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Exclusive: CARS24’S India Used Car CEO Himanshu Ratnoo To Quit, Vikram Chopra Takes Charge Askwiki

Exclusive: CARS24’S India Used Car CEO Himanshu Ratnoo To Quit, Vikram Chopra Takes Charge

Askwiki Exclusive

CARS24’s India used car business CEO Himanshu Ratnoo will be stepping down from his role, sources have told Inc42.  In an internal note, Ratnoo ann…

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Karkhana Acquires Micron EMS To Scale Electronics Manufacturing Askwiki

Karkhana Acquires Micron EMS To Scale Electronics Manufacturing

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B2B contract manufacturing startup Karkhana has acquired electronics manufacturing services (EMS) firm Micron EMS Tech for an undisclosed amount. Wi…

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Exclusive: Nitro Commerce Acquires Zodiac Labs AI To Offer Copilot For Quick Commerce Askwiki

Exclusive: Nitro Commerce Acquires Zodiac Labs AI To Offer Copilot For Quick Commerce

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Months after a fresh capital infusion of $5 Mn , enterprise tech startup Nitro Commerce has acquired Gurugram-based AI copilot company Zodiac Labs …

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Sovereign AI Gains Steam, Meesho Gets Tax Notice & More Askwiki

Sovereign AI Gains Steam, Meesho Gets Tax Notice & More

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Sarvam Goes Open; New AI Deals  India’s AI landscape hit something of an inflection point this weekend. From Sarvam AI open sourcing its foundation…

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Fino Payments Bank Appoints CFO Ketan Merchant As Interim CEO Askwiki

Fino Payments Bank Appoints CFO Ketan Merchant As Interim CEO

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About a week after its MD & CEO Rishi Gupta’s arrest, Fino Payments Bank has appointed its CFO Ketan Merchant as its new interim CEO.  The Nomin…

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From Rozana To Cent — Indian Startups Raised $98 Mn This Week Askwiki

From Rozana To Cent — Indian Startups Raised $98 Mn This Week

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While February saw an escalating push in the funding activity, the first week of March saw muted responses from the investors. Between March 2 to 6,…

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RBI Proposes ₹25K Cap On Compensation For Online Frauds Askwiki

RBI Proposes ₹25K Cap On Compensation For Online Frauds

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The Reserve Bank of India (RBI) yesterday released draft guidelines for a compensation scheme to protect consumers from digital fraud.  Under the p…

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Karnataka To Ban Social Media For Children Below 16 Askwiki

Karnataka To Ban Social Media For Children Below 16

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In a move aimed at tackling growing concerns around digital addiction and excessive screen time among children, the Karnataka government has propose…

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New Wave Of Venture Studios, Lightspeed’s AI Playbook & More Askwiki

New Wave Of Venture Studios, Lightspeed’s AI Playbook & More

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VCs Turn To Building Startups Indian VCs and angels are no longer content with backing startups. A new breed of venture studios is flipping the usu…

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Rozana Nets ₹290 Cr To Scale Its Rural Omnichannel Presence Askwiki

Rozana Nets ₹290 Cr To Scale Its Rural Omnichannel Presence

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Rural India-focussed ecommerce startup Rozana has netted ₹290 Cr ($31.6 Mn) in a Series B funding round led by existing backer Bertelsmann India Inv…

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Govt May Consider Relaxing SIM-Binding Rules: Report Askwiki

Govt May Consider Relaxing SIM-Binding Rules: Report

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The Centre is reportedly considering easing some of the proposed SIM-binding rules after industry players raised concerns over the scope of the regu…

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Exclusive: RentoMojo Kicks Off IPO Journey, Converts Into Public Company Askwiki

Exclusive: RentoMojo Kicks Off IPO Journey, Converts Into Public Company

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Furniture and appliance rental startup RentoMojo has converted from a private limited company to a public limited company. As per the startup’s MCA…

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SEDEMAC IPO: Issue Subscribed 31% On Day 2 So Far Askwiki

SEDEMAC IPO: Issue Subscribed 31% On Day 2 So Far

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Deeptech company SEDEMAC’s initial public offering (IPO) continued to see tepid investor interest amid a turbulent broader market on its second day …

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PhonePe Eyes $10.5 Bn Valuation For IPO Next Month: Report Askwiki

PhonePe Eyes $10.5 Bn Valuation For IPO Next Month: Report

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Fintech major PhonePe is planning to open its IPO by next month, contingent on how the currently tense geopolitical situation unfolds.  Citing sour…

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