SoftBank ready for big ticket investments whenever there's an opportunity, says management

The letter signed by at least 12 founders claimed that the punitive directions of the Reserve Bank of India on Paytm Payments Bank can have "detrimental consequences for the FinTech ecosystem"

PhonePe has been broadening its ambitions beyond payments, with the launch of an e-commerce-focused app called Pincode and an investment app for stocks and mutual funds called Share. Market.

The new appointment comes months after reports said that Aakash Chaudhry, the promoter of Aakash Educational Services won't be returning as CEO of the coaching company.

Over the past year or so, Amazon’s competitive intensity has reduced, according to a founder who is a top seller on both Amazon and Flipkart.

These tools are just the beginning. Share.Market distinguishes itself from other platforms with their offering of intelligent investing and this groundbreaking intelligence layer is the application’s USP.

Hero MotoCorp-backed Ather Energy ranked fourth in the pecking order, with sales going up to 10,080 units in July from 6,192 units in June, achieving a 63 percent month-on-month growth and a nine percent market share.

In 2020, Ola suspended shared rides temporarily in an effort to curb spread of coronavirus that has killed over 10,000 persons so far globally.

The comments are of particular importance because companies like Blinkit, Swiggy Instamart and Zepto have all unanimously denied they are growing at the cost of kiranas.

The company attributed this success to a strategic focus on driving operating leverage through automation and cost efficiencies.

Top drone startups in India have seen a robust 279% rise in average funding, yet the country trails other nations in funding size

DLAI was among the three organizations that applied for SRO-FT and is awaiting RBI’s nod on the same.

Since its last primary fundraise in 2021, Porter has completed at least two friends and family rounds which doubled its valuation from $500 million to $1 billion in a span of about three years without any institutional fundraise, Moneycontrol had exclusively…

Rapido is also entering the quick commerce delivery segment for hyperlocal deliveries and has recently gone live with Pincode and KPN Farm Fresh

For FY23, Zeta reported a net profit of Rs 22 crore on revenue of Rs 816 crore,