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BYJU'S Alpha Sues Byju Raveendran Over Alleged 'Misappropriation' Of $533 Mn

India, April 10 -- BYJU'S Alpha, the US-based special purpose finance vehicle of BYJU'S, has sued the edtech startup's founder Byju Raveendran, his wife and cofounder Divya Gokulnath and advisor Anita... Read More


Karnataka To Formulate New Rules To Regulate Online Gaming

India, April 10 -- The Karnataka government has begun work on a new legislation to regulate online gaming platforms in the state. In a post on X, Karnataka IT minister Priyank Kharge said he held a d... Read More


BluSmart Delays Salaries Citing Cash Flow Issues: Report

India, April 10 -- BluSmart Mobility has reportedly delayed salary payments for the month of March as the electric cab-hailing startup grapples with a financial crisis. In an email to the employees, ... Read More


Wakefit Eyes Over $200 Mn IPO, Picks Three Bankers: Report

India, April 10 -- Bengaluru-based D2C furniture and mattress startup Wakefit is reportedly looking to make a splash in the market with an initial public offering (IPO) and aims to raise around INR 1,... Read More


[Update] EloElo Raises $13.5 Mn For Overseas Expansion

India, April 10 -- Update | April 10, 1:51 PM A couple of days after it was reported that EloElo is raising a fresh capital, the social entertainment platform has announced the raise of $13.5 Mn (INR... Read More


Pine Labs Gets Final NCLT Nod For Reverse Flipping To India

India, April 10 -- Making another stride towards its reverse flipping journey, fintech major Pine Labs has now secured the final approval from the National Company Law Tribunal (NCLT) to merge its Ind... Read More


Dixon To Set Up INR 1,000 Cr Laptop Manufacturing Unit In Tamil Nadu

India, April 10 -- Electronics manufacturer Dixon Technologies has signed a memorandum of understanding (MoU) with the Tamil Nadu government to set up a manufacturing facility near Chennai with a tota... Read More


How Observe.AI Is Redefining The Future Of Contact Centres

India, April 10 -- If there is one area that GenAI has prominently impacted, it is customer experience and service. Harnessing the power of the generative capability of the large language models (LLMs... Read More


Ranjan Pai's Claypond Capital Appoints Sekhar Garisa As New MD

India, April 10 -- Claypond Capital, the family investment office of Manipal Group chairman Ranjan Pai, has appointed former Microsoft executive Sekhar Garisa as its new managing director. Commenting... Read More


Apple Exported iPhones Worth INR 1.5 Lakh Cr From India In FY25: Vaishnaw

India, April 9 -- Apple exported iPhones worth more than INR 1.5 Lakh Cr ($17.32 Bn) from India in the financial year ending March 2025, Union Minister Ashwini Vaishnaw said. This also marks a 76% ye... Read More