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| Mar 28, 2026 | Вышло обновление открытого проекта для создания и хранения в электронной библиотеке книг разного формата Calibre 9.6 | 27 марта 2026 года состоялся релиз открытого мультиплатформенного проекта Calibre 9.6. Это программное решение для чтения, создания и хранения в электронной библиотеке электронных книг разного формата. Исходный код проекта написан на Python... |
| Feb 26, 2026 | AgriFood Signals: Pepper raises $50m, Mars’ new impact fund, Syngenta IPO hints | AgFunderNews rounds up the most important fundings, mergers, acquisitions, closures, and industry buzz in agtech and foodtech. Funding news
🇺🇸 Pepper raises $50m in Series C funding FinSMEs
🇫🇷 Precision fermentation startup Verley raises $3... |
| Feb 25, 2026 | Milk-Loving India is Hungry for Plant Protein – Can These New Dairy Alternatives Hit the Spot? | 4 Mins Read India’s Life Health Foods, the parent company of So Good, has launched a high-protein range of its milk alternatives, banking on the country’s craze for the muscle-building macronutrient.
No country produces or consumes more dai... |
| Feb 28, 2025 | Embat's Strategic Leap: A New Era in Treasury Management | In the fast-paced world of finance, the right connections can make or break a company. Embat, a treasury management firm based in Madrid, has just made a significant move by acquiring Necto, a New York City-based bank API connectivity compa... |
| Feb 27, 2025 | CNBC’s Inside India newsletter: How India’s emerging as a formidable player in defense | New Delhi plans to spend about $200 billion over the next 10 years on transforming and modernizing its military.
Heightened geopolitical tensions, skirmishes at the India-China border and Beijing’s elevated presence in the Indian Ocean have... |
| Jan 31, 2025 | Exclusive: Perfect Day buries legal hatchet with co-manufacturer; searches for new CEO | The high-profile legal dispute between animal-free dairy pioneer Perfect Day and co-manufacturer Olon is over, with court records showing that the litigation has been voluntarily dismissed with each party agreeing to cover its own legal exp... |
| Nov 4, 2024 | No A+ here: Physics Wallah widens losses in FY2024 | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Samreen Ahmad · 1d ago · 3 min readNo A+ here: Physics Wallah widens losses in FY20... |
| Sep 20, 2024 | Physics Wallah raises $210 Mn in Series B, valuation soars to $2.8 Bn | Edtech company Physics Wallah (PW) has raised $210 million in a Series B funding round led by Hornbill Capital, with participation from Lightspeed Venture Partners, GSV, and WestBridge.
According to the company, this investment brings its p... |
| Aug 1, 2024 | Update: e-Luna maker Kinetic Green raises $25 Mn from Greater Pacific Capital | Update: Kinetic Green, an Indian electric vehicle (EV) manufacturer, has secured $25 million from Greater Pacific Capital (GPC). This funding is part of a larger $40 million Series A round, marking Kinetic Green’s first external equity rais... |
| Jul 9, 2024 | Microsoft Copilot in Word to Add AI Writing Assistant That Can Adapt to User Preferences | By John Lopez
Published Jul 9, 2024 12:39PM EDT
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Microsoft is boosting its popular word processing software with a new AI feature: "... |
| Jun 27, 2024 | The Week in AgriFoodTech: quick-grocery app Zepto bags $665m, Lululemon backs $66m round for recycled plastics | The eGrocery category may be down but it’s not out, and certainly not in India, where quick-commerce app Zepto just scored a massive funding round. Turkey’s Getir, also an eGrocery platform, also landed a mega round, while over in Australia... |
| Jun 1, 2024 | UPI sets new record in May with 14 billion transactions worth over Rs 20 trillion | Unified Payments Interface (UPI) has set another record as it processed more than 14 billion transactions worth Rs 20.45 lakh crore or Rs 20.45 trillion in May, according to data issued by the National Payments Corporation of India (NPCI).
