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D2C Startup The Whole Truth Bags $15 Mn To Expand Into New Categories
D2C startup The Whole Truth has raised $15 Mn (around INR 129 Cr) in its Series C funding round led by European investment firm Sofina. The round also saw participation from existing investors...
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Meet The 5 Startups Part Of Third Cohort Of ‘Flipkart Leap Ahead’
Flipkart Ventures, the investment arm of Flipkart, has selected five startups for the third cohort of its accelerator programme Flipkart Leap Ahead (FLA). The FLA programme aims to foster innovation...
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Tesla Prepares For India Entry, Begins Process To Ship EVs: Report
Elon Musk-led Tesla, which is gearing up for its entry in the Indian market, has reportedly begun the process to ship a few thousand electric cars to a port near Mumbai over the coming months. Citing...
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Andhra & Maharashtra Telecom Depts Fine Airtel For Flouting Norms
Telecommunications giant Bharti Airtel has been slapped with penalties to the tune of nearly INR 8 Lakh by the telecom departments of Maharashtra and Andhra Pradesh. In an exchange filing on Thursday...
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FirstCry’s Company Secretary Resigns To Pursue New Avenues
Omnichannel kidswear brand FirstCry will soon part ways with its company secretary and compliance officer Neelam Jethani. In an exchange filing, the company said that Jethani tendered her resignation...
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Walmart’s Q4 Gross Margins Benefit From Flipkart’s Big Billion Days Sale
Walmart’s chief financial officer (CFO) John David Rainey said that Flipkart’s annual Big Billion Days (BBD) sale “benefitted” the gross margins of the retail giant’s international business during the...
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WLDD In Talks To Acquire ScoopWhoop From Troubled Good Glamm Group
Marketing company Wubba Lubba Dub Dub (WLDD) is reportedly in talks to acquire digital media platform ScoopWhoop from cash-strapped The Good Glamm Group (GGG). “WLDD has given a term sheet, and...
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Why Indian Startups & Legacy Brands Are Rushing Into Lab-Grown Diamonds
Tiffany & Co. and De Beers — you may know the names of these Western companies due to their undisputed hold on the global diamond industry for centuries. However, what may startle you is India’s...
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PhonePe Sets IPO Ball Rolling, The Whole Truth Bags $15 Mn & More
PhonePe Sets IPO Plans In Motion After much ado, PhonePe is finally pulling into the IPO lane. The fintech juggernaut has publicly announced that it is commencing preparatory steps to get listed....
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Gujarat Budget 2025-26: Motor Tax On EVs Reduced To 1%
In a major relief for electric vehicle (EV) buyers in the state, Gujarat finance Minister Kanubhai Desai has proposed offering a rebate of 5% on motor vehicle tax on “fully-battery” operated EVs. He...
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Hit By Protests, Samsung Calls On TN Govt To Ensure Ease Of Doing Business
Amid the ongoing workers’ protest at its Sriperumbudur plant, tech giant Samsung has reportedly called on the Tamil Nadu government to intervene to ensure “ease of doing business”. “While our...
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Swiggy Shares Drop 5% During Morning Trade
Shares of foodtech major Swiggy dropped over 5% to INR 354.00 during the intraday trading session on the BSE today (February 21). The stock later recouped some losses and was trading 2.46% lower at...
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CarTrade Shares Slump 4% In Early Trade
Shares of online classifieds and auto auction platform CarTrade slumped as much as 4% to INR 1476.65 apiece during early trading sessions on the BSE today (February 21). The stock later trimmed some...
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RBI To Use AI, ML Tools To Predict Market Behaviour, Detect Abnormal Activities
The Reserve Bank of India (RBI) is examining proposed models for ‘predictive’ analysis of the markets, particularly the use of artificial intelligence and machine learning. According to a report by the...
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Head Digital Works Buys Adda52 Parent For INR 491 Cr
Online gaming company Head Digital Works Private Limited, the parent entity of A23, has acquired Adda52’s holding company Deltatech Gaming Limited for INR 491 Cr. The transaction will be completed in...
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Meet The Fintech Startups Redefining Business Lending In India
Minimum documentation. Faster processing. Easy access to credit. No wonder, fintech startups have transformed the face of business in underserved markets and unveiled a world of possibilities for small...
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Zaggle Shares Plunge 5% After Two-Day Gains
Shares of fintech SaaS major Zaggle dropped 4.6% to INR 340 apiece during the intraday trading session on the BSE today (February 21), after extending its gains for two days. The stock was last down...
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ICICI Prudential MF Raises Stake In RateGain
ICICI Prudential Mutual Fund has purchased an additional 1.62 Lakh shares of enterprise tech unicorn RateGain through a secondary market transaction, increasing its shareholding in the company to over...
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Kerala CM Outlines Startup Vision for 2026: 15,000 Ventures, 1 Lakh Jobs
Kerala Chief Minister Pinarayi Vijayan has laid out an ambitious blueprint for the state’s startup ecosystem with plans to create 1 Lakh jobs through 15,000 new ventures by 2026, news agency PTI...
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MobiKwik To Pick Up Additional 3.39% Stake In Blostem Fintech
Fintech major MobiKwik is acquiring an additional 3.39% stake in B2B banking infrastructure company Blostem Fintech Private Limited for INR 1.5 Cr. In an exchange filing, MobiKwik said, “The company...
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