Centre Set to Notify Long-Pending Rule to Overhaul India’s M&A Landscape
Short Summary:The Indian government is poised to implement the deal value threshold (DVT) provision from the Competition Amendment Bill 2023,…
Amazon India Announces Selling Fee Cut in 59 Product Sub-Categories Ahead of the Festive Season
Short Summary:Amazon India is reducing selling fees by 3-12% for 59 product sub-categories starting September 9, 2024, to support sellers…
AICPDF FMCG Distributors Write to Piyush Goyal, Raise Concerns Over Rapid Growth of Quick Commerce Platforms
Short Summary:The All India Consumer Products Distributors Federation (AICPDF) has raised concerns with Commerce and Industry Minister Piyush Goyal over…
Uppercase Raises $9 Million in Series B Round Led by Accel
Short Summary:Luggage brand Uppercase has successfully raised $9 million in its Series B funding round led by Accel, with participation…
Zoff Raises ₹40 Crore in Series A Round from JM Financial Private Equity
Short Summary:Zoff, an online spices platform, has secured ₹40 crore in Series A funding from JM Financial Private Equity through…
Volt VC Launches ₹45 Crore Maiden Fund to Support Pre-Seed Startups
Short Summary:Volt VC, a Gujarat-based micro venture capital firm, has launched its first-ever fund, Volt VC Fund-1, aiming to raise…
Snapdeal Founders-Backed Titan Capital Winners Fund Closes ₹200-Crore Fundraise
Short Summary:The Titan Capital Winners Fund, backed by Snapdeal co-founders Kunal Bahl and Rohit Bansal, has successfully raised ₹200 crore…
Byju Raveendran Promises Staff Salaries Will Be Paid as Soon as He Regains Control of Firm
Short Summary:Byju Raveendran, founder and CEO of BYJU’S, reassured employees in a letter that delayed salaries would be paid soon…
Piyush Goyal’s Concerns on Ecomm Growth, Titan Capital Raises ₹200 Cr, Uppercase Secures $9M, LEAD Group Achieves EBITDA Positivity
India’s Commerce and Industry Minister, Piyush Goyal, has raised significant concerns regarding the explosive growth of e-commerce in the country….