Ransomware attack shuts payment systems down across 300 small Indian banks
A concerning aspect is that over 300 small local banks in India were forced to stop accepting payments due to...
BharatPe acquires 85 Cr debt funding from Trifecta and InnoVen
Fintech unicorn BharatPe has raised debt investment of Rs 85 crore, or about $1.02 million, through the use of non-convertible...
Byju’s, BCCI settle dispute but US lenders question source of funds
Chennai, July 31, 2024: Byju Raveendran, the suspended director, shareholder, and promoter of the massive edtech company Byju's, has been...
If successful Ola Electric IPO could make CEO Bhavish Aggarwal richer by ₹288 Cr
On August 2, 2024, Ola Electric, the top producer of electric vehicles in India, will launch its initial public offering...
IndiaMART profit increases by 37% to INR 100 CR in Q1 FY25
A prominent online B2B marketplace in India, IndiaMART InterMESH, has released remarkable financial statistics for Q1 FY25, the first quarter...
FirstCry to file for $3-3.5 Bn IPO this week
Leading company in the newborn and mother care goods market, FirstCry, is about to take a big step forward with...
Ride-hailing platform Rapido becomes a unicorn following $120 Mn funding
Following a $120 million Series E fundraising round, Rapido, the bike taxi service startup supported by Swiggy, achieved unicorn status,...
MapMyIndia alleges data theft and unfair practices by Ola to develop Ola Maps
The recent legal confrontation between CE Info Systems, the parent company of MapMyIndia, and Ola Electric has garnered significant attention....
Vijay Shekhar, Zoya, Farhan Akhtar to not sell their Ola Electric shares in upcoming IPO
A decision that could have a significant effect on the Indian electric vehicle (EV) market is that prominent investors Vijay...
Ola Electric prices IPO at Rs 72-76 per share
With its impending initial public offering (IPO), Ola Electric Mobility Ltd., a well-known electric scooter maker in Bengaluru, is poised...