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Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.
SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
Ahead of Market: 10 things that will decide stock market action on MondayIndian equity benchmarks closed modestly higher on Friday, with financial stocks leading the gains. The Nifty and Sensex edged up, though p...
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...
Mamaearth parent Honasa Consumer may become first new-age company to announce dividendHonasa Consumer’s board will consider a final dividend on May 21 alongside Q4 FY26 results, potentially making Mamaearth’s parent the first...
Gautam Adani calls for India to build, power, and own AI infrastructure on home soilGautam Adani states energy and digital infrastructure will shape future global power. He urges India to build its own artificial intelligen...
PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
Ola's Sidharth Shakdher joins Paytm as business headSidharth Shakdher, former CBO at Ola Mobility, has joined Paytm as business head of a business unit. In his new role, Shakdher will collabo...
Paytm staff eye IPO bonanza; Ola unveils electric scootersEmployees of Paytm are looking to convert their ESOPs ahead of an IPO slated for November this year. Ola has launched its electric scooter ...
Policybazaar to team up with Paytm, Ola and IndusInd Bank for NUE bidPolicyBazaar and others have set up an entity called Foster Payment Network which will front the NUE bid under Reserve Bank of India’s fram...
ETtech Exclusive: Paytm, Ola and IndusInd Bank team up to apply for NUE licenceVijay Shekhar Sharma-led Paytm is expected to play a leading role in the consortium, in which Ola Financial and IndusInd Bank will have sig...
Paytm, Ola eye NUE licence with IndusInd Bank to rival NPCIPaytm and Ola — two of India’s largest startups — have joined hands with private sector lender IndusInd Bank to apply for a New Umbrella En...
US funds mark down Paytm & Ola valuation as Covid hits businessOla, whose business has taken a bigger hit due to the pandemic, has seen the valuation of its shares fall by nearly 50% by Vanguard as of A...
Paytm Bank partners with Ola & Uber to issue FASTags to one lakh driversFASTag is promoted by the NETC program for making toll payments directly from the customers linked prepaid or savings or current account. P...
Paytm Postpaid to move its loan book to ClixPaytm Postpaid is a credit offering through which customers can buy goods and services and make settlements later, similar to how credit ca...
Chennai rains: Indian startups like Zomato, Paytm and Ola kickstart relief measures for those stuckZomato is encouraging users to donate meals in Chennai on its app. A meal for 2 costs Rs 100, and the company has tied up with local NGOs t...
Ola launches Ola Money app for mobile recharges, transfersWith the new Ola Money app, users can pay partner merchants as well as get mobile recharges and money transfers done.