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Govt Proposes Sound Alert System For Certain EVs From October 2027

India, Sept. 30 -- The transport ministry (MoRTH) has proposed making the acoustic vehicle alerting system (AVAS) mandatory for all electric cars, buses and trucks starting October 2027. For context,... Read More


PhysicsWallah's Teacher Problem, DeHaat's Mixed FY25 & More

India, Sept. 29 -- Faculty Discontent At PhysicsWallah As Alakh Pandey-led PhysicsWallah (PW) gears up to be the first Indian edtech to go public, a storm is brewing within its ranks. The company is ... Read More


Flipkart Gets Singapore Court's Nod To Reverse Flip To India

India, Sept. 26 -- IPO-bound ecommerce major Flipkart has reportedly received in-principle approval from a Singapore court to reverse flip back to India. Sources told TechCrunch that the company is i... Read More


Simpl In RBI's Crosshairs, Amazon's New Gamble & More

India, Sept. 26 -- Simpl In RBI's Crosshairs Simpl is grappling with an existential crisis. The Reserve Bank of India (RBI) has directed the buy-now-pay-later (BNPL) platform to cease all payment-rel... Read More


Vedantu Nets $11 Mn In Ongoing Round To Go All Out On AI

India, Sept. 26 -- Edtech unicorn Vedantu has raised $11 Mn (INR nearly INR 100 Cr) as part of an ongoing funding round from existing backers. The company did not disclose the name of the investors pa... Read More


BharatPe FY25: Loss Narrows 82% To INR 88 Cr, Revenue At INR 1,667 Cr

India, Sept. 26 -- Fintech unicorn BharatPe slashed its net losses by 82% to INR 88.2 Cr in the fiscal year 2024-25 (FY25) compared to INR 492 Cr in the year ago fiscal. The improved numbers came on ... Read More


KisanKonnect Nets INR 72 Cr To Sell Fresh Fruits & Vegetables

India, Sept. 26 -- Omnichannel farm-to-fork startup KisanKonnect has raised INR 72 Cr ($8 Mn) in its Pre-Series A funding round led by Bajaj Finserv Group. The round also saw participation from exist... Read More


PhonePe's IPO Puzzle, Rapido's Next Move & More

India, Sept. 25 -- PhonePe's UPI Edge Isn't Enough PhonePe has filed its DRHP with the SEBI via the confidential route for an up to $1.5 Bn public listing. As the fintech juggernaut heads to the D-St... Read More


Porter Delivers Profits, Seekho's Close Call & More

India, Sept. 24 -- Porter's FY25 Turnaround Porter finally turned profitable in FY25. The logistics unicorn achieved the milestone on the back of soaring revenues and improved margins, signalling a n... Read More


Paytm Money Partners Jio BlackRock To Float AI-Led Active Equity Fund

India, Sept. 24 -- Fintech giant Paytm's wealth tech arm Paytm Money has joined hands with Reliance-backed Jio BlackRock to launch a new AI-powered systematic active equity (SAE) fund for retail inves... Read More