Swish Buys Itself More Time At The Quick Food Table

India, Sept. 13 -- In August 2024, Inc42 asked whether Swish could pull off what Zomato couldn't. Two years on, the question has turned on its head. Zomato has quit. So have Swiggy, Rebel Foods and Zi... Read More

After Sam Altman, Anthropic's Dario Amodei Calls For Pacing AI Development

India, Sept. 13 -- Days after Sam Altman said that OpenAI was open to slowing the development of AI systems, Anthropic cofounder and CEO Dario Amodei has now also called for reining in the pace at whi... Read More

From Pixxel To Swish - Indian Startups Raised Over $321.9 Mn This Week

India, Sept. 12 -- Startup funding activity rebounded back sharply in the second week of September. Between September 7 and September 11, Indian startups raised a combined $321.9 Mn across 20 deals, u... Read More

ESDS Soars 92% To Lead New-Age Tech Stocks This Week, MDR Hopes Lift Fintechs

India, Sept. 12 -- New-age tech stocks delivered a mixed performance this week as weakness in the broader equity market kept investor sentiment cautious. Of the 63 listed new-age tech stocks under In... Read More

WestBridge-Backed Way2News Restrained From Using AppsForBharat's Confidential Data

India, Sept. 12 -- A Bengaluru commercial court has temporarily restrained hyperlocal news startup Way2News from using confidential information and intellectual property belonging to AppsForBharat, th... Read More

Zomato Starts Charging Cash-On-Delivery Customers Up To Rs.21 Extra

India, Sept. 12 -- Eternal's food delivery arm Zomato has begun charging an additional 'Pay on delivery' fee on some cash-on-delivery (COD) orders, with the charge varying across transactions. Inc42 ... Read More

NPCI's FY26 Profit Drops 32% YoY To Rs.989 Cr As Tax Outgo, BHIM Loss Surge

India, Sept. 12 -- The National Payments Corporation of India's (NPCI's) consolidated net profit fell 32.4% to Rs.989.4 Cr in the financial year ended March 2026 from Rs.1,463.2 Cr in FY25, as a sharp... Read More

Accel Offloads Rs.156 Cr Stake In BlackBuck Via Block Deal

India, Sept. 12 -- Early backer Accel India yesterday sold 27 Lakh shares of logistics giant BlackBuck via an open-market transaction for Rs.155.5 Cr. As per NSE data, Accel sold the shares at Rs.576... Read More

UPI MDR May Be Set At 40 Bps; Banks Could Get Largest Share: Report

India, Sept. 11 -- The government may soon notify a framework for levying a merchant discount rate (MDR) on select Unified Payments Interface (UPI) transactions, with the fee potentially set at around... Read More

UPI MDR May Be Set At 40 Basis Points, Banks Could Get Largest Share: Report

India, Sept. 11 -- The government may soon notify a framework for levying a merchant discount rate (MDR) on select Unified Payments Interface (UPI) transactions, with the fee potentially set at around... Read More

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