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“CCI Dismisses InstaAstros Abuse Of Dominance Complaint Against Astrotalk”
The Competition Commission of India (CCI) has dismissed a petition filed by InstaAstro, an online astrology platform, accusing its competitor Astrotalk of abusing its dominant position in the market. In its order, the regulatory body noted that InstaAstro failed to substantiate its claims with adequate data or statistics to prove that Astrotalk was indeed misusing […]
“From India’s First AI Unicorn To The End Of Angel Tax: Key Highlights For Indian Startups In 2024”
The Indian startup ecosystem is poised for significant maturity in 2024, driven by profitability and robust fundamentals. Unlike earlier years, where rapid growth and valuation were the focus, 2024 marks a shift towards sustainable business models and innovative solutions that align with market needs. Generative AI (GenAI) The past year saw the emergence of India-centric […]
“Zepto VP Jitendra Bagga Resigns In Less Than A Year”
Jitendra Bagga, who served as the Vice President of Central Operations at Zepto, has stepped down after a nine-month tenure. During his time at the quick commerce startup, Bagga played a crucial role in leading the warehousing division, focusing on key projects like the Mother Hub and Line Haul initiatives. Jitendra Bagga Left Zepto Bagga […]
“PhonePe In 2024: Paving The IPO Path With ₹5,000 Crore Revenue”
PhonePe, one of India’s leading fintech companies, is already operating with the transparency and governance expected of a public limited company. In 2024, the company released its annual report, a significant step showcasing its financial discipline and commitment to accountability. PhonePe Report The report includes consolidated and standalone financial numbers, giving stakeholders a clear insight […]
“From E-commerce To Fintech: The Most Funded Startup Sectors Of 2024”
The year 2024 has marked a significant turning point for the Indian startup ecosystem. Following the market corrections of 2022 and 2023, the sector has witnessed a strong recovery, setting a solid foundation for future growth. According to a recent report, startups in India have secured over $12 billion in funding in 2024, a remarkable […]
“Ola EV Company Shares Plunge 4.6% Following High Level Executive Exits”
On December 30, 2024, Ola EV stock experienced a significant drop during intraday trading, plunging by 4.6% to ₹85.93. The decline comes amidst a wave of high-profile resignations at the executive level, raising concerns about the company’s stability and future direction. Company Down Reason Just two days ago, the company’s Chief Marketing Officer, Anshul Khandelwal, […]