Income Tax Officials Conduct Surveys At Flipkart-Owned Instakart, Swiggy Over Bogus Input Tax Credit
Two of India’s biggest startups have had the taxman come knocking at their door. The Income Tax Department on Thursday conducted surveys at…
Category: Startups
Skyroot Aerospace Becomes First Indian Company To Successfully Test Solid-Fueled Rocket Engine
Even as people are trying to battle the coronavirus on earth, some Indian startups are making their marks in the skies. Space-tech startup…
Content Platform Glance And News App Dailyhunt Become Unicorns After Google Investments
India’s economy might not have yet fully recovered from the coronavirus, but it’s still raining unicorns in the country. Investments led by Google…
Pine Labs Raises Funds At $2 Billion Valuation, Becomes India’s Third Most Valuable Fintech Startup
India’s consumer-facing fintech startups are all the rage, but there’s value quietly being created in the B2B space. Pine Labs, which builds payment…
Zomato Raises Funds At $3.9 Billion Valuation, Says Its Order GMVs Are Now 25% Higher Than Before Covid
There are signs that even sectors that were amongst the most severely impacted by the coronavirus pandemic are now recovering. Zomato has said…
Urban Company Treats Blue-Collar Workers The Best, Zomato & Swiggy The Worst: Report
Most surveys around the best places to work for focus on white-collar employees — these surveys take into account perks, swanky offices, and…
Ola To Invest Rs. 2,400 Crore In TN, To Set Up “World’s Largest Scooter Manufacturing Facility”
After seeing its ride-hailing business be battered by the coronavirus pandemic, Ola is moving into a whole new sector: manufacturing. Ola has said…
Oyo Lays Off 600-800 Employees In Fresh Restructuring: Report
Beleaguered hospitality companies are still trying to come to terms with the coronavirus pandemic. Oyo Rooms has laid off 600-800 employees in a…
PhonePe, Bought By Flipkart For $20 Million In 2016, Is Now Worth $5.5 Billion
Flipkart is known for managing to get the biggest-ever exit in the Indian startup ecosystem — it was acquired by Walmart at a…