... |
| May 11, 2024 | Voyage Foods: Leading the Way in Sustainable Food Innovation | Voyage Foods, a cutting-edge food innovation company based in California, has recently secured a substantial $52 million in funding, bringing their total raise to an impressive $94 million. This funding round, co-led by Level One Fund and H... |
| May 9, 2024 | The Week in AgriFoodTech: Voyage Foods raises $52m, ArkeaBio bags $27m, a ‘regulation-free’ zone for biotech | Funding rounds were abundant this week, including a raise by chocolate-free cocoa maker Voyage Foods, ag biotech startup ArkeaBio, and several players in southern Asia.
Speaking of Asia, South Korea has designated a “regulation-free” zone f... |
| May 9, 2024 | Digit Insurance to open IPO on May 15 with reduced size | Go Digit General Insurance has announced that its initial public offering (IPO) will open on May 15 and close on May 17. The company’s red herring prospectus (RHP) issue comprises a fresh issue of shares worth Rs 1,125 crore and an offer fo... |
| May 8, 2024 | IRDA imposes Rs 1 Cr fine on Go Digit Insurance | The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a penalty of Rs 1 crore on IPO-bound Go Digit General Insurance for inordinate delay in the filing the particulars of the joint venture agreement related to the... |
| Apr 30, 2024 | FirstCry refiles draft IPO papers after SEBI’s concern | Brainbees Solutions—the parent company of kids-focused omni-channel retailer FirstCry—has refiled its draft red herring prospectus (DRHP) just days after concerns around its numbers were raised by the Security Exchange Board of India (SEBI)... |
| Mar 28, 2024 | Why are Indian startups ready to pay big for a ‘reverse flip’? | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Samreen Ahmad · 13h ago · 6 min readWhy are Indian startups ready to pay big for a ... |
| Mar 18, 2024 | SHRM India Announces the 10th Edition of Tech Conference, One of India's Biggest Gatherings of HR Professionals | Hyderabad, Telangana, India
SHRM India is thrilled to announce the 10th edition of SHRM India Tech'24 Conference & Expo, scheduled for May 9-10, 2024, Hyderabad. Following the resounding success of past events, this year’s conference st... |
| Mar 1, 2024 | Meet the Ambanis, who live in a $1 billion skyscraper and mingle with royals and Bollywood stars | Finance Meet the Ambanis, who live in a $1 billion skyscraper and mingle with royals and Bollywood stars
Katie Warren and Jyoti Mann
Updated
2024-03-01T10:33:12Z
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| Mar 1, 2024 | An Indian mega-party is attracting so many private jets that officials set up extra passport control for all the VIPs | Travel An Indian mega-party is attracting so many private jets that officials set up extra passport control for all the VIPs
Kieran Corcoran
2024-03-01T15:17:09Z
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| Feb 23, 2024 | Byju’s investors seek founder’s ouster after heated general meeting | ManagementNews
Lokesh Choudhary · 23 Feb 2024 · 2 min readByju’s investors seek founder’s ouster after heated general meeting
Byju’s office / Photo credit: Glassdoor
Byju’s, the troubled edtech giant, is facing a lawsuit filed by its own ba... |
| Feb 20, 2024 | PhonePe aims to be a top Google Play alternative in India — but it has a challenging road ahead | Walmart-backed PhonePe is set to launch its Android app store this week with zero commission for in-app purchases for developers. The app store is based on Indus OS’ tech, a company that PhonePe acquired in 2021.
Some top developers in Indi... |
| Feb 20, 2024 | DroneAcharya to acquire 76% stake in Aerophile Academy | Industrial drone solution provider, DroneAcharya Aerial Innovations Ltd is set to acquire a majority stake in Aerophile Academy Pvt Ltd, a DGCA-certified company that provides drone pilot training.
The board at DroneAcharya has signed a ter... |
| Feb 7, 2024 | Future Food Quick Bites: Valentine’s Specials, Scotch Eggs & Greek Dragons’ Den | 6 Mins Read In our weekly column, we round up the latest news and developments in the alternative protein and sustainable food industry. This week, Future Food Quick Bites covers Fortnum and Mason’s cultivated scotch egg tasting, a Dragons’... |
| Feb 4, 2024 | India’s Paytm is in flux | Shares of Paytm plunged 10% on Monday, the third consecutive session of declines, touching an all-time low of 438.35 Indian rupees (or $5.28) after the RBI’s clampdown last week looks to have had a more extensive impact than previously anti... |
| Jan 30, 2024 | ‘Immense Potential’: Indian Government Body to Develop Cultivated Fish in Partnership with Neat Meatt | 6 Mins Read In a first-of-its-kind partnership, the Indian government is embarking on a project to create cell-cultured seafood with cultivated meat startup Neat Meatt Biotech.
