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UPI In August: BHIM Surpasses Amazon Pay, PhonePe Continues To Lead

India, Sept. 9 -- The National Payments Corporation of India's (NPCI's) Bharat Interface for Money (BHIM) app surpassed Amazon Pay in terms of UPI transactions in August this year. While BHIM processe... Read More


Porter To Raise Additional $100 Mn In Extended Series F Round: Report

India, Sept. 9 -- Months after it entered the unicorn club, logistics giant Porter is reportedly in advanced stages of raising an additional $100 Mn to $110 Mn in its extended Series F funding round. ... Read More


Will GST 2.0 Light Up Ecommerce Festive Season Sales?

India, Sept. 6 -- If you ask some ecommerce startups in India, Diwali has come early this year with the Centre announcing a bumper sale on the Goods And Services Tax rates. On 15th August this year, ... Read More


This Green Packaging Startup Could Finally Solve India's Banana Export Problem

India, Sept. 5 -- One in every four bananas peeled off anywhere in the world is grown in India. And even though the lofty tariff barrier set up by President Donald Trump could dent banana exports to t... Read More


US, Indian VCs Launch 'India Deep Tech Alliance' To Invest Over $1 Bn In Startups

India, Sept. 3 -- Eight prominent India and US-based VC firms have together launched 'India Deep Tech Alliance' (IDTA) to infuse more than $1 Bn in the country's deeptech startups over the next decade... Read More


Tesla Gets Orders For 600 EVs In India

India, Sept. 2 -- Automotive giant Tesla's India debut has been underwhelming, with the company reportedly receiving orders for 600 electric cars since it opened sales in the country on July 15. Citi... Read More


UPI Transactions Cross 20 Bn Mark In August

India, Sept. 1 -- UPI transactions rose 2.8% month-on-month to 20.01 Bn in August, touching a fresh all-time high. On a year-on-year basis, the transaction count jumped 34%. This is the second consec... Read More


Blue Tokai Bags $25 Mn To Enter Dubai, Japan Markets

India, Sept. 1 -- Speciality coffee chain Blue Tokai Coffee Roasters has raised $25 Mn (around INR 220 Cr) in a bridge funding round from existing backers, including A91 Partners, Anicut, Verlinvest, ... Read More


OpenAI Mulls Setting Up 1 GW Data Centre In India

India, Sept. 1 -- Amid its India push, ChatGPT parent OpenAI is reportedly looking to set up a data centre in India. Citing sources, Bloomberg reported that the company is currently looking for local... Read More


NCLT Approves Amalgamation Of Info Edge Subsidiary With PB Fintech

India, Aug. 30 -- The National Company Law Tribunal (NCLT) has approved the amalgamation of Info Edge's subsidiary Makesense Technologies Ltd with fintech major PB Fintech, with the effective date set... Read More