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ED Arrests WinZO Cofounders In Money Laundering Case

India, Nov. 27 -- The Enforcement Directorate (ED) has reportedly arrested gaming startup WinZO's cofounders Saumya Singh Rathore and Paavan Nanda under the sections of the Prevention of Money Launder... Read More


upGrad Appoints Former G20 Sherpa Amitabh Kant To Its Board

India, Nov. 27 -- Edtech startup upGrad has appointed Amitabh Kant, former G20 Sherpa of India and NITI Aayog CEO, as an independent non-executive director on its board. In a statement, upGrad said t... Read More


India Eyes Self-Reliance With INR 7,280 Cr Rare Earth Magnet Manufacturing Scheme

India, Nov. 27 -- With an eye on reducing dependence on imports, the Union Cabinet has approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' with an allocation of INR... Read More


India Eyes Self-Reliance With INR 7,280 Cr Rare Earth Magnet Scheme

India, Nov. 27 -- With an eye on reducing dependence on imports, the Union Cabinet has approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets' with an allocation of INR... 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


Square Yards Raises $35 Mn, Eyes Unicorn Tag Amid IPO Preparations

India, Nov. 27 -- IPO-bound proptech startup Square Yards has raised $35 Mn (about INR 312 Cr) in a funding round led by South Korea-based Smilegate VC, with participation from existing investors, sou... Read More


CarTrade Pulls Plug On CarDekho Acquisition

India, Nov. 27 -- Listed auto classifieds platform CarTrade has decided to not proceed with the proposed acquisition of Girnar Software Private Limited, the parent entity of CarDekho. "We wish to inf... 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