| Date | Title | Description |
| 07.08.2024 | India's gas consumption increase twofold to 189 MMSCMD
Vedanta Aluminium appoints Ravi Paliwal as CEO, Ash Management
Hilti India launches DDS platform for comprehensive tool mgmt
2024 Altair Enlighte... | OIL & GAS India's gas consumption increase twofold to 189 MMSCMD
07 Aug 2024 2 Min Read CW Team
At the FICCI City Gas Distribution Summit 2024, Gajendra Singh, a member of the Petroleum and Natural Gas Regulatory Board (PNGRB), undersco... |
| 25.07.2024 | Sanjeev Krishan's Second Act: Leading PwC India into a New Era**
** | ** Sanjeev Krishan is back in the saddle. Re-elected as Chairperson of PwC India, he will steer the firm for another four years starting April 1, 2025. This is not just a continuation; it’s a renewal of trust. Krishan, who first took the he... |
| 24.07.2024 | Budget 2024: Infra gets highest ever Rs 11.11 Tn allocation
India's Fuel Consumption Rises 2.6% in June with ATF, Petrol Surge
RIL and BPCL Anticipate Recovery in Product Cracks After Tough Q1
ONGC Vi... | ECONOMY & POLICY Budget 2024: Infra gets highest ever Rs 11.11 Tn allocation
24 Jul 2024 2 Min Read CW Team
Finance Minister Nirmala Sitharaman, in her budget speech on Tuesday, highlighted the government's commitment to the infrastruct... |
| 19.07.2024 | Sanjeev Krishan re-elected for second term as PwC India Chairperson | PwC India on Friday announced that Sanjeev Krishan, 53, has been re-elected for a second term as Chairperson of PwC in India, for a four-year period beginning on April 1, 2025.
As Chairperson, Krishan will continue to lead PwC in India, rep... |
| 11.07.2024 | IVCA CAT III Summit Charts Course for the Future of CAT III AIFs in India | Mumbai, Maharashtra, India
India’s apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), is set to host the IVCA CAT III Summit in Mumbai on July 11th, 2024. The IVCA CAT III Summit aims to ... |
| 17.06.2024 | Rise in small, mid-size M&A transactions: PwC India
Road Contractors No Longer Required to Develop Wayside Amenities
India to Trial Green Steel Using Hydrogen Instead of Coal
Havells to Increase L... | ECONOMY & POLICY Rise in small, mid-size M&A transactions: PwC India
17 Jun 2024 3 Min Read CW Team
Sanjeev Krishan, Chairperson of PwC in India, stated that PwC India anticipates an upswing in the India markets, particularly in sma... |
| 14.06.2024 | AI In Data Analytics: The 10 Best Tools | Google, Intel, IBM, NVIDIA, Amazon, PwC, and the list can go on for the big brands adopting AI in data analysis. How Is AI Used in Data Analysis?
The term “artificial intelligence data analysis” refers to the application of data science and... |
| 10.05.2024 | PwC Hosts Analyst Day 2024 in India | New Delhi, Delhi, India
PwC recently hosted its Analyst Day 2024 event in India, a day-long forum that brought together key analysts, industry stakeholders and PwC leaders from India and across the globe to explore business model reinventio... |
| 01.05.2024 | UPI transactions moderate from March peak to ₹19.6-lakh crore | Mumbai The Unified Payments Interface (UPI) saw both the number and value of transactions moderating by about 1 per cent on month from the record high seen in March 2024.
Transactions worth ₹19.64 lakh crore were processed during April 2024... |
| 29.04.2024 | Big 6 audit firms increase market share in FY24 | The Big 6 Indian audit firms comprising Deloitte, EY, Grant Thornton, KPMG, MSKA and PwC handled 323 assignments of the 483 Nifty-500 companies in FY24, increasing their share to 67 per cent from 61 per cent in the previous year.
These audi... |
| 21.04.2024 | Majority of top-100 companies making disclosures about carbon emissions: PwC India | Supplementing the efforts of the Government to achieve a net-zero emission target by 2070, as many as 51 per cent of the top-100 companies have started making disclosures on a voluntary basis about carbon emissions, says a PwC India survey.... |
| 09.04.2024 | A decade of fast-paced digital financial revolution | As the ruling NDA seeks its third term in office, the rapid strides made in digitising payments and the entire financial services ecosystem have been among its main achievements. The last 10 years have seen the country emerging as a major g... |
| 01.04.2024 | UPI ends FY24 on a high note, transactions worth ₹199 lakh crore processed | The Unified Payments Interface (UPI) ended FY24 on a strong high, setting new records for both the volume and value of transactions undertaken during March 2024.
