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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 ...- A foreign degree at zero cost? These scholarship strategies can turn your dream of overseas education into fully funded studySecuring prestigious scholarships for studying abroad requires more than just academic merit; it demands years of dedicated groundwork and ...
- Proptech startup Helium raise Rs 5 crore from Kunal Shah, Albinder Dhindsa, othersThe startup will use the fresh funds for product development and marketing. The tech-led real estate rental management startup leases homes...
- Co-branded cards squeeze; Slice’s valuation resetHappy Wednesday! Global economic challenges are casting dark clouds over the Indian consumer lending business. This and more in today’s ETt...
- West Asia conflict fears could harden credit card underwriting, curb co-branded card growthIndian banks are tightening credit card rules due to global economic worries and the West Asia war. Fintech firms expect stricter underwrit...
- Scoop: Credit card startup Uni eyes fresh funds at over 70% valuation cut amid RBI curbsBengaluru-based Uniorbit Technologies, the parent company of Uni Cards, has so far raised $104 million across multiple rounds from investor...
- Uni’s valuation cut; Howard Morgan on AI, venture investing, moreHappy Thursday! Fintech startup Uni is staring at a steep valuation cut as it looks to raise fresh capital amid regulatory headwinds. This ...
- Northern Uni and Space Kidz India to launch student-led satellite projectThis project will bring together students from both Northern Uni and Government schools in Jaffna, along with students from India, to joint...
- One Card founders and Uni Cards NBFC licence applications face roadblocks from RBIET has learnt that sellers need to apply to the central bank saying that they intend to transfer the licence to the acquirer’s name.
- Tata Cliq struggles as losses rise after exit from key categoriesIn the filings to the Registrar of Companies (RoC) made on July 25, Tata UniStore attributed the drop in turnover to the platform’s exit fr...
- Tata's first ecommerce platform struggles to click as losses rise after exit from key categoriesThe Tata Group is continuing to burn money on its first ecommerce platform, Tata Cliq. Tata UniStore, which owns and runs Tata Cliq, posted...
- Study-abroad startup ASL raises $5 million funding from CSVP Fund, othersThe company, founded in 2019, had previously raised $5 million in a round dubbed pre-series B, from Suresh Pareek, founder and managing dir...
- Tatas bring all ecommerce ventures under digital businessThe group last week increased the authorised share capital of Tata Digital by Rs 1,000 crore to Rs 21,000 crore and infused Rs 750 crore in...
- Tatas infuse Rs 1,600 crore capital into ecommerce business Tata CliqTata UniStore’s filings with the Registrar of Companies (RoC) shows the Rs 1600 capital infusion was approved by the company’s board on Nov...
- Fintech startup Uni temporarily stops servicing existing card usersThis comes after the company had stopped issuing new cards in June, after Reserve Bank of India’s (RBI’s) communication to industry stakeho...
- UniFarm collaborates with Router to transfer tokens across multiple chainsUnifarm has a grant from Router Protocol to use their SDK to build ‘Setu’ that comes as a part of a larger round with participation from va...
- Fintech startup Uni raises $70 million led by General CatalystExisting investors Lightspeed and Accel India also participated in this round, post which the startup is now valued at $350 million. The st...
- Cashify buys UniShop as it looks to expand both online and offlineCashify, which raised $15 million in Series D funding from private equity firm Olympus Capital’s clean energy and sustainability arm in Mar...
- Tatas plan to infuse Rs 3,500 crore in Tata CliqThis fiscal, till now, Tata UniStore has raised only Rs 30 crore from its parent last April against Rs 311 crore in FY20, Rs 292 crore in F...
- Uni gets $18.5 million from Lightspeed, Accel PartnersThe large seed round marks the latest example of a second- or third-time entrepreneur raising substantial capital while still in stealth mo...
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