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From GIVA To EloElo Group - Indian Startups Raised $255 Mn This Week

India, Nov. 7 -- Startup funding activity gathered steam in the first week of November. As per Inc42 data, 20 Indian startups cumulatively raised $255 Mn between November 2 and 6. This marks a 96% upt... Read More


OYO Parent PRISM's Profit Jumps 17% YoY To Rs.353 Cr In Q1

India, Nov. 7 -- IPO-bound hospitality chain PRISM, the parent entity of OYO, reported a consolidated profit after tax (PAT) of Rs.353 Cr in the first quarter (Q1) of the fiscal year 2026-27 (FY27), u... Read More


ED Searches CoinDCX & Delta Exchange Over Alleged Illegal Cross-Border Transfers

India, Nov. 7 -- The Enforcement Directorate (ED) conducted searches at three premises linked to crypto exchanges CoinDCX and Delta Exchange India (DEI) over alleged unauthorised cross-border transact... Read More


Cashfree Launches 'Checkout For Agents' To Enable AI-Led Payments

India, Nov. 6 -- Fintech soonicorn Cashfree Payments has launched 'Checkout for Agents', a new tool that enables AI agents to process customer payments seamlessly. The new feature is built on the ope... Read More


Stockal's US Trading Row: Missing Consent, A Chinese Microcap, And Unanswered Questions

India, Nov. 6 -- Indian investors who held Apple, Amazon, Tesla, and Nvidia shares allege they logged into their Stockal accounts to find those investments replaced with shares of a thinly traded Chin... Read More


MobiKwik To Begin NBFC Operations Within 6 Months Post RBI Clearance

India, Nov. 6 -- MobiKwik's wholly owned subsidiary, MobiKwik Financial Services Pvt Ltd (MFSPL), has received a Certificate of Registration (CoR) from the RBI to operate as a non-banking financial co... Read More


Brokers In October: Angel One Climbs To The Second Spot With 2.4 Lakh New User Additions

India, Nov. 6 -- Indian stockbrokers' combined total active user base shrunk by 0.5% to 4.59 Cr in October, dropping from 4.61 Cr users in September. Despite the broader market plateau, user consolida... Read More


AvenuesAI Q2 Net Profit Rises 6% YoY To Rs.72 Cr, Revenue Up 47%

India, Nov. 6 -- AvenuesAI (formerly Infibeam Avenues) reported a 6% growth in its net profit to Rs.71.7 Cr in the quarter ended September (Q2 FY27) from Rs.67.7 Cr a year earlier. On a sequential bas... Read More


MakeMyTrip Acquires Majority Stake In Quick Ride To Enter Ride Pooling

India, Nov. 6 -- Nasdaq-listed traveltech major MakeMyTrip has expanded into the carpooling segment via the acquisition of a majority stake in Bengaluru-based Quick Ride for an undisclosed amount. In... Read More


Delhi HC Upholds BharatPe's Veto Rights In Unity SFB Shareholding Dispute

India, Nov. 6 -- Adding another layer to the ongoing shareholder dispute at BharatPe-backed Unity Small Finance Bank (SFB), the Delhi High Court (HC) has rejected an appeal filed by the bank against a... Read More