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Amid Restructuring, Ankush Aggarwal Returns To Ola Cabs' Ride Hailing Biz

India, May 14 -- Amid restructuring at Ola Cabs, founder Bhavish Aggarwal's brother Ankush Aggarwal has returned to the ride-hailing business after a stint with Ola Electric. Ankush Aggarwal is a par... Read More


NeoFinity Launches NFC Tag To Disrupt Contactless Digital Payments

India, May 14 -- The payment and fintech arm of Peak XV Partners-backed asset management company Neo Group, NeoFinity, has launched a new digital payments tag called 'Neo Zap' at just INR 49. Equippe... Read More


Govt Looking To Build A Unified Portal To House All Its Digital Public Goods

India, May 13 -- The Centre is planning to build a unified portal to house all its digital public goods (DPGs), including Aadhaar, unified payments interface and open network for digital commerce in o... Read More


Google Chrome And Apple iTunes Users Alert! Govt Warns Of Security Vulnerability

India, May 13 -- The Indian Computer Emergency Response Team (CERT-In) has issued a warning for Google Chrome and Apple's iTunes desktop users. As per CERT-In, the security vulnerability in Google Ch... Read More


Centre Mulling Clampdown On Illegal Betting And Gambling Apps Flouting CCPA Guidelines

India, May 13 -- The consumer affairs ministry is mulling action against indirect and surrogate advertisements promoting illegal betting and gambling, especially during the cricket and election season... Read More


Meesho Marks First Close Of Larger Funding Round At $275 Mn

India, May 11 -- Ecommerce platform Meesho has reportedly closed a $275 Mn funding round through a mix of primary and secondary share sales. As per an ET report, a regulatory submission to the US Sec... Read More


Zeta Rolls Out UPI-Integrated Credit As-A-Service Product For Banks

India, May 10 -- Fintech unicorn Zeta has rolled out a digital credit-as-a-service product for banks. The product is based on NPCI's credit line on UPI scheme, which uses the network to speed up credi... Read More


IIT Madras Raises INR 513 Cr To Invest In R&D, Tech Deployment

India, May 8 -- The Indian Institute of Technology Madras (IIT Madras) has raised INR 513 Cr from alumni, industry players, and individual donors during the financial year 2023-24 (FY24). The funds r... Read More


IRDAI Imposes INR 1 Cr Penalty On IPO-Bound Go Digit

India, May 8 -- The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a penalty of INR 1 Cr on IPO-bound Go Digit General Insurance for non-disclosure of a change in the conv... Read More


Microsoft Expands Data Centre Footprint In India With Land Parcel Buyout Worth INR 267 Cr

India, May 7 -- Tech giant Microsoft Corporation has bought 48 acres of land in Hyderabad in a transaction valued at INR 267 Cr. According to an ET report, the acquisition of the property was facilit... Read More