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Harajuku Tokyo Cafe Nets INR 19 Cr To Scale Its Japanese Dining Chain

India, Aug. 26 -- Japanese-themed dining chain Harajuku Tokyo Cafe has raised INR 19 Cr ($2 Mn) in its seed round led by Indian Angel Network. The "structured investment" round also saw participation ... 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


Paytm To Invest INR 455 Cr In Subsidiaries, Shuts RMG Operations

India, Aug. 26 -- In a bid to bolster its revenue streams, fintech giant Paytm's board has approved an investment of INR 300 Cr in its investment tech subsidiary, Paytm Money. In an exchange filing, ... Read More


Govt Weighs Inventory-Led Ecommerce Framework To Drive Exports: Report

India, Aug. 26 -- In an effort to spur international trade, the government is reportedly weighing the option of permitting inventory-led ecommerce models for exports. An NDTV report, citing sources, ... Read More


Miko-Maker Emotix To Raise INR 1,325 Cr From AMDG-PAX Foundation

India, Aug. 26 -- Mumbai-based robotics company Emotix has received board approval to raise around INR 1,325.37 Cr ($151 Mn) from AMDG-PAX Foundation through issuance of preferential shares. Accordin... Read More


Miko To Raise $151 Mn From AMDG-PAX Foundation

India, Aug. 26 -- Mumbai-based robotics company Emotix has received board approval to raise around INR 1,325.37 Cr ($151 Mn) from AMDG-PAX Foundation through issuance of preferential shares. Accordin... Read More


Miko To Raise INR 1,325 Cr From AMDG-PAX Foundation

India, Aug. 26 -- Mumbai-based robotics company Emotix has received board approval to raise around INR 1,325.37 Cr ($151 Mn) from AMDG-PAX Foundation through issuance of preferential shares. Accordin... Read More


QIA Moves K'taka HC To Enforce $235 Mn Arbitral Award Against Byju Raveendran

India, Aug. 26 -- Qatar Investment Authority (QIA) has moved the Karnataka High Court (HC) against BYJU'S cofounder Byju Raveendran and his investment vehicle BYJU'S Investments Pte. Ltd (BIPL), seeki... Read More


Uber CEO Sees Rapido 'A Bigger Rival' Than Ola In India

India, Aug. 25 -- Uber CEO Dara Khosrowshahi said that ride hailing platform Rapido has emerged as its toughest competitor in India, overtaking Ola in category position. Speaking on Nikhil Kamath's p... Read More


Uber CEO Says Rapido Has Overtaken Ola As Its Top Rival In India

India, Aug. 25 -- Uber CEO Dara Khosrowshahi said that ride hailing platform Rapido has emerged as its toughest competitor in India, overtaking Ola in category position. Speaking on Nikhil Kamath's p... Read More