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Budget 2024 wishlist: Gaming industry seeks clarity on regulation, taxation

Firms expect Budget to address concerns on consumer/player protection, without stifling innovation

Automation, edge computing to bolster Zepto's tech stack: Kaivalya Vohra

In August this year, Zepto raised $200 million in a series E funding round at a $1.4 billion valuation to become a unicorn, ending an extended dry spell

Diplomatic row leads Maldivian storm spread to travel, trade, celebland

As #BoycottMaldives trended, a travel technology firm decided to indefinitely suspend all flight bookings to the island nation. Meanwhile, searches for Lakshadweep shot up manyfold

Incubators give warmth to startups in India amid a funding winter

India has the second-largest network of startup incubators and accelerators with 718 such firms

Zomato begins liquidation of its Vietnam-based step-down subsidiary

Zomato's revenue from operations rose 71 per cent year-on-year (Y-o-Y) to Rs 2,848 crore in Q2, up from Rs 1,661 a year ago. It had reported a revenue of Rs 2,416 in the previous quarter

US-based fund manager Invesco marks up Swiggy's valuation to $8.3 billion

Besides Invesco, US-headquartered asset management firm Baron Capital had also marked up the value of its stake in Swiggy to $8.54 billion in August last year

Zoomcar to turn profitable for the full year in 2024: CEO Greg Moran

Car sharing platform gets 90% of its business in India, went public last week

Food, quick delivery platforms clock all-time high orders on New Year's Eve

While Bengaluru, New Delhi, and Mumbai saw the highest number of orders among the metros, cities such as Jaipur, Chandigarh, and Ahmedabad too witnessed significant demand

Angel investments in Indian startups maintain pace amid funding winter

While overall deal volumes among startups have fallen, investment activity among the country's most-active angel investors have been relatively steady

Zomato increases platform fee to Rs 4 from Rs 3 in select markets

The fee is levied on all customers, regardless of whether they are part of the company's loyalty programme Zomato Gold, which provides benefits such as free deliveries and increased discounts

Blinkit 2023 report: Bizarre buys from condoms to maggi & iPhones

A customer ordered 2,670 toothbrushes in 2023, nearly 7 a day

2024 to see surge in new-age tech IPOs as macroeconomic headwinds ease

A total of five companies went public in 2023, up from three the previous year. These include Yatra, Zaggle, Yudiz, IdeaForge, and Mamaearth, with a cumulative issue size of around Rs 3,650 crore

Dec 2023 becomes highest funded month as startup investments cross $1.6 bn

Budding companies had raised $1.4 million in January this year. Regardless, startup funding hit a seven year low in 2023

PhysicsWallah FY23 revenue up 3.4x, profitable for third consecutive year

PW's revenue from operations rose to Rs 771.76 crore during the fiscal year ended March 2023, compared to Rs 232.47 crore in the previous fiscal year and Rs 24.6 crore in FY21

Zomato receives Rs 402 cr GST show cause notice, says 'not liable to pay'

The company claimed that it is not liable to pay the penalty for the period from October 29, 2019, to March 31, 2022

PE/VC investments in India fall 41% to $27.9 mn in 2023, exits increase

'Dip reflects a deliberate move by investors towards more selective investments'

Great time to be deploying capital, will be busy in 2024: Fundamentum GM

Focus on technological edge and prudent deployment

India Inc seeks 3.9 mn jobs for frontline workers in H1 FY24: Report

Most of this demand was driven by the logistics and mobility sector, which accounted for over 50 per cent of the total demand

India-focused VC funds continue to raise capital despite funding winter

As of December 2023, 185 India-focused VC funds are in the market, aiming to raise a combined capital target of $10.73 billion, according to Preqin

Food delivery major Zomato denies it is acquiring logistics firm Shiprocket

Deal for $2 bn is 'incorrect news, media speculation', says company in response to reports