Exclusive

Publication

Byline

Location

RBI Slaps Penalties On Faircent, Finzy, Other NBFCs For Non-Compliances

India, March 7 -- The Reserve Bank of India (RBI) has imposed a cumulative monetary penalty of INR 76.60 Lakh on four non-banking financial company peer-to-peer (NBFC-P2P) lending platforms - Faircent... Read More


JioStar To Cut Over 1,000 Jobs Post Merger

India, March 6 -- Months after the completion of merger of the media business of Reliance Industries Ltd (RIL), Viacom18 and The Walt Disney, the resultant media behemoth JioStar has begun layoffs to ... Read More


Swish Raises $14 Mn To Scale Its 10-Minute Food Delivery Offering

India, March 6 -- Amid the heating 10-minute food delivery battle, Bengaluru-based Swish has raised about $14 Mn (INR 121.8 Cr to be precise) in what appears to be its Series A funding round from vent... Read More


Bhavish Aggarwal Pledges Additional 5.88 Cr Ola Electric Shares For Krutrim Debt

India, March 6 -- Months after Ola Electric founder and CEO Bhavish Aggarwal pledged the company's shares to raise debt for Krutrim, he has pledged an additional 5.88 Cr shares of the EV major to rais... Read More


OYO Expects INR 1,100 Cr Net Profit In FY26: Ritesh Agarwal

India, March 5 -- Amid the growing buzz around its much-awaited IPO, travel tech major OYO's founder Ritesh Agarwal expects the startup's net profit to touch INR 1,100 Cr in the financial year 2025-26... Read More


Darwinbox Bags $140 Mn To Boost Tech Stack, Overseas Expansion

India, March 5 -- Just a week after it was reported that Darwinbox is in discussions to raise a mega funding,the HR tech startup said it has bagged a funding of $140 Mn (about INR 1,218.1 Cr) in an un... Read More


Tracxn Allots 1.35 Lakh Stock Options To Employees

India, March 5 -- Private market intelligence platform Tracxn has allotted 1.34 Lakh stock options to eligible employees under 'TRACXN Employee Stock Option Plan 2016'. In an exchange filing, the com... Read More


PB Fintech CEO Yashish Dahiya Settles Insider Trading Case With SEBI

India, March 4 -- About a year after the Securities and Exchange Board of India (SEBI) issued a show cause notice to PB Fintech CEO and cofounder Yashish Dahiya over alleged insider trading, he has se... Read More


Jio Financial Services To Buy SBI's Stake In Jio Payments Bank For INR 105 Cr

India, March 4 -- Fintech company Jio Financial Services (JFS) is acquiring the entire stake of the State Bank of India (SBI) in its subsidiary Jio Payments Bank. JFS, which currently owns 82.17% of ... Read More


Zepto CEO Refutes Deepinder Goyal's Quick Commerce Cash Burn Claims

India, March 4 -- Quick commerce unicorn Zepto's CEO Aadit Palicha took to social media platform LinkedIn to correct Zomato CEO Deepinder Goyal over a statement he made while talking to ET. Speaking ... Read More