The ICAR-Central Marine Fisheries Research Institute (CMFRI) ha... |
| Dec 14, 2023 | The Week in AgriFoodTech: Ag marketplace Vegrow lands $46m, Yara acquires fertilizer business, Chipotle invests in ag robotics | Welcome to the new, streamlined format of our Week in AgriFoodTech, where you’ll find less rambling from yours truly and fast access to the most important news of the week in food, agriculture and climate. (Do drop me a line if you have fee... |
| Nov 14, 2023 | Uniswap launches Android wallet app with built-in swap function
Animoca eyes SportFi ecosystem, becomes Chiliz Chain validator
Privacy-first, copyright-friendly content is key to driving Web3 adoption
FTX, BlockFi claims settlement allowed to proceed, judge declares
How this decentralized so ... | Uniswap Labs has publicly released an Andriod mobile wallet app with built-in swap capability on the Google Play store.
The new app allows users to make swaps through the decentralized exchange (DEX) from within the app, eliminating the nee... |
| Nov 14, 2023 | Blockchain.com $110M funding round halves its 2022 valuation: Report
Delaware authorities refer fake BlackRock XRP trust filing to state’s Justice Department
How this all-in-one app bridges the gap between traditional banking and crypto
Tornado Cash users file appeal over judgment in favor of ...... | Crypto exchange and wallet provider Blockchain.com closed a $110-million Series E financing round, an investment that more than halves its previous 2022 valuation of $14 billion.
In a Nov. 14 blog post, Blockchain.com said the closing of it... |
| Nov 10, 2023 | India, China lead the AI fertility treatment race | Source: SmartCompany article-article-body
From robotic nannies for embryos to algorithms that determine the prime time for conception, AI is changing how we make babies.
In late 2021, Chinese scientists crafted AI systems or robotic nannies... |
| Nov 9, 2023 | Bharat Housing Network raises $14.5 Mn Series A led by Nabventures | Bharat Housing Network, a tech platform for co-lending in affordable housing, has raised Rs 125 crore (approximately $14.5 million) in its Series A round led by Nabventures Fund with participation from Varanium NexGen Fund, 9Unicorns, River... |
| Oct 25, 2023 | India demands $12B from online gaming firms, cites tax evasion | In a massive crackdown, Indian tax authorities have issued notices to numerous online gaming companies demanding approximately 1 trillion rupees ($12.03 billion) in taxes that the companies allegedly evaded over the years, a senior governme... |
| Oct 17, 2023 | Invesco marks up Swiggy’s valuation to $8 Bn | While valuation mark-ups and mark-downs barely suggest any drastic changes for the companies involved, they do manage to stir a narrative among the general public about hyper-funded startups such as Swiggy.
After facing valuation markdown b... |
| Sep 28, 2023 | CRED moves from wallet to cars with ‘Garage’ | Fintech unicorn CRED on Thursday introduced ‘CRED Garage’, a personal vehicle management feature within the main mobile app.
The feature essentially aims to provide a single dashboard for priority concierge services, timely reminders, docum... |
| Sep 25, 2023 | Dial4242 enabling patients to book ambulance in 15 seconds raises Rs 1 crore | Mumbai-based Dial4242, a startup allowing people to book ambulance service in 15 seconds, has raised Rs 1 crore in a seed funding round to expand its presence across the country.
