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New-Age Tech Stocks Slump In Line With The Broader Market, CarTrade Biggest Gainer This Week

India, May 12 -- Indian new-age tech stocks nosedived this week on the back of a slump in the broader equity market amid worries about the outcome of the 2024 general elections. Seventeen out of the ... Read More


Digit IPO: Litmus Test For Insurance Tech

India, May 12 -- Nearly two years ago, Go Digit was set for an IPO. But market conditions, SEBI regulations and more put that plan on hold. But the insurance tech unicorn is back for another shot at ... Read More


Here's Everything You Need To Know About Product Qualified Account

India, May 11 -- What Is A Product Qualified Account? In product-led growth (PLG), specifically in the B2B context, a product qualified account (PQA) is a client using a product in a way that suggest... 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


Comply With Anti-Money Laundering Norms: FIU-IND Director To Crypto Platforms

India, May 11 -- Financial Intelligence Unit-India's (FIU-IND) director Vivek Aggarwal has yet again called on all offshore and onshore crypto exchanges operating in the country to comply with anti-mo... Read More


Majority Of Manufacturers Qualified Under Revised PLI Scheme To Start Production This Year

India, May 11 -- Majority of manufacturers eligible under the revised production-linked incentive scheme for IT hardware are expected to commence production this year. "About 17 out of 27 PLI compani... Read More


Govt Inks MoU With Mahindra Group To Skill 500 Women In Drone Operation

India, May 11 -- The union government has signed a memorandum of understanding (MoU) with Indian conglomerate Mahindra & Mahindra (M&M) to conduct two pilot projects under the Centre's ambitious "Dron... Read More


Months After Ban, Binance & Kucoin Get FIU Nod To Operate In India

India, May 11 -- Currently banned by the Indian government, crypto exchange Binance has reportedly received approval from the Financial Intelligence Unit (FIU) of the finance ministry to operate as a ... Read More


Bhavish Aggarwal Vs LinkedIn: Ola To Stop Using Microsoft Azure, Migrate To Krutrim AI Cloud

India, May 11 -- Bhavish Aggarwal, the founder of unicorn startups Ola Cabs, Ola Electric, and Krutrim AI, on Saturday (May 11) said that Ola would stop using Microsoft's cloud computing platform Azur... Read More


Exclusive: D2C Sneaker Brand Comet To Raise Series A Funding From Elevation Capital, Nexus

India, May 11 -- Bengaluru-based D2C sneaker brand Comet is in advanced stages of discussions with Elevation Capital and Nexus Venture Partners to raise Series A funding, sources told Inc42. "The rou... Read More