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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


RBI Asks Simpl To Stop Payment Ops After ED Whip

India, Sept. 25 -- The Reserve Bank of India (RBI) has reportedly asked Bengaluru-based fintech startup Simpl to immediately stop all payment operations. The company confirmed the development to Inc42... Read More


RBI Asks Simpl To Stop Payment Ops For Lack Of Licence

India, Sept. 25 -- The Reserve Bank of India (RBI) has reportedly asked Bengaluru-based fintech startup Simpl to immediately stop all payment operations. The company confirmed the development to Inc42... Read More


Zappfresh Raises INR 168 Cr From Anchor Investors Ahead Of IPO

India, Sept. 25 -- In the run-up to its BSE SME IPO, D2C meat delivery company Zappfresh has raised INR 168.4 Cr from anchor investors. The company allocated 16.7 Lakh equity shares to anchor investor... Read More


Zappfresh Raises INR 16.8 Cr From Anchor Investors Ahead Of IPO

India, Sept. 25 -- In the run-up to its BSE SME IPO, D2C meat delivery company Zappfresh has raised INR 16.8 Cr from anchor investors. The company allocated 16.7 Lakh equity shares to anchor investors... Read More


Nothing Partners Optiemus To Double Down On India Manufacturing

India, Sept. 25 -- London-based smartphone major Nothing has announced entering into a joint venture with Noida-based Optiemus Infracom to establish India as the global production and export hub for N... Read More


Karnataka HC Rejects X Challenge To Centre's Content Blocking Orders

India, Sept. 24 -- Adding another layer to the face-off between Elon Musk's X and the central government, Karnataka's high court (HC) has now reportedly dismissed the former's plea seeking relief on t... Read More


OYO Parent PRISM Nets INR 50 Cr For Premium Hotels Expansion Ahead Of IPO

India, Sept. 23 -- En route to an initial public offering (IPO), hospitality major OYO's parent PRISM has raised INR 50 Cr ($5.6 Mn) for its premium hotels subsidiary Sunday PropTech. The round was le... Read More


Swiggy To Offload Rapido Stake To Prosus, Westbridge For INR 2,400 Cr

India, Sept. 23 -- Foodtech major Swiggy has approved the sale of its stake in bike-taxi startup Rapido to private equity firm Westbridge and Prosus for about INR 2,400 Cr. In its filings with the ex... Read More