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Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...- Fintechs trade the wild west for regulatory licencesIndia's leading fintech firms, once disruptors, are now actively seeking regulatory licenses to ensure sustainable growth. Companies like P...
- Clock’s ticking for digital lenders as VC funding plunges 50% in 2025Funding into digital lending startups slumped to $462 million between January and August 2025 from $1.1 billion a year earlier, according t...
- Winners of ETSA 2025; and other top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories from this week. Let’s take a l...
- Amazon completes $200 million cash acquisition of Axio, adds an NBFC licence via dealWhile the company did not disclose the deal size, sources pegged it at around $200 million, with all the existing investors of Axio making ...
- Festive cheer with GST 2.0; Amazon’s $200 million NBFC betHappy Friday! Ecommerce is expected to win big this festive season on the back of new GST relief. This and more in today’s ETtech Morning D...
- Digital lending startups put off IPO plans amid muted growthDigital lending startups experienced slower growth in FY25 due to rising expenses, tighter regulations, and worsening credit quality, poten...
- Flipkart secures NBFC licence from RBI, to begin lending from own booksWalmart-owned Flipkart has received a non-bank finance company (NBFC) licence from India’s central bank, allowing it to lend directly to cu...
- Karnataka tech startups' funding dips to $633 million in March quarterAccording to Tracxn's Karnataka Tech Quarterly Funding Report Q1 2025, no new unicorns or funding rounds exceeded $100 million in the quart...
- Union Budget 2025: Govt enhances credit guarantee thresholds for small biz, startupsThe government has also proposed to double its credit guarantee for startups to Rs 20 crore, which is being lauded by the industry as a big...
- Amazon to acquire fintech lending startup Axio in a $200 million all-cash dealAxio announced in a blog post that it had signed an agreement with Amazon for a proposed acquisition in December, following the successful ...
- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- Battery makers are charging up; Amazon to acquire AxioTwo major battery manufacturers have plans to set up plants in India. This and more in today’s ETtech Morning Dispatch.
- Amazon to acquire Axio; Infosys Q3 resultsAmazon adds digital lending platform Axio to cart. This and more in today’s ETtech Top 5.
- Piyush Goyal on ecommerce; Centre charges up EV cosUnion commerce minister Piyush Goyal said ecommerce firms are operating in an opaque manner, and that quick commerce platforms need to inte...
- Fintech startup Axio raises $20 million funding from Amazon Smbhav Venture FundEarlier, Axio had raised $137 million in equity and $671 million in debt. In 2021, it received $50 million in equity funding led by Lightro...
- US fintech Carta exits secondary market business after sales controversyIn a blog post Monday night, Carta chief executive officer Henry Ward said the company will stop its work in secondary share trading, a bus...
- Unsecured loans in focus, fintechs see NBFC credit taps drying upLarge NBFCs like Aditya Birla Finance and Poonawalla Fincorp have informed the fintech startups they do business with that they will no lon...
- Value of fintech-led businesses to rise to $400 billion by 2030: reportBetween 2018 and 2022, equity infusion has gone up to $6 billion from around $2 billion, the report from Elevation Capital found. However, ...
- Tiger Global in talks to raise $10 billion for new growth equity fundThe new fund, which will be its 15th fund, is likely to have a first close in October and a final close in March next year
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