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FINTECH FLOODGATES
Crypto custody startup BitGo confidentially files for US IPOBitGo's announcement follows the crypto sector's market value hitting $4 trillion last week, driven by a wave of corporate treasury adoptio...- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- View: The Indian banks' tech you love is a banana peel for RBI battling potential scamsThe Indian financial system, recovering from a history of bad loans, faces new challenges as banks grapple with technology pitfalls. Kotak ...
- Paytm bank RBI Ban: Indian fintech is fast, furious — and fraudulent?The Reserve Bank of India has taken regulatory action against Paytm and Visa Inc., and more nonbank intermediaries may be targeted. The gro...
- Cred hires Sujay Das to head risk for in-house NBFC Newtap FinanceSujay Das, who spent more than 12 years at HSBC Bank and then was with Bajaj Finance, heading its analytics team, had joined Bengaluru-base...
- Kunal Shah’s Newtap Technologies in talks to raise $50-70 million to push lending businessShah has discussed shoring up the funds from Cred’s existing investors including Sequoia Capital and Singapore’s sovereign fund GIC, which ...
- Why Zomato can’t keep ordering and drink its own Kool Aid?The lodestar among home-grown unicorns that was the first to raise money from public markets last year is today unloved and underperforming.
- Struggling with debt? Here is how individual insolvency works in IndiaThe pandemic has made several people prone to debt traps with revolving credit card bills and easy personal loans taken from fintech compan...
- Can’t throw money at problems when building a business, says Freshworks founder Girish Mathrubootham“There are funds that have raised a lot of money and India's seeing a lot of high-quality startups,” he said. “Early-stage valuations in In...
- FII flows not very relevant for indicating market direction: Devina Mehra“Right from 1993 when FIIs started coming in, the period between 1994 and 2002-3 was about the worst performing patch Indian market had. Th...
- Unraveling of Reliance Capital shows why RBI hates big business in bankingThe unraveling of Reliance Capital Ltd. shows why the Reserve Bank of India remains reluctant to allow big business groups into mom-and-pop...
- Fireworks start in job market ahead of DiwaliJob openings are at a new high and the competition for talent - especially those in technology - is at a level not seen in many years, more...
- What is keeping the stock market high despite the growing pessimism?
- A wise move? London listing may open fintech floodgates"London has the potential to be a global fintech centre, and someone like Wise listing on the stock markets gives other companies options,"...
- From being a purely mutual fund play, we have become a true blue AMC: Sundeep SikkaFrom the quality point of view, we are in a far stronger position than we were ever before, says Nippon Life India AM CEO
- CXOs in demand as economy picks upCXO search mandates have seen a spike of up to 20-25% compared with this quarter last year, as hiring rebounds and pent-up demand is unleas...
- Deal frenzy and young startupsHere's a look at the top tech news to start your day.
- There’s a need to technologically enhance invoice discounting in IndiaAs part of a wide range of industries, invoice discounting accelerates payment against approved bills by agreeing for a cash discount direc...
- Startups build on Artificial Intelligence, save costs and drive efficiencyIn India, a number of tech startups are turning to artificial intelligence to build tools that can cut costs and drive efficiency for busin...
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