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RAPYD FUNDING
1mg pips PharmEasy in market share; what’s behind PayU’s new business forays?Tata Digital-owned 1mg has beaten rival PharmEasy to pole position in the country’s e-pharmacy market in terms of gross merchandise value. ...
Dunzo rocked by five board exits; Anirban Mukherjee appointed PayU CEOBeleaguered quick commerce startup Dunzo, which has been scrambling to lock in some desperately-needed funding, has seen five exits from it...
Bob van Dijk abruptly steps down as CEO of Prosus, parent NaspersProsus has invested over $10 billion in India with a portfolio of startups such as Swiggy, Flipkart, Urban Company, Byju’s, Meesho and othe...
India’s late-stage tech funding stuck due to high valuations: SoftBank’s Sumer JunejaHappy Monday! We ended last week with Zepto’s $200-million funding, a rare large-sized round which made the quick-commerce company 2023’s f...
R.I.P. or ROI: Will the Zepto funding revive quick commerce? and other top tech, startup stories this weekWhile the jury is still out on the profitability — if at all — of quick commerce firms, especially as a standalone business, multiple indus...
Exclusive: Top-deck changes at PayU; SMEs tap homegrown apps for advertisingWe have a Friday AM scoop today on big changes underway at Prosus-owned online payments major PayU. This and more in today’s ETtech Morning...
Zomato Delhivers profits, Freshworks en route; and other top tech & startup stories this weekThe April-June earnings posted in the past week by companies such as food and grocery delivery platform Zomato, software-as-a-service major...
Puneet Chandok to head Microsoft India ops; PayU India may soon go for public listingFormer Amazon executive Puneet Chandok, who left the Seattle-based etailer’s Amazon Web Services team as its India and South Asia head, in ...
Decentro sets up operations in Singapore, appoints Wingpay's Saksham Shubham as business head for SE AsiaIt has also brought Saksham Shubham, a former Grab senior member and WingPay chief business officer, as business head for south east Asia t...
Paytm, Google Pay, Amazon Pay, PayU, others: Which online payment aggregator is allowed to operate, which isn't? RBI full listThe Reserve Bank of India (RBI) has recently released the status of the payment aggregators (PAs) operating in the country. All stakeholder...
Volopay raises $29 million from Winklevoss, othersRapyd Ventures, fintech veterans Jeffrey Cruttenden, Sweta Rau, founder of White Ventures, Amrish Rau, CEO of Pine Labs, and Jitendra Gupta...
ETtech Bytes on 14 Jan. 2021: Top 5 Tech News Today, In 10 MinutesFrom Google’s action against lending apps in India to UBS AG's plan to pick up $400 million stake in Paytm, here are the top-five, must-rea...
Rapyd raises $300 million in funding from Coatue, Tiger Global, othersThe company plans to use the funds raised to double the engineering and product teams, as well as expand the 'self-service' element of Rapy...