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The funding round also saw participation from existing investors Accel, S32 (Section 32), Prosus Ventures, Hitachi Ventures and Wipro Ventures.
The funding round also saw participation from 360 ONE Asset, IMM Investment, as well as existing investors Radical Ventures, growX Ventures, and others.
Succession planning is likely to remain an area that investors will watch over long term with Cult.fit IPO expected to be largely an OFS-driven liquidity event.
In a LinkedIn post, Jain described his exit as the close of a long phase and the beginning of something new.
The penalty stems from Paytm's purchase of e-commerce firm Little Internet nearly eight years ago.
To boost foreign investment in India, the Budget 2026-27 increases investment cap for non-residents in equity instruments of listed Indian companies to 10%.
The funding round also saw participation from angel investors.
The dispute centres on what a person aware of the development describes as a dramatic collapse in Lendingkart's lending operations under the current management.
Of the total funding, Gaurav Kumar, founder and CEO, Yubi, invested Rs 75 crore in his personal capacity.
The ruling by the German court is significant globally as OpenAI faces allegations of copyright violations and warnings.
Total expenses of the startup fell 18% to Rs 160 crore in the last financial year from Rs 195 crore in FY24.
PhonePe partners with SIDBI to facilitate credit access to micro merchants through digital lending solutions integrated with Udyam Assist platform.
The fresh capital will help the company for global expansion, product development across locomotion and manipulation and hiring.
The ED has filed a complaint against Simpl and its founder Nithya Nand Sharma for allegedly violating FEMA provisions.
Zerodha, led by the Kamath brothers -- Nithin Kamath and Nikhil Kamath, also held on to its second spot with a 15.58% market share and 7.58 million users.
DotPe’s ambitious foray into financial services has come to a halt barely a year after launch, following a rapid build-up of lending volumes…
An ED investigation reveals that OCL had made foreign investment in Singapore and did not file necessary reporting to RBI for creation of overseas step down subsidiary.
Appoints Hemant Saklecha as chief credit and risk officer and Pavan Matai as head of its supply chain finance vertical.
Alongside his role as CEO of Red Dot Payments, former PayU India COO Mohit Gopal will assume responsibilities previously handled by Vijay Agicha, who resigned in November.
