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Tag: startups
<strong>Pine Labs, Razorpay, and Stripe bags payment aggregator license from RBI</strong>-thumnail

Pine Labs, Razorpay, and Stripe bags payment aggregator license from RBI

A payment aggregator provides payment services for merchants and e-commerce sites by accepting payment instruments from customers. As part of the process, they pool the funds received from customers and

Finance

Jul 8, 2022

Ride-sharing company ola cabs likely to layoff up to 700 employees-thumnail

Ride-sharing company ola cabs likely to layoff up to 700 employees

“Shedding cash burn heavy businesses like Dash and cutting employee costs will give Ola more operational runway and also show a profitable business if they want to IPO,” a source

Industry

Jul 8, 2022

Fintech firm Bharatpe disbursed a record Rs 3,600 loan in April-June 2022 period-thumnail

Fintech firm Bharatpe disbursed a record Rs 3,600 loan in April-June 2022 period

Bharatpe said that it facilitated loan disbursal for over 1.2 lakh merchants during the quarter compared to 66,000 merchants that benefitted from the service in January-March quarter. Fintech firm Bharatpe

Digital Transformation

Jul 6, 2022

Crypto Lending firm Nexo to acquire peer “Vauld”-thumnail

Crypto Lending firm Nexo to acquire peer “Vauld”

Vauld became the latest decentralized finance (DeFi) firm to be hit by the crypto market’s recent downturn. In its statement on July 4, the company said that its financial challenges

Digital Transformation

Jul 6, 2022

Fintech firm Clear acquires CimplyFive, a Cloud-hosted application-thumnail

Fintech firm Clear acquires CimplyFive, a Cloud-hosted application

This is Clear’s second acquisition in 2022 after the purchase of Xpedize, an invoice discounting platform, in March. Clear has made 4 acquisitions so far, which include YBANQ in 2021

News

Jul 6, 2022

Startups are reconsidering IPOs as markets lose interest in unicorns-thumnail

Startups are reconsidering IPOs as markets lose interest in unicorns

Mumbai: As the craze for startups fades, valuations of several new-age companies have taken a beating in the market for unlisted shares, potentially delaying their plans to go public. According

Finance

Jul 6, 2022

Payment banks to request central bank to let them venture into micro-lending-thumnail

Payment banks to request central bank to let them venture into micro-lending

The industry intends to approach the regulator under the aegis of the Payments Council of India (PCI) and request it to let payments banks with a specific track record to

Finance

Jul 4, 2022

<strong>Customer shocks netizens by comparing Zomato food bills to an offline orde</strong>r-thumnail

Customer shocks netizens by comparing Zomato food bills to an offline order

A LinkedIn user compared the prices of online and offline food orders and found a startling disparity between the two. The same food order is shown in two photos, but

Industry

Jul 4, 2022

<strong>WHAT IS DISRUPTIVE INNOVATION IN FINTECH?</strong>-thumnail

WHAT IS DISRUPTIVE INNOVATION IN FINTECH?

Fintech improvements should be visible as troublesome developments, especially those which have the accompanying sources: robotized monetary administrations that change market liquidity and confidential business sectors that make options for

Industry

Jul 2, 2022

Ankiti Bose leaves the board of Zilingo-thumnail

Ankiti Bose leaves the board of Zilingo

Ankiti Bose, a co-founder of Zilingo and its previous CEO, has resigned from her director position with the holding company Zilingo Pte Ltd and its subsidiaries. In a post on

Industry

Jul 1, 2022

Over 50K startup workers fear losing their jobs as India gets ready for 200 unicorns-thumnail

Over 50K startup workers fear losing their jobs as India gets ready for 200 unicorns

200 unicorns are expected to arrive in India over the next four years, despite the fact that startups there are continuously laying off employees to get through the “funding winter”

News

Jul 1, 2022

Telangana’s chief minister inaugurates the world’s largest innovation campus in Hyderabad-thumnail

Telangana’s chief minister inaugurates the world’s largest innovation campus in Hyderabad

Telangana chief minister K. Chandrashekar Rao said, “T-Hub has evolved from a startup incubator to an innovation hub in India and beyond in the past six years. It has emerged

Industry

Jun 29, 2022


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