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BHARATPE MARKET CONDITIONS
One soundbox soon for all payment apps as NPCI readies platformNPCI is developing a unified, interoperable soundbox system for UPI transactions, aiming to eliminate the need for merchants to use multipl...
Insurance companies see a growth path in ecommerce, fintech embedded modelsEmbedded insurance is expanding in ecommerce and fintech, with payment and online retail platforms bundling protection for merchants. Start...
BharatPe to raise funds before IPO, listing not on card this fiscal: CEO Nalin NegiBharatPe, last week, announced that it had achieved operational profitability after excluding the employee stock ownership plan. The compan...
P2P startups look to overhaul biz, processes amidst RBI crackdownPeer-to-peer lending startups are still coming to terms with the latest observations on the sector released by the RBI on August 16. At the...
Subsidy plan for EV charging stations; clean up those startup cornersThe government plans to subsidise charging stations for electric two- and three-wheelers. This and more in today’s ETtech Top 5.
RBI grants payment aggregator licences to Razorpay, Cashfree, others; FirstCry’s IPO detailsWhile the payment aggregator licence was thought to be routine initially, for the likes of Razorpay and Cashfree, it makes a big impact as ...
Byju’s investors spell out terms for fresh funding; ecommerce orders see Black Friday spikeInvestors at Byju’s have demanded the company meet certain conditions before they invest new capital amid a deepening fund crunch.
BharatPe hits Ashneer Grover with fresh case; Tesla ready to invest in India, but conditions applyBharatPe cofounder Ashneer Grover finds himself in trouble yet again, this time for sharing the company’s confidential information on socia...
Piyush Goyal talks India up to tech firms in US; Tata Tech IPO detailsCommerce and industry minister Piyush Goyal met senior executives from American tech giants such as Micron, YouTube and Tesla to outline op...
Nudged by RBI, P2P lenders look to diversify partnershipsThree people in the know told ET that while the banking regulator has not spelt out any statement on the fledgling sector explicitly, back ...
BharatPe founder Ashneer Grover launches fantasy sports app CrickpeThrough Crickpe, which is a real-money gaming app, users of over 18 years of age will be able to create a virtual team of cricket players, ...
BharatPe drags Ashneer Grover to arbitration; Snapdeal halts $152 million IPOAfter filing a criminal complaint and a civil lawsuit against Ashneer Grover, BharatPe has now recorded a hat-trick of legal actions agains...
Amazon reassessing some India experiments: Manish Tiwary; US tech layoffs may increase demand for EB-5 visasTiwary added that the technology giant would double down on its investments business-to-business (B2B) marketplace, pharmacy, grocery and s...
Delhi HC summons Ashneer Grover, Madhuri Jain; over 3,000 crypto accounts face scrutinyBharatPe’s controversial cofounder Ashneer Grover and his wife Madhuri Jain, the company's former head of controls, have been summoned by t...
Uber likely to sell 7.8% Zomato stake today; Foxconn expands TN factoryUber said in its earnings report on Tuesday that it had suffered an unrealised loss of $245 million on its investment in Zomato during the ...
BharatPe’s Grover resumes battle with Koladiya; Indian crypto suffers liquidity crunchGrover also recently wrote to the board on the issue of Koladiya’s alleged stake in the firm, asking it to remove him from the company at o...
Amid controversy, BharatPe’s Ashneer Grover milks new-found fame, taps Gen Z audiencesGrover's audience reflects a troubling culture of admiring brash personalities and a generation that is on the constant lookout for masala ...
The state of CBDCsThis week the International Monetary Fund (IMF) released a report outlining six case studies of central bank digital currencies (CBDCs).
The new rage in startup townHow does the startup world look at the latest controversy involving the BharatPe cofounder Ashneer Grover, and what do the aggressive entre...
Making sense of BharatPe's banking forayThe story of how BharatPe, a three-year-old fintech startup, partnered 44-year-old NBFC Centrum Finance to acquire a banking licence and ma...