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SINGAPORE FINTECH FUNDING
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins endTop global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shi...- Former Paisabazaar CEO Naveen Kukreja eyes $9-million raise for new wealthtech betFormer Paisabazaar CEO Naveen Kukreja is reportedly seeking $9 million for his new wealthtech startup, aiming to build a platform for retai...
- PB Fintech sees Rs 665 crore block deal as founders pare stake; Goldman among other top funds buyPB Fintech founders Yashish Dahiya and Alok Bansal sold 38 lakh shares worth Rs 665 crore in a block deal. The shares were purchased by var...
- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
- Rocket dreams and unicorns: Investors bet on a long and high rideIndia's private space sector is experiencing a surge in global investment. Skyroot Aerospace has become the country's first space unicorn, ...
- India must leverage its digital verification architecture to evolve into a trust-based economyIndia faces a low-trust economy with high friction, exemplified by complex KYC norms. Finance Minister Nirmala Sitharaman highlighted this ...
- Upwind: A US cybersecurity co shares what's in demand now as wars move to the cloudUpwind, a US cloud security firm, is expanding into India and Asia-Pacific. Demand is rising from defense and government sectors due to cyb...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Kiwi cofounder Mohit Bedi steps down from executive role after four yearsIn a LinkedIn post on Saturday, Kiwi cofounder Mohit Bedi said he would shift focus to "personal and family” commitments while remaining cl...
- From Rs 20 chai transactions to Rs 285 lakh crore flows; UPI marks a decade of India's payments revolutionIn the last 10 years, UPI has registered a 12,000-fold surge in volume and over 4,000 times increase in value — that's 17.86 million transa...
- Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuationDigital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last pri...
- Future Wealth Investments launches $50M Venture FundThe fund aims for $50 million, with an option to reach $60 million. It will invest in early-stage companies, focusing on artificial intelli...
- Two Japanese banks set to start operations in GIFT City: IFSCA chiefTwo Japanese banks are poised to join the ranks of 10 foreign and 16 local banks already established in the tax-free GIFT City. This inform...
- SoftBank offloads 2.5% stake in PB Fintech for Rs 871 croreAs per the block deal data available on the National Stock Exchange (NSE), SVF India Holdings (Cayman) sold 30,97,576 shares and SVF Python...
- IFSCA to hand out grants to Indian fintechs from early next yearIFSCA Chief Technology Officer Joseph Joshy said Indian Fintechs have started applying for the IFSCA Fintech Incentive Scheme, 2022, which ...
- Why many Indians are moving to South East Asia to launch their venturesIndustry sources say 1 in 7 startups in South East Asia are started by Indians or Indian origin CEOs.
- What makes SE Asia a preferred destination for many ambitious IndiansAn insightful take on why many Indians are moving to SE Asia to launch their ventures.
- AP launches Rs 100 cr fund of funds to prop fintech startupsA global fintech competition with a high prize-money will be organised in October, while there will be monthly meet-ups where promising com...
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