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Uber Partners With AbhiBus To Foray Into Intercity Bus Ticketing

India, March 9 -- Ride hailing major Uber has partnered with ixigo's bus business AbhiBus to launch intercity bus ticketing services in India, marking its first global market for this service.  ... Read More


Meesho Gets Rs.1,500 Cr Demand Notice From Income Tax Dept

India, March 7 -- Ecommerce major Meesho has received a tax demand worth Rs.1,499.74 Cr, including applicable interest, from the Income Tax (IT) department's assessment unit for the assessment year 20... Read More


Karnataka To Ban Social Media For Children Below 16

India, March 6 -- In a move aimed at tackling growing concerns around digital addiction and excessive screen time among children, the Karnataka government has proposed banning social media usage for c... Read More


Jio Financial Services Pumps Rs.147.5 Cr Into Allianz Jio Reinsurance

India, March 5 -- Months after setting up a joint venture (JV) with German insurance major Allianz, Jio Financial Services (JFS) has announced a capital infusion of Rs.147.5 Cr in the JV, Allianz Jio ... Read More


boAt Cofounder Aman Gupta Launches New Venture 'OffBeat Studios'

India, March 3 -- boAt cofounder Aman Gupta has unveiled a new venture, OffBeat Studios, after stepping away from day-to-day operations of the IPO-bound consumer electronics startups. Gupta made the ... Read More


Amazon Expands Zero Referral Fee Programme To Products Under Rs.1,000

India, March 2 -- After introducing zero referral fees on select low-priced products last year, Amazon India has now expanded the programme, slashing referral fees on products priced under Rs.1,000 ac... Read More


Constelli Raises $20 Mn to Accelerate Electronic Warfare R&D

India, Feb. 27 -- Defencetech startup Constelli has raised $20 Mn (about Rs.182 Cr) in a fresh funding round led by General Catalyst. The round also saw participation from 360 ONE Asset as well as exi... Read More


Sauce.vc Closes Rs.750 Cr Fund To Double Down On Portfolio Startups

India, Feb. 26 -- Consumer-focused venture capital (VC) firm Sauce.vc has marked the final close of its second "opportunities fund" at Rs.750 Cr (about $82.5 Mn). With the fund, the VC firm intends t... Read More


Wootzwork Nets $6.6 Mn To Scale Global OEM Manufacturing

India, Feb. 25 -- Enterprise services startup Wootzwork has secured $6.6 Mn (about Rs.60 Cr) in a Series A funding round led by Z47. Besides, investors like Nexus Venture Partners, AdvantEdge Founders... Read More


Pulse Raises $4 Mn To Build Full-Stack Medical Equipment Manufacturing Brand

India, Feb. 25 -- Medical equipment startup Pulse has raised $4 Mn (about Rs.36.38 Cr) in its seed funding round led by 3one4 Capital, with participation from Incubate Fund Asia, Stride Ventures, and ... Read More