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MSWIPE NEWS
Binance’s India comeback; D2C brands spend big for q-commerce presenceDirect-to-consumer (D2C) brands are shelling out high commissions on sales for space on coveted quick-commerce platforms. This and more in ...- Payment firms and KYC compliance; Cabinet nod for Tata chip unitDespite the regulator’s insistence on adhering to prescribed norms, many payment firms seem to be lax in conducting bank-grade KYCs. This a...
- NCLT reserves order on Byju’s rights issue; Meity tweaks IT rulesByju’s and a group of its investors have been given three days by the National Company Law Tribunal to file written submissions on a plea a...
- India Inc should support startups: Zomato CEO; Capillary’s fundingZomato CEO Deepinder Goyal said established businesses in India should nurture startups, but without the intention of owning them. This and...
- Mswipe raises $20 million in ongoing funding round led by Alpha WaveMswipe said it will use the proceeds from the ongoing fundraise to increase its merchant payment network, to strengthen its product and tec...
- Inside Flipkart’s top-deck churn; FM to meet fintechsAt least four senior vice-presidents (SVPs) at Flipkart including Ayyappan R, head of travel booking website Cleartrip; Amitesh Jha, who le...
- Fintechs shuffle the pack to come up with aces; and other top tech, startup stories of the weekEven fintech infrastructure provider Perfios has roped in Sumit Nigam as chief technology officer, who was previously the engineering head ...
- Mutual funds gravitating to new-age firms; global tech centres buck hiring trendNew-age companies are seeing increased interest from domestic mutual funds, who have upped their shareholding in these firms over the last ...
- Sales grow quickest via q-commerce for packaged goods, RBI may regulate PoS playersHappy Friday. Packaged goods brands are riding the ultrafast delivery boom despite an overall slowdown in the sector due to the ongoing fun...
- Mswipe looks to have 50% women employees by end of 2022Currently, Mswipe has 2,900 employees and has plans to hire some 2,000-odd professionals by April 2022, as well as appoint women on its lea...
- Govt may tax overseas crypto exchangesIn today’s ETtech Morning Dispatch: Overseas cryptocurrency exchanges may face 18% GST in India, Prem Watsa-backed Digit in talks to raise ...
- Digital payments boom againFrom UPI's record growth to Flipkart's social commerce bet and Zomato seeking CCI nod for Grofers deal, here's a quick look at the top tech...
- Avail Finance raises $11.5 million in Series B round led by Falcon EdgeMatrix Partners will hold 26.4% in Avail Finance, while Alphawave has picked up 11.5% in the company following the funding.
- One man, 3 careers: Mswipe founder Manish Patel no less than a trapeze artistManish Patel's father is a circus owner in South Africa.
- MDR subsidy offer puts point-of-sale companies in a spotTo promote digital transactions, the government in December said that for two years it would bear some of the fees, known as MDR that merch...
- Epiq Capital to focus on secondary investments in startups"The capital till now has been raised from global institutional investors, with no domestic investors," said one of the sources mentioned a...
- Cockroach vs unicorn: Investors looking for startups that can survive anythingLast year, investors threw money at unicorns - companies valued at $1 billion or more - but this year, it seems to be the turn of the cockr...
- Ola value doubles to Rs 32,000 crore in 6 months; Falcon Edge to invest 630 croreNew York-based hedge fund Falcon Edge is pumping $100 million (Rs 630 crore) in taxi-aggregator service Ola, valuing it at $5 billion.
- Mswipe Technologies gets Rs 160 crore funding led by Falcon Edge Capital, Meru Capital, OlaFounded by Mumbai University graduate Manish Patel in 2011, the startup caters to both, small and medium enterprises as well as enterprise ...
- Matrix Partners India focuses on deals in internet and software spaceThis is significantly higher than the deal flow for all of 2013, when there were 179 deals worth Rs 3,900 crore, according to consulting fi...
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