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upGrad-Unacademy Merger Nears Completion

India, July 28 -- Edtech major upGrad is in the final stages of acquiring edtech rival Unacademy in a transaction valued at Rs.1,955 Cr, with the signing process almost complete, as per sources famili... Read More


Krutrim Cuts Nearly Half Of Remaining Workforce In Fresh Layoffs

India, July 28 -- Bhavish Aggarwal-led AI startup Krutrim has reportedly laid off another 20-25 employees in its second round of layoffs this year, with the latest exercise affecting nearly half of it... Read More


Can TakeMe2Space Build The AWS Of Space?

India, July 27 -- When Indian Space Research Organisation's (ISRO) PSLV-C61 rocket lifted off from Sriharikota in January this year, Ronak Samantray believed that the hardest part was behind him. For... Read More


IPO-Bound PhonePe Posts Rs.2,792 Cr Loss In FY26, Revenue Up 11.5% YoY

India, July 27 -- Fintech major PhonePe's net loss widened by 62% in the financial year ended March 2026 (FY26) to Rs.2,792 Cr from Rs.1,727.4 Cr reported in the previous fiscal year, as higher employ... Read More


Can Parliamentary Panel's Latest Recommendations Break Crypto Policy Deadlock?

India, July 25 -- For years, India's approach towards cryptocurrencies has largely revolved around taxation, anti-money laundering (AML) compliance and transaction reporting, while a comprehensive reg... Read More


Fractal, Meesho Slide Over 6% Each After Q1 Results

India, July 24 -- Post the announcement of their financial results for the first quarter of FY27, shares of new-age technology companies Fractal and Meesho slumped over 6% each during the intraday ses... Read More


Flipkart Set To Enter Food Delivery Market In Coming Weeks

India, July 24 -- Walmart-owned ecommerce giant Flipkart is set to enter India's food delivery market in the coming weeks, marking its latest expansion beyond ecommerce and quick commerce. Flipkart G... Read More


Swiggy Caps Foreign Ownership At 49.5% To Become Indian-Owned, Controlled Company

India, July 23 -- In continuation to its attempt at becoming an Indian owned and controlled company (IOCC) Swiggy's board has approved a proposal of capping its aggregate foreign ownership at 49.5%. T... Read More


Edtech Startup Klassroom's IPO To Open On July 31, Price Band Set At Rs.151-159

India, July 23 -- Edtech startup Klassroom's SME IPO will open on July 31 (Friday). The public issue comprises a fresh issue of up to 19.89 Lakh shares and an offer for sale of up to 4.66 Lakh shares.... Read More


Traveltech Startup 30 Sundays Raises Rs.61 Cr To Expand AI-Powered Holiday Planning

India, July 21 -- Traveltech startup 30 Sundays has raised Rs.61 Cr (about $6.7 Mn) in a Series A round led by Bessemer Venture Partners, with participation from existing investors Info Edge Ventures ... Read More