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SoftBank Vision Fund partner Paul Davison has stepped down from his position as a non-executive director of the board of Brainbees Solutions, the company that runs the omnichannel children's clothing line FirstCry. The Pune-based business said in a stock exchange filing on September 22 that the resignation was
Companies like Zepto, Blinkit, and nine others have received notices from the Central Consumer Protection Authority (CCPA) as part of a significant crackdown on a number of e-commerce and quick-commerce operators. According to media reports, complaints regarding suspected breaches of the Legal Metrology Act's Mandatory Declaration Rules prompted
An investment of INR 30 crore has been approved by Info Edge (India) for Redstart Labs (India), a fully-owned subsidiary of the business. 3,000,000 Compulsorily Convertible Debentures (CCDs) with a face value of INR 100 each have been agreed to be purchased by the company. Redstart is still
Hotel firm OYO's former chief financial officer (CFO), Abhishek Gupta, has been appointed CFO of eyewear manufacturer Lenskart. “I recently started working at Lenskart as the CFO after nine incredible years at OYO,” Gupta stated. In his October 22 LinkedIn post, Gupta thanked OYO founder Ritesh and the
Dutch technology investor Prosus is still optimistic about the Indian market despite its unsuccessful bet on Byju's, which was once the most valuable company in the country. Fabricio Bloisi, CEO of Prosus and Naspers, stated that the company will keep investing in India and is enthusiastic about the
On 21 October 2024, PB Fintech announced that its wholly-owned subsidiary, PB Financial Account Aggregators Private Ltd, had received a "Certificate of Registration" (CoR) from the Reserve Bank of India (RBI) to begin operating as an "Account Aggregator." Subject to the RBI-mandated restrictions outlined in the
According to Ola Electric, out of the 10,644 customer complaints it has received thus far, 99.91% have been handled and resolved successfully. In a regulatory filing on September 21, 2024, the manufacturer of electric two-wheelers notified the Central Consumer Protection Authority (CCPA) of the latest developments on long-pending
On October 21, 2024, PhonePe announced a partnership with Bajaj Allianz General Insurance to provide reasonably priced insurance protection against firecracker-related mishaps during Diwali for a certain time. For a payment of INR 9, which includes goods and services tax (GST), the insurance coverage includes a sum insured of INR
One of India's top fintech companies, BharatPe Group, has teamed up with the Nasscom Foundation to support female entrepreneurs in Maharashtra regions. 1,500 rural women from six districts—Ahmednagar, Beed, Buldhana, Latur, Sindhudurg, and Kolhapur—have been given the means to formalise and expand their enterprises as
Co-founder and CEO of Zomato, a meal delivery service, Deepinder Goyal, has launched a new business called "Continue" to enter the health and mental fitness sector. However, the company has already cleared that Zomato will work as a separate business entity. The new company's registration name
📝Interviews
In this exclusive interaction with StartupTalky, Ms. Naina Parekh, founder of EUME, shares the inspiration behind the brand and its journey so far. She talks about the experience of pitching on Shark Tank India, what went into preparing, and how it impacted EUME’s visibility. From turning down offers to
📝Interviews
Anuj Kumbhat, Founder & CEO of WRMS, has dedicated his career to helping vulnerable communities tackle the growing challenges of climate change. WRMS, in the beginning, focused on supporting farmers, but later expanded to offer climate risk management solutions across industries like agriculture, travel, and renewable energy. In this interview