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Angel One Partners Singapore's Livwell To Float Digital-First Insurance Co

India, July 24 -- Online broking giant Angel One plans to form a joint venture (JV) with Singapore-based Livwell to float a "digital-first" life insurance company. Angel One will own a 26% stake in t... Read More


Kissht Parent's FY25 Profit Declines 18% To INR 161 Cr

India, July 23 -- OnEMi Technologies Pvt Ltd, the parent entity of IPO-bound fintech startup Kissht, saw its net profits decline 18.3% to INR 161 Cr in the fiscal year 2024-25 (FY25), as per a report ... Read More


Paytm Is Profitable, IndiQube Suits Up For IPO & More

India, July 23 -- Paytm Posts Profits, Finally A year ago, Paytm was facing an existential crisis due to RBI's crackdown. Result? The fintech giant bled revenues, and saw its merchants flee and losse... Read More


Former OYO Executive's AI Cloud Platform Kluisz.ai Bags $9.6 Mn

India, July 23 -- Former OYO senior executive Abhinav Sinha's new GenAI-powered cloud infrastructure platform, Kluisz.ai, has emerged out of stealth mode and raised $9.6 Mn (INR 82.9 Cr) in its seed f... Read More


BYJU'S Cofounders' Defamation Suit Desperate & Meritless: Glas Trust

India, July 19 -- A day after cofounders of BYJU'S threatened to file a defamation lawsuit against certain "parties", Glas Trust, a consortium of the troubled edtech startup's lenders, has reportedly ... Read More


CoinDCX Crypto Heist: Hackers Steal Assets Worth $44 Mn

India, July 19 -- CoinDCX was hit by a major cyberattack earlier today, which saw hackers stealing assets worth $44 Mn (nearly INR 380 Cr) from the crypto exchange's internal operational account. "Th... Read More


Rebel Foods Reshuffle: Cofounder Ankush Grover Appointed Global CEO

India, July 19 -- In a major top-level reshuffle, IPO-bound cloud kitchen unicorn Rebel Foods has elevated cofounder and India CEO Ankush Grover to the post of global CEO. "We are pleased to announce... Read More


Reliance Rolls Out 4-Hour Fashion Delivery Service 'AJIO Rush' In 6 Cities

India, July 18 -- As quick deliveries become the norm, Reliance Retail Ventures Limited (RRVL) is pushing the pedal on fashion quick commerce. The retail giant launched a four-hour apparel delivery se... Read More


Flipkart-Backed super.money Plans Stock Broking Foray

India, July 18 -- As fintechs make a beeline for the stock broking space, Flipkart-backed super.money has become the latest startup to explore entry into the segment. In a post on X, super.money cofo... Read More


Unveiling The D2C & Retail Summit 2025 Agenda: What's Driving The Future Of New Commerce In India

India, July 18 -- How do you picture retail? Ride back a few decades, you would think of the humble mom-and-pop store in the neighbourhood, or the local market, at the most. Reset the time machine to... Read More