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Centre Likely To Release Crypto Regulation Paper In June: Report

India, May 30 -- The Indian government will likely release a detailed discussion paper on the policy framework options for crypto assets in June. An ET report, citing people close to the matter, said... Read More


KiranaPro Buys Likeo To Power Virtual Trial Room Experience For Its Gen Z Fashion App Users

India, May 30 -- Quick commerce platform KiranaPro has bought Likeo, an AI-powered platform which specialises in virtual try-on technology driven with its augmented reality tech stack, in an all-stock... Read More


With IPO On The Cards, Razorpay Moves Domicile To India

India, May 29 -- Nearing its initial public offering (IPO) preparation, fintech major Razorpay has completed the reverse flip, merging its Delaware-registered parent entity with Indian subsidiary, Raz... Read More


D2C Apparel Brand Snitch To Raise INR 280 Cr From 360 Asset Management Fund, Others

India, May 29 -- D2C fashion brand Snitch is raising INR 278.93 Cr (around $33 Mn) in a fresh funding round to be led by 360 Asset Management Fund, with participation from existing investors IvyCap Ve... Read More


NCLT Dismisses Insolvency Plea Against Dunzo

India, May 28 -- In a big relief to the hyperlocal delivery startup Dunzo, the Bengaluru bench of National Company Law Tribunal (NCLT) has reportedly dismissed an insolvency plea against the startup f... Read More


Unacademy Cofounders Gaurav Munjal & Roman Saini To Exit: Report

India, May 28 -- Unacademy cofounder Gaurav Munjal is reportedly stepping down from the chief executive's role, with board member Sumit Jain to take over. Fellow cofounder Roman Saini is also exiting ... Read More


Myntra Gets INR 1,062 Cr From Singapore Parent

India, May 27 -- Fashion ecommerce giant Myntra has received a fresh infusion of INR 1,062.50 Cr (around $124 Mn) from its Singapore-based parent entity, FK Myntra Holdings Private Limited. As per it... Read More


PE Firm Multiples Marks Final Close Of $430 Mn Continuation Fund

India, May 27 -- Multiples Alternate Asset Management (Multiples) has marked close of its $430 Mn (INR 3,670.62 Cr) continuation fund in one of India's largest-ever portfolio transactions in private e... Read More


D2C Luggage Brand EUME Nets INR 25 Cr To Double Down On Product Portfolio

India, May 27 -- Mumbai-based luggage D2C brand EUME has raised INR 25 Cr ($2.92 Mn) in a Series A funding round led by ace investor Ashish Kacholia, with participation from other existing investors. ... Read More


Aadit Palicha Alleges 'Smear Campaign' By Rival's Top Executive

India, May 26 -- Zepto cofounder and chief executive Aadit Palicha has accused the chief financial officer (CFO) of a rival quick commerce company of running a "smear campaign" against the unicorn ove... Read More