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Ecommerce space heats up; and other top tech, startup stories this week
The Economic Times· 2 days agoThis week too ecommerce continued to be action-packed. This week we reported how the fundraise by...
Karnataka govt set to introduce draft Bill to protect gig workers' rights
Business Standard India· 3 days agoIn a move aimed at protecting gig workers’ rights, the Karnataka government is set to introduce new...
Ola to enter grocery delivery via ONDC, captures 30% of food orders on network
CNBC Awaaz· 3 days agoBhavish Aggarwal-led Ola is gearing up to launch grocery delivery via the government-backed Open...
Tata funds pause is no 'debt-errent' at 1mg, BigBasket - ET BrandEquity
The Economic Times· 4 days agoTata 1mg has secured board approval for a major offline expansion to be financed through debt, while the group’s egrocer, BigBasket, will go for an equity and debt mix of $80-100 million, multiple ...
BigBasket and Tata 1mg opt for debt over equity for expansion in FY25
Business Standard India· 4 days agoTata 1mg received board approval for offline expansion, which will be funded through debt, while...
BigBasket, 1mg’s plans for capex; win for epharmacies in Madras HC
The Economic Times· 4 days agoTata’s online grocery BigBasket and epharmacy 1mg will largely depend on debt capital to fuel...
Data breach at BSNL again; MCA probe findings on Byju’s
The Economic Times· 5 days agoBharat Sanchar Nigam Ltd (BSNL) has suffered its second data breach in six months. This and more in...
Accel bullish on non-urban markets; sees large cos emerging in e-comm, healthcare, financial domains...
The Economic Times· 6 days agoAccel is also bullish on companies dabbling in edtech, upskilling and recruitment solutions as well...
Flipkart explored a deal with Swiggy for a pie of quick commerce - ET Retail
The Economic Times· 6 days agoFlipkart explored a potential stake purchase in Swiggy about eight to ten months ago as two of...
Flipkart-Swiggy deal talks; Corning’s India plan
The Economic Times· 6 days agoInvestors said Flipkart considered buying a stake in Swiggy months ago amid the rise of quick commerce. Ecommerce major Flipkart explored a potential...