Unacademy narrows losses by two-thirds, but sees revenue decline in FY24

Edtech unicorn Unacademy narrowed its losses by nearly two-thirds, but what’s concerning is the decline in operating revenue in FY 2023-24 compared to the previous year.The Bengaluru-based firm reported a…

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Shein must store data in India to resume sales through Reliance partnership: Parliament

Shein, the Chinese fast-fashion retailer once banned in India, can resume selling in the country through its partnership with Reliance Retail Ventures Ltd (RRVL) only if all platform data is…

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Ola Consumer takes another go with quick food delivery, pilots Dash

Ola Consumer on Tuesday launched Dash, a 10-minute food delivery food offering, marking its entry into the quick food delivery category. The feature, currently available in Bengaluru, is live with…

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Majority of users don’t expect to pay extra for drone deliveries: LocalCircles report

LocalCircles sees the majority of drone deployment to be implemented in areas like border surveillance, disaster monitoring and farming, according to a survey on top use cases for drones over…

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CRED opens doors to optimised UPI transactions, open-sources Propeller

CRED has open-sourced Propeller, its real-time communication platform designed to optimize communication between mobile apps and backend services."We built Propeller initially to optimize UPI payment flows, where every millisecond matters," said…

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FAAD Capital expands globally with investor network launch in Dubai

FAAD Capital, a Gurgaon-based angel fund, has launched an investor network in Dubai, aiming to promote global collaboration and investment in Indian startups through engagement with Non-Resident Indians and local…

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