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After RMG Ban, Games24x7 To Layoffs 500 Employees

India, Sept. 10 -- Following the Centre's ban on online real money gaming (RMG), gaming unicorn Games24x7 has now reportedly begun laying off nearly 70% of its workforce. Sources told news agency PTI... Read More


After RMG Ban, Games24x7 To Lay Off 500 Employees

India, Sept. 10 -- Following the Centre's ban on online real money gaming (RMG), gaming unicorn Games24x7 has now reportedly begun laying off nearly 70% of its workforce. Sources told news agency PTI... Read More


Centre To Set Up 600 Data Labs, Deploy 38K GPUs: IndiaAI Mission CEO

India, Sept. 10 -- IndiaAI Mission CEO Abhishek Singh has said that the Centre plans to deploy 38,000 graphics processing units (GPUs), in total, at affordable rates to build a robust and inclusive AI... Read More


Aviral Bhatnagar's AJVC Closes Debut Fund At INR 200 Cr

India, Sept. 10 -- Former Venture Highway executive Aviral Bhatnagar's investment venture A Junior VC (AJVC) has closed its debut AIF fund AJVC Trust at INR 200 Cr, about six months after marking the ... Read More


Avanse's Net Profit Surges 47% To INR 502 Cr In FY25

India, Sept. 10 -- The consolidated net profit of education-focussed NBFC Avanse Financial Services surged 46.6% to INR 502 Cr in the financial year ended March 31, 2025 (FY25) from INR 342.4 Cr in th... Read More


Urban Company IPO Goes LIVE, Licious Shuts UnCrave & More

India, Sept. 10 -- Urban Company's INR 854 Cr Anchor Boost Urban Company's IPO is all set to open today. Ahead of the public issue, the on-demand services unicorn raised INR 854 Cr from 59 anchor inv... Read More


[Update] DevX IPO: Issue Oversubscribed 5.3X On Day 1

India, Sept. 10 -- Update | September 10, 18:40 Coworking space provider DevX's IPO was oversubscribed 5.3X at the end of first day of bidding, with retail investors leading the pack. Retail investor... Read More


[Update] Exclusive: Presolv360 Raises $4.7 Mn From Elevation Capital, Others

India, Sept. 10 -- Update | September 10, 06:00 A month after Inc42 exclusively reported about Presolv360's fundraise, the online dispute resolution platform said it closed its Series A funding round... Read More


[Update] Urban Company IPO: Issue Oversubscribed 3.1X On Day 1

India, Sept. 10 -- Updated | September 10, 17:45 IST The public issue of Urban Company was oversubscribed 3.1X on the first day of bidding, receiving bids for 33.3 Cr shares against 10.6 Cr shares on... Read More


Dronetech Startup EndureAir Raises INR 25 Cr From IAN Alpha Fund

India, Sept. 10 -- IIT Kanpur-incubated dronetech startup EndureAir Systems has raised INR 25 Cr from IAN Alpha Fund, along with IAN Angel Fund. The startup, in a statement, said it will use the capi... Read More