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LOAN KUBER FUNDING
Sebi eases Esop rules; VCs chase secured creditThe markets regulator has relaxed Esop rules for founders preparing to take their companies public. This and more in today’s ETtech Morning...- Mortgage lender Loan Kuber raises $3.5 million in fundingAuxano, LetsVenture, Mavuca Capital, and angel investors Ruchi Deepak of Acko, Prashant Tandon of 1mg, and Pankaj Vermani of Clovia also pa...
- RBI announces auction sale of Govt. securities of Rs 32,000 croreThe Reserve Bank of India has announced the auction for the sale of Government Securities worth Rs 32,000 crore. The auction is scheduled t...
- How small investors can put money in startups, how gains made on investments will be taxedSome platforms are helping small investors get a foothold in the very-high-risk-very-highreward world of startup investing.
- Sequoia sells 2% of Zomato; CoinDCX marks DeFi foraySequoia was one of the early backers of Zomato and now holds a 4.4% stake in the company.
- Twitter’s terrible weekThe most explosive allegation, however, was the Indian government forced Twitter to put a government agent on the payroll, and that this ag...
- PhonePe to launch ecomm app on ONDC; Web3 draws early-stage investorsIt made attempts previously with offerings such as Switch, loosely based on the ‘super app’ concept, and Stores, which was aimed at facilit...
- Prudent Corporate IPO open from today: Here's what brokerages sayThe issue is entirely an offer for sale (OFS) by the existing shareholders of the company who will offload 85.49,340 shares with a face val...
- Crypto bill to require KYC data sharing; Indian platforms join live commerce rushIndia's cryptocurrency bill will require crypto exchanges to share know-your-customer (KYC) data of their users with various regulators and...
- Firms keep faith with crypto payments; SoftBank shares tank 8.2%India’s cryptocurrency bill will almost certainly ban digital assets from being used as currencies but may allow them to be held as assets,...
- LoanKuber raises Rs 13 crore from Lets Venture, Inflection Point, othersLoanKuber will use the proceeds to hire more talent, enhance the existing tech stack and grow the loan book.
- Binny Bansal’s Flipkart stock sale; Uber’s Rs 2 crore job offer at IITsBinny Bansal, who cofounded Flipkart along with Sachin Bansal, has scooped up a good sum by selling a part of his stake in the company. The...
- Zomato in the firing line; Cred’s valuation hits $4BThis morning, Zomato said it had fired a customer service employee who told a customer that he ought to know Hindi. Two hours later, the co...
- Top cryptocurrency prices today: Solana, Polkadot, Ethereum shed up to 6%Barring the US dollar pegged Tether, nine out of top 10 cryptocurrencies were trading lower at 9.30 hours IST. Solana shed more than 6 per ...
- Yes Bank seeks CBI probe against Cox & Kings groupYes bank current management alleges payment of kickbacks and laundering of money related to loan transactions with the Cox & Kings Group (C...
- Stocks in the news: DHFL, MCX, Federal Bank, Jet Airways, YES Bank, SBI and Tata MetaliksAuditors of crisis-hit DHFL have sought more information from the company's management.
- RBI to infuse liquidity in OMO purchase of G-secs worth Rs 12,000 crore on ThursdayThe purchase will happen through multi-security auction using the multiple price method.
- Kerala to regulate operations of non-banking financial companies, Chit funds"The government has plans to approach the Reserve Bank governor seeking more control over their functioning," Ramesh Chennithala said.
- Long queue for GE Money businessThe race to acquire the personal and home loan portfolio of General Electric’s consumer finance company, GE Money Financial Services is hot...
- GE Money may sell its India businessGeneral Electric has put its Indian unit of consumer finance company GE Money on the block. Morgan Stanley has been given the mandate to fi...
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