Kotak Securities in the recent past has made four strategic investments and two acquisitions in the startup space. While it has invested in Stockedge, eLearn Markets, Flipit Money and Multiple, its recent two acquisitions...
Indian fintech startup suspends card services after RBI guidelines on digital lending
The early-stage deals comprised more than 60 per cent of the total with an average ticket size of USD 5 million, as per the PwC India report titled, 'Startup Deals Tracker - Q2 CY22.'
The official statement from BharatPe, as per the report, suggests that Suhail Sameer will transition and serve the role of the Strategic Advisor.
The CEO of the Spay India company, Nikhilesh Tiwari, began this company with only 29 people. The company's mission statement is to offer its clients excellent services in simple money transfers, recharges, billing, etc.
The capital raise during the quarter was not just lower than $10.3 billion logged between January and March 2022, but also marked a decline when compared to the same quarter of previous year ($10.1 billion in Q2 of 2021)
The startup also received another USD 1 million from other investors in the series-A round
Founders stare down the barrel of drying funding as cautious late-stage investors display signs of wariness about leading investment rounds
The number of unicorns stand at 84 right now as against 51 in the year-ago period, and there are 122 others valued at over USD 200 million which can achieve...
In the recently concluded performance review of PSBs by the Finance Ministry, sources said, lenders were asked to focus on technology and data analytics to...
The city is losing out to others because of its lack of ability to build communities, which deters talent consisting of technologists who want to have a better...
The book now pay later payment has been introduced on bookings for travel, flight or hotels, on MakeMyTrip as well as on the Goibibo app
Arvind Kejriwal wants to make Delhi the startup capital of India and the world. Can the AAP government achieve this feat?
Hammered markets, increased interest rates by the Fed, unabated war – reasons enough to develop cracks in the funding ecosystem for startups
The government had launched 'Startup India' initiative on January 16, 2016, with an aim to build a stronger ecosystem for nurturing the startup culture
Blinkit, which was earlier known as Grofers is currently undergoing a severe cash crunch and has shut down approximately 40 dark stores, and laid off its...
SoftBank had invested approximately $1.4 billion in One97 Communications four years ago, acquiring a 17.4 per cent stake in the company. It also has a 12.4 per...
The company recorded a profit of around Rs 7 crore in the third quarter of 2021-22, after losing money in the first and second quarters.
Grover family and their relatives engaged in extensive misappropriation of company funds, including, but not limited to, creating fake vendors through which...
Madhuri is alleged to have used company funds for personal beauty treatments, buying electronic items and family trips to the US and Dubai