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Cars24 annualised transaction GMV crosses ₹11,000 crore as profitable growth and AI-led operating leverage strengthen across marketsCars24 experienced a robust growth trajectory in August, showcasing a striking 37 percent year-on-year rise in GMV. Notably, the adjusted n...- Cars24 plans to go public in next 12 months: CEO Vikram ChopraSharing the company's H1FY26 financials in a post on X, Chopra said, "Hoping to go for the IPO in 6-12 months from now. We have built momen...
- SC dismisses Tiger's tax shield; H-1B holders strandedThe Supreme Court has upheld a Rs 14,500-crore tax demand on Tiger Global. This and more in today's ETtech Top 5.
- Nykaa, Mamaearth clock Q1 profits; India’s semicon pushNykaa parent FSN E-Commerce and Mamaearth owner Honana Consumer posted a strong start to FY26. This and more in today's ETtech Top 5.
- India’s shifting rides; Spinny tanks upHappy Tuesday! India’s ride-hailing sector is experiencing significant disruption, with newer challengers entering the fray. This and more ...
- CarDekho SEA raises $60 million from Navis Capital, Dragon FundCarDekho's South Asia unit secured $60 million in funding, led by Navis Capital Partners and Dragon Fund. The investment will bolster its u...
- New unicorn alert; logistics cos ride q-comm bandwagonHappy Tuesday! Electric two-wheeler maker Ather is the newest unicorn in town. Details on this and more in today’s ETtech Morning Dispatch.
- Cars24 unveils superapp for ancillary services to monetise user baseCars24, supported by SoftBank, introduced a superapp to integrate various services, including vehicle repairs, financing, and insurance. Cu...
- EOW’s latest reveals in BharatPe probe; Narayana Murthy wants India to invest in teachersAt least eight recruitment firms involved with BharatPe, which allegedly siphoned off funds from the fintech unicorn, have been found linke...
- Digit Insurance files for Rs 5,000 crore IPO; Tiger slashes portfolio to the boneDigit's IPO plans come at a time when tech stocks have dipped owing to worsening macroeconomic conditions.
- Ola shuts down used cars and quick commerce businesses to focus on EVs, ride hailingIn an official response, the company spokesperson confirmed the development and said, Ola has reassessed its priorities and decided to shut...
- Apollo Hospitals Q4 Results: Net profit drops 46% on one-time provisioningAs part of the restructuring, the Apollo Pharmacy distribution business was re-organized into a 100% subsidiary Apollo HealthCo Ltd along w...
- Ola is set for a pre-IPO boost that'd double its valuation to $7 billionOla is finalising a pre-IPO funding round — likely to be led by IIFL Wealth Management and Edelweiss Private Equity — that would increase t...
- Ola Cars eyes $2 billion in GMV in 12 months, to hire 10,000 peopleEarlier this month, the Bengaluru-based company had announced the launch of its vehicle commerce platform that enables customers to buy new...
- Dream11 goes offline in K’taka; Urban Company responds to protestorsDream11 has halted operations after the Bengaluru Police registered an FIR against its founders. It still maintains it is not in breach of ...
- Exclusive Zomato IPO detailsIn today's ETtech Morning Dispatch: Exclusive details on Zomato IPO; One97 to file Paytm IPO papers next week; Udaan's business back to pre...
- CarTrade plans NBFC foray, may buy small cos to beef up opsOnline car buying portal CarTrade will apply for a non-banking finance company (NBFC) licence, a top company executive said, in a bid to mu...
- Cars24 tanks up for a Rs 340 crore rideSequoia Capital India, Kingsway FCI Fund & KCK Global invest in online car marketplace.
- Indian ecommerce turns into a two-horse race as smaller players face likely wipeoutAs VC funding slows to a trickle and global giants step up their investments, most online segments are quickly becoming a battle of two big...
- How Snapdeal is determined to go where most ecommerce giants like Flipkart have never beenThe online marketplace is in a hurry to grow — online and offline — as well as to get into the black. Here’s how its founders plan to do it.
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