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LenDenClub to invest in six fintech startups under incubator program

TMT

31 January, 2023

LenDenClub to invest in six fintech startups under incubator program

Peer-to-peer (P2P) lending platform, LenDenClub’s corporate venture capital arm has onboarded six fintech firms on its startup incubator, Bharat FinTech ......

Amazon brings the curtains down on Junglee.com, finally

TMT

09 November, 2017

Amazon brings the curtains down on Junglee.com, finally

US-based online retailer Amazon.com Inc. has downed the shutters on Junglee.com, the website at the forefront of an initiative to ......

RBI's P2P lending norms: A step backward or forward?

Finance

23 October, 2017

RBI's P2P lending norms: A step backward or forward?

Just when peer-to-peer lending in India was gaining traction, the Reserve Bank of India’s directions to govern the workings of ......

RBI directive on treating P2P lenders as NBFCs needs clarity

Finance

04 October, 2017

RBI directive on treating P2P lenders as NBFCs needs clarity

The Reserve Bank of India (RBI) recently notified that non-banking institutions operating as peer-to-peer (P2P) lending platforms are to be ......

How Amazon's $250-mn bet Junglee became a mere test bed

TMT

27 April, 2017

How Amazon's $250-mn bet Junglee became a mere test bed

Almost two decades ago, when online retailer Amazon.com, Inc. reportedly made a $250-million bet on Junglee Corp.—a company founded by ......

RBI proposes rules to regulate P2P lending

General

28 April, 2016

RBI proposes rules to regulate P2P lending

The Reserve Bank of India on Wednesday proposed to define peer-to-peer lending ventures as non-banking finance companies and prescribed minimum ......