India receives $18 billion bids for 5G auction, expects launch in September

India received bids worth $18 billion on the first day of an auction for the 5G airwaves from tycoons including Mukesh Ambani and Gautam Adani as t...

Wednesday, 27 July 2022, 03:29 Hrs

Uber India collaborates with fintech company Moove to improve driver participation

Uber India is partnering with fintech company Moove to provide accessible vehicle loans exclusively to drivers riding on its marketplace. The N...

Tuesday, 26 July 2022, 03:25 Hrs

VC funding plunges in India in Q2 as investors focus on cash preservation

VC investment in India dipped in the April-June quarter (Q2) as investors shifted their focus to cash preservation in anticipation of funding becom...

Monday, 25 July 2022, 09:18 Hrs

Facebook parent Meta aims investment in Indian startup Better Opinions

Facebook-parent Meta, which counts India as its largest market by users, is gearing up to make its third startup investment in the South Asian mark...

Friday, 22 July 2022, 11:47 Hrs

Bounce to trade its electric scooters through Flipkart

Electric scooter maker Bounce will start selling its Infinity brand scooters through homegrown ecommerce marketplace Flipkart from July 22. Bounce will deliver the scooter to the homes of customers within 15 days of booking. Initially, customers from New Delhi, Gujarat, Karnataka, Telangana, and Maharashtra will be able to access the pro...

PharmEasy seeks $200 million fund raising at lower valuation: Report

PharmEasy seeks $200 million fund raising at lower valuation: Report

Drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15% or even 25% lower than last year's $5.1 billion, two people with direct knowledge of deal talks said. Signalling growing stress in India's startup ecosystem, one source said PharmEasy, backed by big-name ...