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EV funding slows down; cloud kitchens chart a comebackFunding for India’s EV sector has nearly halved between 2022 and 2024. This and more in today’s ETtech Top 5.- ET World Leaders Forum; PayU’s consumer payments pushHappy Monday! Top startup and tech leaders at the Economic Times World Leaders Forum said India is poised to become the hub of tech innovat...
- India Inc should support startups: Zomato CEO; Capillary’s fundingZomato CEO Deepinder Goyal said established businesses in India should nurture startups, but without the intention of owning them. This and...
- Key takeaways for fintechs from RBI policy meet; ETtech Deals DigestThe Reserve Bank of India has raised payment limits for UPI transactions in hospitals and educational institutions, among a clutch of other...
- Exclusive: Top-deck changes at PayU; SMEs tap homegrown apps for advertisingWe have a Friday AM scoop today on big changes underway at Prosus-owned online payments major PayU. This and more in today’s ETtech Morning...
- Apple pulls predatory lending apps from India App StoreApple has removed several predatory lending apps from the App Store in India, after users took to social media and complained about them.
- PhonePe calls off deal to acquire ZestMoney; Unacademy to slash 12% of workforceIn the end, it was much ado about nothing. After months of back and forth and oohs and aahs, PhonePe, one of India’s leading fintechs and t...
- Google unveils Bard, Baidu announces Ernie in AI chatbot battle; Paytm up 20% as investors repose confidenceIt’s been barely three months since OpenAI’s chatbot ChatGPT went live, and we already have Big Tech firms throwing their hat in the ring t...
- More cost cuts at Indian startups as funding plummets; LazyPay, Kissht hit by Govt app banFaced with a severe fund crunch, big and small startups are now shedding non-core businesses as part of further steps to cut costs. While i...
- Former Nykaa CFO Arvind Agarwal to take over as chief financial officer of PayU IndiaConfirming the development, a PayU spokesperson said: “We are excited to welcome Arvind to our leadership team at this opportune time with ...
- Swiggy, PayU seeing strong growth, says Prosus; Sebi move jolts fund industryProsus, the Dutch-listed arm of South African technology investor Naspers, said on Wednesday that Swiggy and PayU, its food-delivery and pa...
- More trouble for card fintechs; VC funds bullish on EVs & Semafor’s India launchUnder the new rules, all loan disbursals and repayments should be executed between the bank account of the borrower and the regulated entit...
- The fallout from China’s tech-tonic shiftTop executives, startup founders and CEOs of Indian internet firms including Flipkart, Paytm, Oyo Hotels & Homes, Ola, Zomato, Swiggy, Make...
- FPL Technologies set to be newest fintech unicornFounded in 2019, FPL Technologies operates digital credit score platform, OneScore, and has a total of 10 million registered users utilisin...
- LazyPay stops buy-now-pay-later payment product amid PPI concernsLazyPlus UPI had stopped onboarding new users last year as banking partners pulled out of the arrangement.
- TikTok takeoverOriginally launched as a short-form video sharing platform for lip-syncing and dancing videos, TikTok has grown into a full-fledged video s...
- LazyPay updates terms to comply with RBI orderThe buy-now-pay-later (BNPL) service asked customers in a message on Thursday to accept the terms, failing which all transactions would be ...
- WhatsApp Pay gets UPI boost; tough times for roll-up ecommerceThat could all change soon, though, as NPCI – which runs UPI – has now allowed WhatsApp Pay to increase its user limit from 40 million to 1...
- The rise of BNPL amid regulatory ambiguityWith the growing number of 'buy now, pay later' transactions comes the regulatory scrutiny from the Reserve Bank of India.
- ETtech Bytes on 14 Jan. 2021: Top 5 Tech News Today, In 10 MinutesFrom Google’s action against lending apps in India to UBS AG's plan to pick up $400 million stake in Paytm, here are the top-five, must-rea...
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