Top news of the week: 23.02.2023.
Rivals snag users from top payment gateways hit by RBI freeze; RoC seeks MCA nod to examine GoMechanic’s books
Payment aggregator CCAvenue has seen an 18% jump in new merchant sign-ups in the October-December period, while merchant addition tripled in six months for Pine Labs Plural. The increase in ...
Fintech unicorns slip deeper into losses in FY22 as ad spending soars
The losses of five fintech unicornrs widened 1.2-5.5 times in FY 22 over FY 21, with PhonePe reporting the biggest loss of Rs 2,013 crore
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Flipkart in talks to acquire Bengaluru-based online pharmacy Pharmallama: Report
Flipkart reportedly may even acqui-hire healthtech startup Pharmallama, along with gaining access to technologies of the platform.
ChatGPT, Web 3, public blockchain will drive innovation in Indian insurance sector: IRDAI chairman Debasish Panda
IRDAI chairman Debasish Panda said insurance products will see more customisation at an individual level going forward
EdTech Company NxtWave Raises $33 Mn Led by Greater Pacific Capital (GPC)
Upskilling company, NxtWave, has raised US$33 million in its latest fundraising round, led by Greater Pacific Capital (GPC), a leading international p
Willful fraudsters will have their ways to hide things from Big 4 auditors, says Sequoia Capital’s Rajan Anandan
Sequoia Capital’s Rajan Anandan stated that the ecosystem should focus on startups much earlier in terms of governance practices that need to be put in place.
"Angel Tax" Provisions In Finance Bill Won't Affect Startups: Official
The 'angel tax' provision in the Finance Bill will not impact startups in India, a senior government official said on Tuesday.