Neobank Niyo Users Bear The Brunt, As Partner SBM Bank India Comes Under RBI Radar

India, Jan. 27 -- A day after the Reserve Bank of India (RBI) directed the State Bank of Mauritius (SBM) India to stop all transactions under the Liberalised Remittance Scheme (LRS), fintech startup N... Read More

Google Files Modification Plea In SC Before Reverting To NCLAT

India, Jan. 27 -- A few days after the Supreme Court ruled against Google in the Android antitrust case, the tech giant has now filed a modification application in the matter. The plea, which was fil... Read More

Won't Tolerate Any Financial Irregularity: Sequoia To Portfolio Companies

India, Jan. 26 -- Venture capital (VC) firm Sequoia India is reportedly writing off its investment in the beleaguered auto repair startup GoMechanic. Sources told Business Standard that the VC firm w... Read More

Ola Calls EV Accident Isolated, Blames Incident On High Impact

India, Jan. 26 -- Days after one of its ebikes was involved in an accident, electric vehicle (EV) manufacturer Ola Electric has called the incident 'isolated' that was caused due to high impact. "Our... Read More

After Chinese, Indians Most Eager To Jump On The Metaverse Bandwagon: Report

India, Jan. 26 -- Despite a turbulent year for the overall crypto industry in India last year, it looks like India continues to be optimistic about the nascent Web3.0 space. A new survey by crypto pu... Read More

Rise In Data, Devices Prices Barrier To Rapid Digitisation In India: MoS IT

India, Jan. 25 -- Hours after telecom major Airtel hiked tariffs across multiple circles, the Minister of State (MoS) for Electronics and Information Technology, Rajeev Chandrasekhar, has termed any h... Read More

CCI Ruling: Google To Make Changes To Android Policy, Allow User Choice Billing For Apps

India, Jan. 25 -- Google India on Wednesday (January 25) announced sweeping changes to its Android and Play Store policies to comply with the Competition Commission of India's (CCI's) rulings. The de... Read More

20 Unicorns Looking To Move Back To India If Regulations Eased: PhonePe CEO

India, Jan. 25 -- Flagging challenges for startups shifting back to India, PhonePe CEO Sameer Nigam on Wednesday (January 25) said that as many as 20 unicorns are willing to move to India if regulatio... Read More

JetSynthesys Acquires A Majority Stake In Ex-Twitter India Head's Startup Fanory

India, Jan. 25 -- Digital entertainment platform JetSynthesys has acquired a majority stake in Manish Maheshwari-led startup Fanory. The financials of the deal have not been disclosed so far. As part... Read More

Logistics Startup Porter Announces INR 50 Cr ESOP Liquidation Scheme

India, Jan. 25 -- Bengaluru-based logistics platform Porter has announced Employee Stock Ownership Plan (ESOP) liquidation scheme totalling worth INR 50 Cr for its current and former employees. The m... Read More