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Ecommerce software firm Unicommerce Esolutions said on Monday that it will acquire Gurugram-based shipping automation company Shipway. The deal will be completed in tranches, Unicommerce said. In the first leg, it will purchase a 42.76% stake for Rs 68.4 crore. The balance will be acquired within a year through a merger or stock swap, taking 100% ownership in Shipway. The acquisition is aimed at expanding Unicommerce’s product suite to include solutions for courier aggregation, shipping automation and returns reduction, covering its offerings from pre-purchase to post-purchase segments of ecommerce.

Subscribe to enjoy similar stories. Mumbai: When Swiggy Ltd lists on the stock exchanges on Wednesday, it will mark the culmination of a short journey for Sriharsha Majety, the company’s co-founder. Majety, who began his startup journey a little over a decade ago by launching a logistics platform, quickly grew bored and shut that business.

Reserve Bank of India (RBI), which was set up in 1935, completed 90 years in April this year. Star India Private Limited, Viacom 18, Zee Entertainment Network Limited and Discovery Communications India were in the fray for «Production and distribution of Web Series Commemorating 90 years of RBI» after the central bank floated a Request for Proposal (RFP) in July. While Zee Entertainment Network and Discovery Communications India did not qualify beyond the technical evaluation round, Star India Pvt Ltd and Viacom 18 made it to the final round.

Swiggy and Zomato, are testing various services to diversify beyond their core operations, sources close to the matter shared. Bengaluru-based Swiggy is piloting a new services marketplace called 'Yello,' offering customers access to professionals such as lawyers, astrologers, dieticians, therapists, and fitness trainers. According to insiders, this initiative could potentially be hosted within the main Swiggy app or as a separate platform. This move aligns with Swiggy’s larger goal of expanding beyond food and grocery delivery. Swiggy is also exploring a premium membership service named ‘Rare,’ catering to affluent customers with perks like access to exclusive events and priority restaurant reservations. These offerings signal a strategic push into high-value services as Swiggy nears its planned stock market listing on November 13.

Edtech startup Bhanzu raised $16.5 million (about Rs 139 crore) in a funding round led by venture capital firm Epiq Capital at a valuation of about $120-122 million. The round also saw participation from Mumbai-based venture fund Z3Partners and existing investors Lightspeed Ventures and Eight Roads. The funds will be used for expanding its presence in the US and for investing in generative artificial intelligence (Gen AI).

The Singles’ Day shopping festival is looking less shiny this year as e-commerce firms look abroad for growth

Subscribe to enjoy similar stories. As content focused on women is becoming increasingly popular in China, it is also drawing flack from men—and causing headaches for Chinese companies. Last month, e-commerce giant JD.com cut ties with the female comedian Yang Li after a promotional campaign triggered intense backlash from male customers, including some who threatened to stop shopping on the app.

Subscribe to enjoy similar stories. Mumbai: Warner Music India, part of global entertainment powerhouse Warner Music Group, has made a strategic minority investment in SkillBox, the country’s third-largest ticketing and live entertainment company after BookMyShow and Insider. This move marks Warner Music India’s entry into live entertainment business, strengthening its portfolio and expanding opportunities for its artiste roster.

Swiggy and Zomato are both assessing several new services as the food and grocery delivery majors diversify beyond their core businesses, people in the know told ET. Bengaluru-based Swiggy is all set to launch a pilot programme for a services marketplace, labelled ‘Yello’, which will host professionals such as lawyers, therapists, fitness trainers, astrologers, dieticians, according to sources in the know. The company, which is slated to list on the bourses on November 13, is yet to decide if this service will be spun off into a separate app or kept on the main Swiggy platform, these people added. It is also testing a premium membership service called ‘Rare’, for affluent customers providing them access to high-end events such as Formula 1 races, music concerts, upscale art exhibitions, in addition to VIP hospitality and priority reservations at luxury restaurants. For Swiggy, these moves mark a clear diversification beyond its core offerings.

