Zomato has announced that its wholly-owned subsidiary Zomato Payments has been granted a certificate of authorisation from the Reserve Bank of India (RBI) to operate as an online Payment Aggregator …
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DocOsage secures undisclosed amount in pre-seed funding led by Angel Investor
by The Founderby The FounderAI-powered healthtech platform DocOsage has raised pre-seed funding led by Dr Mayur Agarwal, an Angel Investor. The funds will be utilised to enhance product development, refine core-AI capabilities for health …
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MobiKwik has announced that it is going to generate Rs 880 crore through an Initial Public Offering (IPO). It is the company’s second attempt at a public listing after abandoning …
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CCI approves acquisition of certain stake of Lenskart Solutions by Kedaara Capital Fund
by The Founderby The FounderThe Competition Commission of India (CCI) has approved acquisition of certain stake of Lenskart Solutions by Kedaara Capital Fund, according to the Ministry of Corporate Affairs. The proposed combination relates …
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Lincoln Pharmaceuticals Reports Net Profit of Rs. 19.01 crore in Q1 FY24
by The Founderby The FounderLincoln Pharmaceuticals Limited has reported a standalone net profit of Rs. 19.01 crore for Q1 FY 2023-24 ended June 2023 as against net profit of Rs. 15.01 crore in Q1 …
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Transcell and Quantiphi develop Digital Animal Replacement Technology
by The Founderby The FounderTranscell Oncologics and Quantiphi have together developed an innovative solution known as Digital Animal Replacement Technology (DART), an advancement that harnesses human microphysiological systems and employs Artificial Intelligence (AI) and Machine …
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The cabinet committee on Economic Affairs chaired by Prime Minister Narendra Modi recently approved the Foreign Direct Investment (FDI) proposal of up to Rs 9,589 crore in Suven Pharmaceuticals Limited …
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SBI seeks buyers for its Rs 96,000 crore distressed loans
by The Founderby The FounderThe country’s largest bank circulated a list of 331 accounts comprising Rs 96278 crore loans to Future group, Anil Ambani promoted companies, Videocon group, and Jaypee group, among others, shows …
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Deloitte Touche Tohmatsu India yesterday announced the appointment of Aditya Puri as a senior adviser to the organisation. A veteran banker and former Managing Director and CEO of HDFC Bank, …
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Flipkart has launched ‘Flipkart Commerce Cloud,’ which offers retail technology solutions for International retailers, marketplaces and e-commerce platforms. The company aims to help retailers across the world grow their business …