Karachi-based social commerce platform DealCart raised a $4.5 million in Pre-SEED led by Shorooq Partners where Fatima Gobi Ventures, Vibe Capital, 500 Global, i2i Ventures, Rally...
Reliance Retail-owned logistics provider Grab integrated its platform with the Open Network for Digital Commerce (ONDC) network. After Dunzo, this is the second Reliance Retail-owned startup...
Digital marketing startup Logicserve Digital raised undisclosed amount of funds from alternate asset management firm Florintree Advisors also announced its rebranding as LS Digital. LS Digital...
The lendingtech sector in India is likely to come under renewed scrutiny of the Reserve Bank of India (RBI) according to Boston Consulting Group (BCG). It...
South Africa-based Qwili, a hybrid hardware-software startup, raised $1.2 million in SEED led by E4E Africa, an entrepreneur-centric VC firm, where Strat-Tech, Next Chymia, and Untapped...
Platform for ride-hailing Ola begun the process of laying off approximately 1,000 employees across multiple verticals while also ramping up hiring for its electric vehicles (EVs) business....
Electric mobility startup Ola Electric announced the signing of an agreement with the Ministry of Heavy Industries under the government’s Production Linked Incentive (PLI) scheme to...
Internet penetration in rural India has increased 37% year on year (YoY), with 351 million active users expected in 2021. According to an ICUBE 2021 study...
Zomato’s proposal to acquire the hyperlocal quick commerce startup Blinkit was approved by 97% of shareholders, according to the company’s BSE filing, Following majority approval, Zomato will...
Hyperlocal startup ChattyBao raised over $5 million in seed led by Vertex Ventures Southeast Asia & India and Info Edge Ventures where 7Square Ventures and a...
