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Upskilling Startup Weskill Nets Funding To Fuel Its AI-Driven Product Offering

India, March 12 -- Bengaluru-based upskilling platform Weskill has secured an undisclosed amount in a pre-seed funding round from a clutch of high-net-worth individuals (HNIs) and strategic investors ... Read More


Simple Energy Expands EV Two-Wheeler Portfolio With Simple OneS

India, March 12 -- Clean energy startup Simple Energy has expanded its EV two-wheeler product line with the launch of its new electric scooter Simple OneS. The electric scooter, priced at INR 1.40 La... Read More


Paytm Says Profitability Is Around The Corner, But What's The True Picture?

India, March 12 -- Is the Paytm jigsaw falling into place? Perhaps, at least going by the words of Vijay Shekhar Sharma, the founder of the embattled startup. Once the poster boy of India's startup e... Read More


Uber India To Deploy 1,000 EVs By 2026

India, March 12 -- Ride hailing giant Uber has reportedly partnered with Chennai-based Refex Green Mobility to deploy 1,000 electric four wheelers across key Indian cities by 2026. As per news agency... Read More


Energy Storage Startup AmpereHour Energy Bags $5 Mn

India, March 12 -- Pune-based energy storage solutions provider AmpereHour Energy has raised $5 Mn (about INR 43.5 Cr) in its Series A funding round led by Avaana Capital, with participation from UC I... Read More


Cornerstone Ventures Exits CreditNirvana With Over 55% Returns

India, March 12 -- Venture capital (VC) firm Cornerstone Ventures said it has exited AI-powered debt collection startup CreditNirvana, marking its third exit. In a statement, the VC firm said that it... Read More


Govt Recommends Setting Up AI Governance Board To Review & Authorise AI Apps

India, March 12 -- The Ministry of Electronics and Information Technology (MeitY) has recommended setting up a dedicated artificial intelligence (AI) governance board to review and authorise AI applic... Read More


Ola Electric Says Cost-Cutting Initiatives Helping Save INR 90 Cr Per Month

India, March 12 -- Bhavish Aggarwal-led Ola Electric has said that its cost-cutting initiatives are helping it reduce the cash burn by INR 90 Cr per month. In a statement, the company said that it ha... Read More


Paytm Expands ESOP Pool With Grant Of 1.09 Lakh Stock Options

India, March 11 -- Fintech giant Paytm has expanded its employee stock options pool with the grant of 1.09 Lakh stock options. In an exchange filing on Tuesday (March 11), Paytm said, ". the nominati... Read More


Banks Call For Return Of MDR On UPI, RuPay Debit Cards

India, March 11 -- With digital payments on the rise in the country, bankers have reportedly sent a proposal to the Centre for the reintroduction of merchant discount rate (MDR) on transactions made t... Read More