Rocket, an AI-driven platform, has raised $15 million in funding to enable users to build applications using its technology. The platform aims to democratize app development by…
23/09/20251 min read
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Rocket, an AI-driven platform, has raised $15 million in funding to enable users to build applications using its technology. The platform aims to democratize app development by…
Zaggle, a fintech company, saw its stock price surge by 5% following strategic partnerships with AU Small Finance Bank and Mastercard. These collaborations aim to enhance Zaggle's…
Neomile Capital has increased its stake in Arisinfra to 5.13%, signaling confidence in the company's growth prospects. Arisinfra, a player in the infrastructure sector, has been…
Porter, a logistics startup, has achieved profitability in FY25, with revenues exceeding INR 4,000 crore. The company's growth is attributed to its efficient technology platform…
Chiratae Ventures has announced the second close of its fifth fund at $150 million, bringing it closer to its target corpus. The fund will focus on investing in early-stage…
Swiggy has agreed to sell its stake in Rapido, a bike-taxi and logistics startup, to Prosus and WestBridge for INR 2,400 crore. This divestment is part of Swiggy's strategy to…
Prism, the parent company of OYO, has secured INR 50 crore in funding to expand its portfolio of premium hotels ahead of its initial public offering IPO . The investment aims to…
MakeMyTrip MMT appointed Dipak Bohar, former Wipro executive, as Chief Financial Officer CFO , while promoting Mohit Kabra as Chief Operating Officer COO . Bohar’s experience in…
Purple Style Labs has filed its Draft Red Herring Prospectus DRHP with SEBI to raise ₹660 crore through an Initial Public Offering IPO . The company plans to use proceeds to…
Rocket, a fintech startup, successfully raised $15 million in its seed funding round, led by Salesforce Ventures with participation from other global investors. The funding will…
An analysis of Series A funding rounds shows that many startup founders face significant equity dilution, losing operational and decision-making control. Heavy capital infusions…
Purple Style Labs, a consumer-focused startup, reported flat revenues for FY25 compared to the previous year, while losses increased by 36%, reflecting higher operational costs…
Swiggy exited its investment in Rapido, yielding a 2.35x return, while Prosus and WestBridge acquired significant stakes in the company. This transaction reflects a strong return…
The Supreme Court observed that the workload of judges in higher judiciary is disproportionately high, noting that one year of judgeship equates to five years of practicing as a…
The Delhi High Court permitted Patanjali Ayurved to continue using the tagline “Why settle for ordinary Chyawanprash?” in its advertisement, while removing any references to…
BJP leader Gaurav Bhatia approached the Delhi High Court seeking removal of social media posts that allegedly misrepresented his appearance on a TV debate, where he wore shorts.…
The Kerala High Court examined the exercise of Section 473 of the Criminal Procedure Code CrPC , which allows condoning of delays in filing applications, appeals, or revisions if…
The Madras High Court clarified that under Sections 63 and 65 of the Indian Evidence Act, a xerox copy of a cheque may be admitted as secondary evidence in court proceedings if…
The Kerala High Court granted relief to a 29-year-old man seeking erasure of all records relating to a criminal case from his juvenile years. Under Sections 3 xiv “fresh start”…
The Punjab & Haryana High Court has held that a rule mandating that candidates secure 50% aggregate marks combining written exam + viva-voce in order to qualify for the Superior…
Gaurav Bhatia a BJP leader moved the Delhi High Court seeking orders for removal of social media posts about a TV debate video in which he appeared wearing shorts. Gaurav Bhatia…
In a dispute between Patanjali Ayurved and Dabur India over advertising for chyawanprash, the Delhi High Court has modified earlier orders restraining Patanjali from running…
The Manipur High Court has asked the Central and State Governments to respond to a writ petition by the Kuki Women Organisation for Human Rights Trust. The petition seeks relief…
The Central Board of Indirect Taxes and Customs CBIC issued a GST Ready Reckoner, listing updated CGST rates on various goods. The ready reckoner serves as a reference for…
The Supreme Court ruled that once a Special Leave Petition SLP is withdrawn unconditionally, a party cannot later file a second SLP against the same order. The Court further…
