It’s the season of spring for startup IPOs. After a lull in IPOs in 2022 and 2023 due to geopolitical… Read more ›
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Fintech unicorn OPEN has launched Bharat Billpay for Business in partnership with National Payments Corporation of India (NPCI) Bharat BillPay…Fintech unicorn OPEN has launched Bharat Billpay for Business in partnership with National Payments Corporation of India (NPCI) Bharat BillPay Limited (NBBL). In a statement, the startup said that OPEN is among the first few Indian fintechs to offer Bharat Billpay for Business with the launch. The development came hours after... Read more ›
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Hospitality major OYO is looking to triple its profit after tax (PAT) to INR 700 Cr in the financial year…Hospitality major OYO is looking to triple its profit after tax (PAT) to INR 700 Cr in the financial year 2024-25 (FY25), its founder and CEO Ritesh Agarwal said. According to a report by PTI, Agarwal disclosed this to OYO employees during a town hall meeting on Wednesday (August 28). He... Read more ›
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The Reserve Bank of India (RBI) has approved the application of the Fintech Association for Consumer Empowerment (FACE) for being…The Reserve Bank of India (RBI) has approved the application of the Fintech Association for Consumer Empowerment (FACE) for being recognised as a self-regulatory organisation (SRO) for the country’s burgeoning fintech sector. Speaking at the Global Fintech Fest (GFF) on Wednesday (August 28), RBI governor Shaktikanta Das said that the central... Read more ›
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Listed FMCG company GRM Overseas has acquired a 44% stake in Delhi-based food and beverage D2C brand Rage Coffee in…Listed FMCG company GRM Overseas has acquired a 44% stake in Delhi-based food and beverage D2C brand Rage Coffee in a mix of primary capital infusion and secondary purchase of shares. However, the company did not disclose the financial terms of the deal. In an exchange filing today (August 28), GRM... Read more ›
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Jaipur-based CarDekho Group, the parent company of automobile marketplace CarDekho and insurance aggregator InsuranceDekho, has partnered with SaaS platform BiUP…Jaipur-based CarDekho Group, the parent company of automobile marketplace CarDekho and insurance aggregator InsuranceDekho, has partnered with SaaS platform BiUP Technologies through its investment arm Girnar Vision Fund (GVF) to drive AI-powered mobility solutions. As part of the strategic partnership, GVF has made an investment commitment with Bi Read more ›
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Fintech major PhonePe’s founder and CEO Sameer Nigam has said that the National Payment Corporation of India’s (NPCI) plan to…Fintech major PhonePe’s founder and CEO Sameer Nigam has said that the National Payment Corporation of India’s (NPCI) plan to cap the UPI market share of third-party app providers (TPAPs) is preventing the startup from going ahead with its initial public offering (IPO). Speaking at the Global Fintech Fest (GFF) on... Read more ›
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After months of speculation, Paytm said that it has received approval from the Centre, the finance ministry, and the department…After months of speculation, Paytm said that it has received approval from the Centre, the finance ministry, and the department of financial services to invest in its payments arm, Paytm Payment Services Limited (PPSL). The company is now looking to apply for a payment aggregator (PA) licence from the Reserve Bank... Read more ›
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Dehradun-based healthtech startup Sunfox Technologies has raised INR 15 Cr (around $1.8 Mn) in a funding round led by Mumbai-based…Dehradun-based healthtech startup Sunfox Technologies has raised INR 15 Cr (around $1.8 Mn) in a funding round led by Mumbai-based VC firm Venture Catalysts. The round also saw participation from IA Growth Opportunities Fund I, Brew Opportunities Fund, Universal Group, RP Singhvi Group, and several unidentified high-net-worth individuals (HNIs). The startup... Read more ›
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The Competition Commission of India (CCI) has granted its approval to the $8.5 Bn merger of Reliance’s media operations and…The Competition Commission of India (CCI) has granted its approval to the $8.5 Bn merger of Reliance’s media operations and Disney India. In a post on X, the CCI said, “Commission approves the proposed combination involving Reliance Industries Limited, Viacom18 Media Private Limited, Digital18 Media Limited, Star India Private Limited, and... Read more ›
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Mumbai-based B2B healthcare supply chain startup Medikabazaar has roped in medtech industry veteran Dinesh Lodha as its new Group CEO.…Mumbai-based B2B healthcare supply chain startup Medikabazaar has roped in medtech industry veteran Dinesh Lodha as its new Group CEO. In his new role, Lodha will lead Medikabazaar’s growth targets, international expansion and drive profitability. He will oversee the Indian market while strengthening the company's product portfolio and operations. With over... Read more ›
