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News from Inc42

Zaggle Allots 2.29 Lakh Equity Shares Under ESOP Plan

Inc42 · 9h

Zaggle Allots 2.29 Lakh Equity Shares Under ESOP Plan

Zaggle's board has approved the issuance of 2,29,134 equity shares with a face value of INR 1 each. The exercise price for 1,28,600 equity shares is set at INR 1, while it is INR 164 for 1,00,534 equity shares....

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CoinDCX Unveils Feature For Users To Access Control Over Crypto Assets

Inc42 · 11h

CoinDCX Unveils Feature For Users To Access Control Over Crypto Assets

CoinDCX, a cryptocurrency exchange, has introduced a new decentralized feature that allows users to hold their assets directly on the blockchain, thus eliminating the risk of exposure. This feature does not giv...

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Nazara Arm Datawrkz Buys UK’s Growth Marketing Agency Space & Time

Inc42 · 12h

Nazara Arm Datawrkz Buys UK’s Growth Marketing Agency Space & Time

Datawrkz has acquired a 100% stake in Space & Time, a UK-based growth marketing agency, for approximately INR 52.3 Cr in a cash and stock transaction. Datawrkz intends to expand its presence in Europe and North...

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TRAI Soon To Finalise Updated Regulations On Curbing Spam Calls, Messages

Inc42 · 16h

TRAI Soon To Finalise Updated Regulations On Curbing Spam Calls, Messages

The Telecom Regulatory Authority of India (TRAI) is set to finalize regulations within the next three months following discussions on a recent consultation paper. TRAI proposes that telecom subscribers who make...

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Apple To Start Manufacturing iPhone In India Soon: Report

Inc42 · 16h

Apple To Start Manufacturing iPhone In India Soon: Report

Apple is planning to start manufacturing the base model of the iPhone 17 in India. The company is said to be collaborating with an Indian factory for this production. In September, Apple began manufacturing its...

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How AI Is Powering The Next Wave Of Legal Innovation In India

Inc42 · 19h

How AI Is Powering The Next Wave Of Legal Innovation In India

The legal sector in India has been slow in adopting technology due to its reliance on professionals and the unstructured nature of legal data. However, the Covid-19 pandemic forced the industry to embrace techn...

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9 Spiritual Tech Startups Transforming India’s Faith Market

Inc42 · 20h

9 Spiritual Tech Startups Transforming India’s Faith Market

The Indian religious and spiritual market is growing rapidly, with a predicted CAGR of 10% until 2032. The market is currently worth $58.56 billion, and there are over 900 spiritual tech startups in the country...

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Razorpay Walks The Tightrope Of Regulations And Profits

Inc42 · 22h

Razorpay Walks The Tightrope Of Regulations And Profits

Harshil Mathur, the co-founder and CEO of Razorpay, believes that regulations are beneficial for the fintech industry. According to industry experts, Razorpay is one of the leading players in India's payments g...

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Swiggy Instamart Faces Outage For More Than An Hour

Inc42 · 1d

Swiggy Instamart Faces Outage For More Than An Hour

Swiggy experienced technical issues and went offline temporarily. The app is now back online and orders are being accepted. However, some delivery executives reported difficulties with scanning orders and accep...

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Medial Quiz

Which Startup Raised the Biggest Seed round ever?

• Google• OpenAi• Safe SuperIntelligence (SSI)• Perplexity

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Navi Finserv Allowed To Make Disbursals Sanctioned Before Oct 20

Inc42 · 1d

Navi Finserv Allowed To Make Disbursals Sanctioned Before Oct 20

The recent reprieve granted to Navi Finserv will provide significant relief to homebuyers who had obtained home loans before the RBI's crackdown on the company. The RBI had previously prohibited Navi Finserv fr...

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Ola Electric Share Price Dips Below Listing Price To All Time Low

Inc42 · 1d

Ola Electric Share Price Dips Below Listing Price To All Time Low

The market capitalisation of a company decreased to $4.00 Bn from $4.05 Bn due to an increase in complaints about their e-scooters. The company also received a show cause notice from the Central Consumer Protec...

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NBFC Finova Capital Nets $135 Mn To Expand Loan Book

Inc42 · 1d

NBFC Finova Capital Nets $135 Mn To Expand Loan Book

Expand article to read more:...

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85% Of Indian SaaS Ventures Have Jumped On The AI Bandwagon

Inc42 · 1d

85% Of Indian SaaS Ventures Have Jumped On The AI Bandwagon

India has seen a significant increase in AI-powered SaaS startups, with around 70% emerging in the past three years. The government aims to position the country as a leader in AI and has allocated INR 10,372 Cr...

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Karnataka Unveils Two Flagship Programmes To Boost Early Stage Startups

Inc42 · 1d

Karnataka Unveils Two Flagship Programmes To Boost Early Stage Startups

ELEVATE 2024 is a grant aid program that offers up to INR 50 lakh per startup, supporting innovation and entrepreneurship. The Karnataka Acceleration Network (KAN) is a growth-stage focused accelerator program ...

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RBI To Launch AI System For Real Time Fraud Alerts

Inc42 · 1d

RBI To Launch AI System For Real Time Fraud Alerts

The Reserve Bank of India Innovation Hub has created MuleHunter AI, an AI and machine learning model aimed at helping banks and financial institutions identify mule accounts used in fraudulent activities. The s...

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Cashfree Gets RBI’s Prepaid Payment Instrument Licence

Inc42 · 1d

Cashfree Gets RBI’s Prepaid Payment Instrument Licence

Cashfree has become the first fintech company to secure licences for payment aggregator (PA), payment aggregator-cross-border (PA-CB), and prepaid payment instrument (PPI) from the RBI. The PPI license will all...

