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Neobank OPEN Spent INR 3.5 To Earn Every Rupee In FY25

India, Oct. 15 -- Neobanking unicorn OPEN reported a 35% decline in its net loss to INR 108.9 Cr in FY25 from INR 168.4 Cr in the previous year, as its top line saw strong growth and expenses declined... Read More


Expand North Star 2025 Draws 2,000 Startups, 1,200 Investors, And 40 Global Unicorns To Dubai

India, Oct. 15 -- Dubai Harbour transformed into a pulsating hub of innovation as Expand North Star (ENS) 2025, a super connector event for global startups and investors, wrapped up its 10th edition. ... Read More


Prosus Acquires Over 5% Stake In ixigo; Peak XV, Elevation Capital Offload Shares

India, Oct. 15 -- Global investor Prosus acquired 1.3 Cr shares, or a 3.16% stake, of ixigo via an off-market secondary acquisition from Peak XV Partners on October 10. In an exchange filing on Octob... Read More


Rapido Adds Flight, Train, Hotel Bookings To Become "One-Stop Travel App"

India, Oct. 15 -- Ride-hailing unicorn Rapido has announced partnerships with MakeMyTrip-owned Goibibo, ixigo-owned ConfirmTkt, and redBus to offer train, flight, bus, and hotel booking from its app. ... Read More


Ekincare Built A Corporate Wellness Ecosystem; Will Profitability Follow?

India, Oct. 15 -- Three years ago, the founders of ekincare were in a tight spot. The Hyderabad-based corporate health benefits platform secured $15 Mn (about INR 133 Cr) in March 2022, closing its S... Read More


IndiaAI Mission Invites Startups To Build AI Facial Recognition Tool

India, Oct. 15 -- IndiaAI Mission has invited Indian startups and companies to build a scalable AI-powered facial recognition tool to bolster integrity of public examinations. Part of IndiaAI Mission... Read More


L&T Semiconductor, Foxconn Arm To Develop High-Voltage Semicon Wafers

India, Oct. 15 -- L&T Semiconductor Technologies yesterday reportedly signed a long-term pact with contract manufacturer Foxconn's subsidiary Hon Young Semiconductor to jointly develop high-voltage se... Read More


Urban Company Shares Jump Over 8% Ahead Of Lock-In Expiry

India, Oct. 15 -- Shares of home services company Urban Company surged as much as 8.4% to INR 163.20 on the BSE during the intraday trading today, after a five-day losing streak that had pushed the st... Read More


NIPL Partners NTT Data To Expand UPI To Japan

India, Oct. 14 -- Continuing its international expansion spree, NPCI International Payments Ltd (NIPL) has now signed a pact with Japanese IT major NTT Data to enable UPI payments in the East Asian ar... Read More


[Update] SpeakX Raises $16 Mn To Offer English Learning Course In Regional Languages

India, Oct. 14 -- Update | October 14, 11:20 IST Months after Inc42 reported about SpeakX's funding, the edtech startup has secured $16 Mn (around INR 142 Cr) in its pre-Series B funding round led by... Read More