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Gearing Up For IPO, Razorpay Converts Into Public Entity

India, April 17 -- Fintech unicorn Razorpay has converted into a public company, a crucial step in preparation for its initial public offering (IPO). As per its regulatory filing, the startup got the... Read More


BluSmart-Linked Gensol's Independent Director Arun Menon Quits Amid SEBI Probe

India, April 17 -- With Gensol Engineering under the lens of markets regulator SEBI, its independent director Arun Menon has resigned with immediate effect, citing concerns over the "debt position of ... Read More


[Update] After ED Raids, EaseMyTrip Denies Links To Mahadev Betting App

India, April 17 -- Update | April 17, 12:27 Online travel aggregator (OTA) EaseMyTrip has issued clarification on the raids conducted by the Enforcement Directorate at its premises in connection with... Read More


Mahadev Betting Case: ED Conducts Raids At Premises Linked To EaseMyTrip's Nishant Pitti

India, April 16 -- The Enforcement Directorate (ED) is reportedly conducting nationwide raids at several locations linked to online travel aggregator EaseMyTrip's promoter and cofounder Nishant Pitti ... Read More


ED Raids EaseMyTrip Cofounder Nishant Pitti's Premises In Mahadev Betting Case

India, April 16 -- The Enforcement Directorate (ED) is reportedly conducting raids at several locations across the country linked to online travel aggregator EaseMyTrip's promoter and cofounder Nishan... Read More


Delhi Extends Existing EV Policy Again, Says No Ban On Any Vehicles

India, April 16 -- The Delhi government has extended its electric vehicle (EV) policy by another three months. This is the third such extension in the last four months following the expiration of the ... Read More


CRED Looks To Raise $100-200 Mn On A Down Round $4 Bn Valuation

India, April 14 -- Fintech unicorn CRED is looking to raise $100-200 Mn in a new funding round that would value the Kunal Shah-led startup at $4 Bn post-money, a considerable decrease from its $6.4 Bn... Read More


CRED Looks To Raise Up To $200 Mn With Steep Cut In Valuation

India, April 14 -- Fintech unicorn CRED is looking to raise $100-200 Mn in a new funding round that would value the Kunal Shah-led startup at $4 Bn post-money, a considerable decrease from its $6.4 Bn... Read More


Centre Asks Jio, Airtel, Vi For Chinese Equipment Details

India, April 14 -- The ongoing trade tensions between the US and China have put Indian telecom companies in the crosshairs. The Department of Telecommunications (DoT) has issued a fresh directive to ... Read More


Ecom Express' Acquisition To Boost Profitability, Poses Lower Risks: Delhivery

India, April 11 -- Logistics major Delhivery has said that its INR 1,407 Cr acquisition of Ecom Express will help it improve scale and shore up profitability. In an exchange filing, Delhivery said th... Read More