Fintech company BharatPe’s parent entity, Resilient Innovations, is reportedly considering selling a portion of its stake in Unity Small Finance Bank (Unity SFB). According to sources cited by Business Standard, the company is planning to offload 25% of its holdings in the bank, aiming to raise approximately $800 million through the sale. 49% Stake Story […]

The Indian electric vehicle (EV) industry marked another year of maturity in 2024, driven by advancements in charging infrastructure, policy initiatives from central and state governments, and growing investor interest. This collective push resulted in a promising surge in EV sales, signaling a robust shift toward sustainable mobility. EV Registration Percentage  India recorded a 30% […]

Hyperlocal delivery company Dunzo is reportedly seeking a buyer to address its financial challenges. The startup aims to resolve its debt and liabilities through a potential sale, signaling its efforts to stabilize its operations. Dunzo Big Problem  According to reports, Dunzo has reached out to prominent players such as Reliance Retail, Flipkart, PhonePe, and Swiggy, […]

Hindustan Unilever Limited (HUL), a leading player in the FMCG sector, is reportedly in advanced discussions to acquire the D2C brand Minimalist. According to reports, the deal is nearing its final stage, with the valuation of the startup estimated at $350 million. HUL Strategy  Minimalist, known for its science-backed skincare products, has gained significant traction […]

IPO-bound logistics startup Ecom Express has appointed Kammal Daas as the Vice President of its last-mile operations. In this role, Kammal Daas will perform well by understanding the company. His leadership aims to streamline delivery operations while prioritizing customer experience and operational excellence. Kammal Daas New Responsibility  Daas will oversee Ecom Express’s last-mile delivery network, […]

Commerce and Industry Minister Mr. Piyush Goyal is set to engage in discussions with key stakeholders and officials from the electric vehicle (EV) industry today, January 3. The meeting aims to address various critical aspects, including the development of battery charging and swapping infrastructure across the country. Government’s Commitment According to sources familiar with the […]