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Pine Labs To Appoint Avendus Capital's Sameer Kamath As CFO

India, July 2 -- In the run up to the IPO, Pine Labs is roping in Sameer Kamath as its new chief financial officer, according to an ET report. This comes just days after the startup filed its draft re... Read More


Loopworm Nets $3.3 Mn To Manufacture Recombinant Proteins

India, July 2 -- Biotech startup Loopworm has raised $3.3 Mn (about INR 28 Cr) in its pre-Series A funding round co-led by existing backer WaterBridge Ventures and Japanese VC firm Enrission India Cap... Read More


Data Centre Infra Management Startup CIMware Bags $2.3 Mn

India, July 2 -- Data centre infrastructure management (DCIM) startup CIMware has raised $2.3 Mn (about INR 20 Cr) in a Pre-Series A funding round from Transition VC. The Bengaluru-based startup plan... Read More


UPI Transactions See Marginal Dip To 18.40 Bn In June

India, July 1 -- The Unified Payments Interface (UPI) transactions saw a marginal dip to 18.40 Bn in June from an all-time high of 18.68 Bn in the previous month. On a year-on-year basis, the transact... Read More


Meta Mandates SEBI Verification For Investment Ads In India

India, July 1 -- Meta Platforms, the parent entity of social media platforms Facebook, Instagram and WhatsApp, has reportedly mandated Securities and Exchange Board of India (SEBI) registration verifi... Read More


Telangana Govt To Launch Digital Public Infra For AI

India, July 1 -- The Telangana government, in partnership with the Japan International Cooperation Agency (JICA), will reportedly launch India's first state-led digital public infrastructure (DPI) for... Read More


Centre Clears The Path For Bike Taxi Operations

India, July 1 -- Amid growing debate over the legitimacy of bike taxi aggregators in India, the central government has revised the 'Motor Vehicles Aggregator Guidelines 2020' to allow operations of bi... Read More


CCI Approves GIC's Investment In IPO-Bound Groww

India, July 1 -- In the run up to Groww's IPO, the Competition Commission of India (CCI) has approved Singapore sovereign fund GIC's stake acquisition in the fintech unicorn. In a statement, the CCI ... Read More


Decoding IPO-Bound Pine Labs' Revenue Model

India, July 1 -- As has been the case with most of the IPO-bound new-age tech companies, fintech major Pine Labs turned profitable in the first nine months of FY25 (9M FY25). The company reported a ne... Read More


Losing Ground To Blinkit And Zepto, Can Amazon Reclaim Its Prime Edge?

India, July 1 -- Is Now the time for Amazon? Only time will tell. After three earlier attempts, Amazon took off yet again to hit India's rapidly growing quick commerce turf with Amazon Now, after a m... Read More