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SYMBIOTIC ENTERPRISE
AI delivers bigger financial gains only when companies redesign workflows: McKinseyCompanies gain little by adding AI to existing processes. True benefits emerge after redesigning work around AI. Most organisations use AI ...
Namdev Finvest raises $37 million from FMO, IIX, othersJaipur-based Namdev Finvest Private Limited has secured $37 million from FMO, IIX, Franklin Templeton, and Symbiotics to expand its MSME le...
Budget 2024: What is a strategic sale? How is it different from disinvestment?Budget 2024: In the Interim Budget, Finance Minister Nirmala Sitharaman revised India's divestment target for FY24 to Rs 30,000 crore, down...
actyv.ai appoints Karan Dixit as Regional Vice President - BD, Sales and GTM (Middle East, Africa and Turkey)
Aye Finance, a non-bank lender to micro and small enterprises raised Rs 65 crore in external commercial borrowing from Symbiotics InvestmentsAye plans to use the proceeds of this capital raising for business expansion. The Gurgaon-headquartered lender with a loan book of Rs 1730 ...
Fintech lender Aye Finance appoints Mayank Thatte as CFOMayank Thatte’s last assignment was as CFO at Electronica Finance, and he has over 19 years of experience working with leading organisation...
New e-market platform launched to bridge gap between Indian farmers and UAE food industryThe marketplace allows the farmers to bypass intermediaries, optimising the supply chain and ensuring traceability to create value for all ...
Samunnati Financial raises Rs 33 crore via offshore bondsThis is the NBFC's fifth such off-shore debt issuance in the last seven months.
Samunnati raises Rs 33 crore from SymbioticsSince its launch in 2014, Samunnati has expanded to 14 states, focusing on 34 value chains and has so far disbursed over Rs 1600 crore wort...
EdgeVerve launches free automation platforms for studentsThis edition, free version of EdgeVerve’s flagship AssistEdge automation platform, is designed for robotic process automation (RPA) enthusi...
Aye Finance claims to have disbursed 60,000 loans to MSMEs"Having disbursed 60,000 loans amounting to over Rs 700 crore since then, Aye is now poised as a leader in the space of MSME lending,” said...
Walmart’s Krish Iyer says India most attractive marketDuring the session, Nisha Biswal, president, US, India Business Council, said India is a bright spot for the US owing to its rapid growth, ...
Smaaash acquires bluO Entertainment for Rs 86 croreSmaaash has entered into a definitive agreement with leading multiplex operator PVR and Major Cineplex Group of Thailand, which owned 51% a...
Even successful startups modelled on Western businesses: Can India innovate?According to the Patent Office, over 70% of the patents filed in the country are by MNCs. Indian companies and academia share the remaining...
Samta Express renamed for promoting RINL's Vizag SteelAs part of the exercise, the Samta Express has been renamed as Vizag Steel Samta Express.
Afghanistan says it will not allow 'proxy wars' on its soilGhani's predecessor Hamid Karzai also frequently accused Pakistan of trying to destabilise the Afghan government by providing safe havens t...
Barack Obama should care about creating jobs in Bangalore: NASSCOMTestifying before the USITC, Rao referred to the remarks made by Obama wherein he had referred to moving jobs from Bangalore to Buffalo.
Utkarsh Microfinance raises Rs 75.8 crore through NCDsUttar Pradesh-based Utkarsh Micro Finance has raised Rs 75.8 crore in debt funding from a consortium of financiers.
- IFC, KfW set up $1bn MFI fund
International Finance Corporation (IFC) and German development bank KfW have announced the Microfinance Initiative for Asia (MIFA) to commi...
- New frontiers for banks in IT
Technology in banking has evolved significantly from the days of back office automation to today’s online, centralised and integrated solut...