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Govt cracks down on Grok; India’s legal gap on deepfakesHappy Thursday! The government has sought more details from X regarding obscene content generated on Grok. This and more in today’s ETtech ...- Meesho senior executive Megha Agarwal resignsMegha Agarwal, general manager-business, Meesho has quit the ecommerce marketplace, according to a stock exchange filing. Agarwal, who repo...
- xAI's $20 billion fundraise; General Catalyst CEO on AIElon Musk's xAI has raised $20 billion in its latest fundraise, taking its valuation to $230 billion. This and more in today's ETtech Top 5.
- Meesho expanded ecomm beyond India’s top 5%, say executives, backersFounder and CEO Vidit Aatrey, reflected on the early days of ecommerce in India, noting that online shopping and buying branded fashion and...
- Meesho IPO: Strong anchor book signals global confidence; CEO says free cash flow to stay in focusMeesho’s top leadership outlines strong anchor investor interest, growth plans, and the roadmap to profitability ahead of its IPO. CEO Vidi...
- Meesho IPO: How the women-powered platform left Amazon and Flipkart chasing discountsMeesho has emerged as India’s largest e-commerce marketplace by tapping millions of value-conscious shoppers in small towns. Built on low p...
- SoftBank-backed Meesho set to seek up to $605 million via IPOIndian e-commerce firm Meesho, known for its low-priced offerings, is set to raise $606 million through an IPO to expand into smaller towns...
- CFOs are quitting Indian firms before finishing 2 yearsMany Chief Financial Officers in India leave their jobs quickly. Misalignment of responsibilities is a major reason. Other factors include ...
- Budget 2024: TDS cut, ecommerce hubs to free up capital, propel growthFinance minister Nirmala Sitharaman said the TDS for ecommerce operators for certain payments to “ecommerce participants” will be cut from ...
- Ecommerce festive sales off to a bright start on deep discountsBrands and ecommerce platform executives said they have seen a better-than-expected start to festive season sales at the end of the first w...
- Meesho eyes three-fold festive season order growthSince its launch last year, Meesho Mall has been growing by about 30% month-on-month and has processed approximately 1 crore orders in the ...
- Founder Vijay Shekhar Sharma’s stake in Paytm touches 20%; Data Bill passed in Lok SabhaIn a move that Vijay Shekhar Sharma no doubt hopes will please regulators and convince them to greenlight the Paytm founder’s business plan...
- Meesho says logged first monthly profit after tax in JulyIn a statement on Monday, the Bengaluru-based firm, which is backed by SoftBank and Meta, said that it has seen its order volumes surge by ...
- E-commerce startup Meesho plans IPO in 12-18 monthsMeesho competes with Amazon and Walmart's Flipkart in India's fast-growing e-commerce market, with its website becoming popular by targetin...
- Facebook-backed Meesho targets early 2023 for IPOThe Bengaluru-based social commerce platform is working to be ready for a listing by the end of 2022 and is evaluating both Indian and US e...
- Investment banking industry struggles to attract talent amid exodus of senior professionalsOf the 300 middle and senior-level moves in investment banking in the last 12 months, about 65% have joined other domains, from startups to...
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