Razorpay buys into UPI startup Pop with $30 million bet to woo D2C brands
The Bengaluru-based startup, which focuses on UPI payments, had raised $12 million from Incubate Fund India and Unilever Ventures last October.
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OnePlus begins production of Made in India IoT devices with Optiemus Electronics
Optiemus Electronics has partnered with OnePlus to manufacture premium IoT devices, including TWS earbuds and wireless neckbands, in India. Production has commenced with the OnePlus Bullets Wireless Z3 at Optiemus’ facility. This collaboration aims to increase localisation, reduce costs, and…
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CCI approves Delhivery’s acquisition of Ecom, M&M-SML Isuzu deal
The Competition Commission of India (CCI) has approved Delhivery’s acquisition of Ecom Express and Mahindra & Mahindra’s (M&M) acquisition of SML Isuzu. Delhivery will acquire a majority stake in Ecom Express for ₹1,407 crore, enhancing its logistics solutions for the…
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Sebi board meeting today. 5 key proposals on the agenda
The Securities and Exchange Board of India will convene a meeting. They will discuss employee stock options for startup founders post-IPO. The board will consider voluntary delisting of Public Sector Undertakings. Relaxed compliance for Foreign Portfolio Investors in government bonds…
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Sebi bars Sanjiv Bhasin and 11 others for alleged stock manipulation
SEBI has barred Sanjiv Bhasin, ex-director at IIFL Securities, and 11 others for alleged stock manipulation. Bhasin reportedly bought securities before recommending them on media channels, profiting from subsequent price increases. He has been directed to disgorge ill-gotten gains of…
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IPO-bound BlueStone geared for unicorn tag
Bluestone is preparing for its public market debut. 360 One and Centrum Wealth are facilitating secondary deals. These deals amount to Rs 300–350 crore. The transaction values Bluestone at Rs 10,500 crore. RB Investments will fully exit Bluestone through these…
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