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[Update] RentoMojo IPO Subscribed 1.42X On Day 1

India, Sept. 9 -- Update| September 9, 17:00 IST Online furniture and appliance rental platform RentoMojo's Rs.1,256 Cr IPO was subscribed 1.42X on the first day of bidding, receiving bids for 3.08 C... Read More


Maharashtra Eyes First State-Level Land Tokenisation Framework: CM Fadnavis

India, Sept. 9 -- Maharashtra is working to establish India's first state-level legal framework for blockchain-based tokenisation of land and other immovable assets, chief minister Devendra Fadnavis s... Read More


ESDS Hits Upper Circuit For Fourth Straight Day, Rises To 3.3X IPO Price

India, Sept. 9 -- Riding the bulls since listing last Friday, stock of enterprise cloud and AI company ESDS Software Solution hit an upper circuit of 10% for the fourth consecutive session today, taki... Read More


UIDAI Launches SDK, Sandbox To Ease Aadhaar Face Authentication

India, Sept. 9 -- The Unique Identification Authority of India (UIDAI) today launched "Face Auth SDK & Sandbox", a set of software tools and a testing environment designed to help developers integrate... Read More


PhonePe, Visa Partner For Cardless Payments In India, 14 Overseas Markets

India, Sept. 9 -- Walmart-backed fintech major PhonePe has partnered with global card network Visa to launch three cardless payment solutions for consumers and merchants in India. The partnership wil... Read More


FIU Issues Notices To 15 Crypto Platforms, Initiates Takedown

India, Sept. 9 -- The Financial Intelligence Unit-India (FIU-IND) has issued notices to 15 offshore virtual digital asset (VDA) service providers for non-compliance with provisions of the Prevention o... Read More


RentoMojo IPO Subscribed 69% So Far On Day 1, NII Portion Booked 90%

India, Sept. 9 -- Online furniture and appliance rental platform RentoMojo's Rs.1,256 Cr IPO was subscribed 69% by 12:57 IST on the first day of bidding today. The IPO received bids for 1.50 Cr share... Read More


PE Giant TPG Sells Shadowfax Shares In A Rs.200 Cr Bulk Deal

India, Sept. 9 -- Private equity (PE) giant TPG yesterday offloaded Shadowfax shares worth Rs.200 Cr via an open-market transaction. According to BSE data, the PE major, via its entity NewQuest Asia ... Read More


Fleet Management Startup Carrum Mobility Raises $10 Mn From Uber

India, Sept. 9 -- B2B fleet management startup Carrum Mobility has raised $10 Mn (about Rs.96 Cr) from ride-hailing major Uber as a part of its Series B funding round. The fundraise marks the second ... Read More


Jio Targets September 2027 Test Launch For 1,600-Satellite LEO Network

India, Sept. 8 -- Reliance Jio is targeting September 2027 for the test launch of satellites for its proposed 1,600-satellite low Earth orbit (LEO) constellation, as the telecom giant steps up its sat... Read More