This was despite transactions dipping slightly in February 2024 due to the few... |
| 31.03.2024 | RBI may hold rate yet again to focus on inflation management: Experts | The RBI may again keep the key interest rate unchanged in April as it is likely to focus more on bringing down inflation to the 4 per cent target after concerns over economic growth abated with GDP growth estimated at nearly 8 per cent, sai... |
| 15.03.2024 | PwC India to offer tech-based compliance monitoring services with Axar | Accounting giant PwC India said on Friday it will work with Axar Digital Services Pvt Ltd (Axar) to help companies track if they are compliant with the market regulator’s rules on insider trading.
PwC India will provide services for project... |
| 03.01.2024 | India widens regulatory grip over tech firms | In 2023, India introduced a series of regulations and tweaked policies that borrowed from Europe’s antitrust approach and Chinese-style government surveillance, alarming executives and investors in the world’s most populous market. Addition... |
| 16.08.2023 | Why PE firms prefer control deals and what risks they should keep in mind | Sunish Sharma, Founder and Managing Partner at Kedaara Capital
The Indian private equity (PE) market is vibrant and growing rapidly, while driving value creation across several sectors and business models. India had traditionally seen PE in... |
| 17.04.2023 | PwC India announces Rs600 crore investments in manpower | PwC India announces Rs600 crore investments in manpower 1 min read . Updated: 17 Apr 2023, 10:18 PM IST Livemint
Premium The firm has announced an increase in medical coverage to ₹20 lakh for every employee, their spouse and two children, u... |
| 17.03.2023 | PwC India Launches Cloud Technology Development Programme in Five Campuses to Boost Digital-First Skills | New Delhi, Delhi, India
PwC India today announced the launch of a new Cloud Technology Development Programme, an 18-month long (three semesters) credit course on Salesforce training aimed at third-year computer engineering graduates and pos... |
| 02.03.2023 | India Emerges as a Key Player in the Global Fintech Landscape | The fintech industry in India is experiencing rapid growth due to various factors. One of the primary drivers is the increasing penetration of the internet and smartphones, enabling access to digital financial services.
Additionally, the co... |
| 21.02.2023 | BEL partners with Cisco to secure its digital infrastructure | Sohini Bagchi 21 Feb, 2023
Government-owned aerospace and defence electronics company, Bharat Electronics Limited, has signed a Memorandum of Understanding (MoU) with American IT networking firm Cisco to scale up its services in the areas o... |
| 05.01.2023 | The Evolution Of Payment Innovation In Emerging Markets | R. Srikumar is Senior Vice President, Head Portfolio Group at Mphasis. |
| 09.12.2022 | Deutsche Bank partners Nvidia to encourage AI in finance | Sohini Bagchi 9 Dec, 2022
Deutsche Bank today announced a multi-year innovation partnership with Nvidia to accelerate the use of artificial intelligence (AI) and machine learning (ML) in the financial services sector.
The partnership will s... |
| 20.10.2022 | Policy easing can help startups battle funding winter chill | India’s promising startup ventures are not only pioneering a culture of innovation in the country. (Representational image)
Any visit to a mall or a neighbourhood shopping complex during this festive season one can sense an unmistakable exc... |
| 14.10.2022 | Indian edtech startup Supernova raises $1.1 million in pre-seed funding even as Indian startup funding hits a 2-year low | Kae Capital, All-in Capital, Goodwater Capital etc participated in the round.
Targeted towards kids aged 4-12, Supernova’s live quizzes aim to cover subjects through interactive 30-minute sessions.