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The startup is also committed to catering to c... |
| Sep 13, 2023 | 3 agtech startups bringing financial inclusion to farmers in Asia Pacific | It may come as a surprise to you that the world’s agriculture industry – the multi-trillion dollar industry that feeds us – operates on a very informal basis in most of the world. From large-scale growers in the Global North to smallholder ... |
| Aug 23, 2023 | Indian edtech startup gets $6m to help close education funding divide | FintechNewsStartups
Lokesh Choudhary · 24 Aug 2023 · 2 min readIndian edtech startup gets $6m to help close education funding divide
Image credit: GradRight
GradRight, an India-based startup that helps students with selecting their universi... |
| Aug 3, 2023 | Spinny lays off around 300 employees as it merges Truebil and Max platforms | Used car retailer Spinny has laid off nearly 300 employees as the company merged Truebil and Max platforms into the main platform.
The objective is to have cleaner and more focussed execution going forward and offering everything to the cus... |
| Aug 1, 2023 | UPI monthly transaction volumes near 10 Bn in July | Unified Payments Interface (UPI) has registered close to 10 billion (9.96 billion) transactions worth Rs 15.34 lakh crore (Rs 15.34 trillion) in July, a slight increase over the previous month, according to data issued by the National Payme... |
| Jul 19, 2023 | The RTP Gold Rush: 10 FedNow Predictions | The United States’ long-awaited real-time payments (RTP) system, FedNow, is due to launch any day now. The availability of instant money transfers has huge potential to impact virtually all players in the economy, from financial institution... |
| Jul 12, 2023 | Stablecoins Pose 'Existential Threat' to Policy Sovereignty, Says India Central Bank Official: Report | Stablecoins are an existential threat to policy sovereignty and are only useful to a few countries, said Reserve Bank of India Deputy Governor Rabi Sankar at an event, according to the local news platform The Hindu.
Given the concerns aroun... |
| Jun 22, 2023 | ‘Om-washing’: Why Modi’s yoga day pose is deceptive | In 2014, when Indian Prime Minister Narendra Modi first addressed the United Nations General Assembly, he arrived with a mission: to propose a resolution that recognises June 21 as the International Day of Yoga and India as the spiritual bi... |
| Jun 10, 2023 | Meta Is Working On A ‘Sanely Run’ Twitter Clone | Facebook's CEO Mark Zuckerberg delivers his speech during the VivaTech (Viva Technology) trade fair ... [+] in Paris, on May 24, 2018. (Photo by GERARD JULIEN / AFP) (Photo credit should read GERARD JULIEN/AFP via Getty Images)AFP via Getty... |
| Jun 2, 2023 | India Neobanking Sector Poised for 50.5% Annual Growth Through 2025 | India’s neobanking market has been growing at a fast pace, driven by rapid change in technology, growing levels of Internet and smartphone penetration and supportive government initiatives.
Accounting and consulting firm Grant Thornton esti... |
| May 23, 2023 | NEW REPORT: Indian agrifoodtech startups raise $2.4bn in 2022 as investors head upstream | Editor’s Note: AgFunder is AFN’s parent company. Please note, AgFunder has adjusted its reporting on Indian agrifoodtech investment to follow the calendar year, in line with the global report. Previous AgFunder India reports were based on t... |
| Apr 20, 2023 | Six Takeaways From the FIS Global Payment Report 2023 | Making payments is no longer just a simple transfer of cash from consumer to merchant. As our world becomes increasingly digitized, consumers are now demanding safety, efficiency, and the ability to be rewarded whenever they make a purchase... |
| Apr 12, 2023 | Glooko integrates with Hedia for personalized insulin dosing | The Hedia Diabetes Assistant provides insulin dosing advice based on each individual's habits
Over 37 million Americans have diabetes, a disease that can have detremental effects on other parts of the body: 69% have high blood pressure, 44%... |
| Mar 29, 2023 | LivSpace Rival Design Cafe Bags $4.8 Mn Funding To Extend Runway | The funding round was a mix of equity and debt and was led by WestBridge Capital, Mirabilis Investment Trust and Alteria Capital
Design Cafe will also use the fresh funding to expand its brand and enter new markets in the country
The interi... |
| Mar 27, 2023 | Jack Ma makes rare public appearance in China | Image from Twitter by Reuters World
Jack Ma, the founder of tech giant Alibaba, made a rare public appearance in China on Monday after his fall from grace during a government crackdown over two years ago.
