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PhonePe Appoints Amit Doshi as First Group CMO

PhonePe, a leading fintech company backed by Walmart, is set to appoint Amit Doshi, former Chief Marketing Officer (CMO) at Britannia Industries, as its...

Meituan Exits Swiggy Stake Amid IPO Hype: Stake Sale Reflects Shifting Investor Landscape

In a recent transaction, Chinese e-commerce giant Meituan has sold over $200 million worth of its stake in Swiggy to a U.S.-based investor, reducing...

India’s Fintech Sector Raises $778 Million in Q3—Rides on UPI, Government Support

India's fintech sector has emerged as a global leader in the third quarter of 2024, securing $778 million in funding, according to a report...

Prosus to Boost Stake in Urban Company with $30M Deal Ahead of 2024 IPO

Global investment firm Prosus is set to increase its stake in Urban Company, an Indian home services marketplace, through a $30 million secondary deal....

Upstox Delivers 10-Fold Return on Ratan Tata’s Investment

Investment platform Upstox has provided a 10-fold return to Ratan Tata, former chairman of Tata Group, following the buyback of 5% of his stake...

Uber Partners with Shadowfax to Boost UberMoto Services

Uber has entered a strategic partnership with logistics provider Shadowfax to expand its UberMoto bike-taxi service. This collaboration enables Shadowfax to use its two-wheeler...

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