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Annapurna Finance raises $15 mn from French institution Proparco

Finance

24 June, 2022

Annapurna Finance raises $15 mn from French institution Proparco

Odisha-based microfinance institution Annapurna Finance on Friday said it has secured $15 million (Rs 115.5 crore) as a part of...

Indices end higher as volatility continues, Nifty up nearly 1%

Finance

23 June, 2022

Indices end higher as volatility continues, Nifty up nearly 1%

Markets bucked a broader downturn on Thursday as weak metal and oil prices drove beaten-down automakers to their best day ......

Explainer: Why RBI is not okay with fintech PPIs' credit lines from non-banks

Finance

23 June, 2022

Explainer: Why RBI is not okay with fintech PPIs' credit lines from non-banks

On Monday, the Reserve Bank of India said prepaid payment instruments (PPIs) must not be loaded through credit lines from ......

Kedaara Capital-backed Spandana Sphoorty makes peace with founder Padamaja Reddy

Finance

23 June, 2022

Kedaara Capital-backed Spandana Sphoorty makes peace with founder Padamaja Reddy

Spandana Sphoorty has resolved all differences with founder and managing director Padmaja Reddy by an in-principal agreement,...

Cashify raises $90 mn from NewQuest, Prosus and others

Finance

23 June, 2022

Cashify raises $90 mn from NewQuest, Prosus and others

Online used-phone seller Cashify has raised $90 million (₹702 crore) in its Series E funding round led by new investors ......

Bears back in control after minor recovery yesterday, metal stocks sink again

Finance

22 June, 2022

Bears back in control after minor recovery yesterday, metal stocks sink again

Markets closed more than 1% lower on Wednesday, with bond yields at their weakest in over three weeks, as global ......

RBI extends deadline for select provisions to implement new card rules

Finance

22 June, 2022

RBI extends deadline for select provisions to implement new card rules

The Reserve Bank of India (RBI) on Tuesday extended, by three months, the deadline to implement three provisions as part ......

NSDL initiates talks with investment banks for IPO

Finance

22 June, 2022

NSDL initiates talks with investment banks for IPO

National Securities Depository Ltd (NSDL), India’s first and biggest depository services company, has initiated talks with...

Startup economy can generate 100 million new jobs in India: Rajan Anandan

TMT

21 June, 2022

Startup economy can generate 100 million new jobs in India: Rajan Anandan

India’s burgeoning startup economy has generated lakhs of jobs. Rajan Anandan, managing director of Sequoia India &...

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Kiran Mazumdar-Shaw on why VCs will not invest big time in biotech and more

Healthcare

21 June, 2022

Kiran Mazumdar-Shaw on why VCs will not invest big time in biotech and more

Earlier today, Immuneel Therapeutics Pvt Ltd, co-founded by Biocon founder Kiran Mazumdar-Shaw, raised Series A funding from private...

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