Category: Startups
Mahindra-backed FirstCry faces Rs 2 lakh penalty for misleading ads, drip pricing
The Central Consumer Protection Authority (CCPA) on Friday imposed a penalty of Rs 2 lakh crore on baby-products brand FirstCry for false and misleading price…
ETtech Exclusive: RBI orders BNPL firm Simpl to halt payment services
The Reserve Bank of India (RBI) has asked Bengaluru-based fintech startup Simpl to halt all payment operations. In a letter dated September 25, a copy…
Group health insurance grows 20% annually while retail cover flatlines: Plum report
Indians remain heavily dependent on employer-sponsored health insurance, often postponing the purchase of personal policies, according to a new report by insurtech platform Plum. The…
AI startup RVAI acquihires Tynybay
Bengaluru-based artificial intelligence (AI) services startup RVAI Global has acquihires Hyderabad-based AI systems and automation startup Tynybay. With this, RVAI aims to combine its expertise…
Unacademy cofounder Sumit Jain appointed chief executive of the test-prep business
Unacademy‘s cofounder Sumit Jain has been appointed as the chief executive of the test-prep business, cofounder Gaurav Munjal said on Wednesday. Jain joined Unacademy after…
Entrepreneurship in curriculum could unlock 2,800 student startups and 2.8 lakh jobs: Report
Embedding entrepreneurship into school and college curriculum could generate 2,800 student-led startups and create 2.8 lakh new jobs across India, according to a new Primus…
ET Soonicorns Summit 2025: How founders are choosing profitability over pure valuation chasing
“Valuations are not worth chasing in isolation. What you can and should chase are performance and milestones—valuations will follow. Today, more than ever, valuations are…
Govt’s startup accelerator WaveX launches new incubators for gaming, XR startups
Start-up accelerator platform WaveX will establish seven new incubation centres across India, the Ministry of Information and Broadcasting said on Wednesday. These centres will support…
H1B fee hike will hit US startups and innovation more, will have minimal impact on India’s IT sector: USISPF Chief
The recent H1B visa fee hike announced by the US administration will hit more to startups and innovation of the United States than India’s IT…
PhonePe files draft IPO papers via confidential route
PhonePe has filed its draft red herring prospectus (DRHP) with Sebi through the confidential route, a company spokesperson said on Wednesday. The Walmart-backed digital payments…