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UPI In April: PhonePe Tightens Grip With Over 47% Market Share

India, May 28 -- IPO-bound PhonePe continued to lead the UPI market in April, processing more than 1,033 Cr transactions during the month. According to NPCI data, the fintech giant processed transact... Read More


[Update] C2i Bags Additional Funding From TDK Ventures To Close Series A At $16.7 Mn

India, May 28 -- Update | May 28, 2026, 14:30 IST C2i Semiconductors raised fresh capital from existing backer TDK Ventures in an extension of its Series A round, taking the total round size to $16.7... Read More


India's Sovereign AI Reality Check

India, May 27 -- India was quick to respond to Sam Altman when he underestimated the country's ability to build something even remotely comparable to ChatGPT during a visit in early 2023. But within ... Read More


Swiggy Signals Reattempt At IOCC Approval After Shareholder Pushback

India, May 27 -- About a week after failing to secure shareholder approval, listed foodtech major Swiggy has signalled that it is working "constructively with all its shareholders to address their con... Read More


Anthropic Ropes In Ex-Microsoft Sangeeta Bavi To Helm Startups, Growth In India

India, May 27 -- Former Microsoft executive Sangeeta Bavi has joined AI startup Anthropic as head of sales, digital natives and startups in India Bavi earlier spent nearly a decade at Microsoft, wher... Read More


Byju Raveendran Sentenced To Six Months' Jail By Singapore Court For Contempt

India, May 27 -- Troubled edtech startup BYJU'S founder Byju Raveendran has reportedly been sentenced to six months in jail by a Singapore court for contempt. According to a Bloomberg report, the cou... Read More


Altimeter Capital Partially Exits Pine Labs Via Rs.211 Cr Block Deal

India, May 27 -- US-based venture capital firm Altimeter Capital has offloaded 1.56 Cr shares in fintech major Pine Labs in a block deal worth Rs.211.08 Cr. As per BSE data, the VC firm, via its hold... Read More


D2C In Repricing Mode, Aequs Bleeds In Q4 & More

India, May 27 -- Indian D2C Brands Rethink Pricing, Margins The war in West Asia has triggered crude oil spikes, packaging shortages and squeezed margins, forcing brands to rework pricing and sourcin... Read More


Ex-CARS24 Exec Himanshu Ratnoo Joins EMotorad As Cofounder

India, May 27 -- Mahendra Singh Dhoni-backed electric bicycle (e-bike) startup EMotorad has roped in former CARS24 India CEO Himanshu Ratnoo as a cofounder. His appointment comes as EMotorad looks to... Read More


Kissht Q4: Profit Zooms 52% YoY To Rs.82 Cr, Revenue Up 68%

India, May 27 -- Recently listed digital lending company Kissht's net profit for the March quarter (Q4 FY26) surged 52% to Rs.82.2 Cr from Rs.54.2 Cr in the previous year quarter. On a sequential basi... Read More