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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


RBI's Digital Fraud Compensation Rules: Victims To Get Up To Rs.25,000

India, June 25 -- The Reserve Bank of India (RBI) has issued directives to limit the liabilities of customers in cases of unauthorised electronic banking transactions or digital fraud. Customers losi... Read More


MoEngage Acquires US-Based AI Startup Aampe To Scale Agentic Marketing

India, June 24 -- SaaS major MoEngage has acquired San Francisco-based AI infrastructure startup Aampe to strengthen its customer engagement stack. In a statement, MoEngage said Aampe founders Paul M... Read More


India Wants Its AI Talent Back; But What's The Incentive?

India, June 24 -- For decades, India has exported some of its brightest minds to the world's leading research labs. Researchers of Indian origin have helped shape breakthroughs at OpenAI, Google DeepM... Read More


Actis Sells More Pine Labs Shares In Rs.371 Cr Bulk Deal

India, June 24 -- Undertaking a second stake sale within a week, Pine Labs' early backer Actis has now sold 2.39 Cr shares in a block deal worth Rs.371 Cr today. As per BSE bulk deal data, the privat... Read More


Alpha Wave Ventures Exits Delhivery Via Rs.665 Cr Bulk Deals

India, June 24 -- Venture capital (VC) firm Alpha Wave has parsed its stake in logistics major Delhivery by selling shares worth about Rs.665 Cr via multiple bulk deals today. As per bulk deal data o... Read More