Bollywood actor Ranbir Kapoor and singer Badshah invested in Gabit, a smart ring startup focused on wearable technology and digital lifestyle solutions. Gabit’s smart rings offer…
The Punjab & Haryana High Court held that attempting to initiate an unwelcome conversation with a woman, while possibly “annoying,” does not by itself amount to the offence of…
Ultrahuman, an Indian health and wellness technology startup, achieved a net profit of ₹73 crore in FY25, marking a significant turnaround from previous years. This profit…
The Supreme Court recently flagged critical inconsistencies between Section 13 8 of the SARFAESI Act, 2002, and Rule 9 of the Security Interest Enforcement Rules, 2002, relating…
The Institute of Chartered Accountants of India ICAI has extended the deadline for submission of the Multipurpose Empanelment Form MEF for 2025-26 to October 10, 2025, from the…
Prime Minister Narendra Modi announced the Navratri GST Savings Festival starting September 22, designed to provide citizens with tangible tax savings during the festive season.…
The Enforcement Directorate ED uncovered a massive ₹700 crore money laundering operation orchestrated through forged Chartered Accountant forms, resulting in one of the largest…
The Institute of Chartered Accountants of India ICAI imposed a 30-day suspension on a member for contravening professional norms by acting as a company director and engaging in…
Prime Minister Narendra Modi addressed the nation ahead of the implementation of next-generation GST rates and reforms, emphasizing the government’s commitment to a simplified and…
The Allahabad High Court addressed the application of Section 93 of the GST Act concerning the liability of legal heirs for dues of deceased taxpayers. The court clarified that…
The Allahabad High Court recently stayed coercive action initiated against a trader accused of GST evasion, following the discovery of a truck with a defaced number plate linked…
The Government of India launched the "GST Bachat Utsav," marking the nationwide rollout of next-generation GST reforms aimed at reducing household expenses and boosting savings.…
The Institute of Company Secretaries of India ICSI released its 45th Annual Report, showcasing its initiatives in Environmental, Social, and Governance ESG frameworks, governance…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT upheld a ₹2.55 lakh CENVAT credit demand along with interest, ruling that the credit was wrongly availed on traded…
Coding Ninjas, an Indian online coding education startup, posted FY25 revenue of ₹67 crore and reduced net losses by 41% compared to the previous fiscal year. The company…
Ultrahuman, a leading Indian healthtech platform, disclosed FY25 financials showing ₹565 crore in revenue and ₹73 crore in net profit, reflecting a fivefold growth in revenue…
The Delhi High Court declared Customs Circular No. 35/2017-Cus void, as it contravened Section 110A of the Customs Act, 1962, which permits provisional release of seized goods…
Dhan, a fintech company providing investment and financial services, has appointed Ketan Shah, previously with AngelOne, as CEO of its omni-channel business. Shah’s role focuses…
888VC, a venture capital firm, announced the launch of a ₹175 crore fund dedicated to supporting early-stage startups in AI, deeptech, and sustainability sectors. The fund is…
PhonePe, one of India’s leading digital payments platforms, disclosed FY25 results showing ₹7,115 crore in revenue and ₹630 crore in adjusted profit after tax PAT . The platform’s…
Chakr Innovation, an Indian cleantech company specializing in anti-pollution technology, secured $23 million in a funding round led by Iron Pillar. The startup develops solutions…
EaseMyTrip, a leading Indian online travel company, increased its stake in Eco Hotels by 77%, raising total ownership to over 20%. The strategic investment is intended to enhance…
After listing on the stock exchange, Urban Company saw its shares rally, even as other new-age technology stocks experienced volatile movements. The company operates a wide range…
Indian IT companies faced renewed challenges due to changes in U.S. visa policies, creating uncertainties in workforce mobility and project timelines. The modifications, affecting…
Urban Company, India’s leading home services and wellness marketplace, experienced a significant 8.5% increase in share price amid a mixed week for tech stocks. The company offers…
Rocket, an AI-driven platform, has raised $15 million in funding to enable users to build applications using its technology. The platform aims to democratize app development by…
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