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Rapido Looking To Close $550 Mn Funding Round: Report

India, Sept. 24 -- Shortly after Swiggy's board approved a proposal to sell its entire stake in Rapido for $270 Mn (INR 2,400 Cr), the ride-hailing unicorn is now reported to be eyeing closing the fun... Read More


Credit Push: NPCI Exploring EMI On UPI Payments

India, Sept. 23 -- In a bid to further increase the usage of the Unified Payments Interface (UPI), the National Payments Corporation of India (NPCI) is reportedly working on allowing users to convert ... Read More


Evera Cabs Proposes Lease of 1,000 EVs From BluSmart Amid Insolvency Proceedings

India, Sept. 22 -- Amid ongoing insolvency proceedings, BluSmart's rival startup Evera Cabs has proposed a lease arrangement with affiliate Gensol Engineering's interim resolution professional (IRP) a... Read More


Ultrahuman Rings In INR 73 Cr Profit On 5X Revenue Surge

India, Sept. 22 -- Smart ring manufacturer Ultrahuman attained profitability in the financial year ending March 2025 (FY25), posting a net profit (PAT) of INR 71.5 Cr against a loss of INR 37.7 Cr in ... Read More