Clik here to view.
DPIIT Holds Discussions With VCs & PEs To Spur FDI
Ahead of National Startup Day, the Department for Promotion of Industry and Internal Trade (DPIIT) has held discussions to spur foreign direct investments (FDI) into the country. As per news agency...
View ArticleClik here to view.
Innoviti Eyes IPO In 12 Months, Allots Fresh ESOPs Worth INR 25 Cr
Digital payments solutions provider Innoviti seems to have extended its IPO timeline and is now looking to list on the stock exchanges in the next 12 months. In a statement, founder and CEO Rajeev...
View ArticleClik here to view.
SoftBank-Backed Netradyne Bags $90 Mn From Point72 Private Investments
SoftBank-backed deeptech startup Netradyne has raised $90 Mn in its Series D funding round, led by existing backer Point72 Private Investments The round also saw participation from Qualcomm Ventures...
View ArticleClik here to view.
Elon Musk Meets OYO’s Ritesh Agarwal, Other Indian Business Executives
Tesla chief executive Elon Musk met India’s top founders and business executives at SpaceX’s Starbase facility in Texas. The attendees included OYO founder and CEO Ritesh Agarwal, Flipkart CEO Kalyan...
View ArticleClik here to view.
Rapido To Expand Footprint To 500 Cities
Flush with capital, mobility giant Rapido has announced plans to expand its footprint to 500 cities across the country from 120 currently. In a statement, the startup said that the expansion plan will...
View ArticleClik here to view.
India, US Sign MoU To Enhance Cybercrime Cooperation
India and the US have signed a memorandum of understanding (MoU) to enhance cooperation in cybercrime investigations. In a statement, the external affairs ministry (MEA) said that the MoU will allow...
View ArticleClik here to view.
Airtel Partners Bajaj Finance To Offer Financial Products
Telecom major Bharti Airtel and non-banking financial company (NBFC) Bajaj Finance have announced a strategic partnership to offer financial services digitally to their customers. In a joint statement,...
View ArticleClik here to view.
Razorpay, Cashfree To Discontinue Partnership With Juspay
Following PhonePe’s suit, payment aggregators Razorpay and Cashfree also plan to discontinue all third-party partnerships and integrations with payment orchestration platforms such as Juspay. “We plan...
View ArticleClik here to view.
UPI-Linked Credit Card Patent Infringement: HC Refers Matter To Mediation
The Delhi High Court has reportedly appointed former Supreme Court (SC) Judge AK Sikri as a mediator to resolve the ongoing patent infringement case between National Payments Corporation of India...
View ArticleClik here to view.
Zepto Ropes In Smartworks To Manage New HQ In Bengaluru
As part of shifting its base from Mumbai to Bengaluru, quick commerce unicorn Zepto has reportedly selected IPO-bound coworking startup Smartworks to manage its new head office in the startup hub....
View ArticleClik here to view.
Jio Financial Services, BlackRock Pump INR 117 Cr In Mutual Fund JV
Jio Financial Services (JFS) and BlackRock have cumulatively infused INR 117 Cr in their mutual fund joint venture (JV), Jio BlackRock Asset Management. In a filing with the exchanges on Tuesday...
View ArticleClik here to view.
Ola Electric Kicks Off Production Of Electric Bike ‘Roadster’
EV maker Ola Electric has kicked off the production of its ‘Roadster’ electric bike, which the company unveiled in August last year. In an exchange filing, the company said, “… we would like to inform...
View ArticleClik here to view.
Namdev Finvest Bags $38 Mn Debt Funding To Diversify Operations
Non-banking financial company (NBFC) Namdev Finvest has raised $38 Mn in debt funding from US-based Developing World Markets (DWM), impact investor BlueOrchard, and asset management company Mirova....
View ArticleClik here to view.
Scammers Defraud Navi Technologies Of INR 14.26 Cr: Report
Sachin Bansal-led fintech unicorn Navi Technologies was reportedly defrauded of INR 14.26 Cr last month. As per The Hindu, Bengaluru’s Whitefield Cyber Crime Police registered a case against the...
View ArticleClik here to view.
D2C Skincare Brand Deconstruct Raises INR 65 Cr
D2C skincare brand Deconstruct has raised INR 65 Cr (about $7.5 Mn) from French cosmetics giant L’Oréal’s venture capital (VC) fund BOLD, V3 Ventures, and DSG Consumer Partners. The funding round also...
View ArticleClik here to view.
Zomato Will Never Compete With Restaurants: Deepinder Goyal
Amid the ongoing sabre-rattling between restaurateurs and Zomato and Swiggy on “10-minute” food delivery service, Zomato cofounder and CEO Deepinder Goyal has now reached out to the foodtech giant’s...
View ArticleClik here to view.
OpenAI Vs ANI: AI Giant Says Indian Courts Can’t Hear Copyright Breach Cases
OpenAI has reportedly told the Delhi High Court (HC) that the Indian courts do not have the jurisdiction to hear a copyright infringement case against the artificial intelligence (AI) company. OpenAI...
View ArticleClik here to view.
Perplexity Rolls Out Free Subscription To IIT Madras Students
Perplexity AI cofounder and CEO Aravind Srinivas has said that the AI search engine has provided its premium subscription plan for free to students and faculty members of his alma mater IIT Madras....
View ArticleClik here to view.
Digital Economy’s Growth To Be 2X Of National Economy By FY30: MeitY
The Centre projects India’s digital economy to grow almost twice as fast as the overall economy by the financial year 2029-30 (FY30). In a report titled “Estimation and Measurement of India’s Digital”,...
View ArticleClik here to view.
63 Cleantech Startups Working Towards Making India’s Future Cleaner & Greener
Amid escalating climate challenges and scarce resources, cleantech startups are emerging as key drivers of innovation and change. These ventures are developing solutions that balance economic growth...
View Article