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Stay updated with the latest financial news, funding developments, government policies, and insights shaping the finance sector in India.

Investors press sell button amid rate hike fears, geopolitical tensions

Finance

22 August, 2022

Investors press sell button amid rate hike fears, geopolitical tensions

Indian benchmarks Nifty and Sensex fell a percent and a half each as investors booked profits from four-month highs amid......

Indices start the week on lower note, Nifty slips 1%

Finance

22 August, 2022

Indices start the week on lower note, Nifty slips 1%

Indian shares fell on Monday, dragged down by financials, as a recent runup in valuations prompted investors to lock in ......

Surge announces 7th cohort with 15 Indian, Southeast Asian startups

Finance

22 August, 2022

Surge announces 7th cohort with 15 Indian, Southeast Asian startups

Surge, the Sequoia Capital India and Southeast Asia’s rapid-scale up programme, has announced the launch of its ......

PharmEasy's parent firm withdraws IPO papers, plans to raise funds via rights issue

Finance

21 August, 2022

PharmEasy's parent firm withdraws IPO papers, plans to raise funds via rights issue

PharmEasy’s parent company, API Holdings Ltd, has withdrawn the draft red herring prospectus (DRHP) it filed with the ......

Paytm says will achieve profitability by September 2023, denies international expansion

Finance

19 August, 2022

Paytm says will achieve profitability by September 2023, denies international expansion

Financial services conglomerate Paytm has no plans to expand internationally or make any acquisitions, the company management told shareholders...

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Deals Digest: Companies raise $201 mn this week; Shiprocket turns unicorn

Finance

19 August, 2022

Deals Digest: Companies raise $201 mn this week; Shiprocket turns unicorn

The venture capital (VC) and private equity (PE) investments dropped this week with companies raising $201 million, a ......

Edtech company Sunstone bags $35 million in Series C

Finance

19 August, 2022

Edtech company Sunstone bags $35 million in Series C

Edtech startup Sunstone Education Technology Pvt. Ltd, on Friday announced it has raised $35 million in its Series C ......

Indices flat in early trade but set for weekly gain

Finance

19 August, 2022

Indices flat in early trade but set for weekly gain

Indian shares were on track for their fifth consecutive weekly gain on Friday in volatile trade, even as analysts ......

SEBI waives need for ‘Indian connect' for VC/PE funds' overseas investments

Finance

18 August, 2022

SEBI waives need for ‘Indian connect' for VC/PE funds' overseas investments

The Securities Exchange Board of India (SEBI) has relaxed two norms governing overseas investments of Indian private ......

Fintech profitability doubtful in next 2-3 years: report

Finance

18 August, 2022

Fintech profitability doubtful in next 2-3 years: report

More than 70% of respondents believe most fintech companies may not be profitable in the next 2-3 years, owing to ......

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