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India Tops Global Crypto Adoption For Second Straight Year Despite Regulatory Hurdles & High Taxes

India, Sept. 12 -- As investors navigate the country's stringent regulations and high trading taxes, India continues to lead in global cryptocurrency adoption for the second consecutive year, accordin... Read More


TRAI, DoT Step Up Fight Against Pesky Callers & Fraudsters, Block Over 1 Cr Phone Connections

India, Sept. 12 -- Telecom Regulatory Authority of India (TRAI) and the Department of Telecommunications (DoT) have jointly disconnected over 1 Cr mobile connections to check pesky callers and fraudst... Read More


CCI Finds Flipkart & Amazon India Guilty Of Flouting Antitrust Rules

India, Sept. 12 -- The Competition Commission of India (CCI) has reportedly found ecommerce giants Amazon and Walmart-backed Flipkart guilty of violating competition laws. As per two separate interna... Read More


FIU To Hear Pleas Of Seven Banned Crypto Platforms To Restart India Ops

India, Sept. 12 -- The Finance Ministry's Financial Intelligence Unit (FIU) will reportedly hear the petitions of seven offshore crypto platforms seeking to restart operations in India. Sources told ... Read More


Nykaa Allots INR 15.9 Cr Worth Of Equity Shares Under ESOP Schemes

India, Sept. 12 -- Beauty and fashion ecommerce startup Nykaa has allocated 7.65 Lakh equity shares under its employee stock option (ESOP) schemes. In an exchange filing, the startup said, "We wish t... Read More


Zomato Shares Hit Fresh All-Time High At INR 285.95 Amid Rally In Broader Markets

India, Sept. 12 -- Shares of foodtech major Zomato touched a fresh lifetime high at INR 285.95 apiece on the BSE on Thursday (September 12) amid a rally in the broader markets, with Sensex and Nifty 5... Read More


Newly Turned Unicorn Moneyview Buys Jify To Expand Its Lending Play

India, Sept. 12 -- Lending tech unicorn Moneyview has bought Mumbai-based fintech platform Jify in a share swap deal to expand its offerings. However, the company did not disclose the financial terms ... Read More


Moneyview Turns Unicorn After Raising $4.6 Mn From Accel India, Nexus Ventures

India, Sept. 12 -- Lending tech startup Moneyview has attained the coveted unicorn tag after raising INR 38.6 Cr (about $4.6 Mn) in a equity funding round from Accel India and Nexus Ventures. Earlier... Read More


Vermeil Jewellery Brand Trisu Raises Funding From All In Capital, Others

India, Sept. 12 -- Gurugram-based vermeil jewellery brand Trisu has raised an undisclosed amount in a pre-seed funding round led by All In Capital, along with participation from JK Tyres, Amaanta Grou... Read More


Dharaksha Pockets INR 24.8 Cr From Avaana Capital To Build Biodegradable Packaging Materials

India, Sept. 12 -- Biotech startup Dharaksha Ecosolutions has raised INR 24.8 Cr ($2.95 Mn) in a seed funding round from Avaana Capital. With participation from the Shark Tank India team, Vinners Capi... Read More