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RS clears Online Gaming Bill; Bike taxis back in BengaluruThe contentious Online Gaming Bill was passed by the Rajya Sabha on Thursday, now awaiting the President’s assent. This and more in today’s...
Licious narrows FY24 net loss by 44%, revenue down 8% to Rs 685 croreBengaluru-based Licious attributed the revenue drop to the closure of distribution channels, especially Dunzo, along with a reduction in ex...
Zerodha to end zero-brokerage model; Unacademy lays off 250 employeesOnline stock broker Zerodha will likely discontinue its zero-brokerage structure due to new Sebi rules. More on this in today’s ETtech Top ...
Zomato-Paytm ticketing deal; Oyo’s Rs 1,000-crore fundingZomato is looking to strengthen its ‘going-out’ business with the acquisition of Paytm’s ticket booking and events business. Details on thi...
Startups’ pink slip count falls to 10,000 amid funding bluesFiring in first half of 2024 lesser than H2, H1 of ’23, signalling a slight recovery. Ola Electric is in the final stages of laying off ove...
RBI scanner on gold loan startups; setback for P2P lending firmsHappy Wednesday! After the central bank's action on IIFL Finance, concerns have been raised over gold loan evaluation by fintechs and their...
Time for a reset: Paytm’s opportunity to get back to basics; and other top stories this weekThe stringent action by the Reserve Bank of India (RBI) against Paytm Payments Bank could have a positive fallout. It can actually push One...
Board exits at Paytm bank; Mamaearth’s Q3 profit up 265%Shinjini Kumar, a former Bank of America and PricewaterhouseCoopers (PwC) executive, resigned from the payments bank’s board in December, w...
Licious lays off 80 employees as part of 'operational reset'The impacted employees are being offered two months’ salaries as compensation, along with the variable payment for FY24, it added in a stat...
The Pai-and-Kamath way to startup investing; and other top tech stories this weekBluestone is only the latest in the list of investments by Pai and Kamath, but this marks the growing pace at which they are signing new ch...
Dunzo holds talks with debt investors to rejig credit termsDunzo’s efforts come at a time when it has simultaneously been looking to arrange new capital from both existing and new investors. In June...
Dunzo asks rainmaker Reliance for more monies; OneCard, WintWealth apply for NBFC licencesA week after ET reported that Dunzo may lay off more employees after the April carnage when it cut 300 jobs, more bad news is coming. The q...
Smear campaigns rife on Twitter; Byju’s defers Aakash deal paymentsBut Meesho isn’t the only company that has been the target of a Twitter smear campaign in recent months – Easemytrip and even Sequoia have ...
Paytm Payments Bank denies it leaked data to China; Trell to lay off hundreds of employeesBloomberg reported that the RBI acted against Paytm Payments Bank as it had allegedly leaked data to entities in China. The company has ref...
Believe it or not, dozens of startups are hiring amid all the gloomBankBazaar, online marketplace for rates on loans, credit cards and other personal finance products, has announced plans to hire 400 worker...