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Infibeam Avenues buys contactless tech startup, Season Two Ventures marks exit

Finance

Infibeam Avenues buys contactless tech startup, Season Two Ventures marks exit

Infibeam Avenues Ltd, the parent of payment gateway CCAvenue, has acquired contactless technology ...

Visa complains to U.S. govt about India backing for local rival RuPay - Reuters exclusive

Economy

Visa complains to U.S. govt about India backing for local rival RuPay - Reuters exclusive

Visa Inc has complained to the U.S. government that India's "informal and formal" promotion of ...

Premium
BillDesk founders, investors chart big gains from $4.7 Bn sale

Finance

BillDesk founders, investors chart big gains from $4.7 Bn sale

M N Srinivasu, Ajay Kaushal and Karthik Ganapathy were colleagues at consulting firm Arthur Andersen...

Grapevine: ChrysCap to invest in Corona Remedies; Plum Insurance to raise funding

General

Grapevine: ChrysCap to invest in Corona Remedies; Plum Insurance to raise funding

Homegrown private equity fund ChrysCapital is looking to grab a 30% stake in drug manufacturer ...

Accion Venture Lab raising new fintech-focussed fund

Finance

Accion Venture Lab raising new fintech-focussed fund

Seed-stage impact investor Accion Venture Lab said on Wednesday it is raising a $33-million (Rs 238 ...

Visa, Japan's Recruit join B2B payments firm PayMate's Series D funding round

TMT

Visa, Japan's Recruit join B2B payments firm PayMate's Series D funding round

PayMate India Pvt. Ltd, a business-to-business (B2B) digital payments firm, has raised an ...

RBI says foreign firms can process transactions abroad, but must store data in India

Finance

RBI says foreign firms can process transactions abroad, but must store data in India

Foreign payment firms such as Mastercard and Visa can process transactions made in India outside of ...

US considers H-1B visa caps to deter India data storage rules

TMT

US considers H-1B visa caps to deter India data storage rules

The United States has told India it is considering caps on H-1B work visas for nations that force ...

RBI to review data storage rules that irked Visa, Mastercard

TMT

RBI to review data storage rules that irked Visa, Mastercard

The Reserve Bank of India (RBI) will look into concerns about data storage rules that have been ...

Foreign investors hope PM Modi dials back policy shocks after big election win

General

Foreign investors hope PM Modi dials back policy shocks after big election win

Foreign companies in India have welcomed Prime Minister Narendra Modi’s election victory for the ...