Polygon Labs, a division of Layer-2 protocol Polygon, has announced plans to lay off approximately 60 employees, constituting about 19% of its workforce. The announcement was...
Global investment firm Fidelity has once again revised down the valuation of its stake in the social commerce platform Meesho, marking it at $3.5 billion as...
E-commerce firm Meesho is strategically venturing into the financial services sector and plans to expand its grocery delivery business in the upcoming financial year. This move,...
Asset management firm Black Opal Group has successfully secured $3 million (approximately INR 25 crore) in growth capital from investors, including SBI and HDFC Banks. The...
Sidharth Shakdher, former Disney+ Hotstar Executive Vice-President and Chief Marketing Officer (CMO), has transitioned to Ola Mobility as the new Global Chief Business Officer (CBO) within...
In a significant industry development, Zee Entertainment Enterprises Ltd (ZEEL) has withdrawn from a $1.4 billion licensing agreement with Disney Star for TV broadcast rights for...
The leading food delivery platform Zomato has received approval from the Reserve Bank of India (RBI) to operate as a payment aggregator. This marks a positive...
Swiggy, the renowned food and delivery giant gearing up for an IPO, is set to undergo a restructuring move, resulting in the layoff of approximately 350-400...
MakeMyTrip, the online travel service provider, has successfully acquired a majority stake in Savaari Car Rentals Pvt Ltd, maintaining its autonomy under the current leadership. Gaurav...
Unacademy, the edtech unicorn, has appointed Jagnoor Singh as the Chief Operating Officer of Unacademy Centres. Over the past two years, Jagnoor played a pivotal role...
