Zomato Cuts Investment in Blinkit to $320 Million
In an earnings call on August 2, Zomato co-founder Deepinder Goyal said that Zomato is lowering its overall investment guidance in Blinkit to $320 million...
Tag : Uber
CCPA Issues Unfair Trade Practices Notice to Ola and Uber
Consumer protection watchdog CCPA said on Friday it had issued notices to taxi aggregators Ola and Uber alleging unfair trade practices and consumer rights violations....
Locofy.ai Raises $3 Mn in Pre-Seed Funding
Locofy.ai has raised $3 million in pre-seed funding from investors such as Accel India, January Capital, Golden Gate Ventures and Boldcap, the company announced in...
Refyne Raises $16 Mn From DST, RTP Global
Refyne said on Wednesday that it has raised $16 million in Series A funding from partners of DST Global and RTP Global. Refyne works with...
TaxiForSure Co-founder’s New Startup Zolve Raises $15 Mn
Online taxi booking service TaxiForSure got $10 million in a Series B round of funding, led by Bessemer Venture Partners along with existing partners Accel...
Paytm Announces 0% Fee On Wallet Payments For Merchants
Digital payments company Paytm has announced that Paytm merchants can now receive unlimited payments through Paytm Wallet, UPI, and Rupay cards at zero per cent fee. The move is...
Toyota-Backed Pony.ai Raises $ 267Mn in New Funding Round
Toyota Motor Corp-backed Pony.ai on Friday said that it has raised $267 million in the initial phase of its last funding round valuing the startup at...
Amazon Introduce Food Delivery Business in India
Amazon has announced to enter the vast online food delivery market in India. Amazon will start its operation as Amazon Food at select pin codes...
Bajaj Auto to Invest in EV Cycle Sharing Platform Yulu
India’s second-largest motorcycle manufacturer Bajaj Auto Ltd will invest in Yulu which is a Bengaluru based cycle sharing platform, which offers electric cycles and bicycles...
#BoycottMillennials: Twitter Roasts Sitharaman's Comment
Making it an unintentional ‘havoc’, Finance Minister Nirmala Sitharaman on Wednesday said that millions of people have mindset that the reason behind slowdown in the automobile sector was...