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Talks On MDR On UPI At A Premature Stage: RBI Governor Sanjay Malhotra

India, Aug. 5 -- Amid heated debate over the imposition of merchant discount rates (MDR) on UPI transactions, the Reserve Bank of India's (RBI) governor Sanjay Malhotra has informed that talks of the ... Read More


Reliance Retail Acquires Fashion Discovery Platform Furrl

India, Aug. 5 -- Reliance Retail (RRVL) has acquired Bengaluru-based fashion discovery platform Furrl in an all-cash deal for an undisclosed sum, bringing the startup's proprietary AI styling platform... Read More


Nykaa's Q1 Snapshot, Klassroom Wraps Up IPO & More

India, Aug. 5 -- Nykaa's Stellar Q1 Nykaa fired on all cylinders in Q1. The quarter saw the beauty ecommerce giant clock a three-fold jump in profits, expand margins and increase its footprint. Meanw... Read More


ArisInfra Q1 Profit Surges 4X YoY To Rs.20 Cr, Revenue Grows By 37%

India, Aug. 5 -- B2B ecommerce company ArisInfra Solutions recorded a consolidated profit after tax (PAT) of Rs.20 Cr in Q1 FY27, nearly 4X of its PAT of Rs.5.1 Cr in the year-ago period. On a sequen... Read More


Exclusive: Pain Care Startup Zanskar In Talks To Raise $6 Mn In Round Led By Bessemer

India, Aug. 5 -- Delhi NCR-based pain care startup Zanskar is in talks to raise about $6 Mn in a fresh funding round led by Bessemer Venture Partners, sources told Inc42. The discussions are ongoing ... Read More


Exclusive: AC Maker Optimist In Talks To Raise $10 Mn From TDK Ventures

India, Aug. 5 -- Delhi NCR-based cooling solutions startup Optimist is in talks to raise about $10 Mn in a fresh funding round from TDK Ventures, sources told Inc42. TDK Ventures, the corporate ventu... Read More


PB Fintech Q1 Profit Doubles YoY To Rs.163 Cr, Revenue Jumps 40%

India, Aug. 5 -- PolicyBazaar parent PB Fintech's net profit almost doubled YoY to Rs.162.9 Cr in the June quarter (Q1 FY27) from Rs.84.7 Cr in the same quarter last year. Sequentially, the company's... Read More


[Update] Zuckerberg Apologises Over PM Modi Video Takedown, Child Sexual Abuse Material

India, Aug. 5 -- Original | August 05, 17:27 IST Hours after the MP Nishikant Dubey-led parliamentary panel warned Meta over its content moderation practices, CEO Mark Zuckerberg has reportedly apolo... Read More


[Update] Zuckerberg Apologises Over PM Modi Video Takedown, CSAM Ads, Deepfakes

India, Aug. 5 -- Original | August 05, 17:27 IST Hours after the MP Nishikant Dubey-led parliamentary panel warned Meta over its content moderation practices, CEO Mark Zuckerberg has reportedly apolo... Read More


[Update] Mark Zuckerberg Issues Apology After Parliamentary Panel Warning

India, Aug. 5 -- Original | August 05, 17:27 IST Hours after the MP Nishikant Dubey-led parliamentary panel warned Meta over its content moderation practices, CEO Mark Zuckerberg has reportedly apolo... Read More