The online education market in India – whi... |
| 08.09.2022 | An overview of data governance frameworks | Image: everythingpossible/Adobe Stock
Organizations are collecting and storing more data than ever before. This data can be used to improve business processes, but it can also be a liability if mishandled. To protect the privacy of their cu... |
| 30.08.2022 | PwC to add 10,000 staff in India in five years | Team TC 30 Aug, 2022
Consulting and professional services firm PricewaterhouseCoopers (PwC) is planning to hire around 10,000 employees in India over the next 3-4 years. The hiring will be in areas such as cloud, digital, analytics, cyber s... |
| 25.08.2022 | ACT Fibernet Launches OTT Aggregator YuppTV Scope To Do Away With Multiple Streaming Subscription Plans | It will bring together various OTT platforms including ZEE5, SonyLIV, Voot Select
On YuppTV scope platform, users will be able to access the OTT platforms, live TV channels with a single-subscription
YuppTV Scope will soon be adding two mor... |
| 28.07.2022 | Google Pay Dos and Don’ts to keep fraudsters away in 2022 | In India, Google Pay uses the unified payments interface (UPI) to allow you to send and receive money.
With the spurt in digital payments, India is also witnessing a rise in fraudulent transactions.
Here are some dos and don’ts which you ca... |
| 14.07.2022 | Cross-Border Fintech Startup Swadesh Raises Funding From Y Combinator, Khosla Ventures | Khosla Ventures, Y Combinator, 8VC, and Section32 participated in the funding round
The fresh funds would be used to scale up Swadesh’s customer acquisition and expand its product suite of NRI-focused financial products
The neo bank helps N... |
| 13.07.2022 | Credit Card Infra Startup Hyperface Bags $9 Mn From 3one4 Capital, Others | Global Founders Capital, Better Capital, Flipkart Ventures, Groww and Rebalance Angel Community also invested in Hyperface’s seed round
The startup plans to expand its team, innovate products and develop its business
Hyperface enables a sim... |
| 23.05.2022 | Uttarakhand becomes first state to roll out drone in healthcare | Sohini Bagchi 23 May, 2022
Commercial utilisation of drones to bring quality healthcare to Indians in the remotest areas is already becoming a reality. Redcliffe Labs, a unit of Redcliffe Lifetech in the US, has come up with its first comme... |
| 17.05.2022 | RBI rejects Sachin Bansal-backed Chaitanya India Fin Credit’s application for universal bank | The Reserve Bank of India on Tuesday announced that it rejected Chaitanya India Fin Credit Private Limited’s application to obtain a Universal Bank license. The rejection is a setback for the Sachin Bansal-backed firm’s bid to set up a full... |
| 17.05.2022 | RBI rejects Sachin Bansal-led Chaitanya India Fin Credit’s application for universal bank | Advertisment
Under the RBI rules, any entity whose application for on-tap licensing has been rejected, cannot re-apply for three years, according to a 2016 PwC analysis of the rules.
Also Read:
Eight Roads launches $250M fund for healthc... |
| 03.05.2022 | Here Are The Top Trends Shaping India’s Payment Scene | India’s digital payments space has seen a massive boom over the past few years, a growth that’s been supported by an expanding e-commerce marketplace and the wider availability of acceptance infrastructure at physical stores.
Building on th... |
| 31.03.2022 | Microsoft takes Startups in Asia from Idea to Unicorn with new Microsoft for Startups Founders Hub Platform | New platform by Microsoft will support founders in Asia at every stage of their startup journey with access to more than US$300,000 in benefits including technology and tools from Microsoft and partners
Startups will also be able to gain me... |
| 12.01.2022 | Security talent crunch raises concerns of a bumpy ride for cos in 2022 | Moumita Deb Choudhury 12 Jan, 2022
With digital transformation on the rise, so is the risk of cyberattacks. But there aren't enough professionals to secure and manage the online world, which is making cybersecurity professionals a hot prope... |
| 30.10.2021 | India’s largest IPO ever could cement the market as a legitimate alternative to China | Subscribe to Fortune Daily to get essential business stories delivered straight to your inbox each morning.
Digital payments firm Paytm will launch India’s largest initial public offering ever with a $2.44 billion dual listing on India’s Bo... |
| 13.10.2021 | CRED continues its funding spree, seeking $5.5B valuation | The news: Indian fintech CRED is in talks with investors to raise funds at a $5.5 billion valuation.
This comes just weeks after the three-year-old startup finalized an investment of over $200 million at a pre-money valuation of about $3.75... |
| 25.09.2021 | We asked three spacetech entrepreneurs what it takes to enter the field and they listed out the opportunities | Several big names like Paytm’s Vijay Shekhar Sharma and Mahindra’s Anand Mahindra have been investing in the Indian spacetech segment.
