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Meesho's Kirana Ambitions, Battle For Aakash & More

India, June 25 -- Meesho Chases Kirana High Meesho's first acquisition after its IPO appears to be more than a new experiment. By buying Kirana Club for Rs.202 Cr, Meesho, after years of B2C scale, i... Read More


IRDAI's Reform Push That Can Upend Insurance Startups

India, June 25 -- When someone buys car insurance in India, it's generally assumed that most of the premium goes towards insurance coverage. However, this is often not the case. On a Rs.50,000 motor ... Read More


Smartworks Strengthens Singapore Presence With New Acquisition

India, June 25 -- Adding to its bid to double down on the Singapore market, listed coworking major Smartworks' board has now approved a complete buyout of a Singapore-based startup, WorkStudio. The a... Read More


Meesho's Rs.202 Cr Question: Can It Crack India's Kirana Code?

India, June 25 -- Meesho's first acquisition announcement after the ecommerce company went public also marked its foray into B2B retail space from the conventional B2C ecommerce landscape. But what wa... Read More


Centre May Acquire 1-2% Stake In Sarvam Post $300 Mn Raise: Report

India, June 25 -- The central government may end up acquiring a 1-2% stake in AI unicorn Sarvam once its $300 Mn funding round is closed. According to an ET report, the acquisition pertains to comput... Read More


What Changes With RBI's New Directions On Credit On UPI?

India, June 25 -- A few years after launching credit on UPI, the RBI has now reiterated the regulatory framework governing credit on UPI, bringing the rules for pre-sanctioned credit lines in line wit... Read More


Ex-Infosys CEO Vishal Sikka's New AI Venture Hang Ten Bags $32 Mn

India, June 25 -- Former Infosys CEO Vishal Sikka's new AI venture Hang Ten Systems has raised $32 Mn (Rs.302 Cr) in its seed funding round led by private equity (PE) giant Mayfield Ventures. The rou... Read More


Amazon Announces Additional $13 Bn Investment In India To Boost AI, Cloud Infra

India, June 25 -- Amazon CEO Andy Jassy, who is on a visit to India, announced the ecommerce giant's plans to invest an additional $13 Bn in India to scale AI and cloud infrastructure by 2030. This i... Read More


JustAI Bags $17 Mn To Scale Its Agentic Martech Stack

India, June 25 -- AI-powered martech platform JustAI, erstwhile Just Words, has raised $17 Mn (Rs.160.2 Cr) in its Series A funding round led by US-based venture capital (VC) firm Base10, with partici... Read More


Pocket FM Shuts Pocket TV Despite India's Microdrama Boom

India, June 25 -- Audio entertainment platform Pocket FM has shut its microdrama vertical Pocket TV, as it plans to focus on its flagship audio platform. A company spokesperson told Inc42 that the ve... Read More