Zaggle will acquire Dice Enterprises for ₹123 crore to strengthen its spend management offerings and grow globally. Dice, known for tools in procurement, travel, and expense tracking, counts Tata 1mg and Britannia as clients. The deal, signed under a non-binding term sheet, is expected to close in 90 days. Zaggle aims to expand both its product range and customer base.

A viral message claims the RBI has directed all banks in India to discontinue the circulation of ₹500 notes starting March 2026. BOOM found that the claim is false and also contacted an RBI official who on the condition of anonymity, confirmed the same and directed us to a clarification posted by the Union government's Press Information Bureau handle.

API banking platform, Decentro, raised ₹30 crore in a Series B round led by InfoEdge Ventures to expand its fintech infrastructure. Powering ₹50,000 crore in payments annually, it serves 1,300+ clients. The firm plans to move its parent entity from Singapore back to India within 12-18 months, focusing on AI-driven KYC, payments, and debt collection products for faster growth.

Fugitive businessman Vijay Mallya, the former chief of Kingfisher Airlines, has expressed his willingness to return to India if assured of a fair trial and "dignified existence" in the country. "If I'm assured, absolutely, I'll think about it seriously," Mallya said during a podcast. On leaving India and being called "fugitive" for that, Mallya said it was "fair".

US President Donald Trump said he and billionaire Elon Musk had a great relationship, but he doesn't know if it will continue anymore. Musk has criticised the 'big and beautiful' tax-cut Bill. "People leave my administration...then at some point they miss it so badly, and some of them embrace it and some of them become hostile," he added.

US President Donald Trump said he is very disappointed with Elon Musk, who recently quit his administration, over the billionaire's criticism of the tax-cut Bill. Trump said he helped him a lot, adding that Musk knew about the inner workings of the Bill better than anyone. Subsequently, Musk said, "False, this Bill was never shown to me even once."

Swiggy’s share value rose 7% after Morgan Stanley rated it ‘Overweight’, citing strong market position, growth in smaller cities, and innovations like Instamart and Swiggy One. The bullish outlook boosts confidence ahead of its expected 2025 IPO. Backed by a $10 billion valuation, Swiggy's momentum reflects rising investor optimism in India's consumer tech and quick commerce sectors.

Pune-based fintech LoanTap secured $6.2 million in equity funding led by July Ventures, with an additional $2.3 million in debt. The firm is expanding its SME lending, middleware tech platform, and healthcare finance offerings post-Unofin acquisition. With a ₹600 crore loan run rate and focus on Tier II/III cities, LoanTap targets ₹900 crore disbursal by FY26.

Garuda SS is an Indian streetwear brand redefining urban fashion through mythology, heritage, and rebellion. Blending Devanagari typography, temple art & modern silhouettes, it champions sustainability with hand-dyed fabrics and traditional crafts. Focused on limited drops and storytelling, Garuda SS fosters a youth-driven community proud of its roots and ready to challenge global fashion norms.

Singapore-based wealthtech Syfe secured $80 million in Series C funding to boost Asia-Pacific expansion, enhance AI capabilities, and acquire Australian platform Selfwealth for A$65 million. With over $10 billion in AUM and profitability in Singapore, Syfe is scaling fast with key leadership hires and growing its tech team in India. The move solidifies its position in APAC’s digital wealth space.