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FINTECH ACQUISITION IN INDIA
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins endTop global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shi...- Turtlemint Fintech sets IPO price band at Rs 144-152 for Rs 883 crore offer. Know GMP, other key detailsInsurtech firm Turtlemint Fintech Solutions is launching its Rs 883 crore IPO on June 19, with a price band of Rs 144-152 per share. The is...
- Zerodha restarts referral programme; Nithin Kamath says over half of growth came through word of mouthZerodha has relaunched its referral program after receiving regulatory clarity, a move founder Nithin Kamath highlighted as a significant g...
- The next big money game is here. Everyone wants a seat at the tableIndia's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in...
- OpenDoor India operations closure: Who is Kaz Nejatian, CEO of US real estate tech firm who fired 250 employees?OpenDoor India operations shutdown: Opendoor CEO Kaz Nejatian confirmed the shutdown of the company's India operations, impacting approxima...
- Zepto’s $1 billion IPO; Navi eyes fresh fundsHappy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech...
- Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
- Fintech WeRize raises $7 million led by Sony Innovation FundBengaluru-based fintech WeRize has secured $7 million in a funding round led by Sony Innovation Fund. The capital will bolster its AI and t...
- RBI’s Swaminathan warns banks on rising risks beyond balance sheetsIndian banks face a new era of resilience. RBI Deputy Governor Swaminathan J highlighted the need to manage complex uncertainties from geop...
- 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. ...
- MUFG’s new India fund; District goes sportingHappy Tuesday! Japan’s MUFG is doubling down on India just as a new wave of investors moves into the country’s startup market. This and mor...
- Eternal's District ramps up sports push, eyes acquisitionsEternal's District platform is expanding into India's booming sports market, moving beyond ticketing to venue bookings and brand partnershi...
- Decentro secures final payment service provider licence at GIFT CityWith this, Decentro has become the first Indian payment aggregator to secure the approval. With the licence, Decentro has established an en...
- HC ruling on Google keyword ads likely to reshape e-advertisingA Delhi High Court ruling has stopped Google from auctioning trademarked names as ad keywords. This decision impacts how companies advertis...
- 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...
- Fuelled by lending boom, DPDzero bets big on AI-led debt recoveryAs India’s unsecured lending boom accelerates, collections are emerging as the next major battleground for fintechs and lenders.
- 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...
- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- Gujarat’s GIFT City boom draws Incuspaze into 60,000 sq ft office expansion dealFlexible workspace provider Incuspaze has leased 60,000 sq ft at Million Minds Tech City in the Ahmedabad-GIFT City corridor, expanding its...
- Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
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