The $7 billion spacetech industry in India is exploding and there is a lot of room for both experts and e... |
| 14.09.2021 | Drones Coming To Deliver Vaccines: ICMR, IIT Bombay Allowed Conditional Exemption | On August 25, 2021, the Ministry of Civil Aviation (MoCA) had notified the liberalised Drone Rules, 2021 to allow wider use of drones while balancing safety and security considerations in drone operations. Now, the Ministry and the Director... |
| 30.07.2021 | Alteryx and PwC Expand Strategic Relationship Globally to Address Analytics Automation Demand | Relationship established in the U.S. in 2020 expands to additional regions to provide end-to-end transformation solutions for companies across the globe
Alteryx, Inc. (AYX), the Analytics Automation company, announced the global expansion o... |
| 17.06.2021 | NV Capital Targets INR 500 Cr Corpus For Maiden Media & Entertainment Fund | Alternative investment fund NV Capital has launched its first media and entertainment credit fund to raise up to INR 500 Cr (approx $68.2 Mn) and invest in content creators, India’s rapidly-growing over-the-top (OTT) audio and video streami... |
| 17.05.2021 | Ratan Tata-backed Moglix is the 13th unicorn from India this year | Advertisement
Moglix has become the 13th unicorn from India this year.
The B2B eCommerce marketplace has raised $120 million in the new funding round.
The overall valuation of the firm rose to $1 billion after the latest series of funding. ... |
| 17.05.2021 | Ratan Tata-backed Moglix is the 13th unicorn from India this year | Moglix has become the 13th unicorn from India this year.
The B2B eCommerce marketplace has raised $120 million in the new funding round.
The overall valuation of the firm rose to $1 billion after the latest series of funding. Indian industr... |
| 03.02.2021 | Spacetech Startup Skyroot Partners With DoS; Will Get Access To ISRO Facilities And Tech Expertise | Advertisment
Later in December 2020, It announced the successful test-firing of its solid propulsion rocket stage named Kalam-5, which was built with an advanced carbon composite structure in a completely automated process.
Founded in 201... |
| 13.01.2021 | Speculate To Accumulate: How Tech Trends Fuel The M&A Landscape | CEO of WalkMe, the digital adoption leaders empowering every organization to realize the promise of its technology. |
| 30.09.2020 | On International Podcast Day, these Indian entrepreneurs have launched a marketplace for podcasters and advertisers to connect | Called Podcash, it's the brainchild of Ronit Roy, a marketeer and Garima Surana, a podcast host.
Podcash will help podcast producers connect with advertisers and monetize their content.
India is currently the third-largest market for podcas... |
| 30.09.2020 | On International Podcast Day, these Indian entrepreneurs have launched a marketplace for podcasters and advertisers to connect | Called Podcash, it's the brainchild of Ronit Roy, a marketeer and Garima Surana, a podcast host.
Podcash will help podcast producers connect with advertisers and monetize their content.
India is currently the third-largest market for podcas... |
| 03.01.2020 | India’s Top 30 Fintech Influencers 2020 | Over the last five years, the Indian fintech industry has reached new heights both in terms of funding received and fintech adoption.
This year, India is neck and neck with China on consumer fintech adoption with both their percentage of fi... |
| 02.07.2019 | Paytm and Tencent to invest $100 million in MX Player: Report | Indian digital payment platform Paytm and Tencent Holdings plan to invest $100 million in Indian streaming service MX Player as per a report by Bloomberg.
Tencent, the China-based operator of WeChat, has invested in movies and Over the Top ... |
| 01.02.2019 | Amazon and Flipkart pull 100,000s of products to comply with new Indian law | Amazon has been forced to pull an estimated 400,000 products in India after new regulation limiting e-commerce businesses went into force in the country today.
First announced at the end of 2018, the new regulation imposes a ban on exclusiv... |
| 27.12.2018 | New e-commerce restrictions in India just ruined Christmas for Amazon and Walmart | The Indian government is playing the role of festive party pooper for Walmart and Amazon after it announced new regulations that look set to impede the U.S. duo’s efforts to grow their businesses in India.
Online commerce in the country is ... |
| 12.09.2018 | NITI Aayog CEO asks digital lenders to raise loan limits through OTP-based e-KYC | Pitching to raise the current caps on small-ticket loans, NITI Aayog CEO Amitabh Kant asked digital lenders to push the limits on small loans granted through one time password-based electronic know your customer (KYC) verification with the ... |
| 08.09.2018 | With 846 Mn internet users, Indian e-com market will cross $100 Bn by 2022: Nasscom-PwC report | India’s e-commerce market, which is worth $36 billion at present, will exceed $100 billion in next four years.
