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8 Months After Teasing Launch, Uncertainty Looms Over Free Fire's India Re-Entry

India, May 15 -- Uncertainty prevails over the relaunch of battle royale game Free Fire in India. Parent company Sea's CEO and founder Forrest Li did not offer any clarity on the timeline for the rela... Read More


Digit IPO: Insurtech Unicorn Raises INR 1,176 Cr From Anchor Investors

India, May 14 -- A day before the opening of its much-awaited initial public offering (IPO), insurtech major Go Digit General Insurance (Digit) on Tuesday (May 14) raised INR 1,176.6 Cr from its ancho... Read More


Bernstein Ups Zomato's Price Target To INR 230, Cites Blinkit's Impressive Q4 Growth

India, May 14 -- Following Zomato's Q4 results, brokerage firm Bernstein maintained its "OUTPERFORM" rating for the foodtech major's stock and raised its price target (PT) to INR 230 from INR 200 earl... Read More


Fintech Startup Rupeek Raises INR 51 Cr In A Down Round From 360 One, BlackSoil

India, May 14 -- Gold loan provider Rupeek has raised INR 51 Cr in a down round from 360 One Large Value Fund (formerly IIFL Wealth Management) and BlackSoil. The fresh capital was raised at a third ... Read More


BizDateUp Picks Up 20% Stake In Duro Green To Enter Wet Waste Management Space

India, May 14 -- Angel investing platform BizDateUp Technologies, which recently launched an INR 200 Cr Category I Alternative Investment Fund to invest in technology startups, has bought 20% stake in... Read More


Urban Company Profitable Before Tax In April 2024: CEO Abhiraj Bhal

India, May 14 -- Hyperlocal services startup Urban Company turned profitable before tax (PBT) in April 2024, as per its cofounder and CEO Abhiraj Singh Bhal. In a post on LinkedIn on Monday (May 13),... Read More


Compliance With Consumer Review Norms To Be Made Mandatory For Ecommerce Platforms

India, May 14 -- The union government plans to make it mandatory for ecommerce platforms to comply with quality consumer review norms to curb the problem of fake reviews. News agency PTI cited consum... Read More


Inc42 & Microsoft Team Up For The AI Connect: Building Ethical AI For A Better Future

India, May 13 -- As discussions around 'Responsible AI' and 'Ethical AI' heat up, Inc42 has joined forces with the tech giant Microsoft to host 'The AI Connect' - an invite-only event in Delhi on May ... Read More


Comply With Anti-Money Laundering Norms: FIU-IND Director To Crypto Platforms

India, May 11 -- Financial Intelligence Unit-India's (FIU-IND) director Vivek Aggarwal has yet again called on all offshore and onshore crypto exchanges operating in the country to comply with anti-mo... Read More


Govt Inks MoU With Mahindra Group To Skill 500 Women In Drone Operation

India, May 11 -- The union government has signed a memorandum of understanding (MoU) with Indian conglomerate Mahindra & Mahindra (M&M) to conduct two pilot projects under the Centre's ambitious "Dron... Read More