- Foodtech Startup Fingerlix Raises $1.31 Mn Venture Debt From Alteria Capital Ready to cook foodtech startup Fingerlix has raised $1.31 Mn (INR 8.5 Cr) of venture debt from the maiden venture debt fund launched by Alteria Capital this month. Shripad Nadkarni, Founder and Director at Fingerlix stated, “Our experience of raising Venture Debt with Alteria was not only smooth and quick but delightful! The team is […]
- Venture Capital Firm Kalaari Capital Looks To Sell Stake In Snapdeal Venture capital firm Kalaari Capital, which was one of the early investors in Snapdeal, is looking to sell its stake in the ecommerce firm, as per two sources in the know. An ET report stated that the venture capital firm has held conversations with the company’s promoters to sell its stake, in entirety or partially. […]
- Paytm Launches Wealth Management Products Gold Gifting and Gold Savings Plan Digital payments player Paytm has announced the launch of two new services – Gold Gifting and Gold Savings Plan as a part of its wealth management offering Paytm Gold. Through these services, customers can now send 24K 999.9 Purity Gold to each other instantly. Nitin Misra, Senior Vice President Paytm said, “Paytm Gold has been […]
- How SaaS Startup ShepHertz Is Helping Enterprises In 150 Countries Onboard The Digitisation Bandwagon Apps and digitisation today are words that need no explaining today. But if we roll back a few years to be in 2010, mobile apps had just started making their appearances in India. At that time, it used to normally take around a year to build an app. This is in complete contrast to what […]
- Paytm App Stops Asking For Root Access On Android Phones Last week, Paytm app asking for root access on Android phones had raised major concerns. Now after being flagged by a French security researcher, the digital payments player has fixed the sensitive issue in its app on Android phones. As per a TOI report, the security researcher, Baptiste Robert, who goes by the name of […]
- Paytm App Asking For Root Access On Android Phones Raises Concerns The Android app Of Paytm has been asking users who have modified or rooted their devices for administrative access called root access, as per a Medianama report. This issue was first brought to light by a Twitter user Bibhas Debnath, who shared a screenshot of the request prompt. This tweet gained a lot of attention, […]
- PhonePe Hits Out At Paytm, Says Paytm’s Claims Of Being Largest Player On UPI Are Misleading Things have not been quiet in the first two months of this year for the digital payments space in India. If a few days ago it was Paytm lashing out at WhatsApp for unfair play, now Flipkart’s mobile payments arm PhonePe has hit out at Paytm, questioning the latter’s claim of being the largest player […]
- Women’s Day Special: How Microsoft Fosters Gender Diversity And Inclusion In The Workplace Ever since last year, the #MeToo movement has been dominating the headlines. Be it Hollywood or our very own startup ecosystem, sexism and discrimination against women have brought to the fore again the burning topic of gender diversity. Be it Uber in Silicon Valley or TVF back home, they served as a stark reminder of […]
- Furniture And Home Marketplace Pepperfry Rakes In $38.5 Mn Funding From State Street Global Advisors Mumbai-based furniture and home marketplace Pepperfry has raised about $38.5 Mn (INR 250 Cr) in its fifth round of funding from State Street Global Advisors, the asset management business of State Street Corporation. As part of the round, Anandh Hari, Managing Director Private Equity, State Street Global Advisors, will join the board of advisors. The fresh […]
- Indian Government Tells Supreme Court That It Might Extend March 31 Deadline For Aadhaar Linkage The deadline for mandatory linking of Aadhaar to avail various services and welfare schemes run by the Indian government may be further extended beyond March 31. As per an ET report, the Centre indicated in the Supreme Court today that since some more time would be needed to conclude the prolonged hearing in the Aadhaar […]
- Early Stage Fund Prime Venture Partners Raises Third Fund With A Corpus Of $61.6 Mn Early stage firm Prime Venture Partners today announced the close of its third fund at $61.6 Mn (INR 400 Cr). The fund, which is an internationally structured fund based in Mauritius, saw investments from LPs based out of the US, Singapore and Hong Kong. Sanjay Swamy, Co-founder and Managing partner, Prime Venture Partners stated, “Digital […]
- Ride Hailing Firm Ola In Talks With Temasek To Raise Upto $1 Bn In Funding Ride hailing firm Ola is in talks with Singapore’s sovereign wealth fund Temasek and other investors to raise another $500 Mn to $1 Bn in funding, according to people familiar with the development. An ET report stated that the deal is expected to value Ola at $6 Bn-$7 Bn and would include a secondary sale […]
