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Separating fact from fiction: how many unicorns does India really have?

TMT

20 March, 2024

Separating fact from fiction: how many unicorns does India really have?

Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......

Third Wave Coffee onboards former Devyani CEO after co-founder steps down

People

18 March, 2024

Third Wave Coffee onboards former Devyani CEO after co-founder steps down

Quick service restaurant chain Third Wave Coffee, operated by Heisetasse Beverages Pvt. Ltd has appointed former Devyani International executive Rajat ......

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Deals Digest: Funding momentum rises due to a large-ticket deal, volume drops

General

15 March, 2024

Deals Digest: Funding momentum rises due to a large-ticket deal, volume drops

Funding activity by private equity and venture capital firms during the week reached its highest levels this year so far ......

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Abhinay Maths and Classplus founders stuck in a legal tussle

TMT

13 March, 2024

Abhinay Maths and Classplus founders stuck in a legal tussle

Abhinay Sharma, founder of online test prep platform Abhinay Maths, has filed a police complaint against edtech startup Classplus and ......

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Bottomline: Auxilo's profit, AUM on high growth path; asset quality improves

Finance

12 March, 2024

Bottomline: Auxilo's profit, AUM on high growth path; asset quality improves

Non-banking financial institution Auxilo Finserve Pvt. Ltd, which snagged $57 million from Tata Capital, Trifecta and Xponentia Capital last year, ......

Indian startups ask antitrust body to order Google to restore apps

TMT

05 March, 2024

Indian startups ask antitrust body to order Google to restore apps

A group representing Indian startups has asked the country's antitrust watchdog to order Alphabet Inc's Google to reinstate apps it ......

Why exempting startups from the personal data protection law may hurt more than help

Opinion

20 February, 2024

Why exempting startups from the personal data protection law may hurt more than help

In the digital age, data has emerged as a currency of unparalleled value, driving innovation, powering economies, and shaping industries. ......

ED fails to find breaches in Paytm Payments Bank's overseas transactions so far

TMT

19 February, 2024

ED fails to find breaches in Paytm Payments Bank's overseas transactions so far

An investigation into possible foreign exchange violations at Patym Payments bank by India's financial crime fighting agency has not yet ......

EPFO to shut the door on claims made via Paytm Payments Bank

TMT

09 February, 2024

EPFO to shut the door on claims made via Paytm Payments Bank

India's state-run social security fund will halt claims made via Paytm Payments Bank accounts from Feb. 23, as the country's ......

MakeMyTrip, Policybazaar warn RBI of slowing investment in fintech sector post Paytm crackdown

Economy

06 February, 2024

MakeMyTrip, Policybazaar warn RBI of slowing investment in fintech sector post Paytm crackdown

India's MakeMyTrip and insurance seller PolicyBazaar have told the central bank its crackdown on digital payments firm Paytm will hurt ......