Indian IT industry revenues will see double-digit growth in FY22: Azim Premji

Wipro founder-chairman Azim Premji believes the Indian IT industry revenues will grow in double digits in the current financial year.Throughout the pandemic, which saw lockdown measures to curtail the spread…

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NCLAT allows plea for setting aside insolvency case against subsidiary: OYO

Hospitality firm OYO on Wednesday said the National Company Law Appellate Tribunal (NCLAT) has allowed its plea for setting aside the insolvency case against its subsidiary OHHPL and has disallowed…

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Ecommerce giant Flipkart eliminates single-use plastic in packaging

The country’s leading ecommerce marketplace Flipkart has eliminated all single-use plastic packaging used across its fulfilment centres in India delivering on its public commitment to move to plastic-free packaging in…

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How Furlenco plans to expand and innovate utilising the recent $140M fundraise

Bengaluru-based online furniture rental platform Furlenco recently raised $140 million as a mixture of debt and equity, shares Ajith Mohan Karimpana, Founder and CEO, Furlenco.He adds that most of the…

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Square Yards onboards over 5000 co-branded stores across India through its Preferred Partner Program

Gurugram-based integrated real estate startup Square Yards has onboarded over 5000 co-branded stores across top eight cities in India through its Preferred Partner program designed for the independent real estate…

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[Funding alert] AI-led startup Fountain9 raises $1.9M in seed round led by 021 Capital, Y Combinator

AI-led startup in the predictive inventory planning space Fountain9 has raised a seed round of $1.9 million. Prominent investors include Binny Bansal-backed 021 Capital, Y Combinator, Kunal Bahl and Rohit…

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Matrimony.com to acquire 100 pc stake in wedding services aggregator ShaadiSaga

Chennai-based online matrimony company Matrimony.com on Wednesday announced that it has signed definitive agreements to acquire a 100 percent stake in Boatman Tech Private Limited — the promoters of ShaadiSaga,…

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[Funding alert] Payments solution platform DanaMojo raises Rs 3.05 Cr from Rohini Nilekani, Social Alpha, Pravin Gandhi and others

DanaMojo, India’s first exclusive payments solution platform for NGOs on Wednesday announced that it has raised Rs 3.05 crores from renowned philanthropist Rohini Nilekani and Social Alpha. Other investors who…

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