$230 million hack hits major Indian cryptocurrency exchange WazirX. Hackers exploited a security hole in WazirX that allowed them to steal a variety of cryptocurrencies, with Shiba Inu tokens being their main target. WazirX has frozen withdrawals to prevent future losses and is currently investigating the incident; The exchange gives high priority to user security….
Zomato now helps its delivery partners file Income Tax Returns (ITR) to get back the 1% TDS deducted from their payouts. In just 48 hours, over 1 lakh riders jumped on board using Zomato’s partner app, co-founder Deepinder Goyal announced on X. Last year, Zomato paid its delivery partners over Rs 4,000 crore, meaning about…
Kunal Bahl and Rohit Bansal, who started Snapdeal and Titan Capital, just made a big exit from Urban Company, a home services startup. They sold their shares for a huge profit, getting almost 200 times what they invested nine years ago. They put in Rs 57 lakh in 2015 and now got Rs 111 crore…
Bengaluru-based CRED is more than just a payment app. It’s a gilded club for credit card champs. By rewarding punctual bill payers with exclusive offers and swanky experiences, CRED turns boring bill payments into a VIP lifestyle. Think of it as your credit score’s golden ticket to a world of luxury. ABOUT FOUNDERKunal Shah, a…
Edtech Giant’s Troubles Deepen!! The troubles keep piling up for BYJU’S. The once high-flying edtech startup is now facing a major setback as over 100 of its tuition centres across India have been shut down. Landlords, frustrated by months of unpaid rent and utility bills, have taken drastic action, locking out the company. The crisis…
Food delivery apps Swiggy and Zomato are adding a pinch of extra cost to your online orders. The startups have hiked their platform fees by a spicy 20%, from Rs 5 to Rs 6 per order. This extra charge, now sizzling in Delhi and Bengaluru, will soon spread its heat to other cities. Don’t be…
Google’s parent company, Alphabet, is about to drop a bomb on the tech world! whopping $23 billion on cybersecurity startup Wiz We’re talking a massive $23 billion cash explosion to snatch up cybersecurity startup Wiz. This isn’t just a purchase; it’s a power grab! Get ready for a new era of digital defense as Google…
The government is launching a new fund called AgriSURE to support startups and entrepreneurs in the agriculture sector. This Rs 750 crore fund will provide loans and investments to help these businesses grow. A hackathon for green solutions in agriculture was also kicked off. To kickstart the project on a high note, a hackathon focused…
Nykaa on a Share Spree! The beauty giant has once again rewarded its employees with a fresh batch of equity shares. This is the second such allocation in recent weeks, signaling a strong belief in the company’s future. With a promising 22-23% revenue growth projected for the upcoming quarter, Nykaa seems to be riding high on…
Otipy, an inventive Farm-to-fork startup is under-talks to raise a fresh funding in an extended Series B round from current and new investors.According to the sources the funding will be utilized to empower the operations of Otipy in expanding its presence in existing and new cities. Currently, it is operational in Delhi – NCR and…