Equal has secured $10 million (about Rs 84 crore) in its first institutional fundraising, led by Prosus Ventures, Tomales Bay Capital and its founder Keshav Reddy. After the round, the startup achieved a valuation of $80 million, the company said in a statement. Reddy, the scion of the GVK family, which runs the GVK Group, founded Equal in 2016 with Rajeev Ranjan, who was previously director of engineering at Swiggy.

HDFC Capital, the real estate private equity arm of HDFC Group, has formed a partnership with realty developer Runwal Enterprises to set up a platform for developing residential projects for affordable, mid-income and upper mid-income families. As per the terms of the pact, HDFC Capital will be investing more than '1,150 crore to support the development of sustainable housing projects in Mumbai. These projects will have an estimated revenue potential of more than $1 billion. «HDFC Capital is committed to forging long-term partnerships with leading developers like the Runwal Group, with a proven track record of development and delivery. Through this collaboration, we aim to address the growing demand for sustainable, high-quality homes for affordable and middle-income families in India,» Vipul Roongta, managing director and CEO, HDFC Capital, told ET.

HDFC Capital, the real estate private equity arm of HDFC Group, has entered a partnership with realty developer Runwal Enterprises to set up a platform focused on the development of residential projects for affordable, mid-income and upper mid-income families. As per the terms of the agreement, HDFC Capital will be investing over Rs 1,150 crore to support the development of multiple sustainable housing projects across the country’s commercial capital. The portfolio of projects to be developed through this partnership is estimated to generate a revenue potential over $1 billion.

Genshin Impact, the popular role-playing game, will soon be available on Xbox Series X/S. Developer HoYoverse confirmed the release date and pre-order bundle.

Railway Protection Force (RPF) of Central Railway has successfully reunited 861 children with their families as part of their ongoing efforts through “Operation Nanhe Farishte,” TOI reported. This initiative, covering the period from April 1 to October 31, has helped reunite 589 boys and 272 girls with their families. Central Railway’s chief spokesperson, Swapnil Nila, highlighted the critical role of the RPF in safeguarding railway assets, stations, and passengers. The force adheres to the Ministry of Railways’ Standard Operating Procedure for rescuing children, collaborating with various organisations to aid in child rescue missions under “Operation Nanhe Farishte.” A recent incident on November 7, 2024, demonstrated the RPF’s dedication. RPF officers Ishwar Chand Jat and R K Tripathi, while patrolling Khandwa station, noticed a young boy sitting alone on platform 4/5. Upon counselling, they found that the boy, named Sumit, had a phone number tattooed on his right arm. When they contacted the number, Sumit’s brother informed them that Sumit suffers from amnesia. After a medical evaluation, the child was placed in Navjeevan Balgrih’s care, with ChildLine representatives assisting until Sumit’s brother could arrive to take him home.

CJI) D Y Chandrachud reflected on the pressures judges face, not only from political executives but also from private interest groups. With his tenure concluding on Monday, he shared insights on judicial independence, public influence, and the role of government collaboration.

Donald Trump has stirred controversy on social media, after X (formerly Twitter) flagged the post with a community note for an apparent legal breach.

Subscribe to enjoy similar stories. For more women, working out while pregnant now just feels like working out. Fitness for them no longer means quiet breathwork while sitting on a medicine ball.

Meta Platforms CEO Mark Zuckerberg is not personally liable in 25 lawsuits accusing his company of addicting children to social media.

mutual fund investor changes his/her primary bank account in the mutual fund folio there are certain things to keep in mind, otherwise, he may have to incur unnecessary charges and hassle. If there is an active SIP (Systematic Investment Plan) running in your mutual fund account and you change your primary bank account in that folio, then the bank account through which the SIP money is deducted will not automatically switch to the new bank account. You have to manually cancel the SIP mandate and create a fresh mandate with the new bank. If you do not do this or forget to do, then it will create a paradoxical situation where your mutual fund’s primary bank account and SIP deduction account will become different.

Chandra Arya, Member of Parliament of Canada in a statement condemned the attack by Khalistextremists on Hindu devotees at the Hindu Sabha temple in Brampton that took place on November 3 and criticized politicians for misrepresenting the incident as a Hindu-Sikh issue. Arya argued this framing is misleading and divisive.