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ED Freezes INR 523 Cr Assets Linked To WinZO, Gameskraft & Pocket52

India, Nov. 24 -- The Enforcement Directorate (ED) has intensified its action on real-money gaming platforms. The agency has frozen assets to the tune of INR 523 Cr linked to WinZO, Pocket52 parent N... Read More


Fractal, Amagi Get SEBI Nod For Their IPOs

India, Nov. 24 -- SaaS unicorns Fractal Analytics and Amagi Media Labs have received SEBI's approval to proceed with their public issues. As per SEBI's latest weekly DRHP processing update, both comp... Read More


Meesho Eyes December Listing, Targets $6 Bn IPO Valuation

India, Nov. 21 -- IPO-bound ecommerce major Meesho is targeting a post-money valuation of little over $6 Bn (about INR 53,700 Cr) for its initial public offering (IPO). As per sources, the company has... Read More


Telangana Gig Workers' Bill: A Breakthrough Or Another Stalled Effort?

India, Nov. 21 -- Amid the growing clamour and heated debates around improving working conditions for gig workers, Telangana has released the draft Gig and Platform Workers (Registration, Social Secur... Read More


UPI Set To Enter Europe As RBI, NIPL Move to Link With ECB's TIPS

India, Nov. 21 -- Adding on to its bid to make UPI a global phenomenon, the Reserve Bank of India (RBI) has announced that India's digital payment option is soon to enter Europe. The RBI and NPCI Int... Read More


Walmart Takes $700 Mn Hit From IPO-Bound PhonePe's ESOP Compensation

India, Nov. 20 -- Walmart's international business saw a sharp drop in profit in the September (Q3 FY26) quarter after it booked a $700 Mn non-cash, share-based compensation charge tied to PhonePe's u... Read More


Ultrahuman Secures INR 100 Cr Debt Amid US Ban

India, Nov. 20 -- Smart ring manufacturer Ultrahuman has raised INR 100 Cr ($11.2 Mn) in venture debt from Alteria Capital as it looks to scale its products and expand into more markets. The Bengalur... Read More


Zomato to Share Customer Contact With Restaurants Only After Consent: CEO Mangla

India, Nov. 20 -- After a news report about Zomato's user data sharing plans triggered an online debate, its CEO Aditya Mangla clarified that the plans pertain to a new in-app feature that will allow ... Read More


TCS Ropes In TPG As Investor To Build INR 18K Cr AI Data Centres

India, Nov. 20 -- As part of its AI infrastructure push, Tata Consultancy Services (TCS) has brought in global investment firm TPG as a major investor in HyperVault - the IT giant's newly formed AI da... Read More


Agraga Nets INR 100 Cr To Digitise Cross-Border Logistics For MSMEs

India, Nov. 20 -- Digital freight forwarding startup Agraga has raised INR 100 Cr (about $11.3 Mn) in its pre-Series B funding round led by Bajaj Finserv Group. The round also saw participation from e... Read More