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Finance Ministry Holds Meet On Scaling Up Unified Lending Interface

India, June 24 -- The finance ministry's department of financial services (DFS) and officials of the Reserve Bank of India (RBI) held a meeting with various stakeholders yesterday on scaling up the pl... Read More


Textile Manufacturing Startup Fantail Nets Funding From Riverwalk, Others

India, June 24 -- Textile manufacturing startup Fantail has secured INR 13.75 Cr ($1.6 Mn) in a seed funding round co-led by Riverwalk Holdings, Incubate Fund Asia and All in Capital. The Surat-based... Read More


IdeaForge Shares Hit 10% Upper Circuit Amid Defence Stocks Rally

India, June 23 -- Shares of drone manufacturer ideaForge jumped as much as 10% to INR 631.65 during the early trading hours on the BSE today, driven by a rally in defence stocks. Defence stocks in In... Read More


PharmEasy Cofounders Enter Architectural & Interior Design Space With New Startup

India, June 23 -- PharmEasy cofounders Dharmil Sheth, Dhaval Shah and Hardik Dedhia have reportedly launched an architectural and interior design startup All Home. An ET report said that the Mumbai-b... Read More


Incuspaze Acquires TRIOS To Strengthen Presence In Pune

India, June 23 -- IPO-bound managed and coworking space provider Incuspaze has acquired Pune-based TRIOS in a cash-and-stock deal. The acquisition of TRIOS, which is a smaller rival of Incuspaze, will... Read More


[Update] Ola Electric Hits Fresh All-Time Low At INR 43.15

India, June 23 -- Update| June 23, 22:58 PM Shares of EV major Ola Electric slumped 6.29% to an all-time low of INR 43.15 apiece on the BSE today. However, the stock pared some of the losses and clos... Read More


Ola, Uber, Rapido To Seek GST Clarity On Their SaaS Model: Report

India, June 23 -- Ride-hailing platforms like Ola, Uber and Rapido will reportedly approach the Central Board of Indirect Taxes and Customs (CBIC) regarding goods and services tax (GST) on their SaaS ... Read More


Prosus Eyes 5 Public Listings In India In FY26, Defers PayU IPO

India, June 23 -- Global investor Prosus' management shared a bullish view on its India investments while announcing the financial performance for FY25. After realising hefty gains from foodtech major... Read More


Meesho Completes Reverse Flip To India: Report

India, June 23 -- Ecommerce major Meesho has reportedly concluded its reverse flip, shifting its domicile to India from the US. Last month, the company received approval from National Company Law Tri... Read More


EKA Mobility Bags INR 200 Cr From Enam Holdings

India, June 23 -- Pune-based electric vehicle manufacturer EKA Mobility has raised INR 200 Cr (around $23 Mn) in a fresh funding round from Enam Holdings to expand its manufacturing capacity. Sudhir ... Read More