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<strong>Paytm is ‘on the right track to profitability,’ according to CEO Sharma, as loan disbursements increased 387% in October.</strong>-thumnail

Paytm is ‘on the right track to profitability,’ according to CEO Sharma, as loan disbursements increased 387% in October.

Paytm’s loan disbursement value increased 387% year on year to 3,056 crore, while the number of loans disbursed increased 161%. In a letter to shareholders, Paytm CEO Vijay Shekhar Sharma

Finance

Nov 14, 2022

<strong>In his memoir ‘Doglapan,’ Ashneer Grover writes about the ‘amazing brutal truth of his life and startup.’</strong>-thumnail

In his memoir ‘Doglapan,’ Ashneer Grover writes about the ‘amazing brutal truth of his life and startup.’

Ashneer Grover is the co-founder and former CEO of BharatPe, an Indian fintech startup. This December, entrepreneur Ashneer Grover will release his memoirs, which he describes as “all about the

Education

Nov 11, 2022

Archean Chemical Industries IPO subscribed 86% on 2nd day of the subscription-thumnail

Archean Chemical Industries IPO subscribed 86% on 2nd day of the subscription

Archean produces and exports bromine, industrial salt, and sulphate of potash to customers around the world. It had a leadership position in the domestic bromine merchant sales (43 percent market

Finance

Nov 10, 2022

<strong>Cryptocurrency platform FTX’s CEO requests $8 billion in emergency funding from investors.</strong>-thumnail

Cryptocurrency platform FTX’s CEO requests $8 billion in emergency funding from investors.

The CEO reportedly made the request to investors in a Nov. 9 call where he outlined ways to help solve FTX’s financial woes, according to a report in the Wall

Finance

Nov 10, 2022

<strong>How will PhonePay gain from allowing customers to activate UPI with Aadhar?</strong>-thumnail

How will PhonePay gain from allowing customers to activate UPI with Aadhar?

The Aadhar-based e-KYC flow has now streamlined the registration onboarding procedure. Previously, in the UPI onboarding flow, a debit card was required to set up a user’s UPI PIN for

Digital Transformation

Nov 10, 2022

Cryptos seek to maintain stability as the Binance-FTX merger chills the market-thumnail

Cryptos seek to maintain stability as the Binance-FTX merger chills the market

Bitcoin, the most valuable cryptocurrency by market capitalization, was down 2% at $18,250, following a 10% drop on Tuesday that marked its worst day since mid-August. Ether, the next largest

Digital Transformation

Nov 9, 2022

<strong>Inox Green Energy Services’s IPO to open for public subscription on 11th November.</strong>-thumnail

Inox Green Energy Services’s IPO to open for public subscription on 11th November.

Inox Green is engaged in the business of providing long-term Operation and Maintenance (O&M) services for wind farm projects, specifically for wind turbine generators and common infrastructure facilities on wind

Finance

Nov 8, 2022

The Chiratae Ventures Growth Fund – I close its first round at Rs. 759 crore; oversubscribed.-thumnail

The Chiratae Ventures Growth Fund – I close its first round at Rs. 759 crore; oversubscribed.

Chiratae Ventures has raised five early-stage funds and manages $1.1 billion in assets under management (AUM). It has been an early backer of technology-led companies such as Bizongo, Curefit, Firstcry,

Finance

Nov 8, 2022

As the revenue gap between IT giants closes, Infosys may overtake Cognizant once more.-thumnail

As the revenue gap between IT giants closes, Infosys may overtake Cognizant once more.

The fact that Infosys is approaching Cognizant’s level of growth reflects the latter’s difficulties, as it faced execution challenges and underperformed in comparison to its peers, despite the pandemic causing

Finance

Nov 8, 2022

Paytm Q2 results: Net loss increases to 571 crore, revenue increases 76%-thumnail

Paytm Q2 results: Net loss increases to 571 crore, revenue increases 76%

One97 Communication-owned Paytm Q2 Results Paytm’s consolidated revenue from operations increased 76% year on year (Y-o-Y) to 1,914 crore in the second quarter of the fiscal year from 1,086 crore.

Finance

Nov 8, 2022

Niva Bupa and IDFC First Bank have become partners in banking insurance-thumnail

Niva Bupa and IDFC First Bank have become partners in banking insurance

Healthcare insurer Niva Bupa has announced a corporate agency partnership with IDFC First Bank to provide best-in-class health insurance solutions to its banking customers. Vikas Sharma, head of Wealth Management

Digital Transformation

Nov 3, 2022

Chqbook and NSDL Payments Bank collaborate to launch a zero-balance digital checking account.-thumnail

Chqbook and NSDL Payments Bank collaborate to launch a zero-balance digital checking account.

Fintech firm Chqbook teamed up with National Securities Depository Limited Payments Bank on Wednesday to open a zero-balance digital checking account for small business owners. Small business owners like grocery

Finance

Nov 3, 2022


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