Articles for Recent News

Ola To Re-enter Grocery Delivery Via ONDC

In July 2015, the company launched an online grocery store in Bengaluru, shortly after introducing a food delivery app in March of the same year. However, both services were discontinued within nine months, according to media reports.

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Olyv Reports Profitable FY24, Clocks Over Rs 250 Cr Revenue

Marquee investors continue to show their support towards Olyv’s vision and execution capabilities, having injected around USD 25 million in equity and around 80 million in debt till date

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AWS Launches Inaugural Space Accelerator Program In India For 24 Startups

The accelerator, supported by T-Hub and Minfy, will offer startups specialised AWS training and mentorship from space and technical experts

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Nodwin Gaming To Acquire Freaks 4U Gaming In Rs 271 Cr Share Swap

NODWIN Pte will initially increase its existing stake in Freaks 4U Gaming to 57 per cent and the remaining 43 per cent held by the founders Michael Haenisch, Matthias Remmert and Jens Enders will be swapped at a later time at its option

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Video Commerce Gains Popularity, Indians Spend Over 2 Mn Hours Video Shopping, Says Flipkart

Flipkart highlighted three main reasons for the popularity of video commerce among the under-30 demographic in smaller cities: relatability, trust, ease of access, and interactivity. Direct-to-consumer (D2C) brands, sellers, and farmers also find significant value in video commerce offerings

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Snitch Sales Soar 130%, Gains 2.4% Market Share With Offline Push

In the last six months alone, Snitch has expanded its offline presence, opening a new retail store every two weeks. Currently boasting 11 stores in cities such as Vadodara, Pune, Hyderabad, Bangalore, Surat and Ahmedabad, the brand aims to launch 40 more stores by year-end

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SEBI Enforces New Norms To Regulate Finfluencers

Sebi allows registered entities to associate with unregistered entities solely for sharing educational content, according to reports. It also mandated that registered entities must ensure their associates do not engage in prohibited activities

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Emcure Pharma Set To Launch IPO On July 3

Kotak Mahindra Capital Company, Jefferies India, Axis Capital, and JP Morgan India are the book-running lead managers for the issue

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Maharashtra Aims For 50,000 Startups: Industries Minister Uday Samant

Additionally, Samant said, “The Union Government recently issued a list of startups in the last two years, out of which 8,300 are in Maharashtra, making it the number one state in the country"

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