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Digital payment firms face RBI scrutiny; Pine Labs, Meesho eye listingsHappy Thursday! After approving about 54 companies to become payment aggregators, the central bank is tightening its reins in the sector. T...- SaaS startup Actyv.ai fires 60 staffers as market downturn bitesThe layoffs were a result of a right-sizing initiative in response to prevailing market conditions, a company statement said.
- Indian startups look for ways to move their funds out of SVBBanks step up in opening Gift accounts; companies considering alternative US banks too.
- CFOs warn about job cuts in education sector in next 6 monthsAccording to a a survey of 600 CFOs by Coupa, a Cloud-based platform, 100 per cent of CFOs in the education sector responded with "reduce w...
- 2022 Year in Review | Tech firms embrace layoffs as recession fears buildAfter two years of staggering growth during the pandemic, online businesses were caught out when Covid began to fade. Russia’s invasion pro...
- Cred continues fintech consolidation; Dailyhunt parent sacks 150 employeesDays after we reported that digital payments major PhonePe was set to acquire buy-now-pay-later platform ZestMoney, India’s fintech sector ...
- Google-Facebook ad duopoly continues; Ajit Mohan quits Meta to join SnapGoogle and Facebook combined posted a 77% year-on-year jump in their ad sales last fiscal while the equalisation levy they paid soared 82%,...
- Chargebee’s SaaS suite looks to help clients earn moreChargebee had made successive acquisitions in the past 18 months — Brightback, numberz and RevLock in the subscription and cash flow manage...
- LeadSquared is the latest SaaS unicorn; Matrix to raise $450M India fundLeadSquared raked in $153 million from WestBridge and others to join the unicorn club
- Pushback on crypto ‘shadow ban’; Amazon to absorb Cloudtail, Prione employeesNow, many top banks which have blocked UPI for trading crypto based on “verbal instructions” from NPCI, want it to spell out the rules in w...
- Can Bitcoin save Russia from sanctions?Crucially, though, Biden said the measures would not extend to cutting Russia off from the SWIFT network — a payments system used across th...
- Crypto tax conundrum continues but new sign-ups surgeCrypto investors in India are also trying to understand how tax will be applied in various real-world situations.
- Crypto signups spike; India’s sovereign wealth fund bets on FirstCryThe number of people who signed up for accounts with Indian crypto platforms was 30-50% higher on Tuesday, when the finance minister announ...
- 2021 Year In Review | The Year Of The UnicornWhat was for a better part of a decade a trickle developed into a stampede as almost 39 startups achieved billion-dollar valuations this ye...
- SaaS space heats up with big deals at Chargebee, Innovaccer as valuations soarInvestors continue to back Indian cross-border enterprises building products that attract global clients
- SaaS season coming soon; India's chance at blockchain greatnessWe are opening this December week with a bunch of exclusive stories you ought not to miss. First up, Indian software-as-a-service (SaaS) fi...
- Profits over livesIn today's ETtech Morning Dispatch: CERT-In issues advisory over Facebook data leak; Big Basket and Grofers witness surge in demand for onl...
- Tiger mints another unicornAlso in today's ETtech Top 5 newsletter: Chargebee becomes unicorn after Tiger Global funding; Mobile Premier League buys GamingMonk in onl...
- Tech providers next wave of game changers: Gopal SrinivasanTech providers are going to be the real big game changers of the next wave after edtech and consumer internet and payment which was the fir...
- Tiger Global Management Sells 3.4% in classifieds website JustdialTiger Global Management sold a 3.4% stake in Justdial for Rs 300 crore reducing its holding in one of its earliest portfolio firms in count...
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