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PIYUSH KHAITAN
13 min that shrunk world in 1911: World’s first Air Mail by airplane in India made it global ‘Ground Zero’A 13-minute flight from Allahabad to Naini 115 years ago marked India as the birthplace of global airmail. This historic event is celebrate...- Presenting the Jury for The Economic Times Awards for Corporate ExcellenceMeet the high-powered jury that will pick the winners of India Inc’s most prestigious awards: The Economic Times Awards for Corporate Excel...
- Fintech startup Neogrowth raises $10 million debt from Microvest CapitalSince its founding in 2003, Microvest has disbursed over $1 billion to over 200 financial institutions in 60 emerging and frontier countrie...
- NeoGrowth raises Rs 300 crore in funding from Dutch lender FMO, existing investorsSmall businesses-focused fintech player NeoGrowth has raised Rs 300 crore from Dutch entrepreneurial development bank FMO along with existi...
- NeoGrowth Credit launches Vendor Finance Express for SMEsThe product is document light with no demand for invoices as part of documentation hence, making the application process hassle free for th...
- States to test GST cashback for payments via Rupay, BHIM appThe GST Council also decided to set up a Group of Ministers (GoM) under Minister of State of Finance Shiv Pratap Shukla to look into the is...
- Lending is the flavour of the month, but there’s enough space for us all: Piyush KhaitanKhaitan explains why lending becoming the flavour of the year among venture capital funds might be good for merchants.
- DLAI to present a united front to deal with govt regulationsThe other companies that have joined as members are SME lending players Indifi Technologies, Rubique, KapitalTech, personal loan enablers F...
- NeoGrowth gets Rs 108 crore funding from IIFL Wealth Management’s Seed Venture FundThe development comes as investor interest in non-banking finance companies (NBFCs) has increased, especially those lending to small mercha...
- IFMR Investments launches long term multi asset fund of Rs 250 croreIFMR Investments has launched a debt fund of Rs.250 crore dedicated to provide working capital for financial inclusion enterprises in India.
- Neogrowth Credit gets Rs 15 crore in round 3 fundingNeoGrowth Credit, a Mumbai-based financial technology company, has raised RS 15 crore from Frontier Investments Group.
- Khosla Impact invests undisclosed amount in NeoGrowth"We entered the online lending space recently. We plan to commit significant investment to building this aspect of our business,"
- Risk capital firms now backing small business lenders in hope to recreate successFinance companies that provide loans to small businesses are grabbing the attention of risk capital investors.
- Europe’s card services company to buy Venture Infotek for $100 millionThis will be the largest deal in the payment space, bigger than KKR’s acquisition of ICICI Bank’s merchant acquiring business.
- Usage of credit cards on the rise againCredit card use - a strong indicator of consumer confidence - is on the rebound, touching a 15-month high in May.
- Credit card transactions fall 40 per cent on bandh dayCredit card transactions across the country were 40% lower than average on Monday because of the strike. Also, a study of the trend shows t...
- Govt brews global branding plans for tea industryGovt ropes in industry hotshots Aditya Khaitan, Sangeeta Talwar, Sanjiv Chatterjee & Bharat Arya to formulate strategy.
- US firm Discover ties up with Venture InfotekAmerica’s fourth-largest credit card company, Discover Financial Services, which also provides electronic payment services in competition t...
- Debit card usage rising faster than credit cardsPayment by debit cards in India is rising at a faster clip compared to spendings through credit cards.
- Wanna pay your bill? Send an SMSAll major banks are entering into tie-ups with cos, facilitating payments through the mobile phone.
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