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Peak XV Partners managing director Shailendra Singh believes that there is a dearth of use of artificial intelligence (AI) in…Peak XV Partners managing director Shailendra Singh believes that there is a dearth of use of artificial intelligence (AI) in India’s burgeoning fintech sector. Speaking during a session, Future of Fintech, at the Global Fintech Festival (GFF), Singh said that AI can have a transformative impact on the fintech sector. CRED... Read more ›
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With India’s increasing emphasis on technological advancement and self-reliance, the nation has experienced a significant surge in emerging technology startups…With India’s increasing emphasis on technological advancement and self-reliance, the nation has experienced a significant surge in emerging technology startups over the past decade. From the expansion of electric vehicles to the integration of drones and from the ascent of private players in spacetech to a notable influx of private funding... Read more ›
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Delhi NCR-based fintech startup Pine Labs has teamed up with credit and debit cards major Visa to launch a soundbox-enabled…Delhi NCR-based fintech startup Pine Labs has teamed up with credit and debit cards major Visa to launch a soundbox-enabled device ‘Pine Labs Mini’, which allows merchants to accept both mobile and card payments across the Visa, Mastercard, American Express and RuPay networks. The device has a built-in ‘tap and pay’... Read more ›
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Continuing its experiment spree, foodtech major Zomato has rolled out ‘Zomato for Enterprise’ (ZFE), a platform designed for companies to…Continuing its experiment spree, foodtech major Zomato has rolled out ‘Zomato for Enterprise’ (ZFE), a platform designed for companies to solve food expense management. The company founder and CEO Deepinder Goyal took to X to announce the development today (August 28). “A lot of Zomato orders placed by corporate employees are... Read more ›
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Amid concerns that the “unchecked expansion” of quick commerce platforms such as Blinkit and Swiggy Instamart is hurting India’s kirana…Amid concerns that the “unchecked expansion” of quick commerce platforms such as Blinkit and Swiggy Instamart is hurting India’s kirana sector, the Centre has reportedly stepped into the matter. As per Moneycontrol, multiple government ministries have begun examining whether the unfettered growth of quick commerce is “unfairly disrupting” the business of... Read more ›
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Fintech unicorn BharatPe has ventured into the consumer payments space with the roll out of its UPI third party application…Fintech unicorn BharatPe has ventured into the consumer payments space with the roll out of its UPI third party application provider (TPAP) service. The company said in a statement that the new offering will serve all those BharatPe customers who use digital payments, expanding its reach and capabilities in the digital... Read more ›
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Agritech startup Greenday’s FMCG brand Better Nutrition has roped in MasterChef Pankaj Bhadouria as an investor and culinary advisor. This…Agritech startup Greenday's FMCG brand Better Nutrition has roped in MasterChef Pankaj Bhadouria as an investor and culinary advisor. This comes only a month after the company secured an investment from PV Sindhu. While the Lucknow-based company did not disclose the funding amount but said in a statement that it aims... Read more ›
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Deeptech-driven financial solutions provider ProFinTech Technologies has raised $1.4 Mn (around INR 11.8 Cr) in a seed funding round led…Deeptech-driven financial solutions provider ProFinTech Technologies has raised $1.4 Mn (around INR 11.8 Cr) in a seed funding round led by the family offices of K.I. Varaprasad Reddy and Rahul Gedupudi among others. The funding round also saw participation from the family offices of Sreeman Chalasani and Srinivas Kalagara, along with... Read more ›
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Gurugram-based femtech startup Laiqa Wellness has raised INR 15 Cr ($ 1.8 Mn) in its seed funding round from IvyCap…Gurugram-based femtech startup Laiqa Wellness has raised INR 15 Cr ($ 1.8 Mn) in its seed funding round from IvyCap Ventures. The startup plans to use the fresh capital to build tech-based solutions for personalised hormonal health tracking and AI-driven recommendations. Founded in 2023 by Monica Bindra, Harmeet Bindra and Meenakshi... Read more ›
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Road accidents remain a global scourge, claiming countless lives annually and inflicting a devastating impact on economies worldwide. The fight…Road accidents remain a global scourge, claiming countless lives annually and inflicting a devastating impact on economies worldwide. The fight against road accidents transcends boundaries as governments around the world echo the same question: How can we reduce them? In 2020, the UN proclaimed the ‘Decade of Action for Road Safety,’... Read more ›
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Business Insider
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Tech Wire Asia
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14% 9 |
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7% 4 |
Gizmodo
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6% 1 |
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28.11.2024 01:52
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