Aditya Birla Asset Reconstruction Company is winding down its operations in India, joining other fund-backed ARCs exiting due to challenges in the sector. The decline in non-performing loans and preference for government-backed NARCL’s terms have contributed to this trend, highlighting shifting investor interests.
ULLU launches UlluCoin, marks entry into Web3 with backing from Cypher Capital
Indian OTT platform ULLU has launched UlluCoin, a utility token to boost user engagement and content access using blockchain. Backed by Cypher Capital and powered