Articles for Recent News

Project Nexus: India To Create Cross-border Retail Payment Platform With Four ASEAN Countries

The RBI statement said that the platform may be extended to more countries, going forward. The platform is expected to go live by 2026. Once functional, Nexus will play a key role in making retail cross-border payments efficient, faster, and more cost-effective

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Paytm Prepares For Steady Revival, No Change In 'Operational Strategy'

Dismissing misleading media reports claiming that Paytm's leadership has decided to abandon licensed business in favor of a distribution model, the company refuted stating that no such decision or communication has been made regarding a change in its operating strategy

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FirstCry IPO: Brainbees Solutions Receives SEBI Approval For Its Public Issue

Kotak Mahindra Capital Company, Morgan Stanley India Company, BofA Securities India, JM Financial and Avendus Capital are acting as the Book Running Lead Managers for the issue, as per media reports

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HDFC Capital Acquires 8% Stake In Proptech Startup TruBoard Technologies

TruBoard has developed a technology platform called TruGenie for real estate asset management which aims to address investors, asset owners as well and developer needs. TruGenie is currently being used by some of the top private banks and real estate funds

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Purplle Raises Rs 1000 Cr From Abu Dhabi Investment Authority, Others

Speaking on the investment Manish Taneja, Co-Founder and CEO at Purplle said, “It is our mission to democratise beauty and make it accessible to all, and while we have reached many beauty enthusiasts across India, we still have a long way to go"

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Cautio Team
Cautio Bags Rs 6.5 Cr In Pre-seed Round Co-led By Antler, 8i Ventures, AU Bank

Cautio is dedicated to addressing safety concerns within India's mobility and transportation space. The startups is offering cost-effective video telematics products, Cautio delivers tailored solutions aimed at mitigating safety issues prevalent in India

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Rare Rabbit Secures Rs 150 Cr From Gruhas, A91 Partners, Ravi Modi’s Family Office

According to media reports, the substantial investment follows recent speculation regarding Rare Rabbit’s intent to secure Rs 500 Crore in funding

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Surge In Funding For Indian Retail Startups Amid Consumption Growth

The report further noted that India's household consumption nearly doubled in the past decade to USD 2.1 trillion last year, India is expected to surpass Germany (in 2024) and Japan (in 2026) to become the third-largest consumer market in the world

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Zomato Gets GST Notice Of Rs 9.5 Cr In Karnataka, Says Will Appeal Against Order

The authority has demanded for GST of Rs 5.01 crore, interest of Rs 3.93 crore and a penalty of Rs 50.19 lakh making a total of demand of Rs 9.5 crore

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KarmaCheck Raises $45 Mn In Series B Round Led By Parameter Ventures

Founded by Eric Ly, one of the co-founders of LinkedIn, KarmaCheck aims to remove barriers between talent and professional opportunities

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