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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


IPO-Bound RentoMojo Nets Rs.376 Cr From Anchor Investors

India, Sept. 8 -- Ahead of the commencement of the bidding for its public issue on September 9, furniture and appliance rental platform RentMojo has raised nearly Rs.376.1 Cr from anchor investors. I... Read More


US-Based Circle To Acquire Peak XV-Backed Tazapay

India, Sept. 8 -- Existing backer and US-based crypto platform Circle Internet Group has signed a definitive agreement to acquire Peak XV Partners-backed B2B cross-border payments startup Tazapay. Wh... Read More


PM Modi Urges Fintechs To Step Up Cybersecurity, Consumer Protection

India, Sept. 8 -- Prime Minister (PM) Narendra Modi has urged Indian fintech startups to further strengthen cybersecurity and consumer protection as the sector moves into its next phase of growth amid... Read More


Shiprocket's Mixed Q1, Purple Style Labs' Muted Listing & More

India, Sept. 8 -- Shiprocket Reins In Losses In Q1 Shiprocket's first quarterly results since listing show a startup inching closer to profitability. In Q1 FY27, the logistics giant's revenue rose, a... Read More


Bajaj Finance Picks Up 5% Stake in AI Video Startup TrueFan AI

India, Sept. 8 -- Bajaj Finance, the NBFC arm of Bajaj Finserv, has acquired a 5% stake in Delhi NCR-based AI video generation platform TrueFan AI. The company didn't disclose the investment it made t... Read More