India, June 11 -- In an effort to boost operations of banks and payment service providers across India,the government is reportedly considering levying a merchant discount rate (MDR) on unified paymen... Read More
India, June 11 -- Deeptech manufacturing startup Leumas has raised $2.2 Mn (around INR 19 Cr) in a seed funding round led by Capital 2B, with participation from Capital-A and Anicut Capital. The Beng... Read More
India, June 11 -- Update | June 11, 1:05 PM After being non-functional for more than 16 hours, OpenAI's ChatGPT is now up and running. In a status report, OpenAI said around 4:00 AM today nearly all ... Read More
India, June 11 -- Wealthtech startup PowerUp Money has secured $7.1 Mn (INR 60.7 Cr) in a seed funding round co-led by Accel, Blume Ventures and Kae Capital. The round also saw participation from 8i ... Read More
India, June 11 -- The month was June. The year: 2023. It had already been a little over six months since the world had woken up to the new normal in the realm of AI and ChatGPT. However, June 7 was di... Read More
India, June 10 -- Non-banking financial company (NBFC) FlexiLoans has secured INR 375 Cr (around $43.8 Mn) as a part of its ongoing Series C funding round. The round, which was a mix of primary and s... Read More
India, June 10 -- Fintech company Infibeam Avenues has filed a draft letter of offer to raise INR 700 Cr via a rights issue to invest in its subsidiaries Infibeam Projects, AI arm Nueromind Technologi... Read More
India, June 10 -- Digital marketing startup Wubba Lubba Dub Dub (WLDD) has acquired Bengaluru-based creative marketing startup Imagined Studio in an all-cash deal, sources told Inc42. Following the a... Read More
India, June 10 -- Rapido Enters Swiggy-Zomato Lane Taking on the Goliaths Zomato and Swiggy, ride-hailing unicorn Rapido is all set to introduce its food delivery platform, Ownly, in partnership with... Read More
India, June 10 -- D2C jewellery brand GIVA is raising INR 450 Cr (around $53 Mn) in a fresh funding round at a valuation of $374 Mn, as per its regulatory filings accessed by Inc42. This marks a 47% i... Read More