Exclusive

Publication

Byline

Location

GST Council Retains 5% Tax Slab For All EVs

India, Sept. 4 -- In a major relief for electric vehicle (EV) manufacturers and buyers, the goods and services tax (GST) council on Wednesday (August 3) retained the 5% tax rate on pure electric vehic... Read More


Leap India IPO: Flat Profit To Create Dilemma For Investors?

India, Sept. 4 -- Banking on the Indian startup IPO frenzy, logistics tech provider Leap India has now set sail for D-Street. The 2013-founded company filed its Draft Red Herring Prospectus (DRHP) las... Read More


FirstClub Bags $23 Mn To Open Dark Stores, Launch Cafes

India, Sept. 4 -- Quick commerce platform FirstClub has raised $23 Mn (around INR 203 Cr) in its Series A round co-led by existing backers Accel and RTP Global at a valuation of $120 Mn (INR 1,050 Cr)... Read More


boAt In The Black, Rethinking Platform Fees & More

India, Sept. 4 -- boAt Roars Back To Profits After a two-year gap, IPO-bound boAt returned to profitability in FY25. The consumer electronics giant's comeback was driven less by soaring sales and mor... Read More


Amazon Completes Fintech Startup axio's Acquisition

India, Sept. 4 -- Ecommerce giant Amazon has completed the acquisition of digital lending startup axio (formerly Capital Float) eight months after it entered into a definitive agreement. In a stateme... Read More


Reveal Healthtech Raises $7.2 Mn To Boost AI-Led Clinical Solutions

India, Sept. 4 -- AI-driven healthcare platform Reveal Healthtech has raised $7.2 Mn (around INR 63 Cr) in Series A funding round led by Leo Capital with participation from Sanos Capital. Founded in ... Read More


SoftBank Offloads 2.15% Stake In Ola Electric

India, Sept. 4 -- Japanese investor SoftBank has decreased its holding in Ola Electric by selling 9.4 Cr equity shares, amounting to 2.15% of the company's total share capital, via a series of open ma... Read More


BlueStone Q1: Loss Narrows 41% YoY To INR 35 Cr

India, Sept. 4 -- In its first financial disclosure after becoming a listed entity, jewellery brand BlueStone reported a 41% decline in its consolidated net loss to INR 34.7 Cr in Q1 FY26 from INR 59.... Read More


Now, A23 Parent Head Digital Works To Lay Off 500 Employees

India, Sept. 4 -- Following in the footsteps of MPL, PokerBaazi and Games24x7, online gaming platform A23's parent Head Digital Works is laying off around 500 employees. The company is letting go of ... Read More


Centre Seeks Transfer Of All Pleas Challenging Gaming Act To SC

India, Sept. 4 -- The central government has filed a petition in the Supreme Court to transfer all pleas challenging the Promotion and Regulation of Online Gaming Act, 2025 from various High Courts to... Read More