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MeitY Seeks Proposal To Build AI-Powered Deepfake Detection Tool
The Ministry of Electronics and Information Technology (MeitY) has sought proposals from startups and other relevant stakeholders for building AI-powered tools to detect deepfakes. As per the...
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Post Re-Entry, Shein Will Have No Access To Indian Users’ Data: Govt
Union commerce minister Piyush Goyal told the Parliament that Chinese retailer Shein, which plans to re-enter India soon in partnership with Reliance Retail, will have no access to the data collected...
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Starlink Device Recovered Alongside Arms In Strife-Torn Manipur
In the second such incident in less than a month, Indian troops recovered Elon Musk-owned Starlink’s satellite internet device during a search operation in strife-torn Manipur. In a joint operation,...
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InCred Financial Eyes INR 5,000 Cr IPO By Diwali Next Year
Fintech unicorn InCred Financial Services has set its public listing plans into motion and reportedly plans to raise INR 4,000 Cr (about $470 Mn) to INR 5,000 Cr (about $590 Mn) via its initial public...
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Mili Bags $2 Mn To Offer AI Assistant To Wealth Advisors
Wealthtech-focused AI SaaS startup Mili has raised $2 Mn (around INR 16.9 Cr) as part of its seed funding round co-led by Chiratae Ventures and BoldCap. The round also saw participation from investors...
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DPIIT Inks Pact With Tally To Mentor Manufacturing Startups
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a memorandum of understanding (MoU) with SaaS major Tally Solutions and HDFC Bank to mentor manufacturing startups. In a...
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Amazon Exits Shoppers Stop By Selling 4% Stake For INR 276 Cr
Ecommerce major Amazon has exited Shoppers Stop by selling nearly 4% stake in the retail chain for INR 275.88 Cr via a block deal. As per NSE data, Amazon.com NV Investment Holdings offloaded 43.95...
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Zaggle Opens INR 950 Cr QIP, Sets Floor Price At INR 550.73
Fintech SaaS company Zaggle has opened its qualified institutional placement (QIP) offer to raise INR 950 Cr. In an exchange filing, the company said that the fund raising committee of its board...
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Indian Startup IPO Tracker 2024
It’s the season of spring for startup IPOs. After a lull in IPOs in 2022 and 2023 due to geopolitical tensions, a raging funding winter, and macroeconomic pressures, startups are lining up in droves to...
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Netflix To Be The New Home Of WWE In India
OTT giant Netflix will reportedly be the new home of World Wrestling Entertainment (WWE) matches in India. The streaming major will take over the media rights of the wrestling content from Sony...
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Delhi HC Orders Meta To Take Down Deepfakes Of Journalist Rajat Sharma
The Delhi High Court (HC) has ordered social media giant Meta to take down multiple pieces of deepfakes purportedly featuring journalist Rajat Sharma. In an order dated December 18, the HC also...
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K’taka Approves Zoho-Backed Silectric’s INR 3,426 Cr Semiconductor Plant
The Karnataka government has reportedly approved Zoho-backed Silectric’s proposal to set up a semiconductor manufacturing unit in the state at the cost of INR 3,425.6 Cr. As per Economic Times, chief...
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Aditya Birla Capital Integrates Credit & Insurance Offerings On ONDC
Aditya Birla Capital has reportedly announced the integration of all its three core services – lending, insurance, and investments – on the Open Network for Digital Commerce (ONDC). With this, Aditya...
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Ampere-Maker Greaves Electric Files DRHP For INR 1,000 Cr IPO
Kicking its public listing plans into motion, electric vehicle (EV) maker Greaves Electric Mobility (GEML) on Monday (December 23) filed its draft red herring prospectus (DRHP) with Securities and...
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Announcing The D2CX Cohort 4: Enabling New-Age Brands To Achieve 10X Scale
India’s D2C ecosystem has not just gained prominence in the past decade, but has become a category by itself with its own unique dynamics that traditional FMCG retail brands never have to deal with....
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Provide Tech Platform To Help Retailers Fight Q-Commerce Giants: FRAI To Centre
The Federation of Retailer Association of India (FRAI) has urged the government to build an “enhanced technology platform” to help brick-and-mortar stores compete with the onslaught of quick commerce...
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Peak XV Offloads MobiKwik Shares Worth INR 82 Cr
VC giant Peak XV Partners on Thursday (December 26) sold fintech major MobiKwik’s shares worth INR 81.63 Cr via a block deal. As per NSE data, the investment firm, through Peak XV Partners Investment...
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CCI Sets Up Confidentiality Ring To Expedite Apple Antitrust Probe
Stepping up its antitrust probe into Apple, the Competition Commission of India (CCI) has now reportedly agreed to bring the big tech major inside a “confidentiality ring” ahead of the final hearing in...
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CCPA To Probe Ride-Hailing Apps Over Differential Pricing
Consumer affairs minister Pralhad Joshi has directed the Central Consumer Protection Authority (CCPA) to probe ride-hailing platforms for alleged differential pricing tactics. In a post on X, Joshi...
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Manmohan Singh: How The Former PM Planted The Seeds Of India’s Startup...
As the then Finance Minister Dr Manmohan Singh tiptoed into the Parliament to deliver his iconic speech on July 24, 1991, India had less than INR 2,500 Cr in foreign exchange reserves, only enough to...
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