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[Update] Peak XV Exits MobiKwik With Rs.130 Cr Block Deal

India, April 28 -- Update | April 29, 11:00 IST Peak XV offloaded 62.15 Lakh shares of MobiKwik at a price of Rs.214 apiece via a block deal yesterday, BSE data showed. With this, the investor comple... Read More


Peak XV Exits MobiKwik With Rs.130 Cr Block Deal: Report

India, April 28 -- VC firm Peak XV Partners has exited listed fintech major MobiKwik through a Rs.130 Cr (about $13.8 Mn) block deal, a day after the fintech company received NBFC licence from the cen... Read More


Centre Mulls Sovereign Cloud Mandate For Critical Sectors

India, April 28 -- The Centre is mulling a mandate requiring companies in critical sectors such as energy, telecommunications, and financial services to run their core digital infrastructure only on '... Read More


Announcing Inc42 AI Summit 2026: 600+ Founders & Leaders, Zero Fluff, All About Shipping AI In India

India, April 27 -- India's AI ecosystem is no longer in its experimental phase. A new generation of startups and enterprises have moved from exploring artificial intelligence to actively deploying it ... Read More


Paytm Tanks 8% After RBI Revokes Payments Bank Licence

India, April 27 -- Shares of fintech major Paytm fell as much as 8.37% during the intraday trading today, touching a low of Rs.1,051.05, after the RBI cancelled the licence of Paytm Payments Bank. Th... Read More


Kissht Parent OnEMI's IPO To Open On April 30, Price Band Set At Rs.162-171

India, April 27 -- Lending tech startup Kissht's parent OnEMI Technology Solutions has filed its red herring prospectus (RHP) for a Rs.922 Cr IPO, The offering will open for bidding on April 30 (Thurs... Read More


Exclusive: Morphing Machines Raises Rs.42 Cr To Close Series A Round At Rs.80 Cr

India, April 27 -- Semiconductor startup Morphing Machines has raised about Rs.42 Cr (about $4.4 Mn) in the second tranche of its Series A funding round to close the fundraise at Rs.80 Cr. The Indian ... Read More


Petpooja On Taxmen's Radar, Pine Labs Acquires Shopflo & More

India, April 27 -- Petpooja & The Trail Of Missing Bills India's restaurant tech ecosystem is under scrutiny, as tax officials have uncovered evidence of eateries erasing bills to evade taxes. In the... Read More


Unicommerce Q4: Profit Rises Marginally To Rs.3.4 Cr

India, April 27 -- Ecommerce-focused SaaS company Unicommerce reported a 3% rise in its consolidated net profit to Rs.3.4 Cr in Q4 FY26 from Rs.3.3 Cr in the year-ago quarter. On a sequential basis, n... Read More


Jio Financial's Missing Edge

India, April 27 -- Whenever Reliance Industries Limited (RIL) enters a new sector, its script is almost pre-written: scale aggressively and disrupt eventually. However, the narrative has started to fa... Read More