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Vridhi Home Finance Bags INR 310 Cr From Norwest, Others

Inc42 · 1d

Vridhi Home Finance Bags INR 310 Cr From Norwest, Others

Vridhi Home Finance plans to enhance its technology infrastructure to grow in the current market, according to the company's statement. The startup prioritizes customer-centricity, risk management, and a robust...

View Source

Govt Warns Against Illegal Payment Gateways Facilitating Laundering

Inc42 · 1d

Govt Warns Against Illegal Payment Gateways Facilitating Laundering

The Ministry of Home Affairs (MHA) and the Indian Cybercrime Coordination Centre (I4C) have issued an alert against illegal payment gateways that facilitate money laundering. Transnational criminals have been f...

View Source

Medial Quiz

The concept of 'unicorn' in the startup world refers to:

• Startups offering unique and innovative products or services• Startups achieving a valuation of $1 billion or more• Startups with revenue of $1 billion or more• Startups supported by government grants and angel investors

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Top Users

News from Inc42

Zaggle Allots 2.29 Lakh Equity Shares Under ESOP Plan

Zaggle's board has approved the issuance of 2,29,134 equity shares with a face value of INR 1 each. The exercise price for 1,28,600 equity shares is set at INR 1, while it is INR 164 for 1,00,534 equity shares....

CoinDCX Unveils Feature For Users To Access Control Over Crypto Assets

CoinDCX, a cryptocurrency exchange, has introduced a new decentralized feature that allows users to hold their assets directly on the blockchain, thus eliminating the risk of exposure. This feature does not giv...

Nazara Arm Datawrkz Buys UK’s Growth Marketing Agency Space & Time

Datawrkz has acquired a 100% stake in Space & Time, a UK-based growth marketing agency, for approximately INR 52.3 Cr in a cash and stock transaction. Datawrkz intends to expand its presence in Europe and North...

TRAI Soon To Finalise Updated Regulations On Curbing Spam Calls, Messages

The Telecom Regulatory Authority of India (TRAI) is set to finalize regulations within the next three months following discussions on a recent consultation paper. TRAI proposes that telecom subscribers who make...

Apple To Start Manufacturing iPhone In India Soon: Report

Apple is planning to start manufacturing the base model of the iPhone 17 in India. The company is said to be collaborating with an Indian factory for this production. In September, Apple began manufacturing its...

How AI Is Powering The Next Wave Of Legal Innovation In India

The legal sector in India has been slow in adopting technology due to its reliance on professionals and the unstructured nature of legal data. However, the Covid-19 pandemic forced the industry to embrace techn...

9 Spiritual Tech Startups Transforming India’s Faith Market

The Indian religious and spiritual market is growing rapidly, with a predicted CAGR of 10% until 2032. The market is currently worth $58.56 billion, and there are over 900 spiritual tech startups in the country...

Razorpay Walks The Tightrope Of Regulations And Profits

Harshil Mathur, the co-founder and CEO of Razorpay, believes that regulations are beneficial for the fintech industry. According to industry experts, Razorpay is one of the leading players in India's payments g...

Swiggy Instamart Faces Outage For More Than An Hour

Swiggy experienced technical issues and went offline temporarily. The app is now back online and orders are being accepted. However, some delivery executives reported difficulties with scanning orders and accep...

Medial Quiz

Which Startup Raised the Biggest Seed round ever?

Navi Finserv Allowed To Make Disbursals Sanctioned Before Oct 20

The recent reprieve granted to Navi Finserv will provide significant relief to homebuyers who had obtained home loans before the RBI's crackdown on the company. The RBI had previously prohibited Navi Finserv fr...

Ola Electric Share Price Dips Below Listing Price To All Time Low

The market capitalisation of a company decreased to $4.00 Bn from $4.05 Bn due to an increase in complaints about their e-scooters. The company also received a show cause notice from the Central Consumer Protec...

NBFC Finova Capital Nets $135 Mn To Expand Loan Book

Expand article to read more:...

85% Of Indian SaaS Ventures Have Jumped On The AI Bandwagon

India has seen a significant increase in AI-powered SaaS startups, with around 70% emerging in the past three years. The government aims to position the country as a leader in AI and has allocated INR 10,372 Cr...

Karnataka Unveils Two Flagship Programmes To Boost Early Stage Startups

ELEVATE 2024 is a grant aid program that offers up to INR 50 lakh per startup, supporting innovation and entrepreneurship. The Karnataka Acceleration Network (KAN) is a growth-stage focused accelerator program ...

RBI To Launch AI System For Real Time Fraud Alerts

The Reserve Bank of India Innovation Hub has created MuleHunter AI, an AI and machine learning model aimed at helping banks and financial institutions identify mule accounts used in fraudulent activities. The s...

Cashfree Gets RBI’s Prepaid Payment Instrument Licence

Cashfree has become the first fintech company to secure licences for payment aggregator (PA), payment aggregator-cross-border (PA-CB), and prepaid payment instrument (PPI) from the RBI. The PPI license will all...

Vridhi Home Finance Bags INR 310 Cr From Norwest, Others

Vridhi Home Finance plans to enhance its technology infrastructure to grow in the current market, according to the company's statement. The startup prioritizes customer-centricity, risk management, and a robust...

Govt Warns Against Illegal Payment Gateways Facilitating Laundering

The Ministry of Home Affairs (MHA) and the Indian Cybercrime Coordination Centre (I4C) have issued an alert against illegal payment gateways that facilitate money laundering. Transnational criminals have been f...

Medial Quiz

The concept of 'unicorn' in the startup world refers to:

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