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Inside BYJU'S Rabbit Hole, Startup Funding Spirals & More

India, March 3 -- Byju Raveendran Cries Foul Over EY's Actions There seems to be no end to the twists and turns in the BYJU'S saga. Now, the troubled edtech's founder and CEO Byju Raveendran has rais... Read More


FirstCry's Chief Of Staff Sanket Hattimattur Quits

India, March 1 -- In the second top-level departure at kids-focussed omnichannel retailer FirstCry, its chief of staff Sanket Raghavendra Hattimattur has stepped down from his role citing "personal re... Read More


Paytm Gets Notice From ED For Alleged FEMA Violations

India, March 1 -- The Enforcement Directorate (ED) has issued a show cause notice to fintech major Paytm in connection with alleged violations of foreign exchange norms. In an exchange filing, Paytm ... Read More


Jio Platforms Building Cloud-Based PC To Help Users Deploy AI Apps

India, March 1 -- Reliance Industries' digital arm Jio Platforms is building a cloud-based "personal computer" (PC), which will allow users to deploy compute-intensive artificial intelligence (AI) app... Read More


BYJU'S Insolvency Saga: Shailendra Ajmera Appointed New IRP

India, March 1 -- The Bengaluru bench of the National Company Law Tribunal (NCLT) has appointed Shailendra Ajmera as the new insolvency resolution professional (IRP) of troubled edtech startup BYJU'S.... Read More


BYJU'S Vs TLB Lenders: US Bankruptcy Court Rules In Favour Of Creditors

India, March 1 -- A US bankruptcy court has ruled in favour of the lenders of BYJU'S in connection with a case involving alleged fraudulent transfer of $533 Mn out of the $1.2 Bn term loan B (TLB) ext... Read More


Titan Capital-Backed Zenduty Acquired By US-Based Xurrent

India, Feb. 28 -- US-based enterprise tech company Xurrent has acquired Titan Capital-backed SaaS startup Zenduty for an undisclosed amount. In a statement, Xurrent's chief product officer (CPO) Phil... Read More


TechEagle Partners Apollo Hospitals To Offer 10-Minute Diagnostic Drone Delivery

India, Feb. 28 -- Healthcare major Apollo Hospitals has reportedly partnered with drone tech startup TechEagle to launch a 10-minute diagnostic drone delivery service. As per BW Healthcare World, the... Read More


[Update] Paisabazaar Cofounder Naveen Kukreja Steps Down From CEO's Role

India, Feb. 28 -- Update | February 28, 9:19 AM In the latest top-level reshuffle at PB Fintech, Naveen Kukreja, the cofounder of its wholly owned subsidiary Paisabazaar Marketing and Consulting, has... Read More


Perplexity's India Playbook, Govt's Startup Challenge & More

India, Feb. 28 -- Perplexity Piggybacks On Paytm To Gain Ground In India Perplexity is looking to make inroads in India, one of the largest digital markets globally. As part of this, the US-based AI ... Read More