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PINE LABS PENALTY
Fintechs back on VC radar; Cyber insurance in demandHappy Wednesday! Venture capital is once again flowing fintechs’ way. This and more in today’s ETtech Morning Dispatch.
Nykaa block deal; VC funding reportOne of Nykaa’s early investors is offloading a part of his stake through a $150-million block deal. This and more in today's ETtech Top 5.
Big AI bets, demand reboot: Indian IT sector 'bytes' into 2025 with cautious optimismThe Indian IT industry expects better tech spending and a stronger deal pipeline as businesses have started onboarding AI. Experts also exp...
Reverse flips get on the fast-track; quick comm's Diwali playThe government has eased the approval process for startups looking to shift their base back to India. Details on this and more in today’s E...
A quarter of hits & a few misses; and other top tech, startup storiesWelcome to another edition of ETtech Unwrapped – our weekend newsletter. This is Pranav Mukul in New Delhi. This week we’ve wrapped up anot...
Quickening pace of quick-commerce; and other top tech, startup stories this weekIt’s no surprise, given quick-commerce platforms are betting big on advertising revenues to contribute substantially to their toplines. HSB...
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 ...
Startups looking to reverse-flip must pay tax: Piyush GoyalIndian-origin startups considering relocating to India face tax implications, aiming for better valuations. Minister Goyal emphasized using...
Pine Labs, Zepto, Meesho press the home button; decoding UPI’s market share capHappy Wednesday! A wave of Indian technology startups, including Pine Labs and Zepto, are actively working on plans to shift their domicile...
ETtech In-depth: Decoding the UPI growth story through the eyes of a duopolyIf the third largest UPI payment app further loses market share, there is a high chance that the likes of PhonePe and Google Pay will benef...
Paytm shares jump 5%. How good is the TPAP news for shareholders?One97 Communications shares surged 5% to Rs 370.90 on BSE as NPCI approved Paytm for UPI. YES Bank will be payment provider and merchant ac...
ED smells Fema trouble in Paytm bank; legal breather for Byju’sThe Directorate of Enforcement is probing potential violations of forex laws linked to entities using Paytm Payments Bank. More stories aro...
Paytm crisis deepens; taming of the alpha founderPaytm’s peers and users have gone back to re-strategise as the fintech firm untangles the regulatory knots. The latest on this and more in ...
Start-studded ETSA jury to pick winners today; Boat raises $60 million, delays IPOThe ten-member jury, spread across India, Silicon Valley, Bellevue (US) and Singapore, will meet virtually today to recognise the brightest...
Paytm’s Raheja QBE deal is off; Navi Finserv to raise Rs 600 cr from bond saleOne97 Communications, the parent company of Paytm, has said its deal to acquire Raheja QBE General Insurance Company Ltd has been terminate...
US flags Indiamart on fake goods; FirstCry IPO in 2022Earlier today The Office of the United States Trade Representative (USTR) released a list of 42 online markets that reportedly conduct or f...
Few startups corner bulk of funding; RBI rule disrupts auto payIndia's startup ecosystem is in the midst of an unprecedented funding boom, but the top two or three companies in each sector have cornered...