India’s BluSmart swept up in Gensol investigation alleging misuse of EV loans

India’s market regulator launched a probe Tuesday into Gensol Engineering after finding alleged misuse of electric vehicle loans. BluSmart, a ride-hailing startup connected to Gensol that was once seen as…

Continue ReadingIndia’s BluSmart swept up in Gensol investigation alleging misuse of EV loans

PB Fintech set to expand into payments with RBI’s in-principle approval

PB Fintech, the parent company of PolicyBazaar, has received the green light from the Reserve Bank of India (RBI) to move forward with its digital payments business. The central bank…

Continue ReadingPB Fintech set to expand into payments with RBI’s in-principle approval

SEBI issues interim order against Gensol on suspicion of diversion of funds

The Securities and Exchange Board of India on Tuesday issued an interim order against Gensol Engineering after an investigation showed that the firm was involved in the “misutilisation and diversion…

Continue ReadingSEBI issues interim order against Gensol on suspicion of diversion of funds

From assistant to agent of change: how AI is reshaping the future of software development

In the era of artificial intelligence (AI), how will the software development process and role of developers evolve? From ideation to implementation, Anupam Mishra, Director, Solution Architecture, AWS India, explored…

Continue ReadingFrom assistant to agent of change: how AI is reshaping the future of software development

CleverTap acquires Y Combinator-backed rehook.ai

CleverTap, an all-in-one engagement and retention platform, has announced the acquisition of rehook.ai, a Y Combinator-backed startup. Rehook.ai offers a promotions automation solution, empowering businesses to manage coupons, discounts, gamification, loyalty programs, and referral initiatives. This acquisition strengthens CleverTap’s…

Continue ReadingCleverTap acquires Y Combinator-backed rehook.ai

upGrad partners with Seed Group to drive AI-powered learning and upskilling in MENA

Edtech firm upGrad has partnered with Seed Group, affiliated with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to drive AI-powered learning and workforce upskilling among businesses and…

Continue ReadingupGrad partners with Seed Group to drive AI-powered learning and upskilling in MENA

Capital-A, SanchiConnect launch accelerator for manufacturing startups

Capital-A, a B2B-focused early-stage venture capital firm founded in 2021 by Ankit Kedia, has collaborated with deeptech ecosystem platform SanchiConnect to launch MaXcel—a new accelerator programme designed to empower startups…

Continue ReadingCapital-A, SanchiConnect launch accelerator for manufacturing startups