IIFL Fintech Fund Sells Stake in TrustCheckr to Truecaller IIFL Fintech Fund, the early-stage investment arm of the IIFL Group, has recently divested its stake in the fraud detection platform TrustCheckr to Truecaller, the popular Swedish caller identification app. This strategic move signifies an evolution in the fintech and security sectors, as well as the …
India’s Rapidly Growing E-Commerce Market A Boon for MSMEs India’s e-commerce market is experiencing exponential growth, driven by a burgeoning internet user base, which reached a staggering 933 million in 2022. This surge in internet adoption, along with the proliferation of smartphones, has transformed the way consumers shop and has created a dynamic environment for …
Strike Disrupts Swiggy Services in Mumbai as Executives Demand Higher Pay A strike that commenced on October 8, following a call given by the Rashtriya Karmchari Sena, has disrupted food and grocery delivery services in Mumbai, particularly impacting Swiggy. Users of the popular delivery platform have taken to social media, notably X (formerly Twitter), to …
Zepto Eyes Rs 10,000 Crore in Sales, Profitability, and IPO in the Near Future Zepto, the promising startup founded in 2021, is setting ambitious targets for its growth and expansion. The company aims to achieve overall sales exceeding Rs 10,000 crore in the coming months, signaling its rapid progress in the Indian market. Zepto is …
Palnar Expands Global Presence with Over 300 Employees, Unveils New Brand Name iworks by Palnar Palnar, a dynamic technology company with a presence in India, the United States, and Germany, has achieved a significant milestone by surpassing a collective workforce of more than 300 employees across these locations. In line with its growth strategy, Palnar’s …