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Delhi HC Seeks Centre's Response On A PIL Seeking Ban On Deepfake Apps

India, May 9 -- The Delhi High Court (HC) on Wednesday (May 8) reportedly sought responses from the Centre on a public interest litigation (PIL) that seeks directions to block public access to apps an... Read More


RBI Guv Discusses Plans To Expand UPI Offerings, Address Challenges Faced By Fintechs

India, May 9 -- RBI Governor Shaktikanta Das, on Wednesday (May 8), held a meeting with major stakeholders of the unified payments interface (UPI) ecosystem to discuss strategies for expanding digital... Read More


FrontRow Cofounder Ishan Preet Singh Rejoins Lightspeed India As Investor

India, May 9 -- Beleaguered edtech startup FrontRow's cofounder Ishaan Preet Singh has rejoined venture capital (VC) firm Lightspeed India as an investor. Singh made the announcement in a LinkedIn po... Read More


BYJU'S Slashes Product Prices, Revamps Sales Model

India, May 8 -- Amid the ongoing churn at BYJU'S, the troubled edtech major has reportedly "significantly" slashed the prices of its products and revamped its sales model. Sources told Business Stand... Read More


SoftBank In Talks To Double Down On Software Portfolio Firm Icertis

India, May 8 -- In the Indian startup ecosystem, SoftBank is making its moves yet again. The multinational conglomerate is in early discussions to double down on its existing software portfolio firm I... Read More


Listed Fintech SaaS Zaggle Reappoints Avinash Ramesh Godkhindi As MD & CEO

India, May 8 -- Listed fintech startup Zaggle has announced the reappointment of Avinash Ramesh Godkhindi as its managing director and chief executive officer. Godkhindi has been at the helm of the f... Read More


SEBI Mandates Social Media Disclosures For Investment Advisors

India, May 8 -- In a recent circular issued on May 7, India's securities and commodities market regulator, Securities and Exchange Board of India (SEBI), has mandated that investment advisors (IAs) di... Read More


Exclusive: Unacademy's PrepLadder Lays Off 145 Employees In Sales Strategy Rejig

India, May 8 -- Unacademy Group's medical entrance test prep platform PrepLadder has undergone another round of layoffs as the company shifts its sales strategy. This is the company's third round of ... Read More


India Needs To Prioritise Citizen-First AI Models, Says Nandan Nilekani

India, May 8 -- Nandan Nilekani, cofounder and chairman of Infosys, on Wednesday, said India needs artificial intelligence (AI) applications that benefit all citizens, instead of businesses competing ... Read More


TBO Tek IPO Subscribed 1.15X On Day 1; Motilal Oswal Recommends Subscription

India, May 8 -- The initial public offering (IPO) of B2B travel portal Travel Boutique Online or TBO Tek was subscribed 1.15X on the first day of bidding on Wednesday (May 8). According to BSE data, ... Read More