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D2C Brand 'House of Chikankari' Raises Rs.25 Cr To Expand Omnichannel Presence

India, April 28 -- D2C ethnic fashion brand 'House of Chikankari' has raised Rs.25 Cr (about $2.6 Mn) in its Series A round led by Cap Alpha Ventures. In a statement, the brand said it will use the c... Read More


Centre Mulls Sovereign Cloud Mandate For Critical Sectors

India, April 28 -- The Centre is mulling a mandate requiring companies in critical sectors such as energy, telecommunications, and financial services to run their core digital infrastructure only on '... Read More


Paytm Tanks 8% After RBI Revokes Payments Bank Licence

India, April 27 -- Shares of fintech major Paytm fell as much as 8.37% during the intraday trading today, touching a low of Rs.1,051.05, after the RBI cancelled the licence of Paytm Payments Bank. Th... Read More


Exclusive: Morphing Machines Raises Rs.42 Cr To Close Series A Round At Rs.80 Cr

India, April 27 -- Semiconductor startup Morphing Machines has raised about Rs.42 Cr (about $4.4 Mn) in the second tranche of its Series A funding round to close the fundraise at Rs.80 Cr. The Indian ... Read More