"The attackers were quickly identified, and the impact was minimal, with no sensitive or classified data accessed," the spokesperson said

Bitchat follows a Bluetooth Low Energy mesh networking system, creating a local web of connected devices. A message sent through Bitchat is split into tiny chunks of data packets.

MSMEs may face an annual compliance cost of ₹14.85 crore annually as per the minimum verification fee levied in the proposed rules

The acquisition brings Rio Money’s UPI-integrated credit platform to Zaggle’s network of 3,400+ corporate customers and 3.2 million users