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Microsoft-Nayara Energy Case Exposes India Inc's Cloud Vulnerability

India, Aug. 6 -- On July 22, Microsoft abruptly suspended cloud services to Indian refining and marketing company Nayara Energy without any warning or explanations. Nayara Energy was left without acc... Read More


Jeh Aerospace Bags $11 Mn From Elevation, General Catalyst

India, Aug. 5 -- Aerospace manufacturer Jeh Aerospace has raised $11 Mn (around INR 100 Cr) in a Series A funding round led by Elevation Capital, with participation from existing investor General Cata... Read More


Fibe Secures INR 225 Cr Debt To Expand Lending Play

India, Aug. 5 -- Digital lending platform Fibe has raised INR 225 Cr (about $25 Mn) in debt from a host of financial institutions, including Franklin Templeton Alternative Investments Fund, India. Fi... Read More


Delhivery Shares Hit Fresh 52-Week High

India, Aug. 4 -- Shares of Delhivery jumped 6.38% to INR 457.30 apiece on the BSE today, touching a fresh52-week high. Last week, the Delhi NCR-based company reported its financial results for Q1 FY2... Read More


CEO Tim Cook Says Apple Saw Double-Digit Growth In iPhone, Mac & Services In India

India, Aug. 1 -- Apple chief executive Tim Cook has said that the company saw a jump in growth during April-June quarter, with India delivering revenue records catapulted by double-digit gains across ... Read More


JioStar's Chief Revenue Officer Ajit Varghese Quits

India, July 31 -- Reliance-backed media giant JioStar's chief revenue officer (CRO) Ajit Varghese has stepped down from his role. He is now slated to join as the group CEO of media agency Madison Medi... Read More


Inflection Point Launches $110 Mn Angel Fund From GIFT City

India, July 31 -- Angel investing firm Inflection Point Ventures has launched IPV International, a $110 Mn (around INR 960 Cr) category I angel fund registered under GIFT City's International Financia... Read More


Bengaluru Techie Arrested In $44 Mn CoinDCX Crypto Heist

India, July 31 -- Investigation into CoinDCX's $44 Mn (nearly INR 380 Cr) crypto heist has led to a breakthrough with Bengaluru Police reportedly arresting a software engineer of the company after hac... Read More


D2C Fashion Brand Littlebox Bags Funding To Boost Its Tech Stack

India, July 30 -- GenZ-focussed fast fashion brand Littlebox has raised INR 17.5 Cr (around $2 Mn) in a seed funding round co-led by Huddle Ventures Fund and Prath Ventures, with participation from a ... Read More


Exclusive: Tenacity Ventures Joins Exotel's Cap Table Via Secondary Transaction

India, July 29 -- Early and growth stage investment firm Tenacity Ventures has joined the cap table of AI-powered customer engagement platform Exotel via a secondary transaction, sources told Inc42. ... Read More