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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


EV Startup River Mobility Bags $120 Mn To Expand Manufacturing Capacity

India, Aug. 5 -- Electric two-wheeler manufacturer River Mobility has raised $120 Mn (about Rs.1,141 Cr) in its Series C funding round co-led by Elev8 Venture Partners and Claypond Capital. The round ... Read More


Digital Arrest Scams: SC Directs RBI To Create Bank SOPs, Pushes For Victim Compensation Framework

India, Aug. 5 -- Amid growing instances of digital scams, the Supreme Court (SC) has directed the Reserve Bank of India (RBI) to strengthen measures against the growing threat by introducing a standar... Read More


Tracxn Reports Rs.3 Cr Loss In Q1, Revenue Flat At Rs.21 Cr

India, Aug. 5 -- Market intelligence platform Tracxn reported its fourth consecutive loss-making quarter, reporting a net loss of Rs.3 Cr in the June quarter (Q1 FY27). While the company's loss swelle... Read More


OfBusiness Set To File DRHP For $800 Mn IPO By Mid-November

India, Aug. 5 -- B2B ecommerce unicorn OfBusiness is looking to revive its IPO plans amid improvement in equities market condition. Sources told Inc42 that the SoftBank-backed startup will be looking ... Read More


Bombay HC Directs Meta, Google To Take Down Defamatory Content Against Union Minister Nitin Gadkari

India, Aug. 5 -- The Bombay High Court (HC) on Wednesday (August 5) reportedly directed Meta, Google and other intermediaries to take down allegedly defamatory and AI-generated deepfake content target... Read More


Ola Electric Shares Jump 10% After Signing BESS MoU With Axis Energy

India, Aug. 5 -- Shares of Ola Electric climbed as much as 10.4% to an intraday high of Rs.42.55 on the BSE today after the EV maker announced its first large-scale partnership for its upcoming commer... Read More