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PhonePe shifts domicile from Singapore to India

Finance

03 October, 2022

PhonePe shifts domicile from Singapore to India

Walmart-owned PhonePe, on Monday announced that it has concluded the process of moving its domicile from Singapore to ......

Automation Anywhere raises $200 million

Finance

03 October, 2022

Automation Anywhere raises $200 million

US-based robotic process automation (RPA) firm Automation Anywhere said on Monday it has raised $200 million from ......

WazirX fires employees as crypto universe continues struggle with bearishness

TMT

03 October, 2022

WazirX fires employees as crypto universe continues struggle with bearishness

 Amid economic slowdown, Indian crypto exchange WazirX has laid off nearly 40 percent of its workforce. As many as ......

Investec marks close of maiden India fund

Finance

03 October, 2022

Investec marks close of maiden India fund

Anglo-South African bank Investec has raised $155 million ( ₹1,250 crore) for the final close of its maiden India-......

Acko's net loss jumps as revenue crosses ₹1,000 cr

Finance

30 September, 2022

Acko's net loss jumps as revenue crosses ₹1,000 cr

Acko General Insurance has posted a net loss of ₹382.3 crore in the financial year 2021-22, with revenue from ......

Rupee ends volatile week on strong note after RBI raises rates

Finance

30 September, 2022

Rupee ends volatile week on strong note after RBI raises rates

The Indian rupee strengthened on Friday at the end of a volatile week, after the Reserve Bank of India raised ......

India hikes rates to tame stubbornly high inflation, analysts see more tightening

Finance

30 September, 2022

India hikes rates to tame stubbornly high inflation, analysts see more tightening

The Reserve Bank of India raised its benchmark repo rate by 50 basis points on Friday, the fourth straight increase, ......

FourKites raises $10 mn from Japanese investor Mitsui

Finance

29 September, 2022

FourKites raises $10 mn from Japanese investor Mitsui

Logistics-focused technology platform FourKites has raised $10 million from Japan-based trading and investment firm ......

IPO fundraising drops by 32% to Rs 35,456 cr in first half of FY23

Finance

29 September, 2022

IPO fundraising drops by 32% to Rs 35,456 cr in first half of FY23

Funding secured by Indian companies through initial public offering (IPO) dropped by 32% to Rs 35,456 crore in the first......

SoftBank-backed Zeta's loss widens

Finance

29 September, 2022

SoftBank-backed Zeta's loss widens

Fintech unicorn Zeta's loss widened to Rs 43 crore in the year-ended March 31, 2021, compared to Rs 20.3 crore ......

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