Exclusive

Publication

Byline

Location

RMG Continues To Bleed, Blinkit Bags INR 600 Cr & More

India, Nov. 27 -- The RMG Churn Goes On The churn in the now-defunct real-money gaming (RMG) sector continues. Beleaguered giant Junglee has slashed its workforce by a third, Dream Sports is pivoting... Read More


Paytm Payments Services Gets RBI's Payment Aggregator Licence

India, Nov. 27 -- Fintech major Paytm's subsidiary, Paytm Payments Services Limited (PPSL), has secured final authorisation from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA)... Read More


[Update] Arctus Aerospace Raises $2.6 Mn To Build UAVs For Earth Observation

India, Nov. 26 -- Update | November 26, 10:35 IST Deeptech startup Arctus Aerospace has officially announced its pre-seed round, raising $2.6 Mn (around INR 23 Cr) from Version One Ventures, South Pa... Read More


The Role Of Venture Capital In Shaping India's Digital Public Infrastructure

India, Nov. 26 -- India is quietly creating something that even advanced economies are trying to understand: a nationwide Digital Public Infrastructure (DPI) that acts like a national digital operatin... Read More


Blinkit Gets INR 600 Cr Boost From Eternal To Raise Quick Commerce Stakes

India, Nov. 26 -- Blinkit parent Eternal has infused another INR 600 Cr into the quick commerce platform, signalling a fresh wave of aggression in a market that is heating up once again. As per a reg... Read More


AdvantEdge's Maiden Fund Reaps 11X Returns, Buoyed By Rapido Partial Exit

India, Nov. 26 -- Mobility-focussed venture capital (VC) firm AdvantEdge Founders claims to have clocked 11X returns from its maiden fund (AdvantEdge Fund I). This came largely on the back of the inve... Read More


Info Edge To Invest INR 70 Cr In SIHL

India, Nov. 26 -- Info Edge has approved fresh investments worth about INR 75 Cr (about $8.4 Mn) in two of its wholly-owned subsidiaries, Smartweb Internet Services and Startup Investments (Holding) L... Read More


Zetwerk's IPO Redux, Neo Bags $25 Mn & More

India, Nov. 26 -- Zetwerk Revives IPO Plans Zetwerk is back on the IPO bandwagon. Barely eight months after delaying its listing plans amid market uncertainties, the B2B manufacturing giant has now t... Read More


Reliance-Backed Digital Connexion To Build $11 Bn Vizag Data Centre

India, Nov. 26 -- In what is potentially one of the largest data centre investment commitments announced in India so far, Digital Connexion, the joint venture of Brookfield Asset Management, Reliance ... Read More


Assets From Online Cricket Betting Are 'Proceeds Of Crime': Delhi HC

India, Nov. 26 -- Assets linked to online cricket betting can be treated as "proceeds of crime" and seized by the Enforcement Directorate (ED), even though betting itself is not a scheduled offence un... Read More