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SEBI alleges illegal short selling by Hindenburg and Kotak Mahindra in Adani Enterprises. The investigation centers around a report by Hindenburg accusing the Adani Group of financial irregularities. SEBI claims Hindenburg shared a draft report with an investor for short selling and Kotak Mahindra facilitated the activity through an offshore fund. Both parties deny wrongdoing.
Information Technology

Reliance Jio Announces Mobile Tariff Hike: Full List Of New Plans And Prices

One of the top telecom service providers in India, Reliance Jio, has announced a large price rise for all of its postpaid and prepaid plans,

Watch Your Health, a Thane-based healthtech startup, raises $5 million in Series A funding led by Cornerstone Ventures and Conquest Global. The funds will be used to scale operations, expand user base, and enhance technological infrastructure, aiming to revolutionize health management with AI-driven insights and personalized care.
News

Watch Your Health Raises $5 Million In Series A Funding To Revolutionize Health Management

A Series A fundraising round worth $5 million has been successfully raised by Thane-based healthtech business Watch Your Health. Leading the fundraising were Singapore’s Conquest

Unacademy, a leading Indian edtech company, lays off 250 employees in a restructuring move. This follows industry slowdown after the pandemic boom. CEO's comment on startup failure sparks questions about the layoffs.
News

Unacademy Restructures: Lays Off 250 Employees Amidst Edtech Slowdown

250 workers at Gaurav Munjal’s Unacademy, an Indian education technology startup, were let go as part of a reorganization plan to streamline operations and turn

Impact of Digital Competition Bill on India's Startup Ecosystem: Insights & Analysis
Latest

Impact of Digital Competition Bill on India’s Homegrown Startup Ecosystem

India’s digital economy is expected to grow at a quick pace due to the country’s widespread smartphone use, reasonably priced data, and the third-largest startup

Indian Startups Raise $170M in Funding from June 24-29, 2024
Latest

Indian Startups Raise Over $170 Million in Funding from June 24 to June 29, 2024

Between June 24 and June 29, 2024, 20 startups from a variety of industries raised over $170 million in funding, capping an incredible week for

Cautio, a video telematics startup aiming to improve road safety in India, secures Rs 6.5 crore in pre-seed funding. Their AI-powered dashcams and solutions target commercial vehicles and address the critical issue of road safety in India.
News

Cautio Secures Rs 6.5 Crore In Pre-Seed Funding To Enhance Road Safety With Video Telematics

In a pre-seed financing round, Cautio, a trailblazing visual telematics business, raised Rs 6.5 crore. Their goal of enhancing road safety in India via cutting-edge

Investors Ramp Up Early Forensic Audits to Protect Startup Investments
Latest

Forensic Auditors at Startup Doors as Investors Seek Early Fixes

As a result of the recent wave of well-publicized startup collapses, private investors are calling in forensic auditors earlier on in the investing procedure. By

Is Karnataka losing its manufacturing crown? Once a leader, the state is seeing new-age manufacturers choose neighboring states like Tamil Nadu and Maharashtra. Find out why and what Karnataka can do to win them back.
News

Karnataka Sputters In Manufacturing Race As Neighboring States Take Lead

Political and business officials claim that Karnataka, which was previously a leader in drawing industrial units, is losing ground to nearby states like Tamil Nadu

Indian startups faced a funding crunch in 2024, but June saw a hopeful uptick. Explore Inc42's "30 Startups To Watch" list featuring innovative ventures driving India's entrepreneurial scene. Learn more and follow Inc42 for the latest startup news!
News

Indian Startup Funding Sees Uptick In June 2024

For Indian startups, the first half of 2024 has been particularly difficult. The “capital-starved” ecosystem, as Inc42 describes it, has faced a funding crunch. Still,

Indian banks are struggling with tighter cash conditions, forcing them to borrow more from debt markets. This shift leads to higher borrowing costs, ending an era of easy liquidity. While the HDFC-HDFC Bank merger inflated borrowing figures, the core issue is a cash crunch.
Finance

Banks Feeling The Squeeze: Tighter Cash Conditions Lead To Increased Borrowing

Indian banks are facing a new reality: tighter liquidity. This situation is forcing them to rely more heavily on debt markets to raise funds, resulting