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Eternal Gets INR 128 Cr GST Demand, Penalty Notice

India, Oct. 22 -- Adding to its tax troubles, Zomato and Blinkit parent Eternal has now received a GST demand order totalling INR 128.4 Cr, including a demand of INR 64.2 Cr and a penalty of INR 64.2 ... Read More


India Quotient Closes Fund V At $129 Mn To Back Early Stage Startups

India, Oct. 22 -- Early-stage focussed venture capital (VC) firm India Quotient has closed its fifth fund (Fund V) with an investment of $129 Mn (about INR 1,132 Cr), over double the size of its $64 M... Read More


MeitY Proposes New IT Rules To Tackle Social Media Deepfake Abuse

India, Oct. 22 -- To curb the growing menace of AI-generated deepfake content, the Ministry of Electronics and Information Technology (MeitY) has proposed amendments to the Information Technology Rule... Read More


Innoviti Trims FY25 Loss By 12% To INR 62 Cr

India, Oct. 22 -- IPO-bound fintech startup Innoviti managed to cut its FY25 losses by 12% to INR 62.1 Cr from INR 70.5 Cr loss incurred in the previous fiscal year. The improvement in the bottom line... Read More


Away From The Buzz: How Moglix Built A $700 Mn Global B2B Marketplace

India, Oct. 21 -- India's ecommerce narrative has been dominated by consumer marketplaces and D2C brands. From record-breaking festive sales and the rise of new-age brands to the explosive growth of q... Read More


Inside IPO-Bound Curefoods' Cloud Kitchen Network & Acquisitions Playbook

India, Oct. 21 -- When Ankit Nagori launched Curefoods in 2020, the cloud kitchen market was on the verge of an inflection point. Even though Rebel Foods had been around for years before that, many ex... Read More


Shadowfax Gets SEBI Nod For Its IPO

India, Oct. 21 -- The Securities and Exchange Board of India (SEBI) has given its go ahead to logistics major Shadowfax's confidential IPO papers, over three months after the company pre-filed its DRH... Read More


Ola Electric Faces Police Probe Over Employee Suicide, Company Denies Allegations

India, Oct. 21 -- Reader discretion is advised The following article contains reporting around a death by suicide. If you or any of your loved ones need help or are in mental distress, please reach o... Read More


Indian Unicorn Tracker: Funding, Investors, Revenue And More

India, Oct. 20 -- The year 2025 kicked off on a high note for India's startup ecosystem, with Netradyne becoming the first unicorn just days into the new year. But any hopes of a unicorn revival were ... Read More


Eternal's Zomato Conundrum

India, Oct. 20 -- Eternal is torn between Zomato and Blinkit. As soon as one stabilises the other one hits a snag. And as the Q2 results show, Eternal is banking on food delivery for profits and quick... Read More