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Lenskart Invests In AjnaLens To Develop AI-Powered Smart Glasses

India, July 4 -- IPO-bound omnichannel eyewear giant Lenskart has made a strategic investment in Mumbai-based deeptech startup AjnaLens to develop AI-powered smart glasses. In a statement, Lenskart s... Read More


GobbleCube Bags $3.5 Mn To Help Brands Grow With AI-Powered Insights

India, July 3 -- AI-powered analytics platform GobbleCube has raised $3.5 Mn (INR 30 Cr) in a funding round led by InfoEdge Ventures, with participation from existing investor Kae Capital. The startu... Read More


Swiggy Block Deal: BNP Paribas Acquires Shares Worth INR 122 Cr

India, July 3 -- In a major block deal today, Citigroup Global Markets sold around 3,20,421 shares of foodtech major Swiggy at a price of INR 381 per share. BNP Paribas Financial Markets stepped in as... Read More


Swiggy Block Deal: BNP Paribas Acquires Shares Worth INR 12.2 Cr

India, July 3 -- Update | 11:50 AM The HL and the story has been edited to change the deal value to INR 12.2 Cr from INR 122 Cr stated earlier. Original | 09:49 PM In a major block deal today, Citi... Read More


Maharashtra Minister Poses As Rider, Catches Rapido Flouting Bike Taxi Ban

India, July 3 -- Maharashtra transport minister Pratap Sarnaik posed as a driver and found glaring lapses in the implementation of the bike taxi ban in Mumbai. As per news agency PTI, Sarnaik booked ... Read More


RBI Directs Banks To Integrate DoT's Tool To Curb Cyber Frauds

India, July 3 -- Amid the growing spate of cyber crimes, the RBI has directed banks and payments banks to integrate telecom department's (DoT) financial fraud risk indicator (FRI) into their systems. ... Read More


Inside Urban Company's Product Push, Swiggy Shuts Minis & More

India, July 3 -- Urban Company's Product-Led Makeover Synonymous with at-home services for a decade now, Urban Company is all set for its next big reveal. Having started with its line of water purifi... Read More


Exclusive: InCred Finance Bags INR 400 Cr Debt Funding From Morgan Stanley, Others

India, July 3 -- InCred Group's lending arm, InCred Finance, has raised a debt funding of INR 400 Cr (around $46.8 Mn) from Morgan Stanley, Nippon Life India, among others. Besides, it bagged an equit... Read More


EaseMyTrip's Nishant Pitti Pledges Shares Worth INR 95 Cr For 'Personal Use'

India, July 3 -- Six months after he pared his stake in EaseMyTrip, its chairman Nishant Pitti has pledged 9 Cr shares worth INR 94.5 Cr to Motilal Oswal Financial Services. As per a filing with the ... Read More


WEH Ventures Exits smallcase With 38% IRR

India, July 3 -- Early stage VC firm WEH Ventures has completely exited invest tech startup smallcase with an internal rate of return (IRR) of 38%. The VC firm first invested in the startup from its ... Read More