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Lokesh Choudhary @ Inc42 Media · 10/29/2024 04:51 EDT

KRAFTON Backs South Korean IMM’s India Fund To Boost Startups

KRAFTON India, the gaming giant behind Battlegrounds Mobile India (BGMI), has become the anchor investor in the newly launched IMM… Read more ›

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Inc42 Media
Pooja Yadav @ Inc42 Media · 10/29/2024 03:33 EDT

RBI To Launch AI System For Real Time Fraud Alerts

With the growing reliance on artificial intelligence (AI), the Reserve Bank of India (RBI) is reportedly looking to develop an… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 10/29/2024 03:26 EDT

Cashfree Gets RBI’s Prepaid Payment Instrument Licence

A few months after securing the payment aggregator cross border (PA-CB) licence, Bengaluru-based fintech startup Cashfree Payments has now received… Read more ›

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Inc42 Media
Ananya Upadhyaya @ Inc42 Media · 10/29/2024 03:11 EDT

Vridhi Home Finance Bags INR 310 Cr From Norwest, Others

Bengaluru-based NBFC Vridhi Home Finance has secured INR 310 Cr (around $36.9 Mn) in a Series B funding round led… Read more ›

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Inc42 Media
Anne Florentyna @ Inc42 Media · 10/29/2024 00:11 EDT

Govt Warns Against Illegal Payment Gateways Facilitating Laundering

Weeks after the Maharashtra government partnered with L&T Technology Services to set up an advanced cyber command and control centre… Read more ›

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Inc42 Media
Team Inc42 @ Inc42 Media · 10/28/2024 22:37 EDT

Indian Startup IPO Tracker 2024

It’s the season of spring for startup IPOs. After a lull in IPOs in 2022 and 2023 due to geopolitical… Read more ›

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Inc42 Media
Gargi Sarkar @ Inc42 Media · 10/28/2024 21:30 EDT

Can BigBasket Find Its Quick Commerce Groove?

Equipped with speed and convenience, quick commerce is expanding its dominance in the world of online shopping. Initially questioned for… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 10/28/2024 21:30 EDT

Meet The D2C Startups Dazzling India’s Jewellery Market

Jewellery is the soul of Indian cultural identity. Weddings and festivals are incomplete without jewellery purchase and it finds usage… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 10/28/2024 20:30 EDT

PaySense Cofounder’s New Startup Bags $25.5 Mn In Seed Funding

PaySense cofounder and former PayU Credit CEO Prashanth Ranganathan’s overseas education-focussed fintech startup Zinc has emerged out of the stealth… Read more ›

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Inc42 Media
Team Inc42 @ Inc42 Media · 10/28/2024 15:25 EDT

Swiggy Files RHP, Increases Fresh Issue Size To INR 4,499 Cr

After much ado, foodtech giant Swiggy finally filed its red herring prospectus (RHP) in the late hours of Monday (October… Read more ›

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Inc42 Media
Team Inc42 @ Inc42 Media · 10/28/2024 12:50 EDT

Avanse Financial Gets SEBI Nod For INR 3,500 Cr IPO

Nearly three months after it refiled its draft red herring prospectus (DRHP), non-banking financial company (NBFC) Avanse Financial Services has… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 10/28/2024 10:50 EDT

ideaForge Slips In The Red, Posts INR 13.7 Cr Loss In Q2

Drone manufacturer ideaForge reported a consolidated net loss of INR 13.7 Cr in the quarter ending September 2024 (Q2) as… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 10/28/2024 10:24 EDT

BluSmart Appoints Rupa Devi Singh As Independent Director

EV fleet major BluSmart has roped in Rupa Devi Singh as a new independent director on its board.  With this,… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 10/28/2024 10:12 EDT

BharatPe Rolls Out New App For Investment Offerings

Fintech major BharatPe has launched a new app, Invest BharatPe, consolidating its investment offerings, the company said in a statement.… Read more ›

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Inc42 Media
Garima Ranjan @ Inc42 Media · 10/28/2024 10:10 EDT

12 New-Age Investment Platforms Fuelling India’s Digital Gold Rush

India’s appetite for gold is world renowned. For centuries, the yellow metal has been associated with prosperity, wealth, tradition and… Read more ›

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Inc42 Media
Akshit Pushkarna @ Inc42 Media · 10/28/2024 09:49 EDT

Unicommerce Q2 Profit Rises 21% YoY To INR 4.5 Cr

SaaS startup Unicommerce’s profit after tax (PAT) grew 21% year-on-year (YoY) to INR 4.47 Cr in the second quarter of… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 10/28/2024 09:04 EDT

Swiggy Sets IPO Price Band At INR 371-390

Foodtech major Swiggy has reportedly set the price band of its upcoming initial public offering (IPO) at INR 371-390. At… Read more ›

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Inc42 Media
Akshit Pushkarna @ Inc42 Media · 10/28/2024 08:47 EDT

Veefin Solutions’ Q2 Profit Jumps 325% YoY To INR 4.1 Cr

Fintech company Veefin Solutions reported a profit of INR 4.13 Cr in the second quarter of fiscal year 2024-25 (Q2… Read more ›

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Inc42 Media
Ananya Upadhyaya @ Inc42 Media · 10/28/2024 08:34 EDT

RBI Expects UPI Transactions To Soon Hit 1 Bn

The Reserve Bank of India’s (RBI) governor Shaktikanta Das said they are expecting UPI transactions to hit the milestone of… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 10/28/2024 07:15 EDT

CarTrade’s Shares Rally Over 8% Post Q2 Results 

Shares of online auto auction platform CarTrade surged as much as 8.7% at INR 1,069 during the intraday trading today… Read more ›

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24.11.2024 22:56
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