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[Update] Exclusive: LISSUN Raises Rs.48 Cr To Expand Child Development Centre Network

India, Aug. 18 -- Update| August 18, 12:50 IST Child development-focused healthtech startup LISSUN has raised Rs.48 Cr (about $5 Mn) in a Series A funding round led by Colossa Ventures. The round al... Read More


Colgate Turns To Bombay Shaving Company To Fix Palmolive's D2C Play

India, Aug. 18 -- Colgate-Palmolive India has partnered with D2C startup Bombay Shaving Company to drive the D2C and ecommerce business of its personal care brand Palmolive, as the FMCG major looks to... Read More


Karnataka HC Quashes Sessions Court Orders To Defreeze Jar's Accounts

India, Aug. 17 -- The Karnataka High Court has quashed three Sessions Court orders directing the release of gold and silver and defreezing of bank accounts linked to wealthtech startup Jar. A bench o... Read More


Zaggle Plunges 20% To Hit Lower Circuit After Q1 Profit Slump

India, Aug. 17 -- Shares of fintech SaaS company Zaggle Prepaid Ocean Services plunged 20% during the intraday trading today to Rs.160.45 apiece, hitting their lower circuit and a 52-week low after th... Read More


When A Sale 'Dies': Did Flipkart's Dark Humour Go Too Far?

India, Aug. 17 -- Flipkart wanted to draw attention to the final day of its Freedom Sale. Instead, its obituary-style print advertisement has triggered a debate over dark humour and how far brands sho... Read More


PharmEasy Claims To Be Debt Free After Paring More Stake In Thyrocare

India, Aug. 17 -- PharmEasy parent API Holdings claims to have become debt free, after repaying Rs.1,050 Cr in outstanding debt by selling a portion of its stake in Thyrocare Technologies and internal... Read More


Govt Clears 31 More Electronics Manufacturing Projects Worth Rs.7.9K Cr

India, Aug. 17 -- The Ministry of Electronics and Information Technology (MeitY) has approved 31 new applications under the Electronics Component Manufacturing Scheme (ECMS), amounting to a cumulative... Read More


The RDI Fund Row, PM's I-Day Address & More

India, Aug. 17 -- India's Deeptech Fund Hits A Hurdle India's Rs.1 Lakh Cr RDI fund promised to unlock patient capital for deeptech startups. However, its maiden allocation has sparked concerns of op... Read More


Sunil Mittal To Step Down As Airtel Payments Bank Chairman, Shabnam Sinha To Take Over

India, Aug. 17 -- Sunil Bharti Mittal is set to step down as the non-executive chairman of Airtel Payments Bank and leave its board after serving in the role for more than a decade. His tenure will c... Read More


Exclusive: Peak XV Alum Saksham Mittal's Corpus Labs In Talks To Raise Funding From Stellaris

India, Aug. 17 -- Former Peak XV Partners analyst Saksham Mittal's wealthtech startup Corpus Labs is in talks to raise pre-seed funding from Stellaris Venture Partners, sources told Inc42. While Inc4... Read More