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FirstCry To Withdraw DRHP, Refile IPO Papers With Q3 FY24 Numbers

India, April 26 -- Kids-focussed omnichannel retailer FirstCry reportedly plans to withdraw its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI) and fil... Read More


MatchLog Bags Funding To Scale Up Its Cargo Container Platform

India, April 26 -- Cargo container reuse platform MatchLog Solutions has raised $1.5 Mn in its pre-Series A funding round co-led by Motion Ventures and July Ventures. The round also saw participation ... Read More


Norwest Closes 17th Fund At $3 Bn, India Continues To Be A Focus Market

India, April 25 -- Venture capital (VC) fund Norwest Venture Partners on Thursday (April 25) announced the close of its 17th fund at $3 Bn. Called NVP 17, the multi-stage fund will invest in startups... Read More


Groww Gets SEBI Nod To Launch Nifty Non-Cyclical Consumer Index Fund

India, April 25 -- Fintech unicorn Groww has received Securities and Exchange Board of India's (SEBI) nod to launch India's first Nifty non-cyclical consumer index fund. Launched by the platform's as... Read More


Zomato Piloting Priority Deliveries In Bengaluru, Mumbai At Extra Cost

India, April 24 -- Continuing its spree of experiments, foodtech major Zomato is now piloting a new feature in parts of Bengaluru and Mumbai that offers priority deliveries to users at an extra charge... Read More


Development Of AI Has Raised Questions About Responsibility: Industry Leaders

India, April 24 -- Though the development of AI has created new opportunities to improve the lives of people across the world, it has also raised questions about building responsible AI-driven platfor... Read More


Protect Operations Of Bike Taxis In Bengaluru: Karnataka HC To State Govt

India, April 24 -- The Karnataka High Court (HC) has directed the state government to protect the operations of bike taxi services in Bengaluru. As per a court order dated March 28 and seen by The Ec... Read More


PayU Gets RBI's In-Principle Authorisation To Operate As A Payment Aggregator

India, April 23 -- Prosus-backed digital payments giant PayU said that it has received in-principle authorisation from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA). In a st... Read More


Paytm Payments Bank Board Is Independent: CEO Vijay Shekhar Sharma

India, April 23 -- Fintech juggernaut Paytm's founder and CEO Vijay Shekhar Sharma has said that Paytm Payments Bank's board is independent and is capable of addressing regulatory concerns. Speaking ... Read More


Paytm Unveils Two New Upgraded 'Made In India' Soundboxes

India, April 23 -- Fintech juggernaut Paytm on Monday (April 22) launched two new soundboxes to receive UPI and credit card on UPI payments. In a statement, the company said that the new devices are ... Read More