The National Stock Exchange of India (NSE India) and Zomato, led by Deepinder Goyal, have teamed up to encourage financial literacy among its delivery partners. As part of the collaboration, Zomato and NSE will conduct financial literacy seminars around India to teach the delivery partner community the ins and outs
Through its fully owned subsidiary Startup Investments (Holdings) Ltd., the internet business Info Edge Datalabs told the stock exchanges that it intends to invest INR 4 crore ($474K) in its portfolio company LegitQuest. By purchasing convertible notes, the investment in the legal tech business will be made in two installments.
Air Orca is a fully autonomous logistics drone service that was introduced by BonV Aero, a startup based in Odisha. Tim Draper, a venture capitalist, was present during the launch event. The CEO of BonV Aero, Satyabrata Sathapathy, stated on 10 November 2024 that the debut of Air Orca represents
With the addition of more than 10,000 electric vehicles (EVs) to its delivery fleet, e-commerce company Flipkart announced that it has reached a significant milestone. This is the outcome of EVs being gradually included in last-mile deliveries over the previous few years. The company announced that, as part of
Previously known for its caste problems, Tirunelveli is currently gaining recognition for its thriving entrepreneurship scene. More women from this area are breaking down barriers and entering the startup environment in recent years. As of September 27, 2024, there were 405 start-ups in the Tirunelveli regional hub, according to data
Until the next hearing, the court barred Swiggy from alienating 24 of a former executive's exercised stock options and 185.454 vested and unexercised stock options. Arun Cyril, Swiggy's former assistant vice president, contested his "illegal" dismissal from the foodtech firm and the ESOPs
India might soon contribute to the design, testing, and research of Apple's new products. The Cupertino-based business has established Apple Operations India as a completely owned subsidiary in India. The new entity's anticipated activities included hiring engineers for hardware development, leasing facilities, purchasing engineering equipment, and
On November 10, food delivery giant Zomato unveiled a new programme dubbed "Food Rescue" that aims to cut down on food waste by allowing local customers to purchase recently cancelled orders at a reduced price. Customers, eateries, and delivery partners are all anticipated to gain from this innovation.
Wealthzi, a wealth platform run by Lime Internet Private Limited, has been acquired by wealth tech platform Nivesh. This is a significant step for the business in achieving its objective of becoming a 360 degree platform that handles all of its clients' investment and insurance-related demands. Anurag Garg and
EaseMyTrip said in a press statement on 7 November 2024 that it has partnered strategically with Hyperface, Asia's first Credit Cards as a Service (CCaaS) platform. The partnership intends to improve the card management features of the travel booking website and provide a more customised, digital-first experience for
A few sellers on Amazon and Walmart-owned Flipkart had their premises raided by the Enforcement Directorate (ED) on 7 November 2024 on suspicion of breaking the Prevention of Money Laundering Act (PMLA) and foreign investment standards. 19 locations in New Delhi, Gurugram, Panchkula, Hyderabad, and Bengaluru were searched, according to
As part of its attempts to increase profitability and reduce unnecessary expenses, finance influencer Sharan Hegde's 1% Club has laid off 15% of its employees. In a LinkedIn post, Hegde stated that he recently let go of 15% of his employees and that he had received numerous messages