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<strong>Greater Pacific Capital leads a $33 million funding round for edtech startup NxtWave</strong>-thumnail

Greater Pacific Capital leads a $33 million funding round for edtech startup NxtWave

The edtech company NxtWave announced on Tuesday that Greater Pacific Capital, a private equity firm, had led its most recent investment round, which brought in $33 million (or around Rs

Industry

Feb 21, 2023

Banks ask RBI to extend the window for reporting loan-related fraud-thumnail

Banks ask RBI to extend the window for reporting loan-related fraud

According to a news report in The Economic Times (ET), banks in India have made a request to the Reserve Bank of India (RBI) to ease the regulations related to

Finance

Feb 21, 2023

India and Singapore launch cross-border payment system UPI-PayNow-thumnail

India and Singapore launch cross-border payment system UPI-PayNow

Two fast payment systems to transfer funds instantly. On Tuesday, Prime Minister Narendra Modi and Singaporean Prime Minister Lee Hsien Loong launched a cross-border connection between India’s Unified Payments Interface

Finance

Feb 21, 2023

<strong>PayPal Ventures leads a $20 million funding round for SaaS startup Mintoak</strong>-thumnail

PayPal Ventures leads a $20 million funding round for SaaS startup Mintoak

Software-as-a-Service (SaaS) platform Mintoak, which specialises in merchant services, has secured $20 million, including participation from PayPal Ventures, British International Investment, and current investors HDFC Bank and Pravega Ventures. The

Business

Feb 21, 2023

India’s GDP in Q3FY23 is expected to grow 4.6-5%-thumnail

India’s GDP in Q3FY23 is expected to grow 4.6-5%

Government to release Q3 GDP growth on Feb 28. Gross Domestic Product (GDP) is the total monetary or market value of all finished goods and services produced within a country’s

Business

Feb 21, 2023

Aparna Kuppuswamy has been appointed Chief Risk Officer by BharatPe Group-thumnail

Aparna Kuppuswamy has been appointed Chief Risk Officer by BharatPe Group

Kuppuswamy has nearly three decades of experience in consumer banking. Aparna Kuppuswamy, a former SBI executive, has been named Chief Risk Officer at BharatPe Group. She will be in charge

Business

Feb 21, 2023

“JLL Reports 93% Surge in Office Space Leasing Across 7 Major Indian Cities in January”-thumnail

“JLL Reports 93% Surge in Office Space Leasing Across 7 Major Indian Cities in January”

According to JLL India, a company that provides real estate and investment management services, the total amount of office space leased out in January across seven major cities increased by

Business

Feb 20, 2023

<strong>The UPI system in India and PayNow in Singapore will be linked for cross-border </strong><strong>remittances</strong>-thumnail

The UPI system in India and PayNow in Singapore will be linked for cross-border remittances

To facilitate quicker and more affordable cross-border remittance transfers, the Unified Payments Interface (UPI) of India and PayNow of Singapore will be connected. On February 21, cross-border connectivity would essentially

Finance

Feb 20, 2023

<strong>Uber and Tata Motors sign MoU to launch 25,000 XPRES-T electric vehicles</strong>-thumnail

Uber and Tata Motors sign MoU to launch 25,000 XPRES-T electric vehicles

A Memorandum of Understanding (MoU) between Tata Motors, a car manufacturer, and Uber, a ride-hailing service, was signed on February 20. Under the terms of the agreement, Uber would add

Automotive

Feb 20, 2023

Electric Two-Wheelers Makers Hurt by FAME Investigation Subsidy Crunch-thumnail

Electric Two-Wheelers Makers Hurt by FAME Investigation Subsidy Crunch

According to a report by The Economic Times, manufacturers of electric two-wheelers are encountering a significant obstacle as the government has ceased the distribution of subsidies that were allocated for

Automotive

Feb 20, 2023

Ola Electric to invest INR 7,600 Cr in TN for EV and cell factories-thumnail

Ola Electric to invest INR 7,600 Cr in TN for EV and cell factories

Ola Electric, a company led by Bhavish Aggrawal, has announced plans to invest slightly more than INR 7,600 Crores in the next five years to establish manufacturing plants in Tamil

Automotive

Feb 20, 2023

<strong>The Centre opposes Hindustan Zinc’s $2.98 billion acquisition of Vedanta’s zinc assets</strong>-thumnail

The Centre opposes Hindustan Zinc’s $2.98 billion acquisition of Vedanta’s zinc assets

According to a letter the government handed to the company on Monday, the Indian federal government is against Hindustan Zinc’s proposed $2.98 billion acquisition of Vedanta Ltd.’s zinc interests. The

Business

Feb 20, 2023


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