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PhonePe DRHP: A Look At Shareholding Pattern & Key Executives

India, Jan. 25 -- Shortly after receiving regulatory go-ahead for its confidential IPO papers, Walmart-backed fintech major PhonePe filed its updated draft red herring prospectus (DRHP) with SEBI for ... Read More


Ex-Google GM Peeyush Ranjan, Muskesh Bansal Launch AI-Led Edtech Startup Fermi

India, Jan. 23 -- Seasoned entrepreneur Mukesh Bansal, who had cofounded Myntra and Cult.fit in the past, has partnered with ex-Google top executive Peeyush Ranjan to foray into edtech with the launch... Read More


Apple Moves Delhi HC Against CCI's Demand For Global Financials

India, Jan. 23 -- Apple has asked the Delhi High Court to stop the Competition Commission of India (CCI) from seeking its global financial records in relation to the ongoing antitrust probe against it... Read More


Relief For Rapido, Uber: Karnataka HC Lifts Bike Taxi Ban

India, Jan. 23 -- The Karnataka High Court has reversed a ban on bike taxi services in the state imposed by it in April last year. A division bench of Chief Justice Vibhu Bakhru and Justice CM Joshi ... Read More


Troovy Bags $5 Mn To Scale Online Distribution

India, Jan. 22 -- D2C snacking brand Troovy has secured $5 Mn (INR 45.8 Cr) in a Series A funding round led by Fireside Ventures and Sharrp Ventures, along with participation from existing investors S... Read More


IPO-Bound PhonePe's Loss Widens 20% YoY To INR 1,444 Cr In H1 FY26

India, Jan. 22 -- IPO-bound fintech major PhonePe's net loss zoomed over 20% to INR 1,444.4 Cr in H1 FY26 from INR 1,203.2 Cr in the same period of the prior year, as margins contracted. The company'... Read More


Karnataka HC Stays ED Investigation Against Gameskraft

India, Jan. 22 -- The Karnataka High Court has stayed the Enforcement Directorate (ED) investigation against real money gaming (RMG) startup Gameskraft following a plea filed by the company yesterday.... Read More


Govt To Infuse INR 5K Cr Into SIDBI To Foster MSME Growth

India, Jan. 21 -- The union government has approved equity support of INR 5,000 Cr into Small Industries Development Bank of India (SIDBI) to enhance credit availability to MSMEs and startups. The go... Read More


Enerzolve Nets $5.1 Mn To Build Infrastructure For Intelligent Energy Systems

India, Jan. 21 -- Bengaluru-based deeptech startup Enerzolve Smart Technologies has raised $5.1 Mn (about INR 46.7 Cr) in its seed round co-led by Jungle Ventures and Kae Capital. The round also saw ... Read More


Voice AI Startup Ringg Bags $5.5 Mn From Arkam Ventures

India, Jan. 21 -- Voice AI startup Ringg AI has raised $ 5.5 Mn (INR 48 Cr) in its Series A funding round led by Arkam Ventures, with participation from Groww's Founder Fund, CRED founder Kunal Shah, ... Read More