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EV Startup Raptee Bags Funding From Technology Development Board

India, Sept. 18 -- Electric motorcycle manufacturer Raptee.HV has received funding from the science and technology ministry's Technology Development Board (TDB). Without disclosing the funding amount... Read More


Enterprise Tech Startup EvoluteIQ To Expand Presence In India With Focus On GCCs

India, Sept. 17 -- Global software companies are rushing towards India to tap India's rich talent in technology and cost effective R&D environment. This has led to many large corporations like Microso... Read More


MobiKwik Loses INR 40 Cr In Fraud, Says INR 14 Cr Recovered

India, Sept. 17 -- Listed fintech company MobiKwik was defrauded of INR 40 Cr by some registered merchants and users between September 11 and 12. In an exchange filing, the company said that some mer... Read More


Fintech Startup Pelocal Bags $5 Mn From UNLEASH Capital, Unicorn India

India, Sept. 17 -- Fintech startup Pelocal has raised $5 Mn (about INR 43.9 Cr) in its Series A funding round co-led by UNLEASH Capital Partners and Unicorn India Ventures. It also saw participation f... Read More


Lendingkart Finance Q1: Net Loss Swells 3.4X To INR 85 Cr, Revenue Falls 60% YoY

India, Sept. 16 -- After slipping into the red in FY25, Lendingkart Technologies' NBFC arm Lendinkart Finance Ltd continued to bleed in the first quarter of the ongoing fiscal year. The NBFC's net lo... Read More


PharmEasy To Raise INR 1,700 Cr Debt

India, Sept. 16 -- API Holdings, the parent company of PharmEasy, is planning to raise INR 1,700 Cr (about $193 Mn) via redeemable non-convertible debentures (NCDs) by pledging the shares of its liste... Read More


InCred Seeks Shareholders' Nod For Fresh Issue Of INR 1,500 Cr In IPO

India, Sept. 15 -- InCred Holdings, the parent of fintech unicorn InCred Financial Services, has sought the approval of its shareholders during its extraordinary general meeting, scheduled on October ... Read More


Pine Labs Gets SEBI Nod For Its Public Listing

India, Sept. 15 -- Fintech major Pine Labs has received the approval from the Securities and Exchange Board of India (SEBI) for its public listing. The markets regulator issued observations to the fi... Read More


Centre Plans To Exempt Data Centres From Taxes For 20 Years

India, Sept. 15 -- In a bid to give fillip to the data centre industry, the Centre has proposed that data centre developers be exempted from taxes for a period of up to 20 years. According to the dra... Read More


Ripplr Raises INR 200 Cr From Sojitz Corporation, Others

India, Sept. 13 -- Distribution and logistics startup Ripplr has raised INR 200.3 Cr (about $22.6 Mn) from its existing investors. The round was led by Sojitz Corporation, and saw participation from 3... Read More