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VC-backed SectorQube draws takeover interest after failed deal

TMT

13 November, 2024

VC-backed SectorQube draws takeover interest after failed deal

SectorQube Technolabs Pvt. Ltd., which makes smart locks under the IKIN brand, has received inbound interest for an acquisition from ......

Fireside Ventures appoints former Flipkart exec as operating partner

People

13 November, 2024

Fireside Ventures appoints former Flipkart exec as operating partner

Early-stage venture capital firm Fireside Ventures has roped in a former Flipkart executive as an operating partner to lead strategic ......

Enforcement Directorate to summon Amazon, Flipkart executives as scrutiny grows

TMT

11 November, 2024

Enforcement Directorate to summon Amazon, Flipkart executives as scrutiny grows

India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment ......

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Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO

TMT

08 November, 2024

Peak XV, VEF taking haircut as BlackBuck eyes less than $600 mn valuation in IPO

Venture capital firm Peak XV Partners and Swedish fintech investor VEF are taking a haircut on their investments in BlackBuck ......

Enforcement Directorate raids offices of sellers using Amazon, Flipkart platforms

TMT

07 November, 2024

Enforcement Directorate raids offices of sellers using Amazon, Flipkart platforms

India's financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in an investigation into alleged ......

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Grapevine: Temasek, Actis, Shadowfax, Swiggy, Sparsh Group, PayU in news

General

21 October, 2024

Grapevine: Temasek, Actis, Shadowfax, Swiggy, Sparsh Group, PayU in news

Singapore state investment firm Temasek and private equity firm Actis are making investments in Indian companies while Swiggy and Sparsh ......

Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

TMT

21 October, 2024

Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies - Zomato's Blinkit, ......

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Spotlight: Designer labels turn showstopper on Aditya Birla Fashion's growth runway

Consumer

16 October, 2024

Spotlight: Designer labels turn showstopper on Aditya Birla Fashion's growth runway

On Dec. 21, 1999, as the world prepared to welcome the new millennium, Aditya Birla Group made its first major ......

CCI probe finds Amazon, Walmart's Flipkart breached India antitrust laws

TMT

13 September, 2024

CCI probe finds Amazon, Walmart's Flipkart breached India antitrust laws

An Indian antitrust investigation has found U.S. e-commerce giant Amazon and Walmart's Flipkart violated local competition laws by giving preference to ......

Commerce minister Goyal accuses Amazon, e-commerce players of predatory pricing

Consumer

21 August, 2024

Commerce minister Goyal accuses Amazon, e-commerce players of predatory pricing

India's commerce minister accused Amazon and other e-commerce companies of predatory pricing practices and said the sector's rapid rise should ......