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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


Equilibrium Nets $3 Mn To Expand Carbon Removal Projects

India, Sept. 19 -- Climate tech startup Equilibrium has raised $3 Mn (INR 26.5 Cr) in its seed funding round from Kalaari Capital, Peak XV Partners and Avaana Capital. The capital will be used to exp... Read More


Exclusive: D2C Brand INCLUD Nets INR 25.4 Cr From 3one4 Capital, Incubate Fund

India, Sept. 19 -- D2C kidswear brand INCLUD has raised INR 25.4 Cr ($2.9 Mn) in its pre-Series A round led by 3one4 Capital. The round also saw participation from existing investor Japanese VC firm I... Read More


DevX Shares Make Muted Debut On Bourses

India, Sept. 17 -- Coworking space provider DevX's (Dev Accelerator) made a muted debut on the stock exchanges today. The stock listed at INR 61.30 on the BSE, marginally above its issue price of INR ... Read More


Urban Company Makes Bumper Debut, Shares List At 56% Premium

India, Sept. 17 -- Shares of home services unicorn Urban Company made a bumper debut on the bourses today (September 17), listing 56.3% above their issue price at INR 161 apiece on the BSE. On the NS... Read More


Singularity AMC Closes Fund II At INR 2,000 Cr

India, Sept. 17 -- PE firm Singularity AMC has closed its second fund, Singularity Growth Opportunities Fund II, at INR 2,000 Cr ($235 Mn) to back growth stage and pre-IPO startups. The investment fi... Read More


Info Edge Engages Law Firm To Probe Whistle-Blower Complaint About 99acres

India, Sept. 15 -- Naukri parent Info Edge has received a whistle-blower complaint alleging violation of company policies by certain employees of its real estate business vertical 99acres. In an exch... Read More


BacAlt Raises INR 18 Cr To Make Biopolymers From Agricultural Waste

India, Sept. 11 -- Bengaluru-based BacAlt Biosciences has raised INR 18 Cr (around $2 Mn) in its pre-seed funding round led by Avaana Capital, with participation from specialty chemical company Lubriz... Read More