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Lok Sabha Passes Taxation Laws Amendment Bill, Clearing Path To Levy MDR On UPI Payments

India, Aug. 6 -- The Lok Sabha on Thursday (August 6) passed the bill amending the Taxation and Other Laws (Amendment) Bill, 2026, to further amend the Payment and Settlement Systems Act, 2007. The am... Read More


Fisdom Cofounders Set To Exit Groww A Year After $150 Mn Acquisition

India, Aug. 6 -- Wealth management startup Fisdom's cofounders Subramanya SV and Anand Dalmia are set to exit Groww upon completing a one-year planned transition, following the listed fintech major's ... Read More


Wakefit Q1 Profit Increases 19% YoY To Rs.23.4 Cr, Revenue Crosses Rs.400 Cr

India, Aug. 6 -- Mattress maker Wakefit saw its net profit for the June quarter (Q1 FY27) increase 19% to Rs.23.4 Cr from Rs.19.6 Cr in the year-ago quarter. Sequentially, the company's profit plunged... Read More


Meta's Zuck Apologises, PB Fintech Roars In Q1 & More

India, Aug. 6 -- Meta In Choppy Waters After being pulled up by the Centre over content moderation lapses, including the recent removal of PM Narendra Modi's Facebook video, Meta CEO Mark Zuckerberg ... Read More


Reliance Brands Brings Kim Kardashian's SKIMS to India

India, Aug. 6 -- Reliance Brands Ltd (RBL), the luxury retail arm of Reliance Retail, has partnered with celebrity Kim Kardashian's shapewear and lifestyle brand SKIMS to launch the label in India. T... Read More


AAP Chief Alleges Meta Restricted His Account; Sources Say Action Limited To A Post

India, Aug. 6 -- Aam Aadmi Party (AAP) chief and former Delhi chief minister Arvind Kejriwal has alleged that Meta restricted his Instagram account in India without providing an explanation, urging th... Read More


Exclusive: Practo In Talks To Acquire Healthtech SaaS Startup HealthPlix

India, Aug. 6 -- Healthtech startup Practo is in talks to acquire healthtech SaaS startup HealthPlix in what seems to be a distress sale, sources told Inc42. The deal is expected to be finalised for ... Read More


[Update] Exclusive: Practo In Talks To Acquire Healthtech SaaS Startup HealthPlix

India, Aug. 6 -- Update | August 06, 23:11 IST Update: Hours after the story was published, Healthplix's cofounder Sandeep Gudibanda said the startup is not in any talks for acquisition. He told Inc... Read More


ixigo Q1 Profit Surges 81% YoY To Rs.34.2 Cr, Revenue Up 13%

India, Aug. 6 -- Traveltech company ixigo reported an 81% jump in its consolidated net profit for the June quarter (Q1 FY27) to Rs.34.2 Cr from Rs.18.9 Cr in the previous year's quarter. Sequentially,... Read More


Solinas Integrity Snags $5.5 Mn To Scale Robotics Solutions Across Global Markets

India, Aug. 6 -- Robotics startup Solinas Integrity raised $5.5 Mn (Rs.52.4 Cr) in its Series A1 funding round co-led by Mela Ventures and Hero Enterprise Family Office. The round also saw participati... Read More