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NPCI Unveils New MDR-Funded Scheme To Promote UPI Among Small Merchants

India, Nov. 12 -- The National Payments Corporation of India (NPCI) has introduced a new scheme to expand UPI acceptance among small merchants. Under the new initiative, the payments body will offer i... Read More


GoKwik's ESOP Twist, New CEO At Unacademy & More

India, Nov. 12 -- GoKwik's Golden Handcuffs GoKwik has added a contentious twist to its ESOP policy. Under the new rules, current and former employees could forfeit their unvested and vested-but-unex... Read More


Jensen Huang Resigns As CEO Of Chipmaker NVIDIA

India, Nov. 12 -- Jensen Huang has reportedly resigned as the chief executive officer (CEO) of chipmaker NVIDIA. This brings the curtains down on Huang's 33-year old tenure as the head of NVIDIA, the ... Read More


PlayBlue Taps KL Rahul As Investor, Eyes 100-Store Sports Retail Network

India, Nov. 12 -- Sports retail startup PlayBlue has onboarded cricketer KL Rahul as an investor and brand ambassador days ahead of launching its flagship store in Bengaluru. PlayBlue is set to open a... Read More


Turtlemint Trims Q2 Loss By 67% YoY To Rs.26 Cr, Revenue Surges 35%

India, Nov. 12 -- Insurtech company Turtlemint managed to cut its consolidated net loss for the September quarter (Q2 FY27) by 67% to Rs.25.8 Cr from Rs.78.5 Cr in the year-ago period. On a sequentia... Read More


OpenAI Brings API Inference Residency To India To Deepen Enterprise AI Adoption

India, Nov. 12 -- ChatGPT maker OpenAI has introduced local inference and data processing for its APIs in India, adding to its efforts to expand the commercialisation of ChatGPT in its largest market.... Read More


Exclusive: Sofina To Lead PlatinumRx's $32 Mn Funding At $200 Mn Valuation

India, Nov. 12 -- Online pharmacy startup PlatinumRx is in talks to raise around $32 Mn (over Rs.300 Cr) in a funding round led by Belgium-based investment giant Sofina Ventures, as per sources famili... Read More


Ola Electric Q2 Loss Down 13% To Rs.362 Cr, Revenue Dips 39%

India, Nov. 12 -- EV maker Ola Electric reported a 13% year-on-year (YoY) decline in its consolidated net loss to Rs.362 Cr in the September quarter (Q2 FY27), compared with Rs.418 Cr in the year-ago ... Read More


AI, Financial Services, Better Connections: Kunal Shah Outlines Three Priorities For WhatsApp

India, Nov. 11 -- Under its new global head Kunal Shah, WhatsApp is looking to expand beyond messaging. In a social media post, Shah said that the Meta-owned platform would focus on making services su... Read More


Can Indian Startups Win The AI Inference Race?

India, Nov. 11 -- Nations worldwide have spent the last few years obsessing over bigger models and the compute power needed to train them. However, as models move into everyday products, it is becomin... Read More