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Tiger Global offloads 1.7% stake in Delhivery for Rs 414 cr

Internet Fund III Pte, a fund managed by Tiger Global Management sold 1,23,63,060 shares, amounting to 1.70 per cent stake in the companyNew Delhi: Internet...

FreshToHome raises USD 104 million from Amazon Smbhav Venture, others

With the fundraising, the company aims to expand business including opening up of 100 physical retail storesNew Delhi: Startup FreshToHome, which sells fish meat and...

Panasonic India aims 14% revenue growth in FY24; to expand product portfolio

The company is expecting this current financial year to end with a revenue of Rs 11,000 crore with double-digit growthNew Delhi: Appliance and consumer electronics...

Bhumika Group to invest Rs 300 cr on commercial project in Udaipur

The company invests to develop nearly 10 lakh square feet of commercial project, comprising retail, office and hospitality area, at Udaipur in RajasthanNew Delhi:...

Twitter closes offices in Delhi, Mumbai; staff asked to work from home

The closure of the two offices in key locations comes as the platform has initiated a massive cost cutting drive globallyNew Delhi: Amid layoffs and...

Zomato setting up ‘Rest Points’ for delivery partners

Rest Points offer clean drinking water, phone-charging stations, access to washrooms, high-speed internet, a 24 7 helpdesk and first-aid supportNew Delhi: Online food delivery platform...

RBI publishes list of 54 existing online payment aggregators

The list includes Amazon (Pay) India, Google India Digital Services, NSDL Database Management, and Zomato Payments, which can continue to operate as Online Payment...

PhonePe raises $100 million in additional funding at $12 billion valuation

Fintech firm PhonePe has raised about Rs 828 crore in primary capital from new investors Ribbit Capital and TVS Capital Funds with participation from...

Xiaomi bets on 4K tech for dominance in smart TVs

Xiaomi India is banking on introducing newer technology in the 4K smart television category to maintain its lead, as it sees the market to...

Paytm completes share buyback worth Rs 850 cr

One97 Communications, which operates under the Paytm brand, has completed buyback of shares worth Rs 849.83 croreNew Delhi: Digital financial services firm One97 Commuications, which...

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Le Pain Quotidien re-enters Indian market, targets 100 outlets by 2035

The QSR chain targets a brand valuation of Rs 1,000 crore over the next decade Bengaluru: Belgian bakery and restaurant brand...