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Flipkart Gets Singapore Court's Nod To Reverse Flip To India

India, Sept. 26 -- IPO-bound ecommerce major Flipkart has reportedly received in-principle approval from a Singapore court to reverse flip back to India. Sources told TechCrunch that the company is i... Read More


Cashfree's FY25 Loss Widens 14% To INR 154 Cr As Revenue Slips

India, Sept. 26 -- Fintech soonicorn Cashfree Payments' net loss for the fiscal year FY25 widened 14% to INR 154.1 Cr from INR 135 Cr in FY24 at the behest of flattening of its top line and slight inc... Read More


CCPA Penalises FirstCry For Misleading Ads & Unfair Trade Practices

India, Sept. 26 -- The Central Consumer Protection Authority (CCPA) has imposed a penalty of INR 2 Lakh on FirstCry subsidiary Digital Age Retail Pvt Ltd for "false and misleading price representation... Read More


Zappfresh IPO: Issue Subscribed 21% On Day 1

India, Sept. 26 -- The BSE SME IPO of meat delivery company Zappfresh (DSM Foods) received a lukewarm response on the first day of bidding and was subscribed 21% on the first day of bidding. As per C... Read More


OYO-Owned Innov8's Profit Plunges 97% To INR 1 Cr

India, Sept. 26 -- Managed workspaces provider Innov8, erstwhile OYO Workspaces India Pvt Ltd, saw its bottom line take a hit in FY25 on the back of surging expenses. The company's profit after tax (P... Read More


Simpl In RBI's Crosshairs, Amazon's New Gamble & More

India, Sept. 26 -- Simpl In RBI's Crosshairs Simpl is grappling with an existential crisis. The Reserve Bank of India (RBI) has directed the buy-now-pay-later (BNPL) platform to cease all payment-rel... Read More


Vedantu Nets $11 Mn In Ongoing Round To Go All Out On AI

India, Sept. 26 -- Edtech unicorn Vedantu has raised $11 Mn (INR nearly INR 100 Cr) as part of an ongoing funding round from existing backers. The company did not disclose the name of the investors pa... Read More


IPO-Bound Aye Finance Says NACH Data Exposed Due To Misconfiguration By Vendor

India, Sept. 26 -- After cyber security solutions provider UpGuard flagged that data set of Indian financial institutions relating to funds transfer via the National Automated Clearing House (NACH) wa... Read More


Ather Defers INR 26 Cr Incentive Submission Claims Due To Rare Earth Magnet Shortage

India, Sept. 26 -- Two-wheeler EV maker Ather Energy has decided to defer the submission of claims for demand incentives to the tune of INR 26.2 Cr (about $3 Mn) under the Centre's PM E-DRIVE scheme d... Read More


[Update] Nazara Shares Start Trading Ex-Bonus, Ex-Split

India, Sept. 26 -- Update | September 26, 14:29 Days after it received its board's nod to undertake its second bonus share issue and stock split, Nazara's shares started trading ex-bonus, ex-split to... Read More