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How Broken Is The Road For EVs In Rural India?

India, Feb. 19 -- The adoption of electric vehicles (EVs) in India has largely been an urban phenomenon, with metropolitan areas experiencing a surge in adoption due to better infrastructure and heigh... Read More


IRDAI Allows Fund Blocking Via UPI For Insurance Premium Payments

India, Feb. 19 -- The Insurance Regulatory and Development Authority of India (IRDAI) has permitted insurers to block funds in a customer's bank account via UPI for premium payments for life and healt... Read More


Labour Ministry Partners With Apna For Job Listings On NCS

India, Feb. 18 -- In a bid to boost job prospects for young job seekers, the Union labour ministry has signed a memorandum of understanding (MoU) with early talent hiring platform Apna. The partnersh... Read More


Nazara Gets Shareholders Nod To Raise INR 495 Cr Via Preferential Issue

India, Feb. 18 -- Nazara Technologies' shareholders have approved issuing equity shares for cash on a preferential basis to raise INR 495 Cr from Axana Estates, which is backed by Plutus Wealth Manage... Read More


IT Asset Management Startup Swish Club Bags $4.5 Mn Funding

India, Feb. 18 -- Bengaluru-based IT asset management startup Swish Club has raised $4.5 Mn funding in a mix of equity and debt in its pre-Series A round. The funding round was led by Powerhouse Vent... Read More


DoT Partners With ITU To Foster Digital Twin, AI-Driven Innovations

India, Feb. 18 -- The Department of Telecommunications (DoT) has signed a Letter of Intent (LoI) with the International Telecommunication Union (ITU) to foster collaboration on cutting-edge technologi... Read More


Rare Rabbit Nets INR 50 Cr From A91 Partners

India, Feb. 17 -- D2C fashion brand Rare Rabbit has raised INR 50 Cr (around $5.7 Mn) from existing backer A91 Partners. This is the second tranche of its larger INR 500 Cr (around $57.5 Mn) funding r... Read More


The ePlane Company Inks $1 Bn Deal To Supply Air Ambulances

India, Feb. 17 -- In what is being claimed as one of the largest private orders in the electric vertical take-off and landing (eVTOL) sector, the ePlane Company has signed a memorandum of understandin... Read More


ePlane, ICATT Ink $1 Bn Deal For 788 eVTOL Air Ambulances

India, Feb. 17 -- In what is being claimed as one of the largest private orders in the electric vertical take-off and landing (eVTOL) sector, the ePlane Company has signed a memorandum of understandin... Read More


SEBI Relaxes Dematerialisation Mandates For AIFs

India, Feb. 15 -- Markets watchdog Securities and Exchange Board of India (SEBI) has now relaxed its mandates for alternative investment funds (AIFs) to hold their investments in dematerialised form. ... Read More