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Delhi Court Summons Top Vivo Executives In Money Laundering Case

India, May 16 -- A Delhi court has summoned top leadership of smartphone maker Vivo, including CEO Shen Wei, CFO Chen Yu Fen and India CEO Zhiyong Chen, in connection with an INR 20,241 Cr money laund... Read More


Ice Cream Brand Hocco Nets $10 Mn To Support Expansion

India, May 15 -- Ice cream brand Hocco has raised $10 Mn (around INR 85.56 Cr) as a part of its $20 Mn Series B funding round. The round was co-led by Chona family office and Sauce.vc. The company p... Read More


Apple's India Plans Remain Unchanged Despite Trump's Objection

India, May 15 -- Hours after US president Donald Trump said he doesn't want Apple to manufacture in India, the iPhone maker has reassured the Indian government that the country would continue to remai... Read More


Eye On MENA Expansion: CoinDCX Launches BitOasis In Bahrain

India, May 15 -- Homegrown crypto exchange CoinDCX has expanded its presence in the Middle East and North Africa (MENA) region with the launch of its virtual asset trading platform BitOasis in Bahrain... Read More


Can Lab-Grown Diamonds & Omnichannel Route Power 39-Year Old Kalamandir's Next Growth Engine?

India, May 15 -- Four Cs - carat, cut, colour, and clarity - have been the age-old criteria for choosing diamonds. Now, there's another choice to make: natural diamonds, which are mined from the earth... Read More


Former X India Head's VC Firm Floats $100 Mn Fund To Back Indo-US Startups

India, May 15 -- Former X India head Manish Maheshwari's venture capital (VC) firm, BAT VC, has announced its India foray with the launch of a $100 Mn fund to back early stage ventures in the country.... Read More


PB Fintech Q4: Profit Zooms About 3X To INR 171 Cr

India, May 15 -- Fintech major PB Fintech's consolidated profit after tax (PAT) zoomed 2.8X to INR 170.7 Cr in Q4 FY25 from INR 60.2 Cr in the year-ago quarter. On a sequential basis, the company's pr... Read More


GIC Seeks CCI Approval To Acquire 2.14% Stake In IPO-Bound Groww

India, May 15 -- Singapore's sovereign wealth fund GIC has sought the Competition Commission of India's (CCI) approval to acquire over 2% stake in IPO-bound investment tech unicorn Groww. As per a no... Read More


DPIIT Approves 187 Startups For I-T Exemptions; 3,700 Granted To Date

India, May 15 -- The Department for Promotion of Industry and Internal Trade (DPIIT) has approved 187 startups for tax exemptions under the revised Section 80-IAC of the Income Tax Act. In a statemen... Read More


DPIIT Approves 187 Startups For I-T Exemptions; 3.700 Granted To Date

India, May 15 -- The Department for Promotion of Industry and Internal Trade (DPIIT) has approved 187 startups for tax exemptions under the revised Section 80-IAC of the Income Tax Act. In a statemen... Read More