D2C sports brand Elevar raises $2.5 million from Kalaari, Dream Capital

Elevar, which makes running shoes and cricket bats, will use the funding for expanding its product portfolio, marketing and hiring.

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View: Google's push into Indian retail banking is a threat to traditional lenders

The same slow, painful decline that gutted the print media after readers and advertisers moved online and publishers lost their sway over them may be waiting in the wings for banking, too.

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China cuts amount of time minors can spend on online games

Online gaming companies will be barred from providing gaming services to them in any form outside those hours and need to ensure they have put real name verification systems in place.

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Shopee tests India e-commerce market dominated by Amazon, Flipkart

Singapore-headquartered Sea Ltd's Shopee has launched a recruitment campaign for sellers to sell on "Shopee India" and is ramping up hiring in the country whose e-commerce industry is dominated by Amazon India and Walmart's Flipkart.

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Ola said to pick Kotak Mahindra Bank, Citigroup for $1 billion IPO

Ola could seek a valuation of more than $8 billion in the IPO and could file its draft red herring prospectus by October, Bloomberg reported. Details of Ola IPO—including size and timeline—could still change as deliberations are ongoing.

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PhonePe receives insurance broking licence from IRDAI

PhonePe can now distribute insurance policies from all companies across categories thereby helping the firm diversify its offerings while also being able to offer recommendations.

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Singapore's Shopee changes the game in Brazil's ecommerce sector

Shopee took just two years to become Brazil's most-downloaded shopping app, winning users to its low-cost marketplace with its game-changing approach to e-commerce: in-app mini-games offering coupons to winning users.

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