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In Fresh Tax Trouble, Paytm Gets Notice Of INR 3.73 Cr

India, Feb. 5 -- Paytm parent One97 Communications has received a goods and service tax (GST) demand notice of INR 3.73 Cr from the Central Goods and Service Tax (CGST) department. The notice, receiv... Read More


India To Build Own Foundational AI Model In Next 10 Months: IT Minister

India, Feb. 5 -- Union IT Minister Ashwini Vaishnaw has reportedly said that India will build its own foundational artificial intelligence (AI) model in the next 10 months. As per news agency PTI, Va... Read More


CaratLane Q3: Total Income Jump 27% YoY To INR 1,117 Cr

India, Feb. 5 -- Tata-owned CaratLane saw its total income, excluding bullion and digi-gold sales, jump nearly 27% year-on-year (YoY) to INR 1,117 Cr in the third quarter (Q3) of the financial year 20... Read More


ixigo Gets INR 1.8 Cr GST Demand, Penalty Notice

India, Feb. 5 -- Online travel aggregator ixigo has received a GST demand order of INR 89.8 Lakh from the Haryana GST authorities. In an exchange filing, ixigo said that it received the demand notice... Read More


Swiggy Q3: Out-Of-Home Consumption Vertical Nears Adjusted EBITDA Breakeven

India, Feb. 5 -- Foodtech major Swiggy's 'out-of-home consumption' business, which includes Dineout and SteppinOut, is at the cusp of breaking even, with its adjusted EBITDA improving to -1% in the th... Read More


Astra Security Bags $2.7 Mn To Offer Cybersecurity Solutions To Enterprises

India, Feb. 5 -- SaaS-based Cybersecurity platform Astra Security has secured $2.7 Mn (about INR 23.5 Cr) in a funding round led by Emergent Ventures, along with a host of other investors, including N... Read More


Good Glamm Group's Bad Formula

India, Feb. 5 -- Like the classic novel Strange Case Of Dr Jekyll and Mr Hyde, there are two sides to the Good Glamm Group. One that's always flexing and one that seems to be in flux. The Darpan Sang... Read More


Suspended BYJU'S Directors Challenge NCLT's Ruling To Reinstate Lender

India, Feb. 5 -- Suspended directors of the embattled edtech startup BYJU'S have reportedly moved the National Company Law Appellate Tribunal (NCLAT), challenging an National Company Law Tribunal (NCL... Read More


Cashfree Payments Bags $53 Mn From KRAFTON

India, Feb. 5 -- B2B fintech startup Cashfree Payments has raised $53 Mn (around INR 450 Cr) in its Series C funding round led by South Korean gaming giant KRAFTON. The round also saw participation f... Read More


Cashfree Payments Bags $53 Mn To Expand Cross-Border Offerings

India, Feb. 5 -- B2B fintech startup Cashfree Payments has raised $53 Mn (around INR 450 Cr) in its Series C funding round led by South Korean gaming giant KRAFTON. The round also saw participation f... Read More