Tata Group Mulls Additional $1 Bn Investment In Tata Neu
With an eye on bolstering its digital arm, conglomerate Tata Group is reportedly mulling an additional investment of $1 Bn. The potential $1 Bn funding is expected. Know more
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Paytm’s Loss Narrows 49% YoY To INR 292 Cr In Q2
Increase in merchant subscription revenue, steady GMV growth, and rise in loan disbursements helped Paytm narrow its loss 18.6% sequentially The Vijay Shekhar Sharma-led startup saw an over 31% jump in its operating revenue to INR 2,518.6 Cr in Q2 from INR 1,914 Cr in the year-ago period Paytm’s share-based payments grew 4% to INR…
AI startup Imbue gets $12 million in follow-on funding
AI startup Imbue secured an additional $12 million in follow-on funding to its Series B round, bringing its total raised to over $210 million in cash. Know more
Can SEBI Clear The Murky Waters Of Finfluencers In India?
The rise of finfluencers in India has exposed financial deception. SEBI’s crackdown on a few highlights the need for regulation and increased financial literacy. Know more
Government Ramps Up Actions Against Illegal Offshore Betting Services
The Indian government intensifies its crackdown on illegal offshore betting services, uncovering 114 illicit platforms. They’re exploring stricter regulations, including UPI payment controls. Know more
Festive Season Mania: Flipkart Sees Record 1.4 Bn Visits During Big Billion Days Sale
Transacting sellers saw a 2.5X increase in their business, compared to the pre-festive period Flipkart’s Kirana partners delivered over 4 Mn packages in the first four days of TBBD’23 Flipkart saw a 4X surge in engagement for new in-app features like Flippi, Vibes and SPOYL know more
iHUB Divyasampark participated in TIPS 3.0
iHUB Divyasampark showcased defence products in TIPS 3.0 organized by India DST (Department of Science and Technology) and hosted at Indian Institute of Technology, Kanpur . .Know more
Neobank Zolve Secures $100 Mn Debt To Offer Credit Products To Migrants In US
Zolve, a cross-border neobank, has secured $100 million in warehouse debt from Community Investment Management. Know more
Zerodha’s Nikhil Kamath Launches WTF Fund For Entrepreneurs Under 22
Zerodha co-founder Nikhil Kamath has introduced the WTF Fund, aimed at entrepreneurs under 22 in the beauty, home, fashion, and lifestyle sectors. Eligible candidates can apply until October 16, 2023 Know more