Tencent
TMT
Tencent-backed Khatabook trims workforce
Fintech startup Khatabook, which counts Peak XV, Tencent and Alkeon Capital among its backers, has joined the long list of ......
TMT
Bottomline: Stashfin turns a corner as loan book jumps but slippages begin to show
Neobanking startup Stashfin swung to a consolidated profit for the year ended March 31, 2023, managing the feat at a ......
TMT
Spotlight: Practo may be solving its monetisation problem despite e-pharmacy setback
Practo, one of the earliest entrants in the health-tech sector, may have fallen behind its peers in the race to ......
Others
Lower contribution from Tencent drags Prosus' last year's profit
Technology investor Prosus on Wednesday said its profit dropped significantly last year due to impairments and lower contributions from its ......
TMT
Byju's plans to take Aakash public next year
Edtech decacorn Byju’s is planning to take its wholly-owned test prep unit Aakash Educational Services Ltd public by mid-next year. Byju’s, ......
Finance
RBI's ban on SBM Bank's forex transactions hurts fintech firms
Wealthtech startups Vested Finance and IndMoney have been impacted after the Reserve Bank of India (RBI) had barred SBM Bank ......
TMT
PhonePe investors paid Rs 8,000 cr in taxes to make India its home
Making India its home has proved to be expensive and "shocking" for the investors of digital payments company PhonePe who ......
TMT
In FY22, South Africa's Prosus Ventures mostly invested in India
In FY22, Prosus Ventures invested a total of $900 million. Out of this, $800 million was invested in India, the ......
Consumer
Tencent buys stake worth $264 mn in Flipkart from Binny Bansal
Chinese technology conglomerate Tencent has bought stake worth $264 million (about Rs 2,060 crore) in Flipkart from its co-founder Binny ......
TMT
China's Tencent in talks to join ShareChat's fundraising round
China’s Tencent Holdings is in talks to join the ongoing funding round of ShareChat, two people aware of the development ......
