Swiggy raises $800 million in funding at $5 billion valuation

Swiggy’s mammoth fundraising comes at a time when its biggest rival Zomato is firming up plans to launch an IPO sometime later this year.

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Maharashtra covid restrictions: Restaurants, food delivery firms brace for a second hit

According to the latest Maharashtra covid restrictions, all food delivery executives of Swiggy and Zomato have to carry a negative RT-PCR test and must be vaccinated as soon as possible. As of now, only individuals over the age of 45 can be vaccinated in India.

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CareerLabs gets $2.2 million from Rocket Internet's VC fund, others

CareerLabs has a "career track" recommendation engine which provides users with suitable courses and certifications for upskilling.

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Baby products maker SuperBottoms gets $2 million in Series A funding

SuperBottoms plans to use the funds raised to invest in awareness initiatives around cloth diapers to a larger audience base, founder Pallavi Utagi says.

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Byju’s to acquire Aakash Educational Services in $700 million deal

Post the transaction, Blackstone Group and Aakash Institute’s founders will hold a minority stake in Byju’s at a valuation of about $13 billion, founder Byju Raveendran says.

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57% Indian companies suffered unexpected downtime in 2020 due to data loss: Study

70% of companies in India now run as many as 10 solutions simultaneously for their data protection and cybersecurity needs, according to the survey.

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Crypto exchange WazirX launches a NFT marketplace for Indian artists

Indian creators can now place their digital assets for auction over the blockchain-based NFT marketplace and earn royalty thereafter.

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