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RS clears Online Gaming Bill; Bike taxis back in BengaluruThe contentious Online Gaming Bill was passed by the Rajya Sabha on Thursday, now awaiting the President’s assent. This and more in today’s...- Temasek’s Vertex Ventures to lead $50-60 million funding in SpotDraftFounded in 2017 and headquartered in Bengaluru, SpotDraft offers an AI-powered contract automation platform that assists businesses in draf...
- Ecommerce looks to cut delivery timelines as quick commerce competition loomsThe ecommerce sector in the country is getting increasingly competitive as firms strive to reduce delivery time to same-day or even two to ...
- Ecomm’s catching up with qcomm; Foxconn’s Tamil Nadu facilityHappy Wednesday! Ecommerce firms are trying to catch up with quick commerce players as they shorten their delivery timelines. This and more...
- India Inc's GCC play; BharatPe, Licious financialsIndian businesses are expanding their technology capabilities through global capability centres, paralleling international firms operating ...
- Purplle’s extended fundraise; VCs increased scrutinyVenture capitalists are taking a hard look at early-stage startups before signing off on follow-on funding. This and more in today’s ETtech...
- Zomato-Paytm ticketing deal; Oyo’s Rs 1,000-crore fundingZomato is looking to strengthen its ‘going-out’ business with the acquisition of Paytm’s ticket booking and events business. Details on thi...
- Licious turning omnichannel with five stores in Bengaluru by JuneLicious founders plan 500 stores in 5 years with 6% operating profit margin. Targeting profitability by FY25, focusing on offline strategy....
- Board exits at Paytm bank; Mamaearth’s Q3 profit up 265%Shinjini Kumar, a former Bank of America and PricewaterhouseCoopers (PwC) executive, resigned from the payments bank’s board in December, w...
- Licious lays off 80 employees as part of 'operational reset'The impacted employees are being offered two months’ salaries as compensation, along with the variable payment for FY24, it added in a stat...
- ETtech in-depth | Lacking bite and funding, online meat ecosystem returns to the drawing boardThe potential from low online penetration and lack of organisation has seen marquee investors such as Temasek, Prosus, Tiger Global, 3one4 ...
- Govt rules out review of egaming GST notices; WestBridge to buy secondary stake in MeeshoOnline gaming firms aren’t getting any immediate relief from their Goods and Services Tax (GST) woes, as tax notices stand on firm legal gr...
- Licious sees losses narrow 38%, revenues advance 9.5%Licious’s total expenses for FY23 stood at Rs 1,309.3 crore, up from the Rs 1,191.5 crore it had spent the previous year. Cost of materials...
- Dunzo asks rainmaker Reliance for more monies; OneCard, WintWealth apply for NBFC licencesA week after ET reported that Dunzo may lay off more employees after the April carnage when it cut 300 jobs, more bad news is coming. The q...
- Good Glamm Group bags $150 million funding at $1.2 billion valuationThe funding round catapults the consumer brand firm into an ever-growing tribe of Indian unicorns, which are privately held startups with a...
- What A16z’s CoinSwitch bet means; MyGlamm's Rs 500-crore acquisitionNow that Andreessen Horowitz's deal with CoinSwitch Kuber is official, we take a look at the details, and what this means for India’s start...
- India’s first non-veg unicorn; Facebook outage explainedLicious has raised $52 million in a funding round led by IIFL Asset Management's private equity fund at a valuation of just over $1 billion...
- ETtech Morning Dispatch, 19 Jan. 2021: Top Tech News to Start Your Day
- Pausing, then starting up againFive startup founders narrate their experiences on how they have been able to deal with the challenges and adapted to the changed circumsta...
- RIL-Netmed deal to bring attractive returns for Sistema Asia FundSAF, a venture capital fund sponsored by Russia's Sistema PJSFC, is focussed on investing in technology-enabled, consumer and business-orie...
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