Mrigank Sharma

Thrive, a foodtech startup launched in 2020, has shut down due to resource limitations, announced cofounder and CEO Krishi Fagwani.

Swiggy has appointed Sidharth Bhakoo as its Chief Business Officer (CBO) for the food marketplace. Bhakoo, who joined the company in 2018 and previously served as Vice President and National Business Head.

ABB India has entered into a strategic partnership with PwC India to enhance digital operations, cybersecurity, and ESG initiatives across industries.

Myntra, a leading Indian fashion e-commerce platform, became the target of a major fraud operation, losing ₹1.1 crore. A gang from Jaipur exploited Myntra's return and refund policies.

The Supreme Court (SC) declined the Competition Commission of India’s (CCI) request to transfer 24 antitrust petitions against Amazon and Flipkart to a division bench of the Karnataka High Court, emphasizing adherence to court rules.

Infosys has announced a strategic investment of ₹8.3 Crores (approximately $1 million) in Bengaluru-based healthtech startup 4baseCare through its Infosys Innovation Fund.

Balachandar N, Ola Group's Chief People Officer, stepped down in early November after a nearly four-year tenure. Joining Ola Electric in 2021 as Chief HR Officer, he played a pivotal role during the company’s EV launch and IPO process.

MobiKwik's initial public offering (IPO) has seen overwhelming demand, with the issue oversubscribed by 35.59 times on the final day. The fintech company has raised ₹11,196.1 Cr, including ₹257.4 Cr via the anchor book.

India's startup ecosystem has seen impressive growth in 2024, with six startups achieving unicorn status, a sharp rise from the two unicorns of 2023.

Aye Finance, an NBFC focused on providing loans to small businesses, has announced plans to raise up to INR 1,450 Cr through an IPO.