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Jar's $50 Mn Funding Deal Falls Through Over Valuation Differences

India, April 2 -- Fintech startup Jar's $50 Mn (nearly INR 425 Cr) funding deal with a clutch of investors, led by Prosus, has reportedly collapsed over valuation differences. Citing sources, Moneyco... Read More


RBI Greenlights BlackSoil, Caspian Debt Merger

India, April 2 -- Months after getting their respective board's approval, alternative credit provider BlackSoil Capital and impact investment lender Caspian Debt have now received approval from the Re... Read More


SEBI Greenlights IndiQube's INR 850 Cr IPO

India, April 1 -- All decks have been cleared for IndiQube's public listing as the Securities and Exchange Board of India (SEBI) has greenlit the coworking space startup's plan for its initial public ... Read More


NCLAT Cuts CCI's Penalty On Google In Play Store Case To INR 216 Cr

India, March 28 -- The National Company Law Appellate Tribunal (NCLAT) has reportedly partly upheld the CCI's order against Google for abusing its unfair dominant position in the appstore market. How... Read More


Govt To Contest X's Lawsuit On IT Act

India, March 28 -- The ongoing legal battle between Elon Musk-led X Corp and the Centre inder the IT Act Sec 69A and Sec 79) has taken a new turn as the Centre now looks to file objections to a lawsui... Read More


Starlink's Limited Capacity To Drive Premium Pricing In India, Says Jefferies

India, March 28 -- The limited capacity of Elon Musk-led Starlink may lead it to implement premium pricing for its services in India, suggested brokerage firm Jefferies in a report. However, the repo... Read More


B2B Marketplace Jumbotail To Acquire Solv India

India, March 26 -- B2B ecommerce platform Jumbotail is acquiring rival marketplace Solv India for an undisclosed amount. In a statement, Solv India said that its investor Standard Chartered Bank's ve... Read More


BofA Downgrades Swiggy, Zomato Citing Rising Losses In Q-Com & Slow Growth In Food Biz

India, March 26 -- Global brokerage firm BofA Securities has downgraded ratings for Zomato and Swiggy, citing concerns over their future growth prospects and the increasing competitive pressure in the... Read More


Zypp Electric Trims 10% Workforce Over 'Performance' Issues

India, March 26 -- IPO-bound electric mobility startup Zypp Electric has laid off nearly 10% of its workforce in the past three months due to "performance" issues. Zypp cofounder and CEO Akash Gupta ... Read More


Why Fintechs Are At War With Juspay

India, March 26 -- After PhonePe, Razorpay and Cashfree, Paytm has reportedly become the latest fintech platform to discontinue all integrations with payment orchestration platform Juspay. With this, ... Read More