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GST Authorities Slap INR 2.59 Cr Penalty On Zaggle

India, Feb. 26 -- Fintech SaaS company Zaggle has been slapped with a penalty of INR 2.6 Cr by the Additional Commissioner, Rangareddy, Telangana under the IGST Act. In an exchange filing, the compan... Read More


boAt Gets Board's Nod For IPO, To Raise INR 500 Cr Via Fresh Issue

India, Feb. 26 -- Consumer electronics major boAt has got its board green light to proceed with its initial public offering (IPO). The company's board has cleared changes in its articles of associati... Read More


boAt Gets Board's Nod For IPO, To Raise Upto INR 500 Cr Via Fresh Issue

India, Feb. 26 -- Consumer electronics major boAt has got its board green light to proceed with its initial public offering (IPO). The company's board has cleared changes in its articles of associati... Read More


BlackBuck Gets INR 14.2 Cr Tax Demands

India, Feb. 26 -- Zinka Logistics Solutions, the parent of logistics major BlackBuck, has received two tax notices totalling INR 14.2 Cr. This includes a demand of INR 10.02 Cr from the Assistant Com... Read More


Go Digit Invests INR 30 Cr In Dr Reddy's

India, Feb. 26 -- Insurtech major Go Digit has invested INR 30 Cr in pharmaceutical major Dr. Reddy's Laboratories, acquiring a 0.32% stake in the company. "The investment in shares is being made in ... Read More


InCred Finance To Acquire TruCap's Gold Loan Business For INR 330 Cr

India, Feb. 25 -- In a strategic move to diversify its secured lending offerings, InCred Finance is acquiring TruCap Finance's gold loan division. The acquisition, to be executed via a slump sale, wil... Read More


Pristyn Care's Loss Flat At INR 381 Cr In FY24

India, Feb. 25 -- Healthtech startup Pristyn Care reported a net loss of INR 381 Cr in the financial year 2023-24 (FY24), down a negligible 0.42% from INR 382.6 Cr in the previous fiscal year. The st... Read More


Zomato Injects INR 1,500 Cr In Blinkit

India, Feb. 24 -- Amid the intensifying competition in the quick commerce sector, foodtech major Zomato has infused INR 1,500 Cr in its quick commerce arm Blinkit. According to Blinkit's regulatory f... Read More


Haptik's Aakrit Vaish Steps Down, Ahshad Jussawalla Takes Over As CEO

India, Feb. 24 -- Aakrit Vaish, cofounder of conversational AI platform Haptik, has stepped down as the CEO, handing over leadership to Ahshad Jussawalla. Vaish shared the update in a post on X. "Las... Read More


Oxyzo Raises INR 100 Cr In Debt From AK Capital

India, Feb. 24 -- Fintech unicorn Oxyzo has secured INR 100 Cr (around $11.5 Mn) in debt from AK Capital. In a regulatory filing, the company said that its board allotted 1,00,000 non-convertible deb... Read More