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Ride-Hailing In Stress, Startup Funding Explodes & More

India, June 16 -- Ride-Hailing Giants In Regulatory Quagmire India's ride-hailing giants seem to be fishing in roiling regulatory waters. Now, Goa chief minister Pramod Sawant has hinted that Ola and... Read More


Late Rakesh Jhunjhunwala's Estate Exits Nazara

India, June 14 -- The estate of late investor Rakesh Jhunjhunwala has exited Nazara by divesting its remaining 5.07% shareholding in the online gaming major via open market transactions. As per BSE d... Read More


China's Rare Earth Export Curbs: India May Relax EV Localisation Norms

India, June 14 -- The Indian government is reportedly open to relaxing 50% localisation mandates for EV makers and suppliers under the PLI scheme following China's curbs on rare earths exports. Citin... Read More


RIL Eyes Slice Of OpenAI Pie, Why Mainstreet Hung Up Its Shoes & More

India, June 13 -- Reliance Eyes Slice Of OpenAI Pie OpenAI is moving East in search of its next big funding meal. The AI juggernaut has held talks with homegrown conglomerate Reliance Industries, alo... Read More


Pine Labs To File DRHP For Up To $700 Mn IPO By June-End

India, June 12 -- Gearing up for its initial public offering (IPO) later this year, Peak XV-backed fintech unicorn Pine Labs reportedly plans to file its draft red herring prospectus (DRHP) with the S... Read More


Meesho's Confidential Route To IPO, Q-Comm Platforms Under Lens & More

India, June 12 -- Meesho Takes The Confidential IPO Route Meesho is accelerating its public listing. The ecommerce unicorn is likely to file its DRHP with SEBI in the coming weeks via the confidentia... Read More


Meta India's Public Policy VP Shivnath Thukral Steps Down

India, June 12 -- Meta's vice-president of public policy in India, Shivnath Thukral, is stepping down from the social media company. In a post on LinkedIn, Thukral said, "After a very satisfying and ... Read More


BigBasket's Meal Express, Meesho's IPO & More

India, June 11 -- BigBasket Joins The Quick Bite Race Tata-backed BigBasket is all set to become the latest startup to launch its 10-minute food delivery service across India. The quick commerce comp... Read More


Rapido Enters Swiggy-Zomato Lane, Ola Electric's Missing Pieces & More

India, June 10 -- Rapido Enters Swiggy-Zomato Lane Taking on the Goliaths Zomato and Swiggy, ride-hailing unicorn Rapido is all set to introduce its food delivery platform, Ownly, in partnership with... Read More


Starlink To Debut Monthly Subscriptions At INR 3,000 In India

India, June 10 -- As Starlink gears up for its India entry, the Elon Musk-owned satellite communication (satcom) operator is reportedly looking to price its monthly subscriptions in the range of INR 3... Read More