Month: December 2023
zoomcar: Zoomcar merges with Innovative International Acquisition Corporation
Car sharing marketplace Zoomcar and special purpose acquisition company Innovative International Acquisition Corporation (IOAC) completed their merger on Friday. The merged entity has been renamed…
pine labs: Pine Labs FY23 revenue surges 56% to Rs 1,588 crore, losses dip marginally
Merchant payments company Pine Labs reported a total revenue of Rs 1,588 crore in the financial year ended March 31, 2023, up 56% from a…
meesho fy23: Meesho FY23 revenue grows 77% to Rs 5,735 crore, loss narrows 48%
Ecommerce platform Meesho on Friday said its loss for the year ended March 31, 2023, narrowed by 48% to Rs 1,675 crore, while operating revenue…
HDFC Bank: Son fights for 9 years with HDFC Bank to get Rs 5 lakh accidental death insurance cover on debit card
HDFC Bank was ordered to pay Rs 5 lakh by NCDRC as insurance benefit to the son of a deceased customer, who had an HDFC…
Startups: ETtech State of Startups Survey: Founders resist valuation cuts as funding drought drags on
A majority of Indian startup founders are unwilling to raise money at a lower valuation than the last round, even as they expect the funding…
ZestMoney: DMI, Aditya Birla Finance in race to scoop up ZestMoney in firesale
Non-banking finance companies DMI Finance and Aditya Birla Finance are trying to scoop up fintech lending startup ZestMoney in a firesale, two people in the…
Zomato: ETtech Explainer: The Rs 402 crore GST notice that sent Zomato’s shares tumbling
On Thursday, shares of food delivery platform Zomato bucked the trend and opened 1.7% lower despite upbeat broader markets rally to set new highs. What…
Singaporean Driver: Singaporean driver jailed for killing Indian-origin motorcyclist in fatal accident: Report
SINGAPORE: A Singaporean minibus driver with a poor driving record was on Thursday sentenced to four months of jail for having hit an Indian-origin motorcyclist…
firstcry ipo: Ratan Tata to sell all his 77,900 shares in FirstCry IPO
NEW DELHI: Tata Sons Chairman emeritus Ratan Tata, who turned 86 today, will sell 77,900 shares of kidswear startup FirstCry in its upcoming IPO in…
startup funding: Startup story set for better script in new year after unicorns, funds fall in 2023
Funding winter and corporate governance woes separated the men from the boys in the country’s startup space in 2023 that saw funds into the segment…