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 ...
14 Feb, 2024, 11.18 AM IST
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...
20 Nov, 2023, 09.29 PM IST
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...
18 Nov, 2023, 07.34 AM IST
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...
22 Oct, 2023, 10.13 AM IST
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...
21 Jun, 2023, 06.01 AM IST
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 ...
05 Jun, 2023, 06.00 PM IST
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...
14 Mar, 2023, 04.09 PM IST
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
20 Feb, 2023, 10.50 PM IST
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...
20 Feb, 2023, 07.13 PM IST
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...
27 Dec, 2022, 09.13 AM IST
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...
14 Jun, 2022, 12.51 PM IST
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.
17 Mar, 2022, 10.59 AM IST
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.
16 Mar, 2022, 11.11 PM IST
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...
28 Feb, 2022, 03.33 PM IST
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...
08 Feb, 2022, 08.52 PM IST
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...
17 Nov, 2021, 06.01 PM IST
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...
20 Jul, 2021, 10.14 AM IST