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Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.

Sony, Zee Entertainment settle dispute over scrapped $10 bn merger

TMT

27 August, 2024

Sony, Zee Entertainment settle dispute over scrapped $10 bn merger

India's Zee Entertainment Enterprises and Sony's unit in the country have agreed to withdraw all claims against each other related ......

General Atlantic, Prosus ask Supreme Court to hear their concerns in Byju's insolvency

TMT

27 August, 2024

General Atlantic, Prosus ask Supreme Court to hear their concerns in Byju's insolvency

Foreign investors in Indian education technology company Byju's, including General Atlantic, have urged the country's Supreme Court to hear their concerns ......

HouseEazy rakes in Series A funding; My Tirth shuts shop

TMT

26 August, 2024

HouseEazy rakes in Series A funding; My Tirth shuts shop

HouseEazy, a marketplace for resale homes, has raised $7 million (Rs 58.7 crore) in equity and debt as part of ......

PhonePe's FY24 revenue rises 74%, standalone payments business turns profitable

TMT

26 August, 2024

PhonePe's FY24 revenue rises 74%, standalone payments business turns profitable

Walmart-owned digital payments firm PhonePe’s revenue rose 74% year-on-year in the financial year ended March 2024, aided by the company’s ......

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Jhunjhunwala family-backed IKS Health may trim IPO size

Healthcare

26 August, 2024

Jhunjhunwala family-backed IKS Health may trim IPO size

IKS Health, a Mumbai-based healthtech platform majority owned by the late stock market investor Rakesh Jhunjhunwala’s Rare Enterprises, is contemplating ......

Government may rescind tax notice to Infosys after backlash from sector

TMT

23 August, 2024

Government may rescind tax notice to Infosys after backlash from sector

India is likely to retract its demand that Infosys pay $4 billion in back taxes after weeks of lobbying by ......

SoftBank-backed Swiggy looking at $15 bn valuation for upcoming IPO

Finance

23 August, 2024

SoftBank-backed Swiggy looking at $15 bn valuation for upcoming IPO

SoftBank-backed Indian food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock market offering ......

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MENA Digest: Saudi startups lead funding activities this week

TMT

23 August, 2024

MENA Digest: Saudi startups lead funding activities this week

A big-ticket seed round by fintech startup Yuze, and fund raises by at least three Saudi startups accelerated dealmaking activity ......

Legends League, LoanKuber, Fabrication Bazar bag early-stage funding

TMT

23 August, 2024

Legends League, LoanKuber, Fabrication Bazar bag early-stage funding

Fabrication Bazar, LoanKuber and Legends League Cricket secured early-stage funding from investors, the companies said on Friday. Legends League Cricket Legends League Cricket, ......

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How juicy was Nexus Venture Partners' third portfolio exit move this year?

Infrastructure

23 August, 2024

How juicy was Nexus Venture Partners' third portfolio exit move this year?

Nexus Venture Partners, which has raised more than $2 billion across its seven India and US-focused venture capital funds and garnered ......