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[Update] ONDC Appoints Paytm's Rohit Lohia As Chief Business Officer

India, Oct. 23 -- Update | October 23, 03:23 PM Ex-Paytm senior vice president Rohit Lohia has joined the Open Network for Digital Commerce (ONDC) as its new Chief Business Officer (CBO). In a statem... Read More


Govt Notifies Amendments To IT Rules To Streamline Content Takedown

India, Oct. 23 -- The IT ministry (MeitY) yesterday notified amendments to the IT Rules, 2021 to streamline the process for the takedown of content by digital intermediaries. Called the Information T... Read More


Meesho Counters AWS In INR 127 Cr Arbitration, Claims INR 86 Cr Damages

India, Oct. 23 -- Ecommerce startup Meesho has found itself locked in an INR 127.45 Cr ($14.44 Mn) legal tangle with Amazon Web Services (AWS) India, according to the draft IPO papers it has filed wit... Read More


Uniphore Raises $260 Mn From NVIDIA, AMD, Others

India, Oct. 22 -- Conversational automation unicorn Uniphore has raised $260 Mn (around INR 2,279 Cr) in its Series F funding round to accelerate innovation on its AI and data platform - Business AI C... Read More


Zoho To Enter Consumer Payments With Zoho Pay

India, Oct. 22 -- Foraying into the consumer payments segment, SaaS unicorn Zoho is reportedly set to launch a consumer payments app Zoho Pay. Zoho Payments Tech CEO Sivaramakrishnan Iswaran told Mone... Read More


Easebuzz's FY25 Profit Zooms To INR 19 Cr, Revenue Surpasses INR 600 Cr

India, Oct. 22 -- Fintech minicorn startup Easebuzz's net profit surged multifold to INR 18.8 Cr in the fiscal year FY25 from INR 40 Lakh PAT registered in the previous fiscal year. The hefty growth ... Read More


UnifyApps Nets $50 Mn To Bolster Its AI Tech Stack

India, Oct. 22 -- AI minicorn startup UnifyApps has raised $50 Mn (about INR 438.7 Cr) in its Series B round of funding led by WestBridge Capital, with participation from existing backer ICONIQ and a ... Read More


Eternal Gets INR 128 Cr GST Demand, Penalty Notice

India, Oct. 22 -- Adding to its tax troubles, Zomato and Blinkit parent Eternal has now received a GST demand order totalling INR 128.4 Cr, including a demand of INR 64.2 Cr and a penalty of INR 64.2 ... Read More


India Quotient Closes Fund V At $129 Mn To Back Early Stage Startups

India, Oct. 22 -- Early-stage focussed venture capital (VC) firm India Quotient has closed its fifth fund (Fund V) with an investment of $129 Mn (about INR 1,132 Cr), over double the size of its $64 M... Read More


MeitY Proposes New IT Rules To Tackle Social Media Deepfake Abuse

India, Oct. 22 -- To curb the growing menace of AI-generated deepfake content, the Ministry of Electronics and Information Technology (MeitY) has proposed amendments to the Information Technology Rule... Read More