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IPO-Bound PhonePe Posts Rs.2,792 Cr Loss In FY26, Revenue Up 11.5% YoY

India, July 27 -- Fintech major PhonePe's net loss widened by 62% in the financial year ended March 2026 (FY26) to Rs.2,792 Cr from Rs.1,727.4 Cr reported in the previous fiscal year, as higher employ... Read More


CBDT Guidance Brings Operational Clarity To Crypto Exchanges

India, July 27 -- In a bid to address the taxation related complexities of crypto trading in India, the Central Board of Direct Taxes (CBDT) issued new guidelines clarifying the reporting and due dili... Read More


CBDT's Crypto Asset Reporting Guidance Raises Compliance Bar For Exchanges

India, July 27 -- In a bid to address the taxation related complexities of crypto trading in India, the Central Board of Direct Taxes (CBDT) issued a new guidance outlining the reporting and due dilig... Read More


Bombay HC Allows Nitin Gadkari To Sue Meta, Google, X Over Circulation Of Deepfakes

India, July 27 -- The Bombay High Court has granted Union minister Nitin Gadkari permission to institute a civil suit against Meta, Google, X and other entities over the alleged circulation of AI-gene... Read More


Deepinder Goyal's Temple's Valuation Doubles To $375 Mn: Report

India, July 27 -- Former Eternal CEO Deepinder Goyal's wearable startup Temple has reportedly almost doubled its valuation to $375 Mn and launched its first employee stock ownership plan (ESOP) liquid... Read More


Bombay Shaving Company Claims Adjusted EBITDA Profitability In FY26, Loss Narrows 97%

India, July 27 -- D2C grooming and personal care brand Bombay Shaving Company's parent entity Visage Lines Personal Care claimed adjusted EBITDA profitability in FY26 as it sharply narrowed its loss w... Read More


EV Manufacturer Omega Seiki Nets Rs.50 Cr To Expand Capacity

India, July 27 -- Electric vehicle manufacturer Omega Seiki Mobility (OSM) has secured Rs.50 Cr ($5.2 Mn) in a fresh funding round from Saket Aggarwal Family Office, Securocorp Securities, angel inves... Read More


Infosys Cofounder Nandan Nilekani To Lead PM Modi's Exam Reforms Task Force

India, July 27 -- Prime Minister Narendra Modi has constituted a high-powered task force, headed by Infosys cofounder Nandan Nilekani, to recommend reforms aimed at making India's public examination s... Read More


Flipkart's Digital Mall Now Has A Food Court

India, July 26 -- When Flipkart entered quick commerce last year, many were sceptical of the move, as the ecommerce giant was seen as a day late and a dollar short. The market was already dominated by... Read More


From Zetwerk To Veriqus - Indian Startups Raised $209 Mn This Week

India, July 25 -- Indian startup funding slowed in the fourth week of July. Between July 18 and July 24, Indian startups cumulatively raised about $209.1 Mn, down 26% from the $281.4 Mn raised in the ... Read More