News

Drone Startup EndureAir Systems Raises Seed Funding To Scale Up Manufacturing

20 jul’22 ,WED EndureAir Systems raised INR 13.5 Cr in the seed funding round led by Asian Paints co-promoter Jalaj Dani The new funds will also be used to ramp up innovation and meet the demand for heavier payload capacity drones EndureAir offers customised unmanned aircraft systems that can be deployed for functions such as …

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Aditya Birla Group To Take On OfBusiness, Infra.Market With New B2B Ecommerce Platform

20 jul’22 ,WED Grasim will invest nearly INR 2,000 Cr in the platform over the course of next five years The ecommerce platform will primarily focus on MSMEs in the segment, and will later expand to other categories Grasim will compete with startups like Infra.Market and OfBusiness in the B2B ecommerce for building materials segment …

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YouTube To Introduce Live Shopping Features, India Rollout Next Week

20 jul’22 ,WED YouTube will introduce a new shopping destination in ‘Explore’ for viewers in the United States, India and Brazil The streaming giant also announced a partnership with ecommerce enabler Shopify to integrate live shopping on the platform YouTube said it will continue expanding shopping across multiple video formats such as livestreams, shorts and …

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Lookout Notice Issued Against Three Chinese Nationals In Odisha Fake Loan App Case

19 jul’22 ,TUESDAY The Bureau of Immigration has issued a lookout notice against three Chinese nationals in relation to a fake loan app case registered by Odisha Crime Branch’s Economic Offences Wing (EOW). After the Odisha EOW reached out to the Bureau, the immigration bureau issued notices against Shen Zhenhua alias Tony, Quan Hongwei alias …

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Listed Unicorn Delhivery’s Institutional Shareholders Say No To Its ESOP Schemes

19 july’22 ,TUESDAY Delivery had presented nine items including ESOP 2012, Delhivery ESOP II 2020, Delhivery ESOP III 2020 and other allied schemes for voting in front of its stakeholders The startup was adhering to the SEBI’s norms that prohibit listed companies to make any fresh grant involving transferring shares to its employees, unless its …

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Facebook Vs Facebake And The Rise Of Trademark Infringements Wars In India

18 Jul’22 ,Monday On July 11, the Delhi HC restrained a Bengaluru-based cakery from using the name ‘Facebake’ or ‘Facecake’, or any other Facebook-related trademark for its products and services The court in the Snapdeal case also directed Domain Name Registrars to create a mechanism for brands to seek cancellation or transfer of domain names …

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Paytm Surges, Policybazaar Among Biggest Losers — Weekly Performance Of New Age Tech Stocks

18 Jul’22 ,Monday NSE Nifty50 ended the week over 1% lower at 16,049.20, while BSE Sensex closed 1.3% lower at 53,760.78 on Friday Shares of Paytm’s parent One 97 Communications surged as much as 5.7% this week to over INR 738 apiece to touch their highest levels since March 11 on the BSE Zomato shares …

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Crypto Players In Talks To Create New Blockchain Council After IAMAI Distances From Industry

18 Jul’22 ,Monday Crypto and blockchain players are still in preliminary talks for the independent think tank and are busy finding a ‘common ground’ IAMAI was unhappy with the exchanges not complying with codes of conduct and government regulation while exchanges were not happy that their problems were duly raised to the government Now, crypto …

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