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From PharmEasy To Curefoods - Indian Startups Raised $377 Mn This Week

India, Sept. 27 -- Indian startup funding continued to pick up pace for the second consecutive week at the end of September. Twenty eight startups cumulatively raised $377.4 Mn during September 22-27,... Read More


DroneAcharya Posts INR 15 Cr Loss In H2 FY25 Amid Topline Collapse & Regulatory Scrutiny

India, Sept. 27 -- After months of delays, listed drone tech company DroneAcharya has finally disclosed its financial performance for the second half of the fiscal year FY25 (H2 FY25). The company swu... Read More


DeHaat Posts INR 369 Cr Profit In FY25 On Back Of Non-Cash Gains

India, Sept. 27 -- Peak XV Partners-backed agritech startup DeHaat turned profitable in the financial year 2024-25 (FY25), reporting a consolidated net profit of INR 369 Cr as against a loss of INR 1,... Read More


Inside Pepperfry's Descent: What Drove Furniture Marketplace To A Distress Sale

India, Sept. 27 -- A major development shook India's new-age furniture marketplace last week. Once hailed as the poster child of online furniture retail, Pepperfry is being acquired in what appears to... Read More


Meta VS CCI: NCLAT Reserves Order For Further Deliberation

India, Sept. 27 -- The National Company Law Appellate Tribunal (NCLAT) has reserved its order on the appeals filed by social media company Meta and WhatsApp, challenging the Competition Commission of ... Read More


ONDC To Likely Rope In Paytm's Rohit Lohia As CBO

India, Sept. 27 -- Rohit Lohia, senior vice-president at Paytm, will reportedly join the state-backed Open Network for Digital Commerce (ONDC) as its new chief business officer (CBO), as per a Moneyco... Read More


Govt Weighs Easing Export Rules For Amazon, Other Ecommerce Giants

India, Sept. 26 -- In an attempt to ease foreign investment rules, the government has reportedly drafted a proposal to allow ecommerce multinationals like Amazon to purchase goods directly from Indian... Read More


Flipkart Gets Singapore Court's Nod To Reverse Flip To India

India, Sept. 26 -- IPO-bound ecommerce major Flipkart has reportedly received in-principle approval from a Singapore court to reverse flip back to India. Sources told TechCrunch that the company is i... Read More


Cashfree's FY25 Loss Widens 14% To INR 154 Cr As Revenue Slips

India, Sept. 26 -- Fintech soonicorn Cashfree Payments' net loss for the fiscal year FY25 widened 14% to INR 154.1 Cr from INR 135 Cr in FY24 at the behest of flattening of its top line and slight inc... Read More


CCPA Penalises FirstCry For Misleading Ads & Unfair Trade Practices

India, Sept. 26 -- The Central Consumer Protection Authority (CCPA) has imposed a penalty of INR 2 Lakh on FirstCry subsidiary Digital Age Retail Pvt Ltd for "false and misleading price representation... Read More