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Palak Sharma @ Inc42 Media 3 place · 06/12/2025 06:25 EDT

PhonePe, Google Pay Lead UPI Race In May

Continuing the duopoly, PhonePe and Google Pay accounted for nearly 85% of the Unified Payment Interface (UPI) market share in… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 06/12/2025 05:30 EDT

Delhivery Dissolves Its UK Subsidiary

Logistics giant Delhivery said it has dissolved its wholly-owned UK subsidiary Delhivery Corp.  “…we would like to inform you that… Read more ›

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Inc42 Media
Palak Sharma @ Inc42 Media · 06/12/2025 04:10 EDT

Andhra Govt Inks Deal To Boost Startup Ecosystem

Andhra government has signed a tripartite Memorandum of Understanding (MoU) with Cyient Foundation and the All India Council for Technical… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 06/12/2025 03:42 EDT

Paytm Shares Slump 10% After Govt Dismisses MDR Speculation

Shares of Paytm parent One97 Communications tumbled as much as 10% to INR 864.40 during the early trade today following… Read more ›

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Inc42 Media
Meha Agarwal @ Inc42 Media · 06/12/2025 03:20 EDT

Demystifying SEBI’s Rules For Co-Investment Vehicles: Will It Impact Startup Funding?

The Securities and Exchange Board of India (SEBI) released a consultation paper last month that could streamline co-investment strategies within… Read more ›

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Inc42 Media
Anne Florentyna @ Inc42 Media 2 place · 06/12/2025 02:03 EDT

Polygon Cofounder Sandeep Nailwal Takes Over As CEO

L2 blockchain startup Polygon’s cofounder Sandeep Nailwal will take over as the chief executive officer (CEO) of Polygon Foundation, which… Read more ›

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Inc42 Media
Team Inc42 @ Inc42 Media · 06/11/2025 23:51 EDT

Pine Labs To File DRHP For Up To $700 Mn IPO By June-End

Gearing up for its initial public offering (IPO) later this year, Peak XV-backed fintech unicorn Pine Labs reportedly plans to… Read more ›

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Inc42 Media
Team Inc42 @ Inc42 Media · 06/11/2025 22:30 EDT

Meesho’s Confidential Route To IPO, Q-Comm Platforms Under Lens & More

Meesho Takes The Confidential IPO Route Meesho is accelerating its public listing. The ecommerce unicorn is likely to file its… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 06/11/2025 21:30 EDT

How Kunal Shah-Backed Mainstreet Hung Up Its Shoes

Mainstreet Marketplace, once a rising star in India’s vibrant sneaker and streetwear scene, is now facing a severe crisis. The… Read more ›

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Inc42 Media
Bismah Malik @ Inc42 Media 2 place · 06/11/2025 20:30 EDT

How GIVA Crafted An INR 500 Cr+ Brand On Silver Jewellery And Lab-Grown Diamonds

Silence is golden, speech is silver. An Indian trio defied the old adage. They went vocal and struck gold while… Read more ›

3

Inc42 Media
Kartikay Kashyap @ Inc42 Media 3 place · 06/11/2025 14:57 EDT

[Update] Reports Of MDR On UPI Payments Above INR 3,000 Baseless: Govt

Update | June 12, 12:06 AM Hours after it was reported that the Centre is mulling levying MDR on UPI… Read more ›

2

Inc42 Media
Team Inc42 @ Inc42 Media · 06/11/2025 14:47 EDT

Meta India’s Public Policy VP Shivnath Thukral Steps Down

Meta’s vice-president of public policy in India, Shivnath Thukral, is stepping down from the social media company.  In a post… Read more ›

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Inc42 Media
Akshit Pushkarna @ Inc42 Media · 06/11/2025 12:41 EDT

Rekha Jhunjhunwala Offloads 30 Lakh Shares Of Nazara

Rekha Jhunjhunwala, wife of late billionaire investor Rakesh Jhunjhunwala, sold 29.75 Lakh shares of gaming major Nazara Technologies in the… Read more ›

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Inc42 Media
Akshit Pushkarna @ Inc42 Media · 06/11/2025 10:50 EDT

Meesho To File IPO Papers In Few Weeks Via Confidential Route

Days after getting the approval of its board to convert into a public company, ecommerce major Meesho is now set… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media 3 place · 06/11/2025 10:31 EDT

Centre To Reinitiate Discussions On National Ecommerce Policy

Years after it came out with the national ecommerce policy, the Centre has restarted discussions on the policy amid rapid… Read more ›

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Inc42 Media
Amit Singh @ Inc42 Media · 06/11/2025 07:22 EDT

Exclusive: On-Demand Salary Startup Refyne Bags INR 35 Cr Debt

Fintech soonicorn Refyne, a platform which helps employees draw their salaries on demand, has secured INR 35 Cr (around $4… Read more ›

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Inc42 Media
Lokesh Choudhary @ Inc42 Media · 06/11/2025 07:13 EDT

Jio BlackRock JV Gets SEBI Nod To Operate As Investment Adviser

Jio BlackRock Investment Advisers Pvt Ltd (JBIAPL), the joint venture between Jio Financial Services and BlackRock, has received approval from… Read more ›

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Inc42 Media
Kartikay Kashyap @ Inc42 Media · 06/11/2025 06:50 EDT

Govt Plans Levying MDR On UPI Transactions Over INR 3,000: Report

In an effort to boost operations of banks and payment service providers across India, the government is reportedly considering levying a… Read more ›

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Inc42 Media
Bhupendra Paintola @ Inc42 Media · 06/11/2025 04:47 EDT

Leumas Nets $2.2 Mn To Build Robot Factories For Pharma & Wellness Sectors

Deeptech manufacturing startup Leumas has raised $2.2 Mn (around INR 19 Cr) in a seed funding round led by Capital… Read more ›

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Inc42 Media
Kartikay Kashyap @ Inc42 Media · 06/11/2025 03:35 EDT

[Update] ChatGPT Restored After 16-Hour Outage

Update | June 11, 1:05 PM After being non-functional for more than 16 hours, OpenAI’s ChatGPT is now up and… Read more ›

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