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From Flam To VerifAIX — Indian Startups Raised About $59 Mn This Week Askwiki

From Flam To VerifAIX — Indian Startups Raised About $59 Mn This Week

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While the introduction of MDR on UPI dominated India’s new-age tech discourse this week, startup funding fell sharply. Fourteen startups raised $58.…

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India Needs Hundreds Of Chip Companies To Build Global Ecosystem: L&T Semicon CEO Askwiki

India Needs Hundreds Of Chip Companies To Build Global Ecosystem: L&T Semicon CEO

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“India will need hundreds of semiconductor companies to build a globally competitive chip ecosystem, as the country looks to move beyond setting up f…

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Apple Pay May Launch In India Next Month With Axis Bank Partnership: Report Askwiki

Apple Pay May Launch In India Next Month With Axis Bank Partnership: Report

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Apple is eyeing the launch of its payments service Apple Pay in India as early as next month, with Axis Bank likely to be its first banking partner. …

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UPI’s MDR Era, SEMICON India Day 1 Highlights & More Askwiki

UPI’s MDR Era, SEMICON India Day 1 Highlights & More

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Who Will Foot The UPI MDR Bill? UPI transformed digital payments by making them virtually free. From October 15, this equation will change as high-v…

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Kissht Gets Board Nod To Raise ₹832 Cr Via Preferential Issue Askwiki

Kissht Gets Board Nod To Raise ₹832 Cr Via Preferential Issue

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Listed NBFC Kissht has secured board approval to raise up ₹832.2 Cr via a preferential issue of equity shares to 34 investors and entities.  In a fi…

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Centre Rejects External Pressure Claims Over UPI MDR Rollout Askwiki

Centre Rejects External Pressure Claims Over UPI MDR Rollout

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Amid the ongoing debate over the introduction of MDR on select UPI transactions , the finance ministry’s Department of Financial Services (DFS) has s…

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Practo Leadership Reshuffle: Jagnoor Singh Replaces Cofounder Shashank ND As CEO Askwiki

Practo Leadership Reshuffle: Jagnoor Singh Replaces Cofounder Shashank ND As CEO

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Healthtech startup Practo has overhauled its top leadership, appointing former COO Jagnoor Singh as CEO, while cofounder and former CEO Shashank ND S…

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RentoMojo Makes Strong Market Debut, Lists At Nearly 19% Premium Askwiki

RentoMojo Makes Strong Market Debut, Lists At Nearly 19% Premium

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Furniture and appliance rental startup RentoMojo made a strong stock market debut, with its shares listing at a premium of nearly 19% over the IPO is…

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Clean Label Brands Vs FSSAI, PhonePe Eyes 2027 IPO & More Askwiki

Clean Label Brands Vs FSSAI, PhonePe Eyes 2027 IPO & More

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The Clean Label Credibility Test  India’s clean-label boom is facing its toughest test yet. FSSAI’s recent crackdown on health and purity claims is …

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Zerodha, INDmoney Flag UPI MDR Impact On Brokers, Nithin Kamath Seeks ₹5-10 Cap Askwiki

Zerodha, INDmoney Flag UPI MDR Impact On Brokers, Nithin Kamath Seeks ₹5-10 Cap

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Investment platforms Zerodha and INDmoney have flagged the cost impact of the new merchant discount rate (MDR) on UPI transactions, warning that they…

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VerifAIX Bags $5 Mn To Scale AI-Based Chip Verification Platform Askwiki

VerifAIX Bags $5 Mn To Scale AI-Based Chip Verification Platform

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AI-native semiconductor verification startup VerifAIX has raised $5 Mn (about ₹48 Cr) in a seed funding round co-led by Endiya Partners and Bluehill …

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