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Digital lenders should stick to businesses they are licensed to do, says RBI Governor Das

Finance

22 July, 2022

Digital lenders should stick to businesses they are licensed to do, says RBI Governor Das

Digital lenders should operate within the guardrails of regulatory guidelines and adhere to the specific licences granted to them,...

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Fintech Bright Money lays off 100 employees

Finance

22 July, 2022

Fintech Bright Money lays off 100 employees

Sequoia-backed fintech startup Bright Money has laid off close to 100 people or 50% of its workforce, according to a ......

Zomato, Swiggy likely to see a cut in business from Domino's

Consumer

22 July, 2022

Zomato, Swiggy likely to see a cut in business from Domino's

Domino's Pizza India franchise will consider taking some of its business away from food delivery apps, Zomato and SoftBank-backed...

Ankur Capital bets on agri-genomics platform Piatrika

TMT

21 July, 2022

Ankur Capital bets on agri-genomics platform Piatrika

Agrigenomics startup, Piatrika Biosystems, on Thursday said it has secured seed funding of $1.2 million (around Rs 9.36 crore)...

Crypto exchange KuCoin raises $10 mn from US investor Susquehanna

TMT

21 July, 2022

Crypto exchange KuCoin raises $10 mn from US investor Susquehanna

Global crypto exchange KuCoin has secured a strategic investment of $10 million (around Rs 80 crore) from quantitative trading...

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Jar raises extended Series A from new and existing investors

Finance

21 July, 2022

Jar raises extended Series A from new and existing investors

Jar, an engagement platform for savings and investments, has raised Rs 20.5 crore in an extended Series A funding round ......

PE, VC deals decline in terms of value for first half of 2022: report

TMT

21 July, 2022

PE, VC deals decline in terms of value for first half of 2022: report

India Inc recorded deals worth $25.1 billion in private equity and venture capital investments in the first six months of ......

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Fintech firm MyShubhLife to raise $40 mn from existing, new investors

Finance

21 July, 2022

Fintech firm MyShubhLife to raise $40 mn from existing, new investors

MyShubhLife (formerly Shubh Loans), backed by BeeNext and Omidyar Network, plans to raise $40 million (over Rs...

Indian lawmaker asks fraud regulator to probe Byju's finances

TMT

21 July, 2022

Indian lawmaker asks fraud regulator to probe Byju's finances

Member of Parliament Karti P Chidambaram, on Thursday said he has written to the India's fraud regulator to launch a ......

Inflection Point backs health food startup The Healthy Company

TMT

21 July, 2022

Inflection Point backs health food startup The Healthy Company

Nutritional food brand, The Healthy Company, on Thursday said it has secured undisclosed capital in a pre-Series A funding round,...

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