ALSO READ: China banking tycoon Bao... |
| Mar 27, 2023 | Everything to know about Bharat Gaurav tour packages - railway tours showcasing India’s cultural heritage | On March 21, Indian Railways inaugurated its latest tour package under the Bharat Gaurav scheme — a 15-day train journey covering India’s northeastern states.
Bharat Gaurav tour trains are a form of tour package which includes services like... |
| Mar 24, 2023 | Sequoia-backed Park+ revenue shoots up over 5X in FY22 | Park+ has grown at a rapid clip during the last two fiscal years, as reflected by a nearly fourteen-fold growth in its operating scale between FY20 and FY22.
The startup’s revenue from operations ballooned 5.3X to Rs 36.4 crore in FY22 as c... |
| Feb 22, 2023 | FreshToHome raises $104 Mn led by Amazon Smbhav Venture Fund | FreshToHome, an online platform for fresh meat, fish and seafood, has raised $104 million in its Series D round led by Amazon Smbhav Venture Fund. Dubai-based E20 Investment Ltd, Bengaluru-based Mount Judi Ventures, and Jeddah-based Dallah ... |
| Feb 15, 2023 | India Bets on Digital Banking to Improve MSME Access to Finance | India, a world leader in digital payments and fintech innovation, is entering the next phase of its digital finance transformation, now eyeing the prospects of digital banking to address the credit gap faced by micro, small and medium-sized... |
| Jan 30, 2023 | NCLAT to hear Google’s appeal against CCI ruling on February 15-17 | Team TC 30 Jan, 2023
After Google’s appeal to rush the hearing in the Google vs CCI Android antitrust case, the National Company Law Appellate Tribunal (NCLAT) decided on Monday to hear the big tech firm’s arguments on February 15-17, accor... |
| Jan 25, 2023 | India’s gig economy drivers face bust in the country’s digital boom | Suneeta Kohli, a female Uber driver in New Delhi, had her account suddenly disabled one evening while she was en route to pick up a rider in a southern part of the capital city.
“I was reaching the destination, but it took some time due to ... |
| Jan 7, 2023 | Starbridge Weekly Space Update for 10/24/2022 | Starbridge
Michael Mealling addressed the inaugural session of ‘Space Technology: The Next Business Frontier’ Conclave last week at IIT Madras in Chennai, India. The event received some press in the Indian business news.
Portfolio Compa... |
| Jan 5, 2023 | A hyperlocal OTT born in funding winter wants to tell stories in Indian dialects | Going hyperlocal, STAGE, a participant in Shark Tank Season 2, plans to upload OTT content in the top 20 dialects of the country.
STAGE started with Haryanavi dialect content in 2019, now has over 225,000 subscribers across Haryana and Raja... |
| Dec 29, 2022 | Dispatch from Bangalore, end of 2022 edition | In 2014, Prayank Swaroop made a pitch to the storied venture firm Accel, where he worked as an associate, about future marketplaces in India to evaluate.
At the time, Flipkart and Snapdeal were the only two e-commerce startups in India that... |
| Dec 26, 2022 | From Delhi to Bangalore: the most exciting party spots you can bookmark for NYE | For people looking to bring in 2023 with the perfect party, here’s a list of some of the most exciting events happening across India.
Chennai has a masquerade-themed party, while both Bangalore and Hyderabad have Paris-themed nights planned... |
| Dec 21, 2022 | The 10 most active European and US investors betting on India as Asia's tech powerhouse, as it hits 100 startups worth $1 billion or more | A Zomato food delivery driver. Nasir Kachroo/NurPhoto via Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
India claims to be the third-largest startup ecosystem behind the US... |
| Dec 12, 2022 | What startup founders should know about board selection
The comrade in arms
Functions and objectives of a board of directions
Defining dynamics
TechCabal’s 2021 Year-End report
Success! | Disclaimer: Susana Garcia-Robles, Venture Partner, Capria Ventures, wrote and contributed this article to TechCabal.
More than a decade ago, a small SaaS company running from a tiny house-turned-office in the suburbs of the Southern Indian ... |
| Dec 1, 2022 | Vistara Will Merge With Air India To Form India’s Biggest International Airlines, 2nd Biggest Domestic Airlines | Tata Sons and Singapore Airlines (SIA) will merge Vistara into Air India.
