ED alleges fake invoices, hawala links in Pay10 money laundering probe
ED seized cash, bullion, incriminating documents, froze four luxury vehicles; and identifies Dubai-based Grenadian national as Pay10's alleged ultimate beneficial owner.
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ED seized cash, bullion, incriminating documents, froze four luxury vehicles; and identifies Dubai-based Grenadian national as Pay10's alleged ultimate beneficial owner.
During the raids, the ED reportedly seized substantial cash, valuables, electronic devices, and other incriminating evidence.
The fresh capital will support hiring and starting work on its next generation of chips.
The acquisition is part of a strategic move to build and invest in core GenAI capabilities to enhance the shopping experience at Flipkart.
The companies were operating in the digital banking and payments space.
Existing investors including DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and Nvidia also participated in the funding round.
As of now, state-owned General Insurance Corporation of India (GIC Re) is the only reinsurer in the country.
Deciml, which uses its round-up feature to automatically invest spare change from users’ daily transactions into mutual funds, is Jainam Broking's first startup investment.