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From WIOM To Oben Electric - Indian Startups Raised $92 Mn This Week

India, June 21 -- After gaining ground, investment activity in the Indian startup ecosystem plunged in the third week of June. Between June 16 and 21, startups raised $91.5 Mn across 10 deals, down 84... Read More


RBI Fines Fino Payments Bank NR 29.6 Lakh For Flouting Licencing Rule

India, June 21 -- The Reserve Bank of India (RBI) said it has imposed a penalty of INR 29.6 Lakh on Fino Payments Bank for non-compliance with certain directions on 'licencing of payments banks'. The... Read More


RBI Fines Fino Payments Bank INR 29.6 Lakh For Flouting Licencing Rule

India, June 21 -- The Reserve Bank of India (RBI) said it has imposed a penalty of INR 29.6 Lakh on Fino Payments Bank for non-compliance with certain directions on 'licencing of payments banks'. The... Read More


Bharti Enterprises' Space Arm To Invest INR 313 Cr In Eutelsat

India, June 21 -- Bharti Enterprises' space arm, Bharti Space Limited, will invest €31.4 Mn (nearly INR 313 Cr) in French satellite group Eutelsat. The infusion is part of Eutelsat's larger &#8... Read More


How ZYOD Is Powering A New Wave Of On-Demand Fashion Manufacturing

India, June 21 -- When was the last time you flaunted a Dior or a (Yves) Saint Laurent outfit at a happening do and wowed all with its exquisite charm? Much of the sartorial magic created by global fa... Read More


Exclusive: Now, Blinkit's Bistro Starts Charging Convenience Fee

India, June 21 -- Eternal-owned Blinkit's quick food delivery app Bistro has started charging a convenience fee of INR 5 on orders, becoming the latest ecommerce platform to do so. The convenience fe... Read More


Campus Fund Launches $100 Mn Third Fund To Back Student-Led Startups

India, June 21 -- Campus Fund, a venture capital firm focused on student-led startups, has launched its third and largest fund till date with a target corpus of $100 Mn. The investment vehicle has ma... Read More


Eternal's District Adds Retail Stores, Shopping Deals To Its Cart

India, June 21 -- Deepinder Goyal-led Eternal has silently launched listings of retail stores and chains on its 'Going Out' business app, District. The new 'Stores' section on the app allows users to ... Read More


Apple Considers Buying AI Startup Perplexity: Report

India, June 21 -- Apple is reportedly exploring a potential acquisition of Aravind Srinivas-cofounded Perplexity AI to boost its artificial intelligence capabilities. A Bloomberg report, citing peopl... Read More


DroneAcharya Delays Financial Submission For H2 FY25

India, June 21 -- BSE SME-listed DroneAcharya has delayed its submission for the second half of the fiscal year FY25 (H2 FY25) by over a month now, deferring it from May 27 to July 11. The dronetech ... Read More