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Bajaj Finserv To Invest Rs.400-Rs.450 Cr In AI Startups, Launch Dedicated Fund

India, March 30 -- Bajaj Finserv, the diversified financial services company of the Bajaj Group, is looking to aggressively expand its footprint in the AI space through a two-pronged investment approa... Read More


Kuku FM Onboards MS Dhoni As Investor, Brand Ambassador

India, March 30 -- Audio OTT soonicorn Kuku FM has roped in former Indian cricket team captain Mahendra Singh Dhoni as an investor as well as the brand ambassador for its microdrama app Kuku TV. With... Read More


RBI Slaps Penalty On Pine Labs For Violating PPI Guidelines

India, March 28 -- The RBI has imposed a penalty of Rs.3.1 Lakh on fintech major Pine Labs for failing to comply with guidelines related to prepaid payment instruments (PPIs). The central bank, in a ... Read More


Govt Revises PM E-DRIVE's Subsidy Timelines For E2Ws, E3Ws

India, March 28 -- The Ministry of Heavy Industries (MHI) has revised the guidelines under the PM E-DRIVE (PM Electric Drive Revolution in Innovative Vehicle Enhancement) initiative, extending subsidy... Read More


Swiggy Raises Platform Fee to Rs.17.58 After Zomato's Hike

India, March 24 -- Days after Zomato raised its platform fee, its rival Swiggy has increased the charge to Rs.17.58 per order from Rs.14.99 earlier, marking an increase of over 17%. In a message at c... Read More


Sustainable Kidswear Brand Kidbea Nets Rs.30 Cr To Expand Retail Footprint

India, March 24 -- Omnichannel kidswear brand Kidbea has raised Rs.30 Cr (about $3.2 Mn) in its Series A funding round led by Enrission India Capital, with participation from Inflection Point Ventures... Read More


LetzRyd Nets $4 Mn To Expand Fleet Network

India, March 23 -- Fleet management startup LetzRyd has raised $4 Mn (about Rs.38 Cr) in a fresh funding round led by JIF Capital Ltd, with participation from 15th Rock and existing investor UNLEASH C... Read More


Finfinity Bags $2.4 Mn To Scale Digital Lending Marketplace

India, March 23 -- Fintech startup Finfinity has raised $2.4 Mn (about Rs.22.50 Cr) in its seed funding round led by the Mankind Pharma Promoter's Family Office. The round also saw participation from ... Read More


Perfios FY25: Profit Soars 46% To Rs.104 Cr, Revenue Crosses Rs.700 Cr

India, March 21 -- B2B fintech SaaS unicorn Perfios logged a 46% uptick in its consolidated net profit for the fiscal year FY25 to Rs.104.3 Cr from Rs.71.7 Cr in FY24. This marked the third consecutiv... Read More


Mave Health Nets $2.1 Mn To Launch Its Mental Health Focused Wearables

India, March 19 -- Healthtech startup Mave Health has raised $2.1 Mn (Rs.18 Cr) in a seed funding round led by Blume Ventures, with participation from All In Capital, Inuka Capital, Stanford Angels, a... Read More