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The Other Side Of Rapido's Growth Story

India, Sept. 28 -- Dear reader, Rapido's attention is somewhat divided. The unicorn's foray into food delivery has been coming for months. But even as Rapido looked to build this new business, its ri... Read More


DroneAcharya Posts INR 15 Cr Loss In H2 FY25 Amid Topline Collapse & Regulatory Scrutiny

India, Sept. 27 -- After months of delays, listed drone tech company DroneAcharya has finally disclosed its financial performance for the second half of the fiscal year FY25 (H2 FY25). The company swu... Read More


ONDC To Likely Rope In Paytm's Rohit Lohia As CBO

India, Sept. 27 -- Rohit Lohia, senior vice-president at Paytm, will reportedly join the state-backed Open Network for Digital Commerce (ONDC) as its new chief business officer (CBO), as per a Moneyco... Read More


Cashfree's FY25 Loss Widens 14% To INR 154 Cr As Revenue Slips

India, Sept. 26 -- Fintech soonicorn Cashfree Payments' net loss for the fiscal year FY25 widened 14% to INR 154.1 Cr from INR 135 Cr in FY24 at the behest of flattening of its top line and slight inc... Read More


RBI Asks Simpl To Stop Payment Ops After ED Whip

India, Sept. 25 -- The Reserve Bank of India (RBI) has reportedly asked Bengaluru-based fintech startup Simpl to immediately stop all payment operations. The company confirmed the development to Inc42... Read More


RBI Asks Simpl To Stop Payment Ops For Lack Of Licence

India, Sept. 25 -- The Reserve Bank of India (RBI) has reportedly asked Bengaluru-based fintech startup Simpl to immediately stop all payment operations. The company confirmed the development to Inc42... Read More


Zappfresh Raises INR 168 Cr From Anchor Investors Ahead Of IPO

India, Sept. 25 -- In the run-up to its BSE SME IPO, D2C meat delivery company Zappfresh has raised INR 168.4 Cr from anchor investors. The company allocated 16.7 Lakh equity shares to anchor investor... Read More


Zappfresh Raises INR 16.8 Cr From Anchor Investors Ahead Of IPO

India, Sept. 25 -- In the run-up to its BSE SME IPO, D2C meat delivery company Zappfresh has raised INR 16.8 Cr from anchor investors. The company allocated 16.7 Lakh equity shares to anchor investors... Read More


Nothing Partners Optiemus To Double Down On India Manufacturing

India, Sept. 25 -- London-based smartphone major Nothing has announced entering into a joint venture with Noida-based Optiemus Infracom to establish India as the global production and export hub for N... Read More


Karnataka HC Rejects X Challenge To Centre's Content Blocking Orders

India, Sept. 24 -- Adding another layer to the face-off between Elon Musk's X and the central government, Karnataka's high court (HC) has now reportedly dismissed the former's plea seeking relief on t... Read More