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Ather Shares Surge 9% To Hit Fresh All-Time High

India, Aug. 8 -- Shares of EV major Ather Energy rallied 8.7% to hit an all-time high of INR 432.9 on the BSE today, defying the broader market downturn. The stock later pared some gains, trading 5.6... Read More


Reliance Retail Formally Writes Off INR 1,645 Cr Investment In Dunzo

India, Aug. 8 -- Retail giant Reliance Retail has officially written off its entire investment in defunct hyperlocal delivery startup Dunzo. According to Reliance Industries Ltd's (RIL) FY25 annual r... Read More


Data, Traffic Accumulated By Starlink Will Be Locally Stored In India: Govt

India, Aug. 8 -- Minister of State for Communications Pemmasani Chandra Sekhar has said that the network data, traffic and other details accumulated by Elon Musk's Starlink satellite internet service ... Read More


OUTZIDR Bags INR 27 Cr From RTP Global, Stellaris

India, Aug. 7 -- Fast fashion brand OUTZIDR has secured INR 27 Cr (around $3 Mn) in a Pre-Series A funding round led by RTP Global, with participation from existing investor Stellaris Venture Partners... Read More


Exclusive: Nuuk Bags Additional Funding To Close Series A Round At $6.6 Mn

India, Aug. 7 -- Months after raising $4.6 Mn in its Series A round, D2C home appliance brand Nuuk has raised $2 Mn (about INR 17.5 Cr) from its existing investors Vertex Ventures SEA and Good Capital... Read More


Zepto Debuts 10-Minute Medicine Delivery Service

India, Aug. 7 -- Quick commerce major Zepto has officially rolled out 10-minute medicine delivery services in select pockets of Mumbai, Bengaluru, Delhi NCR, and Hyderabad. Called Zepto Pharmacy, the... Read More


PharmEasy Founder Siddharth Shah Steps Down As Chief Executive Officer

India, Aug. 7 -- PharmEasy founder Siddharth Shah has stepped down as the chief executive officer of the company. He will assume the roles of director and vice chairman at PharmEasy's parent entity, A... Read More


ArisInfra Q1: Profit Declines 22% YoY To INR 5.1 Cr

India, Aug. 7 -- Recently listed B2B ecommerce company ArisInfra reported a net profit of INR 5.1 Cr in the first quarter of fiscal year FY26 (Q1 FY26), a near 22% decline from INR 6.5 Cr profit it re... Read More


Is Ather Reving Enough, Clear Axes 100 Jobs & More

India, Aug. 7 -- Is Ather Reving Enough? Even though loss-making, Ather must be doing something right. As established rival Ola Electric juggles heavy losses and a tanking market share, the recently ... Read More


[Update] Antfin Sells Eternal Shares In INR 4,096 Cr Block Deal

India, Aug. 7 -- Update | August 9, 01:03 AM A day after reports surfaced that Antfin was looking to exit Eternal, the Alibaba Group's affiliate offloaded 14.13 Cr shares of the foodtech company on T... Read More