Contents
1 Tata gets majority stake
2 Tata Sons’ statement
3 SIA’s statement
4 Vistara’s statement
5 World’s third largest aviation market
6 Vistara scrambles to reas... |
| Nov 29, 2022 | Gogoro to pilot battery swapping and Smartscooters in Philippines next year | Gogoro, the Taiwanese company that’s commercializing battery swapping ecosystems for electric scooters, is targeting the Philippines as its next market. The startup said Tuesday it has partnered with Filipino conglomerate Ayala Corporation,... |
| Nov 29, 2022 | RBI Reluctant To Grant NBFC Licences To Fintechs, Applications Of PhonePe, Razorpay Rejected | The RBI has rejected NBFC licence applications of PhonePe, Razorpay, BharatPe, OkCredit, and Niyo
The central bank’s stance is largely a result of concerns related to ownership of fintech startups and the origin of capital flowing into thes... |
| Nov 22, 2022 | Artemis Aerospace reveals the most common misconceptions about aircraft safety | Over the years, there have been many myths and misconceptions about the safety of air travel. From toilet waste being discarded mid-air to where the safest seats are on board, André Viljoen, former commercial airline pilot and logistics man... |
| Nov 21, 2022 | Decoding a Jungle Ventures-backed SaaS firm’s profitability | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Collin Furtado · 14h ago · 6 min readDecoding a Jungle Ventures-backed SaaS firm’s ... |
| Nov 18, 2022 | SEBI Working On Guidelines To Govern Financial Influencers | SEBI member SK Mohanty noted that stock tips were flowing freely on social media platforms without any regulation
SEBI is also reportedly looking at mandating registrations for social media influencers, on the lines of rules governing regis... |
| Nov 7, 2022 | Digital health news, funding round up in the prior week; November 7, 2022 | CVS and Walgreens pay $10B in opioid lawsuit; J&J acquired Abiomed; Valera Health raised $44.5M
Top Health News
A study released by Elevance Health (formerly Anthem) showed that people overwhelmingly like the experience and plan to cont... |
| Nov 4, 2022 | The Uptake | Cloud kitchens: best of both worlds | Hi, it’s Edmund.
The concept of cloud kitchens has been around for some time now. We’re talking about high-tech food production facilities without customer-facing operations.
But over the past few years, this space has gained traction, espe... |
| Nov 2, 2022 | D2C Unicorn Mamaearth Turns Profitable In FY22, Revenue Inches Closer To INR 1,000 Cr Mark | Mamaearth posted a profit of INR 19.8 Cr in FY22 as against a loss of INR 1,332 Cr in FY21
Revenue from operations rose 2X to INR 931.7 Cr from INR 459.9 Cr in FY21
Mamaearth turned unicorn in December last year after raising $51 Mn in a fu... |
| Oct 26, 2022 | Ahead Of Google Play Store Billing Policy Deadline, Developers Plan Legal Action | Match Group and the Alliance of Digital India Foundation (ADIF) will likely seek a stay order against Google
A group of petitioners will also appeal before the government to compel the tech giant to maintain the status quo on its policies
T... |
| Oct 21, 2022 | IndiaMART’s Q2 FY23 Profit Narrows 16% YoY To INR 68 Cr | IndiaMART’s revenues from operations soared nearly 32% YoY to INR 240.6 Cr in Q2 FY23
The profits took a hit likely on account of significant investment in manpower, product, technology, sales and servicing
Its expenses rose nearly 78% in Q... |
| Oct 14, 2022 | Tata Power, a top power producer in India, confirms cyberattack | Tata Power, a leading power generation company in India, has confirmed it was hit by a cyberattack.
In a brief statement released on Friday, the Mumbai-based company said that the attack impacted some of its I.T. systems.
