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UPI Transactions Dip 2.5% To 19.6 Bn In September

India, Oct. 1 -- After touching a fresh all-time high in August, the number of UPI transactions declined 2.5% to 19.6 Bn in September from 20.1 Bn in August. On a YoY basis, the number of transaction... Read More


Govt Monitoring Ecommerce Platform For GST 2.0 Compliance

India, Oct. 1 -- The government is reportedly monitoring ecommerce platforms to ensure the recent goods and services tax (GST) rate cuts are passed on to the end customers. Sources told news agency P... Read More


RBI Evaluating Platform To Lock Phones After Loan Defaults

India, Oct. 1 -- The Reserve Bank of India (RBI) is evaluating a platform that would allow lenders to remotely lock mobile phones bought via credit in the event of borrower defaults. "We are assessin... Read More


[Update] Ola Electric Realigns Investments In Subsidiaries

India, Oct. 1 -- Update | October 1, 14:45 Over a month after it got the nod of its shareholders for alteration in the use of IPO proceeds, Ola Electric has now realigned its investments in material ... Read More


Veefin Gets Board Nod To Merge Two Subsidiaries With Parent Entity

India, Oct. 1 -- Listed fintech SaaS company Veefin's board on Tuesday (September 30) approved a proposal to merge its two subsidiaries - GlobeTF Solutions and Estorifi Solutions - with the parent ent... Read More


MoneyX Dialogues Debuts In Bengaluru With 50+ Investors Recasting VC Playbooks

India, Oct. 1 -- It was a breezy evening in late August Bengaluru where, in an august gathering of a group of investors, a chortle broke out. It was loud enough to overhear. Nothing seems more natura... Read More


India Biggest Market For Perplexity, To Set Up Team In Country: CEO Aravind Srinivas

India, Oct. 1 -- India has emerged as the biggest market by user base for Perplexity and it is now planning to set up a team in India, the AI startup's cofounder and CEO Aravind Srinivas said. In an ... Read More


Aequs FY25: Loss Soars 7X YoY To INR 102 Cr

India, Oct. 1 -- Bengaluru-based contract manufacturing startup Aequs saw its net loss soar 618.7% to INR 102.3 Cr in the fiscal year 2024-25 (FY25) from INR 14.2 Cr in the year ago period, on the bac... Read More


What's In A Name? For GoBoult, Another Courtroom Clash

India, Oct. 1 -- D2C consumer electronics brand Boult Audio's attempt to rebrand itself as GoBoult has hit a legal roadblock. A Bengaluru commercial court has issued an ad-interim injunction restraini... Read More


Now, Bengaluru Court Restrains GoBoult From Using Brand Name

India, Oct. 1 -- D2C consumer electronics brand Boult Audio's attempt to rebrand itself as GoBoult has hit a legal roadblock. A Bengaluru commercial court has issued an ad-interim injunction restraini... Read More