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IPO-Bound PayU Gets Final Nod To Operate As Payment Aggregator

India, May 13 -- Prosus-owned payment solutions major PayU India has received the final authorisation from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA). "We are pleased to ... Read More


The $3 Bn Bull Run, PhonePe Outage & More

India, May 13 -- What Explains Monday's Bull Run? News of a ceasefire between India and Pakistan and a measure of dilution in the US-China tariff standoff likely contributed to an early week rally fo... Read More


PhonePe Hit By Tech Outage, Blames Network Capacity Shortfall

India, May 12 -- Fintech major PhonePe today suffered a major tech outage, leaving many users unable to make digital payments. As per tracking platform DownDetector, the Unified Payments Interface (U... Read More


Anatomy Of Startup Governance Issues, Funding Skyrockets & More

India, May 12 -- The Rot Inside India's Startup Dream Even before the wounds from BYJU'S could heal, India's booming startup ecosystem saw a series of startups like BluSmart and GoMechanic bite the d... Read More


Indian GenAI Startup Tracker: 140+ Startups Putting India On The Global AI Map

India, May 10 -- Before November 2022, OpenAI was a little-known artificial intelligence (AI) startup in the US. However, that very month, the company unveiled a chatbot, ChatGPT, which in just two mo... Read More


Walt Disney Reports $103 Mn In Equity Loss From India JV JioStar

India, May 8 -- The Walt Disney Company witnessed an equity loss of $103 Mn from its Indian joint venture (JV) JioStar with Reliance Industries and Bodhi Tree Systems during the quarter ended March 20... Read More


CCI Notifies New Rules To Assess Predatory Pricing By Ecommerce & Q-Commerce Platforms

India, May 8 -- The Competition Commission of India has notified new rules for determining the "cost" of goods and services to effectively evaluate alleged predatory pricing practices in ecommerce and... Read More


Nazara Goes Shopping Again, Zomato Rethinks Refunds & More

India, May 8 -- Nazara Goes Shopping Again Nazara's acquisition spree continues unabated. The online gaming giant's US subsidiary, Absolute Sports, will now acquire Titan Insider Digital's two proper... Read More


Starlink Inches Closer To India Entry, Gets Initial Nod To Offer Satcom Services

India, May 8 -- Inching closer to its India entry, Elon Musk-led satellite communications (satcom) operator Starlink has reportedly received a letter of intent (LoI) from the telecommunications depart... Read More


Meta Blocks Thousands Of Scam Facebook Accounts Targeting Indians

India, May 7 -- Social media giant Meta said it blocked access to thousands of Facebook pages and accounts that scammed Indian users in March. In total, Meta removed more than 23,000 Facebook pages a... Read More