While Goyal did not take names, he was likely referring to Rapido’s foray into food delivery. The Swiggy-backed company is set to expand food delivery offerings in Bengaluru and other cities with an aim to disrupt the Zomato and Swiggy duopoly.
The exchange has promised up to 25% of recovered funds to 'individuals or teams who can help trace and retrieve the stolen crypto' and, assist in the 'identification and conviction of those involved'
While the comparable periods are not similar as Swiggy is yet to announce its Q1FY26 results, it is likely that Swiggy’s cash balance will further reduce from Rs 6,695 crore, and widen the gap with Eternal, as the Bengaluru-based company invests in Instamart, its quick commerce arm.
The state government is supporting emerging tech clusters in Mysuru, Hubballi-Dharwad and Belagavi among others
Paytm is expected to post its first-ever quarterly profit on a revenue of Rs 1,910 crore, according to JM Financial. Analysts say lending traction and cost cuts may drive the turnaround, though revenue growth is likely to remain flat sequentially
Acqui-hiring accelerates innovation by acquiring skilled AI teams, bypassing recruitment challenges. This trend, especially in India, allows companies to quickly integrate expertise, enhance products, and secure financial exits for startups
From bakery to baggage, private equity funds and family-owned businesses are shaking hands as Millennials/Gen Zs are choosing to forge their own path, and families are wanting a catalyst for their next phase of growth. An ageing crop of Promoters is also driving PE interest in traditional firms.
Zoho’s goal is not to compete with general-purpose models like ChatGPT but to solve specific business needs through vertical-focused AI, Vembu has said
Over the last two years, India’s startup cohort has gone through the full arc - from euphoric listings to painful drawdowns, and now a more measured phase of rationalization and re-rating.
CoinDCX confirmed the same and added that no customer funds were impacted in the breach. All trading activity and INR withdrawals continue to be fully operational.
Average HNI trading volumes have gone up by nearly 30 percent across exchanges within the first 15 days of July, as compared to the June figures.
An internal succession marks the next phase for the cloud kitchen pioneer as it eyes deeper global expansion and operational scale under new leadership.
Nazara Technologies recently announced that it will give up majority control of Nodwin Gaming to focus more on its core gaming business.
Lenskart estimated that it closed FY25 with $455 million (Rs 3,865 crore) in revenues from its India business, with the remaining $300 million (Rs 2,550 crore) coming from its international operations, the document showed.
PayU India hope to stablise margins, with credit business expected to breakeven in Q2 on the back of merchant lending, Arvind Agarwal tells Moneycontrol, as he shares how payments and credit businesses are faring after a turbulent period
With the new role, Mishra will become a key person at Flipkart as she will overlook the operations of up and coming Minutes, the quick commerce arm of Flipkart and Mobiles, a key revenue driver for the company.
The move is likely to promote transactions in cash in other parts of the country.
Among cities, Mumbai leads with 15 entrepreneurs, reaffirming its dominance as India’s financial capital
Launched in July 2024, Super.money has grown into India’s fifth-largest UPI payments app ahead of established players such as BHIM, WhatsApp Pay, Cred and Amazon Pay
The court has also set aside its previous order from June 4 that had dismissed WazirX’s proposed restructuring scheme.
Bhutan recently launched its first crypto use case by allowing payments through Binance Pay to attract tourists. The government believes enabling crypto tourism would also be a boon for the small and medium enterprises
A Bangalore-based fintech is testing tokenised fractional stock ownership with SEBI’s approval, allowing investors to legally own slices of high-value shares
The transaction involved the sale of a 6% stake held by long-time backer Apax Partners to a consortium of 22 institutional investors
Its third fund, which will be finalised in the coming months, will allow Sparrow Capital to become a more competitive VC fund and bet more aggressively on high potential founders
The Tiger Global-backed company, which turned its insurance operations Ebitda-positive in the second half of FY25, is setting up a dedicated vertical--Plum Health--to offer diagnostics, teleconsultations, and AI-powered health tracking to working professionals across India.
