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Snapdeal cofounder Kunal Bahl says governance scandals have hurt trust in Indian startupsGovernance scandals have shaken India's startup ecosystem, eroding trust and prompting investors to demand stricter controls, said Snapdeal...- Ashneer Grover, BharatPe settle disputes; cut all tiesFintech startup BharatPe and cofounder Ashneer Grover have resolved their ongoing dispute. As part of the settlement, Grover will no longer...
- P2P lenders to stop liquid funds; and other top tech, startup stories this weekPeer-to-peer (P2P) lending platforms have decided to halt one of their most attractive products from March 31 following increased regulator...
- P2P companies go easy on partnership business as RBI sounds alertAccording to the founders of several of these lending platforms, given that the Reserve Bank of India is scrutinising the sector, they are ...
- Unity Bank to foray into credit card, personal loan bizUnity Small Finance Bank, owned by Centrum group, plans to diversify into retail lending by entering the credit card and personal loan spac...
- RBI’s brakes on lending largesse a timely move; and other top tech, startup stories this weekBack on October 6, the RBI Governor Shaktikanta Das spoke about the need for banks to tighten lending norms. Certain components of personal...
- Governance lapses, irregularities prompt LPs to drive changes in startup investmentsAn LP (an individual or an entity) is the money behind a VC or private equity fund. In the past 12-18 months, allegations of governance lap...
- Startup governance: Audits in focus amid financial irregularities at new-age venturesSome of the auditors have in recent weeks made presentations to venture capital funds showing how their previous audits unearthed financial...
- BharatPe appoints Kohinoor Biswas as head of its consumer lending business PostPeThis is the third major change at the top for the New Delhi-based fintech after its cofounders Ashneer Grover and Bhavik Koladiya left the ...
- Indian startups rush to withdraw funds from Silicon Valley Bank; top level exits at Infosys concerning, say analystsSome founders are opening GIFT Bank accounts so that the transfers can take place at the earliest. These firms are also exploring transferr...
- BharatPe Group appoints Aparna Kuppuswamy as its chief risk officerKuppuswamy will be leading the risk portfolio across the BharatPe group of companies, including the merchant and consumer businesses
- Uber inks pact with Tata Motors for supply of 25,000 EVs; Wipro cuts salary package offered to freshersRide-hailing company Uber has signed an agreement with Tata Motors to induct 25,000 electric vehicles (EVs) into its fleet. Uber will deplo...
- Rs 2.25 crore in 8 minutes! How Ashneer Grover minted money in Zomato IPO"Of course, I knew of Deepinder, and I am a big believer in his ability to persevere and keep building big. Fundamentally, with the pandemi...
- Sequoia Capital closes largest India and SEA dedicated fund at $2.85 billionThis is the first time that Sequoia has demarcated allocations separately for India and Southeast Asia (SEA), a geography where it has been...
- Exclusive: Tiger Global-backed unicorn Infra.Market faces tax probeIncome Tax authorities have raided offices of the company in several cities, including Noida, Hyderabad, Bengaluru, Pune and Mumbai.
- Tax trouble for Infra.Market; Walmart CEO bullish on PhonePeThe company faces an income tax investigation after officials raided its offices in many cities, sources told us.
- Indian IT firms wait and watch on Ukraine; SIAC rejects Ashneer Grover’s pleaAn estimated 50,000 tech workers and 200,000-odd tech freelancers in Ukraine could be affected by the crisis, according to research firm IS...
- Lawyer boards BharatPe; Livspace is 7th unicorn of 2022Ashneer Grover has already called current chief executive Suhail Sameer “spineless” and accused him of dancing to the board’s tunes. Now wi...
- Trifecta Capital raises Rs 750 crore in first close of third fundThe fundraising comes at a time when the domestic capital pool has expanded and is competing with global risk money to get a meaningful sha...
- BharatPe banks on engineersIn today's ETtech Morning Dispatch: Making sense of BharatPe's banking foray; Mastercard ban gives Visa all the power; Over 150,000 IT jobs...
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