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NCLAT Judicial Member Recuses Himself From BYJU'S-AWS Case: Report

India, June 5 -- Justice Sharad Kumar Sharma, the judicial member of the Chennai bench of the National Company Law Appellate Tribunal (NCLAT), has recused himself from the BYJU'S-Amazon Web Services (... Read More


Feminine Hygiene Startup Plush Nets INR 40 Cr

India, June 5 -- Feminine hygiene D2C startup Plush has raised INR 40 Cr (around $4.6 Mn) in its Series B funding round led by Premji Invest's former senior partner Rahul Garg. The round saw particip... Read More


Zaggle To Buy Spend Management Startup Dice Enterprises For INR 123 Cr

India, June 5 -- Fintech major Zaggle is set to acquire Pune-based enterprise spend management startup Dice Enterprises Limited for INR 123 Cr (about $14.3 Mn). Zaggle said that the acquisition will ... Read More


Singapore HC Rejects WazirX Restructuring Plan

India, June 5 -- WazirX took a major hit after the Singapore High Court rejected a proposed restructuring plan submitted by its parent entity Zettai Pte Ltd. The company submitted the plan in Novembe... Read More


LoanTap Bags INR 74 Cr To Bolster Supply Chain Financing

India, June 5 -- Pune-based fintech startup LoanTap has raised Pre-Series C funding of INR 74 Cr (around $8.6 Mn) in a mix of equity and debt infusion. The company raised INR 54 Cr (around $6.3 Mn) i... Read More


Centre Eases SEZ Norms To Boost Chips, Electronics Manufacturing

India, June 5 -- In a renewed push to semiconductors and electronics components manufacturing in India, the government has amended the special economic zones (SEZ) rules to allow relaxations. Accordi... Read More


Gaurav Munjal Likely To Hold Larger Stake In Airlearn Post Spin Off

India, June 5 -- Gaurav Munjal might hold a larger stake in Unacademy's artificial intelligence-powered language learning app Airlearn than he currently holds in the parent entity. A Mint report, cit... Read More


Bessemer Ropes In Pankaj Mitra To Lead India Investments In AI & SaaS

India, June 5 -- Venture capital (VC) firm Bessemer Venture Partners, which has backed the likes of Swiggy and Urban Company, has named Pankaj Mitra as its new partner to lead enterprise tech, AI, and... Read More


Will Operation Sindoor Propel India's Drone Tech Ecosystem?

India, June 5 -- India's manufacturing push is gradually bearing fruit, if the drone tech ecosystem's role in Operation Sindoor is any indication. In what was the first ever full-fledged drone war be... Read More


Starlink To Get Licence To Launch Satellite Services In India Soon

India, June 4 -- Starlink is on the verge of obtaining the licence from the department of telecommunications (DoT) to launch its satellite communications in the country. India is moving steadily towa... Read More