Ahead Of Festive Season, Amazon India Creates 1.1 Lakh Seasonal Jobs
Ahead of the festive season, Amazon India said it has created more than 1.1 Lakh seasonal “job opportunities” in the country.
CCI Finds Flipkart & Amazon India Guilty Of Flouting Antitrust Rules
The Competition Commission of India (CCI) has found ecommerce giants Amazon and Walmart-backed Flipkart guilty of violating competition laws.
Nykaa Allots INR 15.9 Cr Worth Of Equity Shares Under ESOP Schemes
Beauty and fashion ecommerce startup Nykaa has allocated 7.65 Lakh equity shares under its employee stock option (ESOP) schemes.
CRED Fortifies Super App Stack With Key Data Privacy, Cybersecurity Certifications
The three data privacy and cybersecurity certifications secured by CRED include ISO 27001,ISO 27701:2019, and PCI DSS v4.0
Zomato Shares Hit Fresh All-Time High At INR 285.95 Amid Rally In Broader Markets
Shares of Zomato jumped over 5% during intraday trading today to hit a fresh lifetime high at INR 285.95 apiece on the BSE.
Newly Turned Unicorn Moneyview Buys Jify To Expand Its Lending Play
This comes on the back of Moneyview entering the coveted unicorn club after raking in INR 38.6 Cr from Accel India and Nexus Ventures
Moneyview Turns Unicorn After Raising $4.6 Mn From Accel India, Nexus Ventures
Moneyview has attained the coveted unicorn tag after raising $4.6 Mn in a equity funding round from Accel India and Nexus Ventures
Vermeil Jewellery Brand Trisu Raises Funding From All In Capital, Others
Trisu raised an undisclosed pre-seed funding round from All In Capital and others to fuel its growth in the vermeil jewellery sector.
Yudiz Picks Up 51% Stake In ABCM App To Venture Into Fintech Space
Yudiz Solutions has forayed into the fintech sector by acquiring a majority stake in Mumbai-based digital payment solutions company ABCM App.
Dharaksha Pockets INR 24.8 Cr From Avaana Capital To Build Biodegradable Packaging Materials
Dharaksha Ecosolutions secures INR 24.8 Cr funding from Avaana Capital and others to scale up production of biodegradable packaging
Paytm To Shift Focus From EBITDA Before ESOP To PAT For Better Clarity On Its Financials: Vijay Shekhar Sharma
Paytm will now shift its focus from EBITDA before ESOP to profit after tax (PAT), a move aimed at offering a clearer view of financial health
EaseMyTrip Unveils ScanMyTrip On ONDC To Expand Its Travel Offerings
Online travel aggregator EaseMyTrip has now rolled out a marketplace, ScanMyTrip.com to offer travel services on ONDC
Futwork Nets INR 20.9 Cr To Offer AI-Based Customer Communication Solutions To Enterprises
Futwork has secured a INR 20.9 Cr in its fresh funding round led by the Michael & Susan Dell Foundation, Artha Ventures and Simile Capital.
Zaggle Shares Jump Over 8% To Touch Record High At INR 444
The stock hit its record high for the second straight session after rallying over 14% on September 11 to INR 420 apiece on the BSE
AFD Group’s Proparco Makes Maiden VC Fund Investment In India With Omnivore
Proparco invests $5 Mn in Omnivore's agritech and climate sustainability fund, marking its first venture capital fund commitment in India.
Kotak Downgrades Nykaa To ‘Sell’ Amid Co’s Push For Faster Deliveries
Kotak trimmed its FY25-27 EBITDA estimates by 3-7%, given lower margins expected in BPC and eB2B as Nykaa boosts quicker deliveries
Paytm To Reapply For Payment Aggregator Licence: Vijay Shekhar Sharma
Paytm shares rose over 2% on Thursday after Vijay Shekhar Sharma reiterated the company’s intention to resubmit application for a payment aggregator licence with RBI.
Paytm Committed To Integrating AI In Its Core Payment Biz: Vijay Shekhar Sharma
Fintech giant Paytm is fully committed to integrating AI in its core payment business, founder and chief executive Vijay Shekhar Sharma said
CarDekho Group Ropes In Former Google Executive Sudarshan Sharma As CBO For New Auto Biz
CarDekho Group has onboarded automotive and technology veteran Sudarshan Sharma as chief business officer (CBO) for its New Auto business
SEBI Mulls New Rules To Curb Risks Amid Boom Of Small IPOs In India: Report
The SEBI measures are in response to incidents of fraud and stock price manipulation in the micro-cap firms
Mamaearth Parent Honasa Shares Drop 6% After INR 1,763 Cr Stake Sale Via Block Deal
Shares of Mamaearth’s parent entity Honasa Consumer Ltd fell over 6% to a low of INR 490 apiece on the NSE during early trading on September 12.
India Tops Global Crypto Adoption For Second Straight Year Despite Regulatory Hurdles & High Taxes
India ranked high in the use of centralised exchanges and decentralised finance assets between June 2023 and July 2024