Pine Labs files for a 'confidential' US IPO to raise up to $500 million

​Pine Labs, which is likely to list on the US exchanges in mid 2022, may look to seek a valuation of $6-7 billion from its $500-million IPO.

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MeitY preparing cabinet note on data bill; online food delivery spikes again

India’s data protection bill, which has been in the works for years, could be introduced in the upcoming budget session of Parliament. Restaurants and cloud kitchens are once again seeing an increase in demand for online food delivery.

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CCI to seek app makers’ inputs on Google; BigBasket tests group buying

The Competition Commission of India (CCI) wants to know how Google’s Play Store policy affects the income of Indian app developers. BigBasket is taking a page out of China’s Pinduoduo to push online grocery in India’s hinterland.

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Koo to soon get WhatsApp-like groups, CEO says

The Koo app is also scouting for people from diverse backgrounds to establish an advisory board to “handle” a few situations around hate speech or freedom of speech, CEO Aparameya Radhakrishna says.

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CCI to seek details on Google’s payment policy from app makers

The Competition Commission of India (CCI) is investigating the tech giant for alleged unfair business practices with respect to Google Pay as well as Google Play’s payment system.

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BigBasket tests grocery group buying in Tier IV India

BigBasket’s move to experiment with community buying—or what’s loosely called social commerce—comes at a time when companies are trying different ways to amp up their online grocery and essentials verticals.

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BharatPe founder sent legal notice to Kotak Mahindra Bank for missing out on Nykaa IPO

BharatPe’s cofounder and MD Ashneer Grover and his wife Madhuri Grover had sent a legal notice to Kotak Mahindra Bank on October 31 for failing to provide IPO financing in Nykaa’s IPO.

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