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Flipkart, Amazon's Mega Festive Sales Blighted By Dark Patterns

India, Sept. 30 -- Just last week, ecommerce major Amazon agreed to pay $2.5 Bn to settle a lawsuit filed by the US Federal Trade Commission (FTC), which alleged that the company "knowingly duped" mil... Read More


Peak XV Partners Leads $75 Mn Funding Round In PostHog

India, Sept. 30 -- VC firm Peak XV Partners led a $75 Mn funding round in open-source analytics platform PostHog, which also turned the US-based startup into a unicorn. In a blogpost, PostHog cofound... Read More


Anthropic Eyes India Expansion, To Hire Country Lead

India, Sept. 30 -- AI major Anthropic is planning to hire a country lead for India as part of its global expansion plan. According to a CNBC report, the company is also looking for country heads in A... Read More


Ignosis Raises $4 Mn To Provide Financial Data To BFSI Enterprises

India, Sept. 30 -- Fintech startup Ignosis has raised $4 Mn in its pre-Series A round led by Peak XV Partners' Surge, with participation from Razorpay Ventures, Force Ventures, CRED's Kunal Shah and e... Read More


Recur Club Raises $50 Mn To Expand Its Debt Marketplace

India, Sept. 29 -- Debt marketplace Recur Club has raised $50 Mn in a mix of equity and debt to expand its AI-powered debt financing platform for startups and SMEs. The round included $8 Mn equity fu... Read More


[Update] Elon Musk's X To Challenge K'taka HC's Ruling On Sahyog Portal

India, Sept. 29 -- Update | 15:30, September 29 Social media platform X has said it will appeal against the Karnataka High Court ruling that dismissed its challenge to India's content takedown framew... Read More


The Other Side Of Rapido's Growth Story

India, Sept. 28 -- Dear reader, Rapido's attention is somewhat divided. The unicorn's foray into food delivery has been coming for months. But even as Rapido looked to build this new business, its ri... Read More


DroneAcharya Posts INR 15 Cr Loss In H2 FY25 Amid Topline Collapse & Regulatory Scrutiny

India, Sept. 27 -- After months of delays, listed drone tech company DroneAcharya has finally disclosed its financial performance for the second half of the fiscal year FY25 (H2 FY25). The company swu... Read More


ONDC To Likely Rope In Paytm's Rohit Lohia As CBO

India, Sept. 27 -- Rohit Lohia, senior vice-president at Paytm, will reportedly join the state-backed Open Network for Digital Commerce (ONDC) as its new chief business officer (CBO), as per a Moneyco... Read More


Cashfree's FY25 Loss Widens 14% To INR 154 Cr As Revenue Slips

India, Sept. 26 -- Fintech soonicorn Cashfree Payments' net loss for the fiscal year FY25 widened 14% to INR 154.1 Cr from INR 135 Cr in FY24 at the behest of flattening of its top line and slight inc... Read More