Ashneer Grover’s Fintech Leap: ZeroPe Medical Loan App

Ashneer Grover’s latest venture, ZeroPe, is making waves in the fintech sector with its innovative approach to medical loans. The app, currently in its testing phase, has been developed by Third Unicorn, a company founded by Grover post his exit from BharatPe. ZeroPe is set to provide instant pre-approved medical loans of up to ₹5 […]

Swiggy Launches ‘Pawlice’ to Help Locate Missing Pets

Swiggy, the on-demand convenience platform, is leaving no stone unturned in its quest to be the ultimate pet-friendly company. Their recent initiative, “Swiggy Pawlice,” launched on National Pet Day (April 11th, 2024), leverages a unique weapon in the fight against lost pets: its vast network of delivery partners. This program has the potential to significantly […]

Zepto Pass: Simpl Enhances One-Tap Checkout Service

In a move designed to supercharge customer convenience and loyalty, Simpl, a leading buy-now-pay-later (BNPL) platform, has expanded its one-tap checkout service to integrate with Zepto Pass, the membership program offered by quick commerce giant Zepto. This strategic collaboration follows Simpl’s recent integration with Zomato, solidifying their position as a frontrunner in providing frictionless payment […]

SINE, IIT Bombay, Canara Bank Enhance Startup Funding

In a move heralded as a significant boost for India’s burgeoning startup scene, the Society for Innovation & Entrepreneurship (SINE) of the Indian Institute of Technology Bombay (IIT Bombay) announced a collaborative effort with Canara Bank. This partnership, formalized through a Memorandum of Understanding (MoU) signed on April 3rd, 2024, aims to streamline financial assistance […]

PlatinumRx Secures $800k Seed Funding from India Quotient

PlatinumRx, a Bangalore-based online pharmacy startup, is on a mission to transform medication access and affordability for all Indians. The company recently secured $800,000 in seed funding, led by venture capital firm India Quotient with angel investor participation. This financial boost will fuel PlatinumRx’s ambitious growth and expansion plans. Expanding Reach to Deliver Savings Nationwide […]

Zeno Health Acquires Tablt Pharmacy: Mumbai Start-up Deal

Mumbai, India – In a strategic move to bolster its footprint and address the unmet need for affordable healthcare in Eastern India, Mumbai-based healthcare startup Zeno Health, backed by $25 million in funding, has acquired Kolkata-based Tablt Pharmacy. Finalized in February 2023, the acquisition underscores Zeno Health’s ambition to become a leading player in the […]

PhonePe, Star Health: Transforming Insurance Access

A new dawn is breaking for health insurance accessibility in India. On April 3rd, 2024, Star Health Insurance, the country’s leading retail health insurer, and PhonePe, a prominent digital payments platform, announced a groundbreaking partnership. This collaboration aims to revolutionize the health insurance landscape by offering Star Health’s comprehensive plans through the user-friendly PhonePe app. […]

Byju’s Dismisses Employees Via Calls Amid Financial Crisis

Byju’s, the Indian education technology (edtech) major valued at $22 billion just two years ago, finds itself in hot water following reports that it terminated between 100 and 500 employees over phone calls, without proper notice or adherence to a performance improvement plan (PIP). This news comes as Byju’s grapples with ongoing financial difficulties exceeding […]

Zomato Receives ₹184 Cr Service Tax Penalty Notice

Online food delivery platform Zomato is locked in a tax battle with the Indian authorities. The company received a demand and penalty order for a staggering Rs 184 crore, a significant sum that they plan to vigorously contest. Service Tax and Penalty on Foreign Transactions The dispute centers on alleged non-payment of service tax between […]

IIM Mumbai, Starburst Team Up to Support ASD Startups

India’s ambitions in the Aerospace, New Space and Defence (ASD) sector are receiving a significant boost. The Indian Institute of Management Mumbai (IIM Mumbai) and Starburst, a leading European ASD accelerator, recently announced a strategic collaboration aimed at empowering ASD startups across the country. This partnership arrives at a critical time as India’s ASD industry […]