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Former Swiggy Executive's Trading Startup Bags $10.5 Mn

India, June 25 -- Trading platform Sahi has raised $10.5 Mn (around INR 90 Cr) in a Series A funding round co-led by existing investors Accel and Elevation Capital. With the fresh funds, the startup ... Read More


Trading Platform Sahi Bags $10.5 Mn From Accel, Elevation

India, June 25 -- Trading platform Sahi has raised $10.5 Mn (around INR 90 Cr) in a Series A funding round co-led by existing investors Accel and Elevation Capital. With the fresh funds, the startup ... Read More


Amicus Capital Marks Close Of Second Fund At $214 Mn

India, June 25 -- Bengaluru-based private equity firm Amicus Capital Partners has marked the final close of its second fund at $214 Mn (around INR 1,800 Cr), exceeding its initial target of $200 Mn (a... Read More


ITC Pulls The Plug On Its Online Store

India, June 25 -- FMCG giant ITC has discontinued the operations of its online store, nearly five years after launching the digital marketplace. Launched at the height of Covid-19 pandemic in Novembe... Read More


Rollins Terminates Acquisition Deal With EaseMyTrip

India, June 25 -- Putting a hurdle in listed online travel aggregator (OTA) EaseMyTrip's (EMT) medical tourism ambitions, its deal to acquire a stake in healthcare company Rollins International has fa... Read More


Jio Financial Services Invests INR 190 Cr In Jio Payments Bank

India, June 25 -- Days after getting complete ownership of Jio Payments Bank Ltd (JPBL), fintech major Jio Financial Services (JFS) has invested INR 190 Cr in the bank. In an exchange filing, JFS sai... Read More


The Missing AI In Builder.ai: How Microsoft Backed Unicorn Blew $450 Mn

India, June 25 -- Builder.ai billed itself as a no-code artificial intelligence platform, and in the end, the company seems to have taken the no-code part too seriously. Once an AI unicorn, today, th... Read More


How VAMA Is Tapping Into India's $58.6 Bn Spiritual Tech Market

India, June 25 -- Imagine this. A mother and her child participate in a puja from their Delhi home while a revered priest chants mantras, performs havan and conducts the puja rituals live from a centu... Read More


NPCI's FY25 Profit Zooms 42% To INR 1,552 Cr

India, June 25 -- The National Payments Corporation of India (NPCI) reported a 42% increase in its profit after tax (PAT) to INR 1,552 Cr in the year ending March 2025 from INR 1,095 Cr in the previou... Read More


ArisInfra Ends First Trading Session 22% Below IPO Price

India, June 25 -- After listing at a discount to its IPO price, shares of B2B construction marketplace ArisInfra Solutions witnessed a bearish sentiment throughout the first trading session. The comp... Read More