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Microsoft-Nayara Energy Case Exposes India Inc's Cloud Vulnerability

India, Aug. 6 -- On July 22, Microsoft abruptly suspended cloud services to Indian refining and marketing company Nayara Energy without any warning or explanations. Nayara Energy was left without acc... Read More


Zype Raises INR 90 Cr In A Mix Of Equity & Debt

India, Aug. 6 -- Fintech startup Zype has raised INR 90 Cr ($10.3 Mn) in a mix of equity and debt funding round. The fundraise comprises an equity round of INR 56 Cr and debt funding of INR 34 Cr. Ac... Read More


HYLENR Nets $3 Mn To Offer Low-Carbon Heat Generation Solutions

India, Aug. 6 -- Clean tech startup HYLENR has raised $3 Mn (around INR 26.3 Cr) in its pre-Series A funding round co-led by Valour Capital and Chhattisgarh Investments Limited. The round also saw pa... Read More


[Update] Antfin Exits Paytm, Sells 3.73 Cr Shares For INR 3,981 Cr

India, Aug. 6 -- Update | August 6, 01:50 AM A day after reports surfaced that Antfin was looking to sell its remaining stake in Paytm, the Alibaba Group's affiliate company on Tuesday (July 5) sold ... Read More


SuperGaming Mops Up $15 Mn At $100 Mn Valuation: Report

India, Aug. 6 -- Pune-based gaming studio SuperGaming has reportedly raised $15 Mn (around INR 131 Cr) in a fresh funding round at nearly five times the valuation of its Series A funding round in 2021... Read More


I-T Dept Pulls Up Taxpayers For Not Disclosing Crypto Transactions

India, Aug. 6 -- The income tax (I-T) department sent out 44,000 emails and messages to individuals for not filing cryptocurrency transactions in their FY25 returns. The finance ministry told Parliam... Read More


MSRTC Soon To Start App For Booking Auto, Bus Rides: Report

India, Aug. 6 -- The Maharashtra State Road Transport Corporation (MSRTC) is reportedly set to launchan aggregator-based passenger app which will offer transport services on a single platform. As per... Read More


BlackBuck Shares Rally 18% To Hit Fresh All-Time High After Q1 Results

India, Aug. 6 -- Shares of BlackBuck rallied as much as 17.63% to hit a fresh all-time high of INR 569.90 during the early trading hours today, a day after the logistics major reported its Q1 results.... Read More


Tesla To Open Delhi Showroom On Aug 11: Report

India, Aug. 5 -- After Mumbai, Tesla may soon be zipping down Delhi roads. The Elon Musk-run electric vehicle major is set to open its first showroom in the Capital on August 11, marking its second r... Read More


BlueStone Sees FY25 Losses Soar 56% On Offline Push

India, Aug. 5 -- Jewellery startup BlueStone recorded a 56% surge in its net loss to INR 221.8 Cr in FY25 from INR 142.2 Cr a year ago. According to its red herring prospectus (RHP) filed on August 5... Read More