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Fintech Unicorn Moneyview Gets SEBI Approval For Rs.1,500 Cr+ IPO

India, July 3 -- Fintech unicorn Moneyview has received SEBI's approval to proceed with its proposed IPO. The regulator issued a final observation letter to the fintech startup on June 29, as per the... Read More


Govt Sends Notices To Telegram & Signal Over Username Feature

India, July 3 -- The Centre has widened its scrutiny of username-based messaging platforms by sending notices to Telegram and Signal, days after directing WhatsApp to pause the rollout of its upcoming... Read More


Paytm Subsidiary Receives Payments Licence From Luxembourg Authorities

India, July 3 -- Paytm has secured a payment institution licence for its step-down Luxembourg-based subsidiary, Paytm Europe Payments S.A. (Paytm Europe), from the Commission de Surveillance du Secteu... Read More


RBI Calls Cryptocurrency A Threat To Economy, Opposes Its Legalisation

India, July 3 -- Reiterating its long-standing opposition to virtual digital assets (VDAs), the RBI told a parliamentary panel that cryptocurrencies pose a threat to the economy and should not be lega... Read More


WhatsApp Username Debate: Will Hiding Phone Numbers Reduce Or Fuel Frauds?

India, July 2 -- Meta's latest WhatsApp feature has landed in a classic catch-22 situation. The company wants to enhance user privacy on the messaging platform by replacing phone numbers with username... Read More


ShareChat Eyes Up To $400 Mn IPO In FY28

India, July 2 -- Social media unicorn ShareChat is looking to raise up to $400 Mn through an initial public offering (IPO) planned for next fiscal year. Manohar Charan, the cofounder and CFO of Share... Read More


BCT Ventures Nets Rs.42 Cr To Build AI-Led Nutrition & Wellness Brands

India, July 2 -- Nutrition and wellness-focused ecommerce startup BCT Ventures has raised Rs.42 Cr ($4.4 Mn) in a seed funding round led by 3one4 Capital. Following the fundraise, the startup has offi... Read More


Sports Retail Brand PlayBlue Bags $2.7 Mn To Expand Into Offline Retail

India, July 2 -- Sports retail startup PlayBlue has secured $2.7 Mn (Rs.25.7 Cr) in a seed funding round co-led by Centre Court Capital and MIXI Global, with participation from WEH Ventures. The star... Read More


Amazon India Launches Probe Into Fatal Fire At Partner Warehouse

India, July 2 -- Ecommerce major Amazon India has reportedly launched an internal investigation into a fire at one of its third-party delivery partner, M&M Logistics Solutions, in Uttarakhand's Haldwa... Read More


Bike Bazaar's Debt Spiral, Dream11 Shuts Fintech Arm & More

India, July 2 -- Crisis At Bike Bazaar Bike Bazaar's lending engine appears to have stalled. With disbursements frozen, ratings cut and securitised pools worsening, the two-wheeler financing platform... Read More