“The company has t... |
| Oct 12, 2022 | NSDL Invests In ONDC, Picks Up 5.6% Stake For INR 10 Cr | NSDL invested an amount of INR 10 Cr in the state-backed venture via the private placement route
The open network which aims to democratise the ecommerce space in the country is also backed by various public and private sector banks
Earlier... |
| Oct 6, 2022 | India’s Digital Evolution Has Led To New Competition-Related Challenges: FM | M&As are happening across the globe and are resulting in issues of competition. Such issues have to be fairly and squarely addressed as per the law of the land: FM
Keep one eye on Indian competition laws and another on global best pract... |
| Sep 23, 2022 | Vi Business partners with Trilliant to build IoT solutions for smart grids | Team TC 23 Sep, 2022
Vodafone Idea’s enterprise arm Vi Business said that it will build and deploy integrated IoT solutions for DISCOMS in partnerships with Trilliant, a solution provider for smart grids. These Internet of things (IoT) solu... |
| Sep 19, 2022 | Despite Soaring Funding and Valuations, Indian Fintechs Struggle to Turn a Profit | India’s fintech industry has grown as a rapid pace over the past years, and stands today as the world’s third largest fintech startup hub.
Locally, fintech companies raised a staggering US$29 billion in funding in the first seven months of ... |
| Sep 19, 2022 | IRCTC To Approach RBI For Payment Aggregator License | Registrar of Companies, NCT Delhi and Haryana has lately approved IRCTC’s MoA, which states its interest in becoming a payment aggregator
Besides, the Registrar of Companies, NCT Delhi and Haryana have further asked IRCTC to change the ‘mai... |
| Sep 13, 2022 | Milk Mantra Profit Declines 36% To INR 13.6 Cr In FY22 Despite 47% Jump In Sales | Milk Mantra’s total revenue grew 48% to INR 271 Cr in FY22 from INR 182 Cr in FY21
Total expenses rose over 50% to INR 256.4 Cr from INR 170.7 Cr in FY21
Milk Mantra currently has dairy processing plants in Gop, Konark, Hatibari, and Sambal... |
| Sep 13, 2022 | SEBI won’t interfere with IPO pricing process says SEBI chief Madhabi Puri Buch but favours better disclosures | SEBI chief Madhabi Puri Buch asked IPO bound companies to maintain proper disclosure of equity value since inception.
Front running, insider trading, information asymmetry, fraudulent transactions, manipulations of stock prices are our vers... |
| Sep 13, 2022 | SEBI Has No Business To Suggest IPO Price To New-Age Tech Companies: Chairperson | At what price you choose to do your IPO is your business, we have no business to suggest otherwise: Buch
The SEBI chairperson, however, called for proper disclosures related to equity value and asked the companies to justify massive changes... |
| Sep 12, 2022 | Predictive gaming is gaining ground in India – here’s what it means for the Indian sports business landscape | A smorgasbord of applications around technologies like blockchain & AI, are rapidly expanding gaming formats and enthusiasts are being found in India’s hinterland is turning gaming into an opportunity that is ringing in the moolah for c... |
| Sep 7, 2022 | India’s Skyroot Aerospace raises $51 million ahead of inaugural launch | The company recently formed a partnership with two Australian space companies — HEX20 and QL Space — as part of six industry-to-industry collaboration deals between India and Australia.
