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Infinite Uptime Secures $35 Mn To Expand Presence In The US

India, March 11 -- Deeptech startup Infinite Uptime has raised $35 Mn (around INR 305.5 Cr) in its Series C funding round led by Avataar Ventures. The round also saw participation from investors such... Read More


Gaming Startup Felicity Bags $3 Mn To Scale Publishing Infra

India, March 11 -- Homegrown mobile game publisher Felicity Games has bagged $3 Mn (around INR 26 Cr) in a seed funding round led by 3one4 Capital along with other existing and new investors including... Read More


RBI Working To Make Cross-Border Payments More Efficient: Guv Malhotra

India, March 11 -- The Reserve Bank of India (RBI) governor Sanjay Malhotra on Monday (March 10) said that the central bank is working to make cross-border payments "more efficient". Addressing the D... Read More


Maharashtra Budget: State To Levy 6% Tax On EVs Above INR 30 Lakh

India, March 11 -- The Maharashtra government has announced plans to levy a "vehicle tax" of 6% on electric vehicles (EVs) priced above INR 30 Lakh. "It is proposed to levy motor vehicle tax at the r... Read More


Westbridge-Backed Kuhoo Finance Gets NBFC Licence From RBI

India, March 11 -- Westbridge Capital-backed lending tech startup Kuhoo Finance has secured a non-banking finance company (NBFC) licence from the Reserve Bank of India. This will pave the way for the ... Read More


Zomato Is Now Eternal: Foodtech Giant Gets Shareholders' Nod To Change Name

India, March 10 -- Foodtech major Zomato has received the approval from its shareholders to change its name to Eternal Limited. In an exchange filing, Zomato said that its shareholders passed a speci... Read More


Paytm Allots Equity Shares Worth INR 5.8 Cr Under ESOP Schemes

India, March 10 -- Paytm's parent One97 Communications' board has approved an allotment of 84,793 equity shares under its employee stock option schemes. In an exchange filing on Sunday (March 9), Pay... Read More


Ather Converts Preference Shares To Equity, Likely To Float IPO In April

India, March 10 -- Going full throttle on its highly-anticipated initial public offering (IPO), electric two-wheeler maker Ather Energy has converted its outstanding compulsory convertible preference ... Read More


SatSure, Pixxel Among Bidders Shortlisted For Building Earth Observation System

India, March 10 -- The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has reportedly shortlisted six out of nine bidders to build and manage a space-based earth observation (EO) s... Read More


Maharashtra Budget: Govt Proposes AI Command Centre To Keep Crime At Bay

India, March 10 -- Maharashtra finance minister Ajit Pawar has proposed setting up of an artificial intelligence -powered "command control centre" to keep crimes in check in the Mumbai city. While pr... Read More