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ArisInfra Raises INR 225 Cr From Anchor Investors

India, June 17 -- Mumbai-based B2B ecommerce company ArisInfra raised INR 224.8 Cr from anchor investors today, a day before its IPO opens. The company allotted 1.01 Cr shares to 15 investors, includ... Read More


Inside The 'Jio Eat' Scam, The MDR Paradox & More

India, June 17 -- Inside The 'Jio Eat' Scam At a time when people are going gaga over ultra-fast food deliveries, a new breed of imposters and cyber criminals has sprung up to defraud unsuspecting us... Read More


CCI Clears Delhivery's Acquisition Of Ecom Express

India, June 17 -- The Competition Commission of India (CCI) has approved logistics major Delhivery's acquisition of a 99.44% stake in Ecom Express. "CCI approves acquisition of at least 99.44% of the... Read More


MakeMyTrip To Raise Over $2 Bn To Reduce Chinese Ownership

India, June 17 -- Weeks after EaseMyTrip founder and chairman Nishant Pitti highlighted Chinese ownership in MakeMyTrip, the Nasdaq-listed company has now proposed to raise over $2 Bn to buy back stak... Read More


Quadria Group Launches $300 Mn HealthQuad Fund After Split With KOIS

India, June 17 -- Healthcare-focused private equity firm Quadria Group has launched HealthQuad Fund III with a target corpus of $300 Mn and an additional $100 Mn green shoe option. HealthQuad was lau... Read More


Hackers Access Data Of 8.4 Mn Zoomcar Users

India, June 17 -- Troubled rental car marketplace Zoomcar has become the latest enterprise to become a victim of a cyber attack. The Nasdaq-listed company informed the SEC on June 9 that it suffered a... Read More


Honasa Appoints Former Flipkart Executive Yatish Bhargava As CBO

India, June 17 -- Mamaearth parent Honasa Consumer has appointed Yatish Bhargava as its new chief business officer (CBO). In an exchange filing, the company said that Bhargava has been appointed toda... Read More


Zepto Defers IPO To Focus On Profitability, Boost Domestic Shareholding: Aadit Palicha

India, June 17 -- With recent reports suggesting that Zepto's IPO may be pushed to 2026, cofounder and CEO Aadit Palicha has implied that the delay is not due to a lack of readiness but because of a p... Read More


Blinkit's Balewadi Dark Store Resumes Operations : Report

India, June 17 -- Days after the Maharashtra branch of the Food and Drug Administration (FDA) suspended the food business licence of Blinkit's Balewadi dark store in Pune, citing regulatory and food s... Read More


TRAI Launches Digital Consent Management Platform To Curb Spam Calls

India, June 17 -- The Telecom Regulatory Authority of India (TRAI) has launched a pilot project to build a digital consent management system to curb spam calls. Under the project, the regulator will ... Read More