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Paytm Forecasts Annual EBITDA Impact of Up To INR 500 Cr Following RBI Restrictions
Regulatory Action Sparks Financial Projection Paytm, the prominent fintech giant, is anticipating a substantial annual impact on its EBITDA (Earnings Before Interest, Taxes, Depreciation, and
BYJU’S Initiates $200 Mn Rights Issue with Drastic Valuation Cut
Introduction In a bid to alleviate its financial struggles, edtech giant BYJU’S has commenced a $200 million rights issue, targeting existing investors. However, the move
Alphabet’s Q4 Financial Report Exceeds Estimates, Shares Dip Amid Ad Revenue
Introduction Alphabet, the parent company of Google, released its Q4 financial results for the period ending December 31, 2023, surpassing revenue and profit expectations. However,
Aquaconnect Raises $4 Million to Revolutionize Indian Aquaculture Sector
Introduction Chennai-based startup Aquaconnect has successfully secured $4 million in a recent funding round. The fresh capital infusion is earmarked for accelerating operational growth, expanding
Delhi High Court Upholds Anti-Profiteering Provisions Under CGST Act
Legal Blow to Major Corporations In a significant legal development, the Delhi High Court has dealt a blow to over 100 companies, including major players
Wize: Transforming Last-Mile Delivery in UAE
Addressing Last-Mile Challenges In response to the surge in last-mile delivery demand in the UAE and the growing concern over carbon emissions, Dubai-based startup Wize
Hopes Pinned on Budget 2024 for Regulatory Clarity in VC and PE Sectors
As the startup funding climate faces challenges, investors and companies await Budget 2024 for potential relief and clarity on regulatory concerns. The venture capital (VC)
Anticipating a Resurgence: Will 2024 Witness the Return of Unicorns in India’s Startup Ecosystem?
After a prolific year in 2021, where an impressive 45 Indian startups achieved unicorn status, the subsequent years experienced a decline with 22 unicorns in
Ola Mobility Appoints Sidharth Shakdher, Formerly of Disney+ Hotstar, as Chief Business
Ola Mobility has welcomed Sidharth Shakdher as its Chief Business Officer (CBO), signaling a strategic move for the ride-hailing giant. Shakdher, with an extensive 25-year
Insurtech Revolutionizes Market Dynamics with Sachet-Sized Offerings
Technology-driven innovations in the insurance sector are reshaping market dynamics, introducing sachet-sized insurance products with minimal premiums. This transformative approach, akin to digital mutual fund