funding deals

EazyDiner, a restaurant table reservation, food discovery and payment platform, has raised Rs 40 crore ($4.86 million) from Sparkle Fund, a venture capital arm of DMI Alternatives.The startup, present in India and United Arab Emirates, will…

Direct-to-consumer Ayurveda brand The Ayurveda Co has raised Rs 100 crore in Series A funding round for expanding offline presence, improving product manufacturing, expanding research and development and accelerating digital awareness…

Hi, Apoorva here. This week I did a status check on Amazon’s food delivery business in India which is over a year old now.At the outset, the idea of a Big Tech player, with a massive war chest entering a duopoly market signalled more…

It's Digbijay. On Monday, the Supreme Court said an investigation by India’s competition regulator into Amazon’s and Flipkart’s business practices could go ahead. A few hours later, Amazon announced it would discontinue its joint venture…

Dream Sports has set up a corporate venture arm called Dream Capital, through which it plans to invest $250 million in 20 sports, gaming and fitness tech startups.Also in this letter:■ NSE, BSE to ease buying of foreign stocks■ Lenskart’s…

It's Zaheer. On Friday, the Supreme Court stalled the August 2020 sale of Future Group to Reliance, handing a major victory to Amazon. The court said the order by a Singapore arbitrator last October, which put the deal on hold, was valid.…