IT reworks hiring for Gen Z; HCLTech CEO on AIHappy Thursday! India’s IT sector is seeing a sharp rise in replacement hiring as Gen Z professionals switch jobs faster. This and more in ...
Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
Kabeer Biswas’s concierge startup 'M' raises Rs 102 crore from Peak XV, Blume, CredKabeer Biswas, Dunzo cofounder, has launched a new AI concierge startup named M. The company secured Rs 102 crore in funding from Peak XV P...
Amazon's Now pivot; Anthropic's revenue surgeAmazon is shuttering its Fresh service in major cities to focus on its quick commerce platform. This and more in today's ETtech Top 5.
InCred Alternatives closes Rs 1,500 cr special situations fundInCred Alternatives has successfully closed its inaugural special situations credit fund at Rs 1,500 crore, attracting diverse investors. T...
Rising yields attract HNIs to bonds: Inside the new debt allocation strategyEven as this volatility spills over into equity markets, high net worth individuals (HNIs) and ultra HNIs (UHNIs) are not pulling back shar...
Scoop: Cred in talks to raise new funds as valuation slips by over 30% to $4 billionFintech startup Cred is in talks to raise $100–200 million at a reduced valuation of around $4 billion, down from $6.4 billion in 2022. Bac...
Cred’s FY23 revenue more than triples, losses grow marginallyWhile the company’s revenues rose significantly, expenses shot up, too. In FY2023, the Bengaluru headquartered fintech reported total expen...
Kunal Shah’s inhouse NBFC ends first year with a small profitNewtap Finance is looking to set up a new management team and build partnerships with other fintechs.
Cash flow management platform CredFlow acquires YC-backed TechBiz in all-cash dealCredFlow chief Kunal Aggarwal said the acquisition of TechBiz, which offers a complementary set of services, would expand the firm’s target...
Cred lays off close to 15% of staff at expense management unit HappayThe exact number of employees affected by the layoffs could not be ascertained, but one of the sources told ET that 10-15% of the workforce...
Kunal Shah’s Newtap Technologies in talks to raise $50-70 million to push lending businessShah has discussed shoring up the funds from Cred’s existing investors including Sequoia Capital and Singapore’s sovereign fund GIC, which ...
Cred to buy CreditVidya as fintech consolidation continuesAfter the acquisition, CreditVidya will continue to operate independently and its more than 200 employees will get access to Cred’s employe...
Cred launches ‘Scan & Pay’ feature as it enters offline payments spaceThe feature can also be used to make peer-to-peer (P2P) transactions, either by scanning a quick response (QR) code or by feeding in the be...
As fintech Cred diversifies, it is betting on video commerce and group buyingFounded in 2018 as a credit card payment platform that rewards its users for every transaction, Cred has been expanding its offerings in th...
CRED Mint wants you to earn more from the idle cash in your bank account; here's howCRED Mint enables you to manage your idle money by facilitating higher rates of interest than most traditional methods. This service will a...
CRED launches online lending, credit features for its customersWith the option of paying rent on credit, members can free up cash, enjoy the interest-free credit period, and earn reward points on credit...