Ultraviolette Changes Its Premium Pitch; Will It Accelerate Sales?

India, Sept. 26 -- "It's time for us to say: 'let's unsubscribe to the construct of labels'," Ultraviolette cofounder and CEO Narayan Subramaniam exclaimed at the recent launch of the company's latest... Read More

BharatPe FY25: Loss Narrows 82% To INR 88 Cr, Revenue At INR 1,667 Cr

India, Sept. 26 -- Fintech unicorn BharatPe slashed its net losses by 82% to INR 88.2 Cr in the fiscal year 2024-25 (FY25) compared to INR 492 Cr in the year ago fiscal. The improved numbers came on ... Read More

KisanKonnect Nets INR 72 Cr To Sell Fresh Fruits & Vegetables

India, Sept. 26 -- Omnichannel farm-to-fork startup KisanKonnect has raised INR 72 Cr ($8 Mn) in its Pre-Series A funding round led by Bajaj Finserv Group. The round also saw participation from exist... Read More

IPO-Bound Curefoods Bags INR 160 Cr From Binny Bansal's 3State Ventures

India, Sept. 26 -- Cloud kitchen company Curefoods has raised INR 160 Cr (around $18 Mn) in pre-IPO placement from Flipkart cofounder Binny Bansal's 3State Ventures. In a statement, the IPO-bound com... Read More

RBI Mandates Two-Factor Authentication For Digital Payments

India, Sept. 26 -- A year after proposing alternate methods of additional factor of authentication (AFA) for digital transactions, the Reserve Bank of India (RBI) has released new directions, making t... Read More

DevX Breaks Losing Streak, Rises Nearly 5% To INR 56.50

India, Sept. 25 -- After hitting lower circuit in four out of the five sessions post its listing session and ending over 16% below its listing price yesterday, shares of coworking space provider DevX ... Read More

Handpickd Raises $15 Mn To Optimise Fruits & Vegetables Supply Chain

India, Sept. 25 -- Milkbasket founder Anant Goel's fresh commerce startup Handpickd (erstwhile Sorted) has raised $15 Mn (around INR 133 Cr) in its Series A funding round led by Bertelsmann India Inve... Read More

Amazon's Quick Commerce Gamble Faces Festive Season Litmus Test

India, Sept. 25 -- For more than a decade, India's ecommerce giants Amazon and Flipkart have battled it out every festive season with their mega sale campaigns - the Great Indian Festival and the Big ... Read More

RBI Asks Simpl To Stop Payment Ops After ED Whip

India, Sept. 25 -- The Reserve Bank of India (RBI) has reportedly asked Bengaluru-based fintech startup Simpl to immediately stop all payment operations. The company confirmed the development to Inc42... Read More

RBI Asks Simpl To Stop Payment Ops For Lack Of Licence

India, Sept. 25 -- The Reserve Bank of India (RBI) has reportedly asked Bengaluru-based fintech startup Simpl to immediately stop all payment operations. The company confirmed the development to Inc42... Read More

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