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Defence Electronics Firm CoreEL Technologies Raises $30 Mn

India, Dec. 23 -- Bengaluru-based aerospace and defence technology company CoreEL Technologies has raised $30 Mn (about INR 268 Cr) in its Series B funding round. The round was led by ValueQuest Scal... Read More


[Update] OYO Parent PRISM Gets Shareholders' Nod For INR 6,650 Cr IPO

India, Dec. 23 -- [Update] December 23, 15:15 IST PRISM, the parent of hospitality unicorn OYO, has received the approval from its shareholders to raise up to INR 6,650 Cr via a fresh issue of equity... Read More


Exclusive: Yellow.ai Lays Off Over 100 Employees Amid Automation Push

India, Dec. 23 -- Conversational AI startup Yellow.ai has laid off more than 100 employees over the past few weeks amid rising automation, sources told Inc42. The layoffs affected about 30% of the sta... Read More


Paytm Sets Up Two New Overseas Units, Raises Funds For UAE Unit

India, Dec. 22 -- Adding to its overseas push, listed fintech major Paytm has announced that it is setting up new subsidiaries in Indonesia and Luxembourg as well as bringing onboard a new investor to... Read More


Mswipe Gets Payment Aggregator Licence For Online & Offline Payments

India, Dec. 22 -- Mumbai-based fintech startup Mswipe Technologies has received the final payment aggregator (PA) licence from the Reserve Bank of India (RBI) for both online and physical payment mode... Read More


PowerUp Money Bags $12 Mn To Expand Mutual Fund Advisory

India, Dec. 22 -- Wealthtech startup PowerUp Money has raised $12 Mn (about INR 107 Cr) in its Series A funding round led by Peak XV Partners. The round also saw participation from existing investors ... Read More


The Year Of Moonshots, AI And IPOs: Meet The Newsmakers Of 2025

India, Dec. 20 -- Inc42's annual Newsmakers list is back, putting the spotlight on the founders and operators who grabbed the headlines in 2025. Usually, we focus on stakeholders across the ecosystem ... Read More


SAT Stays SEBI Penalty Recovery Against DroneAcharya, Seeks 50% Deposit

India, Dec. 20 -- The Securities Appellate Tribunal (SAT) has temporarily stayed the recovery of penalties imposed by SEBI on DroneAcharya and its promoters. In a stock exchange filing today, the BSE... Read More


Travel Tech In 2025: Regulations, Disruptions And Reality Checks

India, Dec. 20 -- For the Indian travel tech industry, the year 2025 saw a pivotal shift, driven not by demand cycles or festive peaks, but by regulatory changes, airline disruptions, and safety shock... Read More


Health Education Startup Virohan Raises INR 65 Cr In Ongoing Series B

India, Dec. 19 -- Healthcare education startup Virohan has raised INR 65 Cr ($7.3 Mn) as part of its ongoing Series B funding round. The round was led by Japan's Mynavi Corporation, with participation... Read More