With Internet penetration expected to almost double to 60 per cent, India will have nearly 846 million Internet users, of which 1... |
| 22.08.2017 | 10 Indian Fintech Startups To Keep An Eye On | The fintech ecosystem in India has evolved significantly since its emergence. Fueled by initiatives from the government to boost innovation in financial services, the sector is expected to further grow in the years to come, according to a n... |
| 28.09.2016 | Expanding To Emerging Markets: First India | I’m always asking our portfolio startups to share their story with me. It’s always so interesting to learn why founders are passionate about solving a problem through their own unique story. So today, I’d like to share a brief story and exp... |
| 25.06.2015 | Quote from Neel Ratan, Leader- Government and Public Sector, PwC India on Smart Cities Mission and AMRUT | India
Quote from Neel Ratan, Leader- Government and Public Sector, PwC India on Smart Cities Mission and AMRUT:
- Launch of Smart City program comes at a time when the government, private sector and citizens alike are looking at balanced gr... |
| 28.02.2015 | Impact of Highest Ever Allocation on MNREGA on Real Estate and Construction Sector by Harpreet Singh, Partner, Risk Advisory Services, PwC India | India
Impact of highest ever allocation on MNREGA on Real Estate and Construction Sector “The finance ministers announcement of “highest ever allocation of Rs.5000 Cr to MNREGA may have a significant impact on availability and cost of labou... |
| 28.02.2015 | Budget Reaction by Harpreet Singh, Partner- Risk Advisory Services, PwC India on Rural and Urban Housing | India
Harpreet Singh, PwC India reaction on Rural and Urban Housing:
“The Finance Ministers announcement of 6 Cr housing units by 2020, while encouraging, needs to be backed up by strong policy directives in the area. Successive budgets hav... |
| 28.02.2015 | PwC Comment on Real Estate Sector by Bhairav Dalal, Associate Director, PwC India | India
PwC comment on real estate sector by Bhairav Dalal, associate director, PwC India:
'The Hon’ble Finance Minister has made quite a few announcements in Budget 2015 for the Real Estate sector. There is renewed emphasis on “Housing for A... |
| 24.02.2015 | Budget Expectation from Mr. Harpreet Singh, Partner (Risk Advisory Services), PwC India for Real Estate Sector | India
Harpreet Singh, Partner (Risk Advisory Services), PwC India:
“We believe that infrastructure status for affordable housing projects, including extension of benefits under Section 80-IA of Income Tax Act is required to encourage develo... |
| - | MeitY Launches Mobile App UMANG To Boost EGovernance | Ministry of Electronics and Information Technology (MeitY), in line with PM Narendra Modi’s Digital India initiative, has launched the egovernance mobile app UMANG – Unified Mobile Application for New-Age Governance.
The initiative to launc... |
| - | Hotstar Earmarks $16.9 Mn For Launch Of Original Content, Hotstar Specials | In a bid to compete with both the domestic and foreign over-the-top (OTT) players, Mumbai-based video streaming provider Hotstar announced the launch of its original content vertical called Hotstar Specials.
According to the company, the Ho... |
| - | Netflix To Move To A Bigger Office In India As It Doubles Headcount | US-based online video streaming service provider Netflix has reportedly leased a 1.5 Lakh sq ft space in Bandra-Kurla Complex (BKC), Mumbai to set up its India headquarters.
This development comes in after media reports in October stated th... |
| - | Amazon India Says ‘No’ To Self-Censorship, Urges Other OTT Players To Follow | Just over a week after it was reported that over-the-top (OTT) content players in India such as Netflix and Hotstar were looking at options to self-regulate their content in India, it has emerged that Amazon India has other plans.
The Seatt... |
| - | Сервис онлайн-консультаций Helpmed привлек $1 млн | Российский стартап Helpmed, работающий в сегменте m-Health, привлек $1 млн инвестиций. Инвесторы не разглашаются.
Это второй раунд проекта — первый привлек в проект $500 тыс долларов от другого неизвестного партнера.
