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VinFast Signs Deals To Set Up 50 Electric Motorcycle Showrooms Across India

India, Oct. 9 -- With an eye on entering the homegrown electric two-wheeler (E2W) market, Vietnamese EV maker VinFast has signed letters of intent (LoIs) with more than 50 dealers across India. The E... Read More


IRDAI Mulls Introducing Insurance Commission Caps From January 2027

India, Oct. 9 -- The Insurance Regulatory and Development Authority of India (IRDAI) may introduce its proposed insurance commission caps as early as January 2027, amid opposition from brokers over po... Read More


Menswear Brand KISAH Nets Rs.35.9 Cr To Scale Retail Footprint

India, Oct. 9 -- Omnichannel menswear brand KISAH has raised Rs.35.9 Cr (about $3.7 Mn) in a Series A funding round led by Fireside Ventures at a post-money valuation of around Rs.211 Cr (about $22 Mn... Read More


Centre Rejects Elon Musk's Claim On Starlink, Says Satcom Rules Non-Discriminatory

India, Oct. 8 -- The Centre has rejected SpaceX CEO Elon Musk's allegation that unnamed oligarchs are blocking Starlink's launch in India, saying the country's regulatory framework for satellite commu... Read More


UPI MDR Rollout May Be Deferred To January 2027 Amid Pushback By Retailers

India, Oct. 8 -- The introduction of a merchant discount rate (MDR) on select UPI transactions may be deferred from October 15 to January 1, 2027, amid pushback from retail traders' associations. A p... Read More


NABVENTURES Marks First Close Of Rs.1,500 Cr Fund At Rs.450 Cr

India, Oct. 8 -- NABVENTURES, the venture capital arm of the National Bank for Agriculture and Rural Development (NABARD), has announced the first close of its second fund at Rs.450 Cr. The firm, whi... Read More


Late Stage Funding Dips, Swish Takes On Zomato & More

India, Oct. 8 -- Late Stage VCs Turn Risk Averse In Q3 Indian startup funding stabilised in Q3, but investor appetite split sharply. The quarter saw capital deployment skew heavily toward mid to grow... Read More


Govt To Release Consultation Paper On AI Regulation: Vaishnaw

India, Oct. 8 -- Amid growing uncertainties over AI's utilisation and its prospects, union IT minister Ashwini Vaishnaw said that the government is working on releasing a consultation paper on regulat... Read More


D2C Lifestyle Brand DailyObjects Raises Rs.332 Cr To Expand Offline Presence

India, Oct. 8 -- D2C lifestyle startup DailyObjects has raised Rs.332 Cr ($34.3 Mn) in a Series C funding round co-led by Xponentia Capital Partners, Anicut Capital and Axiom Asia Private Capital. The... Read More


Miko Maker Inner Sky Labs Unveils Foundation Models For Physical AI

India, Oct. 8 -- AI startup Inner Sky Labs, the maker of children's companion robots under the Miko brand, has launched a suite of foundation models designed to help machines perceive their surroundin... Read More