HSBC cuts E-commerce Unicorn ElasticRun's valuation to $800 million

In a recent round of valuation, HSBC has remarkably reduced the its valuation estimate for the Pune-based B2B ecommerce startup Elastic Run from $1...

Monday, 10 June 2024, 07:32 Hrs

Co-Founder & CTO of Unacademy resigns to be part of 'Advisory Team'

The co-founder and chief technology officer of Unacademy, Hemesh Singh has recently decided to quit after serving almost a decade at the Bengaluru-...

Monday, 10 June 2024, 07:24 Hrs

SEBI submits stricter rules for trading on Individual Stocks

SEBI, India’s business market regulator has proposed more tight principles on exchanging individual stock subsidiaries, contending the standa...

Monday, 10 June 2024, 03:18 Hrs

Tech based engineering organisation STEER World ropes Vishal Mehta as director

STEER World, an international corporation specializing in engineering innovation and material transformation technologies, has named Vishal Mehta a...

Saturday, 08 June 2024, 09:03 Hrs

Motovolt Mobility joins with ZEVO to launch 5000 M7 E-scooters for Urban Logistics

ZEVO and E-Mobility company Motovolt Mobility have collaborated to produce 5,000 M7 electric scooters.  The partnership focuses on improving last-mile logistics and urban mobility. ZEVO, which is known for its tech-enabled logistics solutions, wants to use this partnership to make the e-commerce, quick commerce, and food tech industries...

Ather Energy's 42% stake is now under the control of Hero MotoCorp!

Ather Energy's 42% stake is now under the control of Hero MotoCorp!

India’s top two-wheeler manufacturer Hero MotoCorp has sanctioned the acquisition of additional stake of 2.2 percent in the electric scooter making startup Ather Energy for around Rs. 124 crore (probably $15 million). This is the third consecutive investment of Hero MotoCorp in the Bengaluru-based startup in the last nine months.  ...