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Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.

Ramkrishna Forgings acquires 51% stake in EV-based startup

TMT

15 December, 2022

Ramkrishna Forgings acquires 51% stake in EV-based startup

Ramkrishna Forgings on Thursday said its board has approved the acquisition of up to 51% stake in Tsuyo Manufacturing, a......

Fintech player NeoGrowth raises $36.2 mn from FMO, others

Finance

15 December, 2022

Fintech player NeoGrowth raises $36.2 mn from FMO, others

MSME-focused digital lender, NeoGrowth has raised Rs 160 crore (around $19.3 million) from Dutch development bank FMO in......

'Startups to make up 4-5% of India's GDP in the next five years'

TMT

15 December, 2022

'Startups to make up 4-5% of India's GDP in the next five years'

With over 60,000 registered startups in India, the ecosystem has the potential to make about 4-5% contribution to the ......

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Chargebee's backers eye exit at $1.5 bn valuation

TMT

15 December, 2022

Chargebee's backers eye exit at $1.5 bn valuation

Early-stage investors in Chargebee, a fintech-focused software as a service (SaaS) provider, are seeking to sell a ......

DSG, IDEO invest $7.5 mn in Deepika's self-care brand

TMT

14 December, 2022

DSG, IDEO invest $7.5 mn in Deepika's self-care brand

82°E, a self-care brand co-founded by actor Deepika Padukone, on Wednesday said it has secured seed funding of $7.5 ......

Open's loss up by 155% in FY22 with new product spending

Finance

15 December, 2022

Open's loss up by 155% in FY22 with new product spending

Open Financial Technologies Pvt. Ltd saw its losses rise by 155% to ₹167.6 crore in the last fiscal year from ......

HDFC Bank hikes stake in Mintoak to 7.75 %

Finance

14 December, 2022

HDFC Bank hikes stake in Mintoak to 7.75 %

Merchants' payment platform Mintoak Innovations Pvt. Ltd has secured Rs 31 crore ($3.8 million) from HDFC Bank, the ......

India's edtech had the most pivotal past two years since Jio revolution: Report

TMT

14 December, 2022

India's edtech had the most pivotal past two years since Jio revolution: Report

For India’s edtech sector, the past 24 months have been the most pivotal since the Jio revolution in 2016 that ......

Paytm board okays share buyback at ₹810 apiece

TMT

14 December, 2022

Paytm board okays share buyback at ₹810 apiece

Paytm’s parent, One97 Communications Ltd, said its board has approved a plan to buy back up to ₹850 crore worth ......

Former Google Search head, others invest in SaaS firm ProfitWheel

TMT

13 December, 2022

Former Google Search head, others invest in SaaS firm ProfitWheel

Software-as-a-service startup ProfitWheel on Tuesday said it has raised Rs 10 crore (around $1.2 million) as a part of ......

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