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Cryptocurrency Can Make Recognised Money Untraceable: Delhi HC

India, July 15 -- In a scathing indictment of cryptocurrencies, the Delhi High Court (HC) observed that dealing in such virtual digital assets can lead to the "dissolution" of recognised money into "d... Read More


Is Ola Electric Bullishness Justified After Q1's Higher Losses?

India, July 14 -- Bhavish Aggarwal-led Ola Electric claims to be in consolidation mode - the company's Q1 FY26 results show a slight increase in revenue on a sequential basis, but Ola Electric is stil... Read More


Inside Wiggles' Woes: Cash Crunch, Employee Exodus & An Uncertain Future

India, July 14 -- Pune-based pet care startup Wiggles, which has raised a funding of over $6.5 Mn to date, is struggling for survival. The startup has only two months of runway remaining and most of i... Read More


IPO-Bound Groww To Launch New Platform To Augment Revenue

India, July 14 -- IPO-bound stock broking major Groww is launching a new platform called '915' for professional and high-volume traders, sources told Inc42. Unlike its existing app, 915 will be a sta... Read More


After Raising $137 Mn, Neobank Fi Money Battles Existential Crisis

India, July 13 -- Bengaluru-based neobank Fi Money is grappling with serious challenges as its core lending business has failed to gain traction leading to a cash crunch and mass layoffs. Once seen a... Read More


Flipkart Announces $50 Mn ESOP Buyback

India, July 11 -- Ecommerce giant Flipkart has announced a $50 Mn ESOP buyback, which will offer liquidity to around 7,000 to 7,500 employees. Flipkart CEO Kalyan Krishnamurthy, in an internal note, ... Read More


Flipkart Announces $50 Mn ESOP Buyback At $35 Bn Valuation

India, July 11 -- Ecommerce giant Flipkart has announced a $50 Mn ESOP buyback, which will offer liquidity to around 7,000 to 7,500 employees. Flipkart CEO Kalyan Krishnamurthy, in an internal note, ... Read More


[Update] Centre Planning INR 1,345 Cr Incentive Scheme To Make Rare Earth Magnets

India, July 11 -- Update | July 11, 03:47 PM The central government is reportedly working on an INR 1,345 Cr scheme to incentivise local magnet production. Union minister for heavy industries H D Ku... Read More


BYJU'S Insolvency Saga: RP Sues Dubai Partner For INR 1,597 Cr

India, July 11 -- The resolution professional (RP) of Think and Learn Pvt Ltd., the parent of troubled edtech startup BYJU'S, has reportedly filed an INR 1,597 Cr (about $186.2 Mn) lawsuit against its... Read More


Pocket FM Alleges Copyright Infringement By Kuku FM Again

India, July 10 -- Over two-and-a-half years after ending a legal scuffle, audio OTT player Pocket FM and Kuku FM are engaged in yet another courtroom showdown. Pocket FM has dragged its competitor to... Read More