M-Health — термин, обоз... |
| - | Digital Media Companies Have One Year To Comply With Govt’s 26% FDI Norms | In a bid to keep a check on foreign influence and interference in news websites, portals, aggregators and agencies, the government has directed these outlets to comply with the 26% foreign direct investment (FDI) policy for digital news med... |
| - | ‘Eat Like A Girl’: Zomato’s Extreme Food Show Is Here To Challenge Your Inner Foodie | After the successfully running of food-based shows, hosted by eminent personalities like chef Sanjeev Kapoor, on its platform, Zomato has now partnered with ScoopWhoop to bring an extreme food show called ‘Eat Like a Girl’.
Featuring food b... |
| - | Blockchain This Week: Maharashtra Govt Launches Blockchain Sandbox; US Air Force Gets A Blockchain Boost & More | Infocus Blockchain This Week
Blockchain applications in different industries is the new frontier for startups & enterprises alike. Every week, Inc42 brings the latest developments from the Indian blockchain industry and how its disrupti... |
| - | Healthtech Startup HealthAssure To Invest $15 Mn Over The Next Three Years | Image Credits
HealthAssure, a seven-year old heathtech startup providing access to primary care to insurers and corporates across 1,000 cities, has announced plans to invest $15 Mn over the next three years. The investment will be geared to... |
| - | Infosys-Backed ideaForge Bags Funding After Clinching $20 Mn Indian Army Drone Order | Mumbai-based ideaForge has raised about $2 Mn (INR 15 Cr) from venture debt firm Blacksoil after the drone manufacturer recently bagged a $20 Mn order from the Indian army for its ‘Switch’ UAVs (unmanned aerial vehicles).
Switch is a vertic... |
| - | Drones Coming To Deliver Vaccines: ICMR, IIT Bombay Allowed Conditional Exemption | On August 25, 2021, the Ministry of Civil Aviation (MoCA) had notified the liberalised Drone Rules, 2021 to allow wider use of drones while balancing safety and security considerations in drone operations. Now, the Ministry and the Director... |
| - | DPIIT To Soon Clarify 26% FDI Cap On Digital Media | The Department for Promotion of Industry and Internal Trade (DPIIT) may soon issue a clarification on the concerns raised by media companies over the government’s decision to allow 26% foreign direct investment (FDI) in the digital media se... |
| - | Beverage Startup Lahori Raises $15 Mn From Belgium-Based Verlinvest | Punjab-based beverage startup Lahori has raised $15 Mn in funding from Belgium-based Verlinvest in exchange for the latter receiving an undisclosed minor stake.
Lahori is a beverage startup that sells ‘desi’ (local or indigenous) packaged a... |
| - | TRAI Reduces Scope Of Regulation For OTT Apps Amid Operators Feedback | Along the sidelines of Digital India, with the increasing internet and smartphone penetration for end-users, Indian government-owned statutory body Telecom Regulatory Authority of India (TRAI) has reduced the scope of regulation for the pro... |
| - | Section 50CA, A New Conundrum For Angel Investors | While angel tax getting barred up to $1.5 Mn (INR10 Cr) funding giving some relief to startups as well as angel investors, Section 50CA of Finance Act 2017 is the new cauchemar for angel investors.
Effective from April 1, 2018, as per Secti... |
| - | SARS created the perfect storm that changed how China shopped forever. The coronavirus could do the same for the US. | Samantha Lee/Business Insider; Crystal Cox/Business Insider This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Experts say the 2003 SARS epidemic played a valuable role in shaping consumer s... |
| - | Indian Govt Grants Drones Usage To 10 Organisations | The Government of India has granted drone usage permission to 10 organisations. The Ministry of Civil Aviation (MoCA) and Directorate General of Civil Aviation (DGCA) have granted conditional exemption from Unmanned Aircraft System (UAS) Ru... |
| - | Digital Payments Startup Benow Acquires Finmo In Cash And Stock Deal | Mumbai-based Digital payments startup Benow has acquired Gurugram-based Finmo and their flagship product DigiBharat in a cash and stocks deal. As part of the acquisition, all the existing merchants acquired by Finmo will be on-boarded as Be... |
| - | Indian NBFC Aye Finance raises $33.34 Mn In Series D Funding | Non-banking financial company Aye Finance said it has raised $33.34 Mn (INR 233.62 Cr) in Series D equity round led by New York-based investment firm Falcon Edge Capital. Existing investors CapitalG, LGT and MAJ Invest also participated in ... |
| - | Blockchain This Week: The Blockchain Multiverse, Smartphones, Indian Tourism And More | The Blockchain Multiverse
Blockchain technology is at its a core an accounting technology. It provides an immutable record of transactions almost immediately, allowing for continuous auditing and authenticity of data. However as its buzz in... |
| - | Flipkart Looks To Acquire Stake In Hotstar To Challenge Amazon Prime Video | With more than 460 Mn Internet users consuming content online in India, the over the top (OTT) sector is all set to explode in the country. Established OTT players such as Amazon Prime Video, Netflix, and Hotstar are doubling down on vernac... |
| - | ICMR Begins Vaccine Delivery By Drones In Manipur; 10 Doses Sent Across 23 KMs In 15 Min | On August 25, 2021, the Ministry of Civil Aviation (MoCA) had notified the liberalised Drone Rules, 2021 to allow wider use of drones while balancing safety and security considerations in drone operations.
