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As smaller companies gained headway in India's unified payments interface in June, the share of total transactions processed by Walmart Inc.-owned PhonePe and Alphabet Inc.’s Google Pay declined slightly. From 48.67% in May to 48.37% now, PhonePe's percentage of all UPI transactions
Finance Minister Nirmala Sitharaman announced on Tuesday 23 July, during the presentation of the Union Budget for 2024-25, that the government has proposed to repeal the angel tax on all asset classes. This move will greatly benefit the startup environment. Angel tax, which is a provision in the Income Tax
The launch of UPI One World, an enhanced convenience and security digital wallet, has made traveling to India much easier for international travelers. Using this cutting-edge payment method, visitors worldwide may enjoy their time in India without dealing with complicated currency exchanges or carrying large amounts of cash. The UPI
Hardik Pandya, an all-rounder, has launched a line of athletic apparel through an exclusive licencing agreement with FanCode Shop, the online goods store owned by Dream Sports. In a revenue-sharing collaboration, FanCode Shop will create, produce, and sell the products under the Hardik Pandya brand. Starting from INR 999 and
A massive purchase of new warships for the Indian Navy, around INR 70,000 crore, is about to be approved by the defence ministry. The stealth frigates are the next generation of Indian naval vessels, following in the footsteps of the Nilgiri class, which are presently in the works. According
Today, on the first day of the budget session, Nirmala Sitharaman, the union finance minister, presented the Economic Survey 2023-24 to the house. Tomorrow, she will present the Union Budget 2024-25. In it, the Modi government laid out its plans to improve India's startup scene and tracked the
Hackers allegedly stole over $230 million in customer holdings, or about half of the platform's reserves, from WazirX, one of the country's main cryptocurrency enterprises. This was one of the worst hacks on an Indian exchange. This event demonstrates the difficulty in securing Bitcoin exchanges and
In a possible deal involving its rapid commerce division under Instamart, Amazon India has reportedly approached Swiggy, which is preparing for an IPO, according to three people familiar with the situation. This news follows closely on the back of Swiggy's secretly submitting draft documents with Sebi for an
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In an arena where the digital economy is blossoming, messaging apps have evolved beyond simple communication tools to become platforms for commerce and content sharing. Among them, Telegram, founded by Pavel Durov, has distinguished itself through a unique combination of speed, security, and privacy. Telegram is amazingly free and open-source
The outstation electric bus service provider Fresh Bus, with headquarters in Bengaluru, received a Series A investment round of INR 43.6 crore, or around $5.3 million. The third fundraising round, led by Saama Capital, was backed by ixigo, a market peer. The corporate board has approved a special
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It's no secret that when it comes to celebrities, controversy often follows them wherever they go. From bizarre obsessions to strange habits, these A-listers are no strangers to making headlines for all the wrong reasons. Some of them have even gone to great lengths to pamper their pets,
👨💻StartupTalkers
Amid perspectives that say that the eCommerce business is saturated and there is not much scope, there is this story of Vidit Aatrey, who proved them wrong. Vidit, the Co-founder of Meesho, never looked to compete with Amazon or Flipkart. But what he looked for, was the opportunity to solve