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Tag: startups
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

As record equity outflow continues, Dollar shortage worries forex market traders-thumnail

As record equity outflow continues, Dollar shortage worries forex market traders

Traders in India’s foreign-exchange market are bracing for more instances of dollar shortages, as record outflows from the nation’s equities and deteriorating external finances bite. Traders in India’s foreign-exchange market

Finance

Jun 29, 2022

Edtech layoff carnage continues as WhiteHat Jr laysoff another 300 employees-thumnail

Edtech layoff carnage continues as WhiteHat Jr laysoff another 300 employees

The cost-cutting move comes roughly 45 days after 750 WhiteHat Jr employees resigned after the company asked them to relocate and return to their respective offices within a month. Edtech

Education

Jun 29, 2022

Zomato share tanks 14% post Blinkit acquisition over cash burn issues-thumnail

Zomato share tanks 14% post Blinkit acquisition over cash burn issues

Over the weekend, the company announced acquisition of loss-incurring firm Blinkit for Rs 4,447 crore. The payment will be settled through issue of around 629 million Zomato shares (around 6.88

News

Jun 28, 2022


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