SEOUL, South Korea — Skyroot Aerospace, an Indian rock... |
| Aug 31, 2022 | DoT Directs TRAI To Begin Consultations On Regulating OTT Communication Apps: Report | The proceedings are part of the efforts by the DoT to regulate OTT apps to prevent the misuse of the technology in the evolving digital landscape
The DoT will soon also commence consultations with the Ministry of Information and Broadcastin... |
| Aug 29, 2022 | Vi Data Leak: CyberX9 Report Alleges Data Breach Of 300 Mn+ People; Telco Denies | The cybersecurity firm alleged that Vi mishandled the sensitive personal data of its users and was negligent
The telecom giant has refuted the data breach, calling the report false and malicious
Vi stated that vulnerabilities were identifie... |
| Aug 23, 2022 | Recommerce Startup Cashify Raises Over INR 52 Cr From Amazon, Blume Ventures | A resolution to issue 10 equity and 2,195 Series E preference shares at an issue price of INR 2,39,696 per share to raise INR 52.85 Cr was passed by Cashify
While Amazon pumped in INR 39.5 Cr in the startup, Blume Ventures invested INR 13.4... |
| Aug 19, 2022 | WestBridge leads $35 Mn Series C round in edtech startup Sunstone | Higher education-focused edtech firm Sunstone has raised $35 million in a series C funding round led by WestBridge Capital with participation from existing investor Alteria Capital. This is the second round of funding for the company in les... |
| Aug 18, 2022 | RBI Slaps Fine On Fintech Firm Obopay For Non-Compliance With PPI, KYC Norms | The fine was imposed for non-compliance with certain provisions of master directions related to prepaid payment instruments and KYC
The penalty was imposed by the RBI under Section 30 of the Payment and Settlement Systems Act, 2007
After co... |
| Jul 30, 2022 | CarTrade In The Black, Reports Profit Of INR 3.31 Cr In Q1 | CarTrade had reported a loss of INR 46.12 Cr in Q1 FY22 and INR 21.39 Cr in the fourth quarter of FY22
The auto platform’s total income grew 47% YoY to INR 92.77 Cr during June quarter
CarTrade averaged 31 Mn monthly unique visitors during ... |
| Jul 26, 2022 | 5G Auction: Jio, Airtel, Voda Idea & Adani Ready War Chest For INR 1.9 Lakh Cr Bidding | Reliance Jio, Airtel, Vi and Adani can bid up to 9X of their deposits; thus bidding INR 1.26 Lakh Cr, INR 49,500 Cr, INR 19,800 Cr and INR 900 Cr, respectively
With Vi’s continuing financial struggles, the telecom company is not expected to... |
| Jul 25, 2022 | Y Combinator-Backed Better Opinions Raises Funds; Looks To Blend Social Media With Opinions Trading | Metaplanet VC, Goldwater Capital, Y Combinator, Taurus VC, Original Capital, Tremis Capital, Super Capital and a slew of angel investors have participated in the funding round
Better Opinions will use the funds to build and expand product a... |
| Jul 22, 2022 | Meta In Final Stages Of Investing In Indian Startup Better Opinions | Meta is looking to invest up to $3 Mn in Better Opinions’ seed round that could likely peg the startup at under $25 Mn: Report
Negotiations are still underway and the deal is yet to close, the report said
If the deal fructifies, it will be ... |
| Jul 21, 2022 | Emami Acquires 30% Stake In Pet Care Startup Cannis Lupus | Emami acquired the stake in an all-cash deal, but did not disclose the financial details of the deal
Cannis Lupus is a Gurugram-based startup that offers food, supplements and other pet care products
Cannis Lupus will focus on the fast-grow... |
| Jul 16, 2022 | SEBI Starts Surprise Visits At Private Equity Funds & AIFs To Examine Compliance | Only last year, SEBI made a slew of changes, including updating the definitions of venture capital undertakings and the conduct of find managers
This time, it has implored the flouting of structures by AIFs to give HNIs an edge in private e... |
| Jul 14, 2022 | L&T CMD SN Subrahmanyan’s salary doubles after a pandemic cut but Naik’s pay remains the same | L&T is amongst the largest infrastructure companies in India, with its business spread across engineering, construction, manufacturing among others.
In its annual report, the infra giant revealed large pay hikes to its top management, i... |
| Jul 12, 2022 | Hoichoi, aha and Planet Marathi - regional OTTs challenging Netflix, Prime and Hotstar | After the pandemic, many of us were stuck within the four walls of our houses and OTT platforms like Netflix, Amazon Prime and Hotstar sometimes became the only source of entertainment in our lives.
The pandemic also gave a push to the regi... |
| Jul 11, 2022 | US-Based Cognizant Gets Multi-Year Contract For Software Services From National Insurance Company | US-Based Cognizant Gets Multi-Year Contract For Software Services From National Insurance Company
The National Insurance Company Ltd has partnered with Cognizant Technology Solutions to accelerate and manage digital transformation.
NICL is ... |
| Jul 9, 2022 | Flipkart Forays Into Hotel Booking Services | Touted as a ‘budget-friendly’ service, Flipkart Hotels will be available on the ecommerce app
The service will be backed by Flipkart’s online travel aggregator (OTA) arm Cleartrip and will deploy the ticketing platform’s API to allow users ... |
