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EDTECH AND FINTECH
Cred’s Kunal Shah is WhatsApp’s new CEOCred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. Th...- Byju's Aakash endgame; Startup deal street wakes upHappy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.
- SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...
- Diversity hiring jumps 21% despite slowdown in white-collar recruitment: founditWhite-collar hiring in India saw a slowdown in May 2026. However, diversity hiring experienced a substantial surge. This trend highlights a...
- Broader markets crash! Physicswallah, Coforge, other small & midcap stocks tumble up to 6%. Do you own?Indian smallcap and midcap stocks plummeted on Wednesday due to persistent FII selling, a weakening rupee, and global factors. IT stocks, w...
- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- ETtech Deals Digest: Startups raised $1.11 billion in May, up 37% on-yearIndian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 m...
- PhysicsWallah to infuse Rs 120 crore in its fintech arm FinZ FinanceThe company will subscribe to 26.7 million fully paid-up equity shares with a face value of Rs 10 each and a premium of Rs 35 per share, Ph...
- ETtech Deals Digest: Startups raise $122 million this week, down 5% on-yearThis week’s tally, however, was down 84% from the previous week when startups raised around $789.8 million, thanks to Rapido’s mega $730 mi...
- Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
- Is Canvas still hacked - what is a data breach? The shocking Canvas cyberattack timelineWhat really happened in the Canvas data breach? Hackers allegedly accessed 275 million student records, exposing education’s dangerous hidd...
- IPO investors brace for 83 lock-in expiries worth $55 billion in three months. Do you own any?IPO investors are bracing for a significant wave of lock-in expiries between May and August, with shares of 83 newly-listed companies value...
- Deep tech to drive India's Unicorn 2.0 wave: Infosys co-founder Kris GopalakrishnanIndia's next generation of major startups needs deep technology and advanced manufacturing. This shift is crucial for the nation's self-rel...
- Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
- Semiconductor design, AI to drive India’s next innovation wave: Founders Forum CEOFounders Forum CEO Carolyn Dawson highlights India's potential to become a global tech anchor by building connective tissue with innovation...
- 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...
- Byju's crisis plays up digital lenders’ asset quality problemA few months back the Reserve Bank of India had asked NBFCs about their exposure to the edtech sector, fearing that trouble may be brewing ...
- Blinc Invest marks the final close of its second fund at Rs 100 croreThrough Blinc Fund II, the venture capital fund plans to make five-seven investments of Rs 10-20 crore each.
- Just getting startedGrowth- and late-stage deals comprise around 85% of the total funding. Deals in all stages of funding showed growth in CY21 but growth- and...
- Surge in hiring expected as mobile tech, 5G fuel demand for skilled professionalsThe demand for professionals in mobile tech is estimated to double, and gaming, edtech and fintech are among the segments that are expected...
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