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Paytm CEO Vijay Shekhar Sharma Surrenders 2.1 Cr ESOPs

India, April 16 -- Paytm founder, CEO and MD Vijay Shekhar Sharma has voluntarily given up 2.1 Cr unvested employee stock options (ESOPs). "Mr. Vijay Shekhar Sharma. vide letter dated April 16, 2025 ... Read More


It's Now Or Never For India's Deeptech Dreams

India, April 16 -- In the fortnight since commerce and industry minister Piyush Goyal's address at the Startup Mahakumbh, we have seen a range of comments, rants, potshots and some hot takes - everyon... Read More


BluSmart Cab Services Unavailable In Delhi NCR, Bengaluru, Mumbai

India, April 16 -- Troubled ride-hailing startup BluSmart seems to have suspended cab scheduling services in all the cities it operates in - Delhi NCR, Mumbai, and Bengaluru. The startup's app is sho... Read More


Jewelbox Bags $3.2 Mn To Launch Retail Stores To Sell Lab-Grown Diamond Jewellery

India, April 16 -- D2C lab-grown diamond jewellery brand Jewelbox has raised $3.2 Mn (about INR 27 Cr) in its pre-Series A round led by V3 ventures. The round also saw participation from Atrium Angel... Read More


How Nutrabay Became An INR 100 Cr Profitable Brand With Its Lean & Frugal Playbook

India, April 16 -- "It's a round ball and a round bat, and you got to hit it square." That was American baseball icon and manager Pete Rose. On the other face of the planet, the square is hit when it ... Read More


BharatPe-Backed Trillionloans Appoints Aditya Birla Group Veteran As CEO

India, April 16 -- BharatPe-backed non banking financial company (NBFC) Trillionloans has roped in industry veteran Sandeep Singh as its chief executive officer. Trillionloans said in a statement tha... Read More


Mahadev Betting Case: ED Conducts Raids At Premises Linked To EaseMyTrip's Nishant Pitti

India, April 16 -- The Enforcement Directorate (ED) is reportedly conducting nationwide raids at several locations linked to online travel aggregator EaseMyTrip's promoter and cofounder Nishant Pitti ... Read More


ED Raids EaseMyTrip Cofounder Nishant Pitti's Premises In Mahadev Betting Case

India, April 16 -- The Enforcement Directorate (ED) is reportedly conducting raids at several locations across the country linked to online travel aggregator EaseMyTrip's promoter and cofounder Nishan... Read More


NPCI Planning For Another 300 Mn UPI Users

India, April 16 -- The National Payments Corporation of India (NPCI) is reportedly planning to onboard 200-300 Mn new users into its Unified Payments Interface (UPI) fold, as a part of its effort to f... Read More


Garuda Aerospace Bags INR 100 Cr From Venture Catalysts, Others

India, April 16 -- Chennai-based dronetech startup Garuda Aerospace has secured INR 100 Cr (about $11 Mn) in a Series B funding round led by Venture Catalysts, along with a host of other undisclosed i... Read More