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In late April, Indian officials in plainclothes raided the Bengaluru offices of Byju’s, seizing laptops and publicly linking the world’s most valuable education-technology startup with possible foreign exchange violations.An ocean away,…

Gem View Investment Pte Ltd., an affiliate of GIC, Singapore, has signed a definitive agreement with India’s Genus Power & Infrastructures Ltd. to set up a Singapore-based smart metering platform – Gem Star Platform – for undertaking…

Fintech company Cred has acqui-hired the founding team of YCombinator-backed personal finance app, Spenny. As a part of the arrangement, some founding team members, including Spenny founder Rathin Shah, will be joining the Cred product team…

Hi, Digbijay here in Bengaluru. The slowdown in funding for startups continues unabated across stages unless you are building something with those three magical words: generative artificial intelligence. During my conversations with several…

Scooter maker Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion IPO, two sources with direct knowledge…

FRANKFURT : German industrial gases company Messer said on Tuesday that Singaporean sovereign wealth fund GIC has invested a minority stake in the business as part of a strategic partnership.The proceeds from the investment will help…

Cred-owned expense management solutions provider Happay is laying off a number of employees, the latest startup to do so in an effort to cut costs, three people told ET, requesting anonymity in order to speak freely. The exact number of…

Encouraged by high-profile successes elsewhere, India wants its private space companies to increase their share of the global launch market by fivefold within the next decade - an effort boosted by the personal support of Prime Minister…

Indian internet firms have given internet body IAMAI a thumbs-down, alleging that it has favoured Big Tech companies on multiple issues. This and more in today’s ETtech Morning Dispatch.Also in this letter:■ Myntra launches fashion portal…

Kunal Shah-owned Newtap Technologies, which acquired Parfait Finance, an RBI-registered NBFC, is in talks to raise equity capital from Cred’s existing investors.This and more in today's ETtech Top 5.Also in this letter:■ Indian startup…