violations: After Zepto, FDA Suspends Blinkit's Balewadi Dark Store Licence

India, June 9 -- Days after the Food and Drug Administration (FDA) suspended the food business licence of Zepto's warehouse in Mumbai's Dharavi, the food safety agency has now reportedly revoked the f... Read More


PhonePe Buys Gupshup's GSPay To Facilitate UPI For Feature Phone Users

India, June 6 -- PhonePe has acquired conversational AI platform Gupshup's proprietary technology GSPay to roll out UPI payments tailored for feature phone users. PhonePe said in a statement that it ... Read More


Flipkart Becomes India's 1st Ecommerce Company To Bag NBFC Licence

India, June 5 -- Ecommerce giant Flipkart has secured a non-banking financial company (NBFC) licence from the Reserve Bank of India (RBI). It will now be able to offer loans directly to consumers and ... Read More