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23 OTT Platforms Disrupting India's Streaming Market

India, Jan. 31 -- Entertainment consumption trends in India have swung like a pendulum in the past five years. While the Covid-induced lockdowns put a dampener on India's flourishing movie theatre bus... Read More


How Consumer Credit-Focussed NBFC Stashfin Achieved 4x Growth In Revenue In Three Years

India, Jan. 31 -- India has traditionally been a less-credit market. True, there had been a frenzy during the Covid years and even post-Covid times, leading to credit card adoption and spending. But b... Read More


Unicommerce's Q3 Profit Jumps 62% YoY To INR 6.3 Cr

India, Jan. 31 -- SaaS major Unicommerce's consolidated net profit zoomed 62.1% to INR 6.29 Cr in the third quarter of the ongoing financial year (FY25) from INR 3.88 Cr in the year-ago quarter. Sequ... Read More


FIU Slaps INR 9.3 Cr Penalty On Crypto Platform Bybit

India, Jan. 31 -- The Financial Intelligence Unit-India (FIU-IND) has imposed a monetary penalty of INR 9.3 Cr on crypto platform Bybit due to the violations of Prevention of Money Laundering (Mainten... Read More


Krutrim Now Hosts DeepSeek Models On Its Cloud

India, Jan. 31 -- Bhavish Aggarwal's AI unicorn Krutrim is now hosting open source AI models of Chinese GenAI company DeepSeek on its cloud platform. Taking to the X, Aggarwal said, "Krutrim has acce... Read More


Exclusive: Servify To File DRHP For $500 Mn IPO By August

India, Jan. 31 -- Mumbai-based device management startup Servify has begun the preparations for its initial public offering (IPO) by roping in three investment bankers. The startup plans to raise $40... Read More


AI Can Upend Labour Market, Need Robust Institutions To Tackle It: Economic Survey 2024-25

India, Jan. 31 -- At a time when generative artificial intelligence (GenAI) has taken the world by storm and continues to grow by leaps and bounds everyday, the technology found prominent mention in t... Read More


Mahesh Bhupathi's D2C Brand Scentials Gets Board Nod To Raise INR 34.62 Cr

India, Jan. 31 -- Mahesh Bhupathi's D2C wellness brand Scentials is raising INR 34.62 Cr (around $4 Mn) in a mix of debt and equity infusion from Indus Way Emerging Market Fund and TIW Private Equity.... Read More


Mahesh Bhupathi's D2C Brand Scentials To Raise INR 34.62 Cr

India, Jan. 31 -- Mahesh Bhupathi's D2C wellness brand Scentials is raising INR 34.62 Cr (around $4 Mn) in a mix of debt and equity infusion from Indus Way Emerging Market Fund and TIW Private Equity.... Read More


Economic Survey: 60 Entities Registered As Fintechs In GIFT City

India, Jan. 31 -- Around 60 entities have registered as fintechs or techfins in GIFT-IFSC as of September 2024, according to the Economic Survey 2024-25 tabled by the union finance minister Nirmala Si... Read More