Oyo Rooms Is Seeking A Rs. 4,500 Crore Loan As It Grapples With The Pandemic
Of all the industries the coronavirus pandemic has hit, it has been probably been unkindest to hospitality — travel has virtually ground to…
Category: Startups
Moglix Becomes India’s Latest Unicorn After $120 Million Fundraise
Even as India grapples with the second coronavirus wave, it continues to churn out unicorn startups. Industrial business-to-business marketplace Moglix has become India’s…
CarTrade Files For IPO, To Raise Rs. 2000 Crore From Public Markets
Zomato had been the first Indian unicorn to file for an IPO in India last month, and it’s been closely followed by another…
Softbank Makes Stunning Comeback, Records Highest-Ever Profits For A Japanese Firm
Masayoshi Son has just cemented his place as the unquestioned king of comebacks. Son, who holds the distinction of losing the most wealth…
Newly-Minted Unicorn Groww Acquires Indiabulls Mutual Fund For Rs. 175 Crore
Flush with cash, India’s fintech companies are snapping up assets from much more established competitors. Investment app Groww, which became a unicorn earlier…
Ola Will Now Provide Free Delivery Of Oxygen Concentrators
India’s startups now seem to be stepping in with their expertise to help India fight the latest Covid wave. Ola has said that…
PhonePe Grows Lead In UPI Payments With 45% Share, Google Pay Slips
After being neck-and-neck for years, PhonePe now seems to be pulling ahead of Google Pay in India’s UPI sweepstakes. PhonePe has once again…
WhiteHat Jr Withdraws Defamation Suit Against Critic Pradeep Poonia
It appears that a humble David has finally prevailed over the Goliath of India’s tech world. WhiteHat Jr has withdrawn its defamation suit…
Mahindra Group Acquires 57% Stake In Meru Cabs For Rs. 98 Crore, Now Fully Owns Company
The lockdown has hurt the entire cab hailing industry in India, and the third — and often forgotten player — has bowed out….