Binance accused WazirX of driving false narrative about it based on its use of Binance’s wallet services
A candid chat with PhonePe CEO and co-founder Sameer Nigam at the CNN News18 townhall. In a candid chat with Moneycontrol's Chandra R Srikanth, he spoke about Bengaluru's journey as a startup and tech destination and your own experiences as a founder who's made Bengaluru his home. Nigam also spoke about PhonePe's IPO plans in India and its banking ambitions, and why Bengaluru remains the startup capital of India despite competition from other cities.
Several industry players also say that the ban is more to do with the platforms that are hosting the app like Google Play and Aptoide.
Fintech startup founders weigh in possibilities of illegal cross border data sharing and cybersecurity threats
The round includes a $20 million equity round and a $5 million debt round for fleet expansion from global impact fund IIX and a large national bank.
Minister of Science and Technology Jitendra Singh said that exports in the space sector in FY 2021-22 stood at Rs 174.90 crore, while imports were at Rs 2,114 crore.
MeitY was designated as the nodal ministry for all online gaming related matters in December 2022.
Last October, Walmart-owned PhonePe announced that it completed the process of moving its domicile from Singapore to India.
The PhonePe cofounder said that the startup ecosystem has benefited because the IT doyens set up a “technology pathos” in the city.
“We want to go public here. We believe the market will reward us if we're doing well by citizens here,” Nigam said.
After the suborbital launch, which will help in validating in necessary technologies, Agnikul Cosmos will be getting ready for a full-scale commercial launch by April 2023.
The Ministry of Electronics and Information Technology (MeitY) has issued a directive to app stores to block more than 200 loan and betting apps.
Entropik is planning to use the funds raised towards bringing innovation in consumer research for global brands and for expanding their footprint across the US, Europe, and Asian markets.
The neobank founder says for businesses such as neobanks and lending platforms to succeed and grow, apart from traditional core business fundamentals, customer acquisition costs needs to be capped and strategised better
The MeitY has shared the RBI's list with app stores and requested them to ensure that only the apps figuring in the list are hosted on their app stores, the finance ministry said
SoftBank CFO says that the company is ready for three scenarios — linear early recovery, instability followed by recovery in H2 2023 which is based on the view of the majority of the unlisted market, and the worst case scenario of recovery after 2024
Along with online lending platforms like Kissht and PayU-backed LazyPay, Meity's ban list includes Kreditbee, Ola Avail Finance, and a few home loan and B2B lending apps.
The Reserve Bank of India is encouraging fintech companies to create innovative solutions for Central Bank Digital Currencies (CBDCs) that can be accessible to citizens without internet access.
In the previous quarter, SoftBank had seen profit for the first time in three quarters as the Japanese investment conglomerate sold a significant stake in its crown jewel Alibaba Group Holding
ChatGPT offers the chance to learn much faster and more efficiently than ever before, but it can also lower one’s ability to write independently, and may impact startup job prospects.
Fintech major aims to expand presence by over 2X to 1,000 cities and towns in the next 2-3 years, but profitably
The move came after a communication from the Ministry of Home Affairs.
Avinash Komireddy, Founder and CEO of Dataevolve, the start-up that designed the DigiYatra ecosystem, claims the facial recognition algorithm has a success rate of 99%
In an about-turn that no one saw coming, the government seems to have tightened the noose on foreign funding for startups even as the sector grapples with a funding crunch with no end in sight
Appoints three independent directors to board for the first time