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ED FINTECH SECTOR
Stock, mutual fund investing from Tier-2, 3 cities grows fast, but limited awareness, advisory gaps remain key concernsEven as individuals from Tier-2/3 cities and beyond are rapidly embracing the world of stocks and mutual funds, gaps in advisory and awaren...
CBI registers FIR in Rs 550 crore IDFC bank embezzlement caseThe CBI has taken over a major investigation into the alleged embezzlement of Rs 550 crore from Haryana government accounts. Funds were rep...
Tata’s big Pegatron deal; Everstone acquires WingifyTata acquires a controlling stake in Pegatron Technology India. This and more in today’s ETtech Top 5.
ED crackdown on betting app; Policybazaar stock swingAhead of its much-anticipated IPO, Swiggy shares have seen a 40% surge in the unlisted market since July. This and more in today’s ETtech T...
Invest4Edu raises $3 mn in seed funding from family officesInvest4Edu, a platform for education planning and investment services, has raised $3 million in seed funding from family offices. The funds...
Fintech sector will dominate future Unicorns at USD 58 billion: Hurun reportThe total worth of India's future unicorns will stand at USD 58 billion, an increase of 1.2 per cent as compared to last year. Fintech sect...
Paytm’s forex woes: Understanding the role of fintechs in cross-border paymentsThe Directorate of Enforcement (ED) is probing Paytm regarding forex violations by some of its merchants. In its response, Paytm has said i...
Visa, Mastercard stop business payments via commercial cards post RBI instructionsIndustry sources indicate that flow of money through commercial card route towards non-KYC-ed merchants is something that irked the regulat...
RBI fintech department gets a new boss in P VasudevanAjay Kumar Choudhary, who was the previous executive director in charge of the fintech department has retired, said a senior banker in the ...
TimesPro launches Banking Pro for job aspirants to make a foray in BFSI industry!
Razorpay sets up new independent advisory boardDigital payments provider ropes in former deputy governor of the Reserve Bank of India N Vishwanathan
ED freezes Rs 46.67 crore in Paytm, Razorpay, Cashfree accountsHPZ Token & other dubious cos, some with China links, may have misused weak KYC compliance at gateways
Early-stage VC firm Multiply Ventures raises Rs 260 croreMost of the investors in the fund are Indian family offices and digital-first entrepreneurs. Around 95% of the investors are from India, it...
Financepeer bags $31 million in funding from QED, Aavishkaar CapitalThe company had raised $3 million in 2020 from MS Fincap, Danube, Aar Em Ventures, Angelbay Holdings, JITO Angel Network, and HEM Angels.
ET Startup Awards 2021: Nominees for Midas TouchThe award will recognise the most lucrative exit in the year. The decision will be made based on the volume of deals as well as the size of...
Former Infosys chief appointed as chairperson of RBI's newly set up Innovation HubFormer Infosys chairman and co-founder, Senapathy Gopalakrishnan, has been appointed as the first chairperson of the Reserve Bank Innovatio...
BoB eyes Rs 4,000 crore gains from fintech by FY20The bank expects to close FY19 with a fintech business turnover of Rs 1,200 crore.