Digital entertainment startup Pocket Aces trims 25% of its workforce
Mumbai-based Pocket Aces has laid off 50 of its 200, or 25%, full-time employees to save costs and become profitable in the coming year."As we continue to march towards our…
Gurugram startup Shypmax maximising cross-border logistic services
What does India’s logistics sector need to drive growth? Some industry players anticipate an expansion of the ecommerce industry, higher infrastructure spending, and rising demand for specialised logistics services as growth…
Paytm spikes up by 7% post improved Q3 results
Shares of One97 Communications Ltd, parent of digital payments and financial services firm Paytm, on Monday spiked up over 7% on the BSE, following the company reporting an operating profit…
Rethinking ride-hailing with BluSmart
Hello,The Indian government has blocked 232 apps operated by overseas entities, including the Chinese for being involved in betting, gambling, and unauthorised loan service. "The order to block 138 apps that…
Anmol Jaggi says ‘common-sensical stuff’ helped BluSmart cracked the ride-hailing business
Can disruptors be disrupted? With its EV ride-hailing business currently operational in Delhi and Bengaluru, BluSmart is doing just that.In the market with two existing Goliaths—Ola and Uber—the common belief…
How Beams’ fintech-focussed approach helped create two more soonicorns in India
Beams Fintech Fund, India’s first growth-stage fintech fund completed the calendar year 2022 on a high with its portfolio companies Niyo and Progcap raising more than $150 million at a…
About 48 crore PANs linked to Aadhaar so far: CBDT chairperson
About 48 crore individual Permanent Account Numbers (PANs), out of the total 61 crore issued till now, have been linked with Aadhaar till date and those who do not link…
UPI transaction value touches Rs 12.98 lakh crore in January: NPCI data
Payments made through the Unified Payments Interface (UPI) touched Rs 12.98 lakh crore in value in January, at par with December 2022, according to data by the National Payments Corporation…
FMCG makers see green shoots of revival in rural market, increase marketing spends
Major FMCG companies feel the demand slump has bottomed out and there are green shoots of recovery in the rural markets, which have been under stress for the last few…
RBI likely to settle for 25 basis points repo rate hike: Experts
With retail inflation showing signs of softening and the US Fed moderating the pace of increase in its benchmark interest rate, the Reserve Bank is likely to settle for a…
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