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RMG Ban: Games24x7 Initiates Second Round Of Layoffs This Year

India, Sept. 1 -- Adding to the industry-wide retrenchment in the crumbling Indian real money gaming sector, gaming and entertainment unicorn Games24x7 has started reducing its headcount - the second ... Read More


Unicommerce To Raise INR 20 Cr From Parent AceVector

India, Sept. 1 -- Listed ecommerce SaaS company Unicommerce is set to raise its maiden investment since its listing on the bourses last year with the allotment of 14.4 Lakh equity shares on a preferen... Read More


LEAP India's FY25 Profit Remains Flat Despite 28% Revenue Growth

India, Sept. 1 -- IPO-bound LEAP India's net profit remained almost flat at INR 37.5 Cr in the year ended March 2025 (FY25) as against INR 37.1 Cr in FY24 despite a strong growth in revenue. The comp... Read More


The Quick Pharma Race, What's Next For RMG Founders & More

India, Sept. 1 -- Zepto, Blinkit And The Tricky Waters Of Quick Pharma It seems there is no stopping India's quick commerce giants. After groceries and gadgets, they have now set their sights on the ... Read More


EaseMyTrip's Wrong Turn

India, Sept. 1 -- "In the short run, the market is a voting machine, but in the long run, it is a weighing machine." The observation by American economist Benjamin Graham is more than pertinent for t... Read More


Blue Tokai Bags $25 Mn To Enter Dubai, Japan Markets

India, Sept. 1 -- Speciality coffee chain Blue Tokai Coffee Roasters has raised $25 Mn (around INR 220 Cr) in a bridge funding round from existing backers, including A91 Partners, Anicut, Verlinvest, ... Read More


QIA Gets Interim Injunction Against Byju Raveendran In $235 Mn Arbitral Award Case

India, Sept. 1 -- About a week after Qatar Investment Authority (QIA) moved the Karnataka High Court (HC) against BYJU'S cofounder Byju Raveendran, the HC has reportedly issued an interim injunction i... Read More


Mobikwik Shares Rally 15.6% To INR 254.15

India, Sept. 1 -- Shares of fintech company Mobikwik surged as much as 15.6% to INR 254.15 during the intraday trading on the BSE today, snapping a six-session losing streak. However, the stock gave ... Read More


After MPL, PokerBaazi To Sack 50% Of Its Workforce

India, Sept. 1 -- Nazara Technologies-backed Moonshine Technology, which operated PokerBaazi, has started laying off its employees following the ban on real money gaming (RMG) in India. Sources told ... Read More


PUBG Owner KRAFTON To Invest $50 Mn Annually In India

India, Sept. 1 -- South Korean gaming giant KRAFTON is betting big on India and plans to invest at least $50 Mn (INR 441.23 Cr) annually in the country. In an interview to Financial Times, KRAFTON Ind... Read More