Trading Platform Dhan's Parent Eyes Unicorn Tag With $100 Mn Funding

India, July 29 -- Raise Financial Services, which operates stock trading and investment platform Dhan, is in early stage of discussions to raise around $100 Mn in a new funding round, which will prope... Read More

FirstCry Likely To File Papers For $3-3.5 Bn IPO This Week

India, July 29 -- Pune-based FirstCry is expected to file its red herring prospectus (RHP) this week for an initial public offering (IPO) that values the omnichannel marketplace at $3-3.5 Bn. "FirstC... Read More

Now, FBI Reaches Out To WazirX On Alleged Crypto Heist By North Korean Cyber Criminals

India, July 29 -- US intelligence agency Federal Bureau of Investigation (FBI) has reportedly reached out to the homegrown cryptocurrency exchange WazirX to probe the nature of a cyberattack allegedly... Read More

IndusInd Bank's Cyber Heist: INR 40 Cr Sent To Multiple Mule Accounts

India, July 27 -- In a major cyber heist at IndusInd Bank, fraudsters managed to transfer INR 40 Cr from the bank's customers into various mule accounts of which INR 33 Cr were retrieved by the Mahara... Read More

WhatsApp And Its Parent Have Not Informed Of Any India Exit Plan: Ashwini Vaishnaw

India, July 27 -- WhatsApp and its parent company Meta have not informed the government of any plans to shut down their services in India, I&B Minister Ashwini Vaishnaw has told the Rajya Sabha. "The... Read More

ONDC Crosses 5.7 Lakh Sellers And Service Providers On Its Platform: MoS IT

India, July 27 -- The government has informed the Parliament that the Open Network for Digital Commerce (ONDC) now has more than 5.7 Lakh sellers and service providers on the platform. In a written r... Read More

Lightspeed-Backed Pocket FM Fires Around 200 Writers

India, July 27 -- A month after Pocket FM partnered with the US-based GenAI platform ElevenLabs to enable writers to convert their text stories into audio series, the audio streaming platform has laid... Read More

Lightspeed-Backed Pocket FM Lets Go Of Around 200 Writers

India, July 27 -- A month after Pocket FM partnered with the US-based GenAI platform ElevenLabs to enable writers to convert their text stories into audio series, the audio streaming platform has laid... Read More

[Update] WazirX's Crypto Heist: Probe Finds Attack Originated From Liminal's Infrastructure

India, July 27 -- Update | July 27, 1:02 PM A day after Inc42 reported that WazirX's preliminary investigation found that the cyber attack on the cryptocurrency exchange likely originated from Limina... Read More

[Update]WazirX's Crypto Heist: Probe Finds Attack Originated From Liminal's Infrastructure

India, July 27 -- Update | July 27, 1:02 PM A day after Inc42 reported that WazirX's preliminary investigation found that the cyber attack on the cryptocurrency exchange likely originated from Limina... Read More

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