Explore the latest news, in-depth reports, and executive analysis tagged with #Fraud.
The round also saw participation from Aranya Holdings and Naandi Ventures, while existing investors AUM Ventures and Shakti VC also invested in the startup.
Banks and NBFCs must report cyber incidents to CERT-In and RBI's DAKSH portal within six hours of detection.
The company plans to use the fresh capital to expand its global presence and increase the deployment of its autonomous logistics solutions across healthcare and industrial facilities.
The investors alleged that their accounts were accessed on October 15, leading to the sale of their holdings in US blue-chip companies.
October was defined by a major crypto hack, renewed regulatory scrutiny and the industry’s growing push into mainstream finance even as markets struggled.
With the final approval, Razorpay can support international money movement, including global investments, collections and settlements, through its GIFT City-based infrastructure.
The searches were carried out on October 27 covering entities operating the Mudrex and Saber.money platforms, along with the decentralised finance (DeFi) protocol Instadapp.
The investigation follows claims by a hacking group called ScarlettGroup that it had breached the lender's records and threatened to release the allegedly compromised information.
The hacking platform CyberStrike has been identified in some of the investigated cases, while probes into other incidents are ongoing.
The company’s total expenditure increased 16% to Rs 770 crore during the quarter from Rs 662 crore in the year-ago period.
According to the company, its market capitalisation grew from around Rs 2,500 crore to around Rs 80,000 crore during Oberoi's 16 years as CEO.
The company reported revenue of $16.3 billion in the first half of 2026, compared with $1.2 billion in the corresponding period last year.
The startup will use the fresh capital to expand its global team of AI specialists and engineers, invest in proprietary technology and AI-native delivery capabilities, among others.
Anthropic’s revenue rose to $16.3 billion in the six months ended June 30, 2026, from $1.1 billion a year earlier.
September was defined by regulatory pushes for stablecoins and tokenised assets, growing institutional adoption, and a continued focus on crypto-related fraud and enforcement.
The round also included participation from IPV, LetsVenture, Launch Capital, AVNM Ventures and Navyug Global Ventures.
The Bengaluru-based startup will use the fresh capital to advance Mission Synapse, a 12-month programme to demonstrate its satellite connectivity, in-orbit computing and power technologies.
The startup is building systems for the defence, aerospace and space sectors.
"Apple Pay is launching on Wednesday, starting with supporting credit cards from Axis Bank," one of the sources said.
AutoPe Payment Solutions earlier used to run and manage IRCTC's i-Pay offering. The mandate is now won by another payments company.
