Tag: business news

Business

Nazara Technologies Expands Gaming Portfolio

Nazara Technologies, a well-known player in the gaming business, made a significant move when it paid Games24X7 a substantial sum of Rs 10 crore to purchase the intellectual property rights… Continue reading Nazara Technologies Expands Gaming Portfolio

July 31, 2024
Business

CoinDCX Elevates Mridul Gupta to Founding Partner

Cryptocurrency exchange CoinDCX has announced a pivotal leadership change with the elevation of Mridul Gupta to the position of founding partner. In this expanded role, Gupta will spearhead the company’s… Continue reading CoinDCX Elevates Mridul Gupta to Founding Partner

July 31, 2024
Business

CarTrade Tech Experiences Revenue Dip in Q1 FY25

CarTrade Tech, a leading automobile classifieds platform in India, reported a slight decline in revenue for the opening quarter of FY25. Their operating revenue dropped 2.8% compared to the previous… Continue reading CarTrade Tech Experiences Revenue Dip in Q1 FY25

July 31, 2024
Business

DTDC Express Embarks on Drone Delivery Journey

Indian logistics leader DTDC Express has unveiled a groundbreaking drone delivery service in collaboration with drone technology pioneer Skye Air Mobility. This strategic alliance aims to revolutionize last-mile logistics by… Continue reading DTDC Express Embarks on Drone Delivery Journey

July 31, 2024
Business

Amazon Nears Acquisition of Axio

E-commerce titan Amazon is poised to make its second significant foray into the Indian fintech landscape with the impending acquisition of online lending platform Axio (formerly Capital Float). This development… Continue reading Amazon Nears Acquisition of Axio

July 31, 2024
Business

Rapido Achieves Unicorn Status with Substantial Investment

Ride-hailing platform Rapido has joined the elite ranks of unicorns after securing a substantial $120 million in Series E funding. This investment round was led by its primary financial supporter,… Continue reading Rapido Achieves Unicorn Status with Substantial Investment

July 30, 2024
Business

MapMyIndia Accuses Ola Electric of Data Breach

CE Info Systems, the parent company of MapMyIndia, has taken legal action against Ola Electric, alleging that the electric vehicle manufacturer copied sensitive data. The dispute arose following the launch… Continue reading MapMyIndia Accuses Ola Electric of Data Breach

July 30, 2024
Business

Apollo Tyres Shuts Down Doorstep Car Service Initiative

Apollo Tyres, a prominent multinational tyre manufacturer, has made the decision to discontinue its doorstep car service venture, Trumigo. The platform, launched just six months ago, has ceased operations due… Continue reading Apollo Tyres Shuts Down Doorstep Car Service Initiative

July 30, 2024
Business

Pocket FM Restructures Workforce

Bengaluru-based audio platform Pocket FM has initiated a reduction in its workforce, specifically targeting writers involved in US-based content creation. This move is aligned with the company’s strategy to optimize… Continue reading Pocket FM Restructures Workforce

July 29, 2024
Business

Riveron Expands Footprint with Yantra Acquisition

Riveron, an unmistakable business warning firm supported by Kohlberg and Company, has essentially extended its administration contributions through the procurement of Yantra, an innovation and warning administrations supplier. The monetary… Continue reading Riveron Expands Footprint with Yantra Acquisition

July 29, 2024