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RBI Recognises Sahamati as SRO for Account Aggregator Ecosystem

India, June 5 -- The Reserve Bank of India (RBI) has recognised Sahamati Foundation as the Self-Regulatory Organisation (SRO) for India's account aggregator (AA) ecosystem. As an AA SRO, Sahamati wil... Read More


The AI Bill Is Coming Due: GitHub's Copilot Move Has Startups On Alert

India, June 5 -- From June 1, the code repository platform GitHub moved its Copilot AI-coding assistant from a flat subscription-based model to a usage-based model. The usage here will be measured bas... Read More


Ads In The AI Age, The Bear House's Prowl & More

India, June 5 -- Advertising In The AI Age The Rs.30 Lakh trademark fine on Google in the Hindware case may be modest, but the ruling lands at a moment when AI is rebuilding search advertising. As ke... Read More


Cybersecurity Startup Innefu Labs Raises $30 Mn From Panthera Growth Partners

India, June 5 -- AI-powered cybersecurity startup Innefu Labs has raised $30 Mn (about Rs.285.2 Cr) in its Series B funding round led by Singapore-based growth equity firm Panthera Growth Partners. T... Read More


AirTrunk To Invest $30 Bn In India To Set Up 5 GW Data Centre

India, June 5 -- Global hyperscale data company AirTrunk plans to invest $30 Bn (nearly Rs.3 Lakh Cr) to develop over 5 GW of data centres in India by 2030, making the country a central part of its gl... Read More


RENEE Cosmetics' Revenue Crosses Rs.400 Cr Mark In FY26, Loss Down 46% YoY

India, June 5 -- Beauty and personal care (BPC) startup RENEE Cosmetics' cofounder and CEO Ashutosh Valani told Inc42 that the brand cut its FY26 net loss by 46% to Rs.36 Cr from Rs.67 Cr incurred in ... Read More


Meta Rolls Out Instagram Plus Amid Broader Monetisation Push

India, June 5 -- Tech giant Meta has rolled out "Instagram Plus", a new paid subscription for its popular social media platform Instagram that offers users exclusive features focused on deeper engagem... Read More


VinFast's EV Ride Hailing Business Green SM Enters India

India, June 5 -- VinFast parent Vingroup-owned electric mobility arm Green SM has entered the Indian market with the launch of Green SM Limo, an electric cab service, in Delhi NCR today. The electric... Read More


Peak XV Partners Offloads Go Digit Shares Worth Rs.100 Cr

India, June 5 -- Go Digit General Insurance's early backer Peak XV Partners has sold 33.3 Lakh shares of the insurtech major in a block deal worth Rs.100 Cr. As per NSE data, the investment giant sol... Read More


Friale Sells Groww Shares In Rs.210 Cr Block Deal

India, June 5 -- US-based early stage investment firm Friale yesterday sold 1.13 Cr shares of fintech major Groww in a block deal worth Rs.210.4 Cr. As per BSE data, Friale, via its Friale Fund IV LL... Read More