Article on December 08, 2022
Funding In Startups Drops By 35% In 2022: Report
Funding for the fintech and retail sectors fell by about 57 per cent and 41 per cent, respectively, compared to last year. According to the report, the sectors are not immune to the overall slowdown in the funding ecosystem
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97% of Businesses Support GST Waiver On CSR Activities: Report
55 per cent of all CSR contributions come from the manufacturing, automotive, power and energy, and financial services industries
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We Founder Circle Launches Two Angel Funds
We Founder Circle (WFC), an early-stage startup investment platform two angel funds in India and in GIFT City
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Shopify Partners With Payoneer, PayGlocal and Tazapay
Shopify an internet infrastructure for eCommerce partners with Payoneer, PayGlocal and Tazapay. It aims addition of new payment partners is aimed at streamlining cross-border commerce for Indian merchants on Shopify
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Uniqus Consultech Raises $12.5 Mn In Series A Funding
Uniqus Consultech raises $12.5 million in a series A funding round. It offers services like ESG and Accounting & Reporting Consulting
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ZebPay Appoints Rahul Pagidipati Back As CEO
ZebPay appoints Rahul Pagidipati again as the CEO. Rahul Pagidipati first became CEO of ZebPay in January 2020
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Vidyut (VT) Raises $4 Mn In Mix Of Equity And Debt Round
Vidyut (VT) raises $4 million in a mix of equity and debt round led by Force Ventures and others. It is a platform for EV financing and vehicle lifecycle management
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IDFC First Partners With MFIs Sa-Dhan And NextGen
IDFC Bank partners with MFIs Sa-Dhan and NextGen and aims to bring digital microfinance solutions. There are about 45 million Individual beneficiaries under the MFI organisations and most of them are on feature phones.
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BharatPe Files Case Against Madhuri Jain
BharatPe files a case against Madhuri Jain former head of control who is also the wife of Ashneer Grover under section 420. They were expelled from their position over the misappropriation of funds.
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Byju's To Restructure Its $1.2 B Loan
Audited financial statements reveals a 13-fold increase in losses for the fiscal year ended March 2021 — the most recent period for which financial accounts are available
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