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Elevation Capital Partner Mayank Khanduja Steps Down

India, Jan. 22 -- Mayank Khanduja, partner at Elevation Capital, has quit the venture capital firm after a 15-year stint. In a LinkedIn post, Khanduja said he is taking a break to spend more time wit... Read More


Razorpay Gets RBI Licence For Offline Payment Aggregation

India, Jan. 22 -- Over a month after receiving the Payment Aggregator-Cross Border (PA-CB) licence from the Reserve Bank of India (RBI), fintech major Razorpay has now secured the Payment Aggregator -... Read More


ixigo Back In The Black, Posts INR 24 Cr Profit In Q3

India, Jan. 22 -- Online travel aggregator (OTA) ixigo returned to the black in Q3 FY26, posting a consolidated profit after tax (PAT) of INR 24 Cr. This marked a 55% jump from INR 15.5 Cr PAT in the ... Read More


EV Startup Chargeup Raises INR 22 Cr To Fuel Expansion

India, Jan. 22 -- EV startup Chargeup, which offers battery-as-a-service solutions (BaaS), has raised INR 22 Cr ($2.4 Mn) in a fresh funding round led by IAN Group, with participation from Capital A a... Read More


PhonePe Cofounders Sold Shares Worth INR 4,000 Cr To General Atlantic In September

India, Jan. 22 -- Ahead of its planned public listing, PhonePe's cofounders Sameer Nigam and Rahul Chari sold a portion of their shareholding to PE firm General Atlantic in September last year, the fi... Read More


Karnataka HC Stays ED Investigation Against Gameskraft

India, Jan. 22 -- The Karnataka High Court has stayed the Enforcement Directorate (ED) investigation against real money gaming (RMG) startup Gameskraft following a plea filed by the company yesterday.... Read More


Tiger Global Tax Case: SPF Seeks Certainty, Predictability For Investors

India, Jan. 22 -- Following the Supreme Court's ruling against Tiger Global in the capital gains tax case pertaining to the investor's stake sale in Flipkart, Startup Policy Forum (SPF) has called on ... Read More


Tiger Global Tax Case: SPF Seeks Tax Certainty, Predictability For Investors

India, Jan. 22 -- Following the Supreme Court's ruling against Tiger Global in the capital gains tax case pertaining to the investor's stake sale in Flipkart, Startup Policy Forum (SPF) has called on ... Read More


360 ONE Asset Launches INR 1,500 Cr Fund For Defence Tech, Spacetech Investments

India, Jan. 22 -- In a bid to broaden its investment portfolio, 360 ONE Asset, a wholly-owned subsidiary of 360 ONE WAM, has now launched a multi-stage defence tech and spacetech early stage VC fund. ... Read More


Shadowfax IPO: Issue Subscribed 67% On Day 3 So Far

India, Jan. 22 -- Logistics major Shadowfax's IPO was subscribed 67% as of 12:25 IST on the third day of bidding. The public issue received bids for 5.98 Cr shares against 8.9 Cr shares on offer. Ret... Read More