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UPI In August: BHIM Surpasses Amazon Pay, PhonePe Continues To Lead

India, Sept. 9 -- The National Payments Corporation of India's (NPCI's) Bharat Interface for Money (BHIM) app surpassed Amazon Pay in terms of UPI transactions in August this year. While BHIM processe... Read More


Jio Financial Services, Allianz Incorporate Reinsurance Subsidiary

India, Sept. 9 -- Update | September 9, 14:15 Over a month after entering into an agreement with German insurance major Allianz to form a joint venture for reinsurance business, Jio Financial Service... Read More


Exclusive: Licious Shuts Plant-Based Meat Platform UnCrave To Focus On Profitability

India, Sept. 9 -- D2C meat and seafood platform Licious has quietly shut its plant-based meat platform UnCrave, sources told Inc42. The startup began winding down UnCrave's operations gradually last ... Read More


Porter To Raise Additional $100 Mn In Extended Series F Round: Report

India, Sept. 9 -- Months after it entered the unicorn club, logistics giant Porter is reportedly in advanced stages of raising an additional $100 Mn to $110 Mn in its extended Series F funding round. ... Read More


Centre Mulls $20 Bn Incentives For Semiconductor Mission 2.0

India, Sept. 9 -- To give a further thrust to the country's growing semiconductor ecosystem, the Centre is mulling a $20 Bn (INR 1.7 Lakh Cr) package for the India Semiconductor Mission (ISM) 2.0. Th... Read More


PharmEasy FY25 Loss Declines 40% To INR 1,517 Cr

India, Sept. 8 -- Online pharmacy unicorn PharmEasy managed to cut its net losses for the second consecutivefiscal year in FY25, reducing its burn for the fiscal by 40% to INR 1,516.8 Cr. The decline ... Read More


RMG Ban Effect: UPI Gaming Transactions Fall By Over 25% In August

India, Sept. 8 -- The crackdown on real money gaming (RMG) has sent shockwaves across key sectors and industries in India, including a dent on UPI numbers. According to NPCI data, the "Digital Goods:... Read More


PW's INR 3,820 Cr IPO, RMG Ban Hits Creators & More

India, Sept. 8 -- Can PhysicsWallah Pass The Market Test? PhysicsWallah has refiled its DRHP with the market regulator, SEBI, for an INR 3,820 Cr IPO. The edtech giant's public issue will comprise a ... Read More


Exclusive: Indrajaal Raises INR 48 Cr To Scale Anti-Drone Capabilities

India, Sept. 8 -- Defence tech startup Indrajaal has raised INR 48 Cr (about $xx Mn) in its pre-Series A round co-led by India Accelerator and Finvolve, along with participation from strategic and exi... Read More


Announcing FAST42 2026: Discovering India's Fastest-Growing D2C Brands

India, Sept. 8 -- India is now the world's third-largest online shopping market, with over 190 Mn digital shoppers and millions joining the fold every year. In this high-octane landscape, modern D2C b... Read More