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The Mamaearth Makeover, RMG Platforms Bleed & More

India, Aug. 22 -- The Mamaearth Makeover Last financial year (FY25) was brutal for Honasa Consumer. The Mamaearth parent tumbled into losses mid-year, watched its stock crater, witnessed leadership c... Read More


The Mamearth Makeover, RMG Platforms Bleed & More

India, Aug. 22 -- The Mamaearth Makeover Last financial year (FY25) was brutal for Honasa Consumer. The Mamaearth parent tumbled into losses mid-year, watched its stock crater, witnessed leadership c... Read More


Avanse Plans IPO Delay On US Visa Rules: Report

India, Aug. 22 -- Education loan-focused NBFC Avanse Financial Services is reportedly weighing a delay in its planned initial public offering (IPO) amid slowing loan demand due to stricter US visa rul... Read More


Avanse To Delay IPO Due To Strict US Visa Rules: Report

India, Aug. 22 -- Education loan-focused NBFC Avanse Financial Services is reportedly weighing a delay in its planned initial public offering (IPO) amid slowing loan demand due to stricter US visa rul... Read More


Ola Electric Gets Shareholders' Nod To Alter Use Of IPO Proceeds

India, Aug. 22 -- EV major Ola Electric has received the approval from its shareholders to alter the use of INR 5,500 Cr it raised from its IPO last year. The company said that it received 99.1% vote... Read More


[Update] Ola Joins Uber, Rapido In Relaunching Bike Taxis In Bengaluru

India, Aug. 22 -- Update | August 22, 17:25 Ola has joined its rivals Uber and Rapido in restarting bike taxi services in Bengaluru, though the latter two had resumed theirs yesterday. The resumptio... Read More


The Gaps In RBI's "Build It All, But Responsibly" Vision For AI In Fintech

India, Aug. 22 -- Like the computer revolution, which brought sweeping changes to the Indian banking industry, AI threatens to rewrite the rules of banking and finance. But the risk in AI-led transfor... Read More


Apple To Launch Its Third India Store Next Month: Report

India, Aug. 22 -- iPhone maker Apple is set to expand its retail footprint in India with the launch of its third official store, Apple Hebbal, in Bengaluru on September 2. Apple Hebbal will open at P... Read More


Hike's RMG Platform 'Rush' To Exit India, Founder Slams Policy Reversals

India, Aug. 22 -- Following the Centre's crackdown on online real money gaming (RMG), Web3 gaming startup Hike has said it will suspend the India operations of its RMG platform Rush and exit the count... Read More


Macquarie Asset Management Bags $405 Mn For Indian EV Platform Vertelo

India, Aug. 22 -- Macquarie Asset Management has raised $405 Mn (around INR 3,542 Cr) for Vertelo, its fleet electrification platform targeting India's rapidly expanding electric vehicle market. The ... Read More