Less than a month later, the India... |
| - | PayGlocal Raises $4.9 Mn To Enable Cross-Border Payments | Payment solutions company PayGlocal has raised $4.9 Mn in a Series A funding round led by Sequoia Capital India. Beenext, Jitendra Gupta and Amrish Rau also participated in the round.
Founded in 2021 by Prachi Dharani, Rohit Sukhija and Yog... |
| - | CRED continues its funding spree, seeking $5.5B valuation | The news: Indian fintech CRED is in talks with investors to raise funds at a $5.5 billion valuation.
This comes just weeks after the three-year-old startup finalized an investment of over $200 million at a pre-money valuation of about $3.75... |
| - | Blockchain This Week: Covid-19 Drives Blockchain Adoption, WEF Looks To Reset Global Economy With Blockchain & More | Infocus Blockchain This Week
Blockchain applications in different industries is the new frontier for startups & enterprises alike. Every week, Inc42 brings the latest developments from the Indian blockchain industry and how its disrupti... |
| - | Banking industry Is Lagging In Test Automation. It’s Time To Change | Over the years technology has been viewed as a major game changer for the finance and banking industry. Online banking, bill payments, and related transactions have become a way of life. With digital technologies influencing every aspect of... |
| - | Aye Finance Raises $7.9 Mn Debt From DCB To Grow Loan Book | Gurugram-based digital lending company Aye Finance has raised INR 55 Cr ($7.99 Mn) in debt funding from DCB Bank through a securitisation deal. The funding will be used to grow its loan book and offer affordable and customised credit soluti... |
| - | Paytm Plans To Launch OTT Services, Begins Hiring Process | Online payment and ecommerce platform Paytm is reportedly looking to foray into the video content space and plans to launch over-the-top (OTT) services. The company has also begun the hiring process for the service, according to media repor... |
| - | Former Infosys Chief Sikka Is Working On An AI Venture That Seeks To Expand “Human Creativity” | Former Infosys Chief Vishal Sikka has revealed that he is working on a venture involving artificial intelligence that will use technology to enhance “human creativity”, ET reported.
In a keynote speech given at TiE Inflect conference in Sil... |
| - | NV Capital Targets INR 500 Cr Corpus For Maiden Media & Entertainment Fund | Alternative investment fund NV Capital has launched its first media and entertainment credit fund to raise up to INR 500 Cr (approx $68.2 Mn) and invest in content creators, India’s rapidly-growing over-the-top (OTT) audio and video streami... |
| - | HealthTech Startup Grow Fit Raises $4.5 Mn Funding From Manipal Group, Others | Bengaluru-based healthtech startup Grow Fit has raised $4.5 Mn in Series A funding. The investment was led by Manipal Education and Medical Group (MEMG), the PE arm of Manipal Group.
Existing investors, SAR Group and The Grover Trust also p... |
| - | Budget 2017 – Tax Rate For SMEs With An Annual Turnover Up To $7.6 Mn Reduced To 25% | This year’s budget saw a string of announcements for the middle class and also focussed a spotlight on the Startup India ecosystem, going full steam ahead.
Out of the various announcements that were made, a welcome change was the one for MS... |
| - | GrowthStory-Promoted Homescreen Network Raises $2 Mn From Saama Capital | Bengaluru-based vernacular digital media startup Homescreen Network has raised $2 Mn in a Series A round of funding from Saama Capital.
The startup plans to use the funds to grow on vernacular reach in India and build a highly scalable Prof... |
