Page 96 - Peerzada Abrar

Top court refuses to entertain BharatPe's petition against PhonePe

Last October, PhonePe sought Bombay HC injunction to restrain BharatPe from misusing PhonePe's registered trademarks by using and promoting the marks 'PostPe'/'postpe'

Pine Labs makes majority investment in payment solution provider Mosambee

The leadership team at Mosambee will continue to operate independently.

Data-rich local Indian content provides fertile ground for tech companies

From creating local language content ecosystem and interactive platforms on smart TVs to helping people shop via video commerce, Indian content offers huge opportunities for tech and e-commerce firms

Ola CEO Bhavish Aggarwal shifts gear, to focus more on long-term strategy

Aggarwal on Tuesday tweeted that he is not retiring as has been portrayed by some media reports

Byju's names Amazon veteran VP tech as it scales up learning products

In his new role, Vedhanarayanan Ganeshkumar will also build and lead a talented team of engineers, software development managers, product managers, program managers

SoftBank-backed Meesho lays off 150 employees from grocery vertical

Last week, firm said it was integrating grocery biz within the core app to offer users unified shopping while driving stronger synergies across customer acquisition, technology, product and talent

Google-backed Glance launches live content platform for smart TVs

Glance TV aims to be present on approximately 30 per cent of all smart TVs in India soon

Amazon's apps witness nearly 500 mn cumulative downloads in India

Amazon counts Walmart-owned Flipkart, Reliance's JioMart and Tata among its rivals to tap the booming e-commerce market, which is expected to reach $350 billion by 2030 from $45-50 billion now

Flipkart launches its first grocery fulfilment centre in Northeast

The facility will cater to grocery needs of customers in over 800 pin codes across Guwahati and neighbouring cities and towns

SoftBank-backed Unacademy lays off 600 employees in cost-cutting drive

That's nearly 10% of the company's workforce and comes in the aftermath of the pandemic; the move follows termination if 100 staffers from PropLadder team in March

Flipkart ups IPO valuation goal to $60 bn as Covid spurs e-commerce biz

The firm now aims for a US listing in 2023 instead of this year, say sources. This would be the biggest consumer tech IPO in India

Employee wellness platform Nova Benefits aims to cover 10 mn lives by 2025

It works with over 250 companies and covers employers with teams as compact as 10 employees.

AI-based content firm Instoried raises $200 mn from GEM, seeks to go public

Funding comes in under 6 months after Instoried announced Series A round; firm says this makes it the fastest-growing deep tech startup led by a woman founder

Bounce Infinity starts rolling out electric scooter; deliveries on Apr 18

Firm competes with electric two-wheeler makers such as SoftBank-backed Ola Electric, Ather Energy, Hero Electric, Bajaj's Chetak, TVS Motor Com­pany, and Boom Motors

Rebel Foods acquires controlling stakes in luxury chocolate brand SMOOR

"This investment gives us further confidence that we have been able to consistently choose outstanding brands," said Raghav Joshi, co-founder, Rebel Foods

25% of patients could have caught Covid-19 in all 3 waves: Practo Report

The report 'Understanding Covid-19: Comparing all three waves in India' analyses how Indians accessed healthcare during the three covid waves.

Food delivery apps Zomato, Swiggy hit by hour-long technical glitch

Downdetector, a platform that collects status reports from a series of sources, recorded 3,619 reports of outage against Zomato at 2:05 PM and 771 against Swiggy at 2:21 PM

Flipkart taps healthcare sector with brand new 'Flipkart Health+' app

The tech platform Flipkart enables access to genuine medicines and healthcare products, and services for millions of customers across the country.

Google-backed Dunzo launches instant grocery delivery service in Mumbai

In less than a year, 'Dunzo Daily' is growing at a rate of more than 100 per cent month on month and is expected to fulfill more than 200,000 orders per day by June 2022

Google Maps rolls out toll prices to help people plan their trips better

For those looking to explore alternative routes, Google Maps will continue to provide the option of a toll-free route, where available, alongside options with tolls.