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FINTECH CREDENC
In investing, as in life, quality never goes out of styleIn investing, prioritizing quality companies with strong financials and consistent earnings is crucial for long-term success, mirroring our...
India-UAE: A bilateral relation with multilateral dimensionsEnergy, food security, and defence could very well be the focus areas when Prime Minister Narendra Modi touches down in Abu Dhabi for a day...
Dream11’s Harsh Jain is IAMAI’s new chairperson; Rishad Premji took 50% salary cut in FY23Dream11’s Harsh Jain was elected as the chairperson of the Internet and Mobile Association of India (IAMAI) amid an ongoing tussle between ...
ONDC vs Zomato, Swiggy; WestBridge closes in on Milky Mist fundingHappy Monday. We are kicking off the week with a packed edition of ETtech Morning Dispatch. You can’t have missed all those social media po...
Exclusive: India mulls new valuation norms for angel tax; Amazon, Samara eye stake sale in More RetailIndia is considering using valuation criterion established by the Foreign Exchange Management Act (FEMA) for angel tax on foreign investmen...
American university dream seems farther for study abroad aspirants as rupee tumbles to a record lowWhile financial institutions feel the concerns are genuine and the requirement for higher amount of education loans will go up, study abroa...
Y Combinator-backed Invoid joins Credenc, a Capital India company to build Neobank for studentsFounded by Sarthak Goel and Kunwar Raj Sethi, Invoid simplifies customer onboarding and digital KYC through its technology product. The com...
D2C brands make hay; Razorpay eyes $6 billion valuationD2C brands have been on fire since the pandemic forced shops and malls around the world to shut down early last year.
Overseas education loan queries see a jumpRecently, there has been a surge in the number of queries for overseas student loans in the country. As schools and colleges open up again,...
Stocks in the news: Bajaj Finance, HCL Tech, Bata, ACC and NAM IndiaBajaj Finance, Asian Paints, ICICI Pru Life, Syngene International, ICICI Securities, Crisil, DCM Shriram and Shyam Metalics will announce ...
Capital India infuses Rs 187 cr in education fintech Credenc"With Credenc, CIFL intends to change the segment perception and reduce underwriting risk basis Credenc's future employability score, which...
CIFL infuses $25 million in debt, equity into education loan-focused CredencThe statement, however, did not specify the split between debt and equity in the USD 25 million investment as also the current size of Cred...
Jhunjhunwala, top funds hold this stock. Yet, it goes abegging below book valueAt Rs 87 apiece on Tuesday, the stock traded at 1.08 times book value compared with 5.39 times for bigger peer Kotak Mahindra Bank, 4.08 ti...
ETtech Deals Digest: Teachmint, Hwy Haul raise funds this weekThe Indian startup ecosystem saw fewer funding deals this week than the previous one
MFs waiting for a fall to buy stocks increase exposure to Nifty futuresOnly two schemes out of 32 in the large-cap category have outperformed their benchmarks.
MFs waiting for a fall to buy stocks increase exposure to Nifty futuresSchemes such as ICICI Prudential Value Discovery, Axis Multicap, Axis Bluechip, ICICI Prudential Bluechip Fund, Kotak Standard Multicap and...
Unicorn tag may be a trap for startupsHigh-profile troubles at LendingClub, which debuted at a hefty $5.4 billion valuation in late 2015 but has since sunk to $2.1 billion, have...