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[Update] JFS Incorporates JV With Allianz To Foray Into General Insurance Segment

India, May 13 -- Update | May 13, 2026,16:15 IST Jio Financial Services (JFS) and Allianz have incorporated their joint venture, Jio Allianz General Insurance Limited (JAGIL), to operate a general in... Read More


Uber To Set Up Data Centre In India In Partnership With Adani Group

India, May 13 -- Ride-hailing giant Uber is setting up its first data centre in India, in partnership with Adani Group, in a major expansion of its technology and innovation footprint in the country. ... Read More


Flipkart Faces 18% GST On Delivery Charges After Relief Bid Fails

India, May 13 -- Walmart-owned Flipkart suffered a setback after the West Bengal Appellate Authority for Advance Ruling (WBAAAR) reportedly struck down a proposed structure that sought GST exemption o... Read More


Zoho Invests Rs.70 Cr In ONDC To Back Sovereign Tech Infrastructure

India, May 13 -- SaaS major Zoho has invested Rs.70 Cr (about $7.3 Mn) in the Open Network for Digital Commerce (ONDC) to support India's digital commerce infrastructure and increase digital commerce ... Read More


Housing Finance Startup Nivasa Finance Raises Rs.25 Cr

India, May 13 -- Housing finance platform Nivasa Finance has secured Rs.25 Cr (about $2.6 Mn) in its seed funding round from Prime Venture Partners, Blume Ventures, Whiteboard Capital, and a group of ... Read More


Raise Financial Acquires Greenlife Insurance Broking

India, May 13 -- Weeks after acquiring algo-trading platform Stratzy, fintech unicorn and Dhan parent Raise Financial Services has acquired GreenLife Insurance Broking Pvt Ltd (GIBL) in a cash-and-sto... Read More


How SportVot Is Taking Live Sports Streaming To Grassroots

India, May 13 -- The era of stratospheric price tags on sports media rights may finally have hit a ceiling. Even amid the sale of IPL franchises for eye-popping figures, the IPL's valuation may have h... Read More


Why Indian Startups Don't Want To Go Remote Again

India, May 13 -- Prime Minister Narendra Modi's recent advisory urging companies to adopt work from home (WFH) amid the ongoing West Asia conflict has triggered concern across corporate India, includi... Read More


After Lock-In Expiry, Backers Sell Groww Shares Worth Rs.5,326 Cr

India, May 12 -- As Groww's six month IPO lock-in period expired today, existing investors sold the fintech major's shares worth Rs.5,325.8 Cr via multiple open market transactions. As per NSE data, ... Read More


MobiKwik Posts Rs.4.4 Cr Profit In Q4, Revenue Up 8% YoY

India, May 12 -- Fintech company MobiKwik reported a consolidated net profit of Rs.4.4 Cr in the fourth quarter of FY26 (Q4 FY26) as against a loss of Rs.56 Cr in the year-ago quarter. Sequentially, p... Read More