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Used Two-Wheeler Marketplace Vutto Raises $7 Mn

India, Aug. 29 -- Used two-wheeler marketplace Vutto has raised $7 Mn (around INR 61.4 Cr) in its Series A round led by RTP Global, with participation from existing investor Blume Ventures. The start... Read More


EaseMyTrip Cofounder Prashant Pitti Resigns As MD

India, Aug. 29 -- Months after Nishant Pitti stepped down from the position of CEO, his brother and cofounder Prashant Pitti has resigned from the position of MD of travel tech company EaseMyTrip. In... Read More


Prosus In Talks To Invest $200 Mn In Rapido At $2.5 Bn Valuation: Report

India, Aug. 28 -- Global investor Prosus is reportedly in talks to invest an additional $200 Mn (about INR 1,752 Cr) in ride-hailing unicorn Rapido. A Moneycontrol report, citing sources, said that n... Read More


BNP Paribas Buys Eternal Shares Worth INR 3,200 Cr, Offloads Stake In Swiggy

India, Aug. 27 -- BNP Paribas Financial Markets picked up 10.12 Cr shares of Zomato parent Eternal via a block deal yesterday, while it offloaded 2.69 Cr shares of its competitor Swiggy. As per the N... Read More


Decoding Xovian's Radio Frequency 'SOS' Tech For Ships, Aircraft Gone Dark

India, Aug. 26 -- Rogue vessels breaching the green rules in forbidden waters, hijacked aircraft flying off the radar, cargo ships losing control in deep seas and sending out an SOS, a crash-landed ae... Read More


Eternal Gets INR 40 Cr Tax Demand Notice

India, Aug. 26 -- Eternal Limited, the parent company of Zomato, has been served with three orders by the Goods and Services Tax (GST) department, raising a demand of more than INR 40 Cr. The orders, ... Read More


Wastelink Bags $3 Mn To Turn Surplus Food Into Animal Feed

India, Aug. 25 -- Cleantech startup Wastelink has raised INR 27 Cr (around $3 Mn) in its Series A round from early stage investment firm Avaana Capital. The Delhi-based startup plans to deploy the fr... Read More


After Real Money Gaming Ban, Dream11 Parent Ventures Into Investment Space

India, Aug. 23 -- Amid the ongoing turmoil in India's real money gaming sector, in compliance with thePromotion and Regulation of Gaming Act, 2025, which was signed into law yesterday, Dream11's paren... Read More


Foxconn Arm Recalls 300 Chinese Engineers From India Operations: Report

India, Aug. 22 -- Foxconn's subsidiary Yuzhan Technology has reportedly recalled around 300 Chinese engineers from its Indian manufacturing plant, the second such move by the Apple supplier in recent ... Read More


CCPA Penalises Rapido For Misleading Ads, Orders Refunds To Customers

India, Aug. 21 -- The Central Consumer Protection Authority (CCPA) has slapped a penalty of INR 10 Lakh onride-hailing major Rapido for misleading advertisements and unfair trade practices. The CCPA ... Read More