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NAMMA YATRI CASE
Karnataka HC stays AAR notice to Juspay in Namma Yatri caseEarlier, the Karnataka Authority for Advance Ruling (AAR), had in a notice to Juspay Technologies, said that it might void an earlier rulin...- Digital lenders stay cautious; Swiggy sees no easy wins for RapidoHappy Thursday! Some digital lending startups reported modest profit growth in FY25, while others have pulled back on IPO plans. This and m...
- Rapido to expand services to 500 citiesRapido, supported by WestBridge, plans to expand its services to 500 cities, starting with Karnataka, Gujarat, Tamil Nadu, West Bengal and ...
- WestBridge Capital-backed Rapido to ride in with services to 500 cities, up from 120 nowRapido, backed by WestBridge Capital, plans to expand its operations from 120 to 500 cities, starting February, targeting initially Karnata...
- GST on rides: CBIC gives a week’s time to ecommerce firms to give views, promises clarificationA three-member team led by CBIC chairman Sanjay Kumar Agarwal met with representatives from the app-based transportation companies at North...
- GST haze holding up funding, innovation at ride-hailing companiesApp-based ride-hailing firms have put innovation and fresh investments on the backburner due to uncertainty around the Goods and Services T...
- Rapido liable to pay GST for cab services: Karnataka AARThe Bengaluru-based company is evaluating challenging the ruling, which opens it up to previous tax dues. Rapido, which originally started ...
- Ola Electric IPO pricing; insolvency order against Byju’sOla Electric's initial public offering (IPO) may hit the market at 30% below its last valuation. This and more on today’s ETtech Top 5.
- Uber, others seek clarity on GST after conflicting rulingsApp-based mobility providers, including Uber, seek clarity on GST liability following conflicting rulings. Companies approach finance minis...
- Ola, Uber roll out subscription-based plans for auto driversAdopting Namma Yatri, Rapido model may help platforms bypass 5% GST on auto rides. Ola has released its subscription model over the last fe...
- AWS, EkStep Foundation partner to develop digital public goodsAmazon Web Services India and EkStep Foundation have established a Joint Innovation Center (JIC) to develop digital solutions for public se...
- Google announces AI-powered features for Maps in IndiaEarly next year, the company will roll out Address Descriptor, an India-first innovation to help users find locations more easily. Google w...
- Juspay’s new adventures: full-stack payments and US marketCompany is building a full-stack payment gateway that can offer card, wallet and UPI-based transactions
- AAR ruling could offer advantages to e-commerce platforms facilitating logisticThe GST Authority for Advance Rulings (AAR) in Karnataka has ruled that Juspay Technologies, the company behind the ride-hailing app 'Namma...
- Namma Yatri to start charging Bengaluru auto drivers; SoftBank’s Arm set for year’s biggest IPOBengaluru’s Namma Yatri autodrivers won’t have a free ride anymore. The ride-hailing app, launched by a city autorickshaw union late last y...
- Early-stage VC fund Antler India launches ONDC-focused platform for founders with FIDE, Nandan NilekaniThe platform is also offering “pre-team” and “pre-idea” founders the opportunity to work with operators and network participants such as Na...
- ONDC to launch revised incentive structure from June 1Under the new scheme, the maximum discount that can be offered per order has been limited to Rs 100, compared to Rs 125 earlier. Further, t...
- Namma Yatri on ONDC fast lane, nets 20% of daily Bengaluru rides from rivalsLaunched by SoftBank-backed Juspay, it is already undertaking an average of 30,000 auto rides a day, growing at 100% month on month, as per...
- Mobility drives highest number of transactions on ONDC: CEO Thampy KoshyThe network has facilitated 22,000 transactions so far till March 31. While retail accounts for 16,220 transactions, mobility (excluding Na...
- IT firms could buy tech captives of crisis-hit banking sector; Hindenburg accuses Jack Dorsey's Block of $1B fraudSeveral analysts believe that the global capability centre (GCC) ecosystem has significantly changed since the 2008 crisis stage and that t...
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