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Jumbotail Becomes Unicorn With $120 Mn Funding Round

India, June 30 -- B2B ecommerce platform Jumbotail has raised $120 Mn (around INR 1,028 Cr) in its Series D round led by SC Ventures, the investment arm of Standard Chartered. The funding round also ... Read More


SatSure Partners Dhruva Space To Offer Earth Observation Solutions

India, June 30 -- Bengaluru-based spacetech startup SatSure has signed a memorandum of understanding (MoU) with spacetech solution startup Dhruva Space to offer end-to-end earth observation-as-a-servi... Read More


Zomato's Deepinder Goyal Eyes Regional Aviation Venture With LAT Aerospace

India, June 30 -- Zomato cofounder Deepinder Goyal is looking to tap the regional air travel sector with new venture LAT Aerospace. In a recent LinkedIn post, the foodtech major's former chief operat... Read More


DroneAcharya Fined For Delay In Submission Of Financials

India, June 28 -- Listed dronetech startup DroneAcharya has been slapped with a fine of INR 1.3 Lakh by the BSE for delay in the submission of its financial results for the second half of the fiscal y... Read More


Meesho Gets Board Nod To Raise INR 4,250 Cr Via IPO

India, June 28 -- Ecommerce giant Meesho's board has approved raising up to INR 4,250 Cr (around $500 Mn) via a fresh issue in its initial public offering (IPO). As per the company's regulator filing... Read More


Wakefit Files Draft Papers For INR 468 Cr IPO

India, June 27 -- D2C furniture and mattress startup Wakefit has filed its draft red herring prospectus (DRHP) with the markets regulator SEBI to raise INR 468 Cr (around $54.6 Mn) via fresh issue of ... Read More


DoT Proposes New Cybersecurity Rules To Curb Mobile Number Fraud

India, June 27 -- The Department of Telecommunications (DoT) has proposed amendments to the cybersecurity framework to reduce fraud pertaining to the misuse of mobile numbers. According to a draft no... Read More


Nykaa Targets Fashion Business EBITDA Break-Even In FY26

India, June 27 -- Listed beauty major Nykaa is targeting EBITDA (Earnings before interest, tax, depreciation and amortization) break-even for its fashion vertical in the ongoing financial year (FY26).... Read More


Scapic Founders' ShopOS Bags $20 Mn To Build AI-Based Ecommerce Solutions

India, June 26 -- AI-based ecommerce operating system platform ShopOS, launched by Scapic cofounders, has raised $20 Mn (around INR 171.4 Cr) in a seed funding round from Binny Bansal's investment veh... Read More


Karnataka ARR Likely To Reverse GST Ruling On Namma Yatri: Report

India, June 26 -- The Karnataka's Authority for Advance Ruling (ARR) is reportedly considering reversing its earlier ruling on ride hailing platform Namma Yatri that said the company is not liable to ... Read More