Press Room

Care.fi Secures ₹8 Crore Debt Financing to Expand Healthcare Fintech Operations

Healthcare-focused fintech startup Care.fi has successfully raised ₹8 crore in debt financing, with ₹5 crore from Wint Wealth and ₹3 crore from Caspian, an impact debt capital provider. This funding round comes on the heels of Care.fi’s previous financial...

Nita and Akash Ambani Join Viacom18 Board Amid Disney Merger

Nita Ambani, Chairperson of Reliance Foundation, and Akash Ambani, Chairman of Reliance Jio Infocomm, have officially joined the board of Viacom18, as the company gears up for its merger with Star India, a subsidiary of global media giant Walt...

WazirX Secures 4-Month Moratorium Amid $230M Cyberattack

In a significant development, cryptocurrency exchange WazirX has been granted a four-month conditional moratorium by a Singapore court, following a major cyberattack that resulted in a $230 million loss. This temporary relief allows WazirX to restructure operations and address...

Meesho Partners with D2C Brands Ahead of Festive Season to Expand Offerings

E-commerce platform Meesho has announced new partnerships with several Direct-to-Consumer (D2C) brands, including popular names like Mamaearth, Denver, Himalaya, Bajaj, Joy, Lotus Herbals, Biotique, Bata, and more. These partnerships are aimed at strengthening Meesho's offering on its Meesho Mall...

InCred Finance Appoints Gaurav Maheshwari as Head of Finance After Vivek Bansal’s Exit

InCred Finance has appointed Gaurav Maheshwari, the former CFO of Standard Chartered Bank, as its new Head of Finance following the exit of Vivek Bansal, who left the company after a six-year tenure to start his own NBFC. Maheshwari...

Sidharth Malhotra Joins Celebrity Investors in Swiggy Ahead of IPO

Bollywood actor Sidharth Malhotra has joined the ranks of celebrity investors backing food delivery giant Swiggy ahead of its highly anticipated IPO. According to media reports, Malhotra made the investment through equity shares via his home office, though the...

TRAI Prioritizes Satellite Spectrum Pricing Framework, Postpones OTT Regulation

The Telecom Regulatory Authority of India (TRAI) has announced its decision to prioritize satellite spectrum pricing over the regulation of over-the-top (OTT) platforms such as WhatsApp, Telegram, and Google Meet. According to TRAI Chairman Anil Kumar Lahoti, a consultation...

Star Health Sues Telegram Over Policyholder Data Leak

Star Health Insurance, one of India's leading insurers, has taken legal action against messaging platform Telegram and a hacker, following the leak of personal and medical data of its policyholders via Telegram chatbots. The Madras High Court granted a...

Mudhal VC Launched to Support Idea-Stage Startups in Tamil Nadu

Suresh Sambandam, founder and CEO of Kissflow, has launched Mudhal VC, a venture capital fund dedicated to empowering early-stage startups from Tamil Nadu's Tier 2 and Tier 3 cities. Aimed at driving innovation beyond conventional tech hubs, the fund...

Peak XV Achieves $1.2 Billion in Exits Since Sequoia Split, Expands Global Footprint

Peak XV Partners, the leading venture fund in India and Southeast Asia, has realized $1.2 billion in exits since its separation from Sequoia last year. The exits, a combination of public listings and private sales, underscore the firm’s growing...

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