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Exclusive: Prosus Joins Mukesh Bansal-Led Nurix AI's Cap Table With Fresh Capital Infusion

India, March 7 -- Mukesh Bansal's AI venture Nurix AI has received fresh capital from global investment firm Prosus, Inc42 has learnt from sources.  The startup, which had earlier raised $27.5 M... Read More


[Update] Exclusive: Prosus Joins Mukesh Bansal-Led Nurix AI's Cap Table With Fresh Capital Infusion

India, March 7 -- Update | March 9, 2026, 13:15 PM IST After Inc42 exclusively reported about Nurix funding, the startup officially confirmed securing INR 135 Cr in funding with Prosus participating ... Read More


EaseMyTrip Worst Hit By Bloodbath For New-Age Tech Stocks

India, March 7 -- Shares of new-age tech companies remained under selling pressure this week as broader macroeconomic conditions continued to take their toll on the Indian equities markets. Of the 54... Read More


Rise Of The Indian Woman: At The Heart Of Global AI Diffusion

India, March 7 -- Indian women now rank first in the world in AI skill penetration. Not first among emerging economies. Not the first in Asia. First globally, ahead of women in the United Kingdom, Ger... Read More


Meesho Gets Rs.1,500 Cr Demand Notice From Income Tax Dept

India, March 7 -- Ecommerce major Meesho has received a tax demand worth Rs.1,499.74 Cr, including applicable interest, from the Income Tax (IT) department's assessment unit for the assessment year 20... Read More


RBI Proposes Rs.25K Cap On Compensation For Online Frauds

India, March 7 -- The Reserve Bank of India (RBI) yesterday released draft guidelines for a compensation scheme to protect consumers from digital fraud.  Under the proposed regime, aggrieved cus... Read More


Fino Payments Bank Appoints CFO Ketan Merchant As Interim CEO

India, March 7 -- About a week after its MD & CEO Rishi Gupta's arrest, Fino Payments Bank has appointed its CFO Ketan Merchant as its new interim CEO.  The Nomination and Remuneration Committee ... Read More


Rozana Nets Rs.290 Cr To Scale Its Rural Omnichannel Presence

India, March 6 -- Rural India-focussed ecommerce startup Rozana has netted Rs.290 Cr ($31.6 Mn) in a Series B funding round led by existing backer Bertelsmann India Investments (BII), along with parti... Read More


Govt May Consider Relaxing SIM-Binding Rules: Report

India, March 6 -- The Centre is reportedly considering easing some of the proposed SIM-binding rules after industry players raised concerns over the scope of the regulation. The rules, issued by the ... Read More


Govt May Consider Relaxing SIM Binding Rules: Report

India, March 6 -- The Centre is reportedly considering easing some of the proposed SIM binding rules after industry players raised concerns over the scope of the regulation. The rules, issued by the ... Read More