Education loan provider MPOWER gets $100 mn loan from Goldman Sachs

Payal Ganguly

Global education loan provider MPOWER Financing has raised $100 million loan from Goldman Sachs, bringing its total loan financing ....

19 August, 2019

Zomato faces heat as restaurant owners logout from deep discounts

Payal Ganguly & Tanmay Tiwary

Online food delivery and restaurant booking platform Zomato founder and chief executive Deepinder Goyal took to social media platform ....

19 August, 2019
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WeWork’s IPO filing decoded: How losses will continue and CEO will maintain control

Payal Ganguly

The We Company, the parent of shared workspaces provider WeWork, filed documents for its planned initial public offering (IPO) ....

16 August, 2019

Usability, digital literacy critical when designing products for rural consumers: Priyanka Dutt, BBC Media Action

Payal Ganguly

In her decade-long stint with BBC Media Action, country director Priyanka Dutt has helmed multiple projects for the international ....

16 August, 2019

Twitter, TrustBridge join ShareChat’s $100 million funding round

Payal Ganguly

Regional social media platform ShareChat announced raising $100 million as part of its Series D round with participation from ....

16 August, 2019

Reliance buys majority stake in AR/VR startup Tesseract

Payal Ganguly

Mukesh Ambani-controlled Reliance Industries has acquired Mumbai-based Tesseract Imaging, which was recently in the news for being ....

16 August, 2019
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RBI releases guidelines for testing fintech innovations

Payal Ganguly

The Reserve Bank of India (RBI) has finalised guidelines for the regulatory sandbox to test innovative financial products and ....

14 August, 2019

March Capital leads $51 million Series C in conversational AI startup Uniphore

Payal Ganguly

Conversational Artificial Intelligence (AI) technology company Uniphore has raised $51 million in a Series C funding round led ....

14 August, 2019

Inside the SHAREit playbook to ride India’s content wave

Payal Ganguly

Content is the new hook when it comes to cheaper data plans and cutting across language barriers. Lately, bite-sized videos have ....

13 August, 2019

SC postpones WhatsApp hearing on Facebook plea

Payal Ganguly

The Supreme Court today postponed the hearing against messaging platform WhatsApp on Facebook’s plea to transfer the case ....

13 August, 2019
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Startups freed from angel tax blues

Payal Ganguly

The government has clarified that provisions for relaxation from angel tax also applies to companies that had received assessment ....

13 August, 2019

Naspers leads $125 mn funding round in social commerce platform Meesho

Payal Ganguly

Social commerce app Meesho has raised $125 million in a funding round, led by South African consumer internet group Naspers. The ....

12 August, 2019

Ant Financial may dampen Zomato’s $500 mn plan, Amazon wants more third party sales

Payal Ganguly

Foodtech major Zomato facing a funding challenge. Amazon wants to increase third party sales. Ant Financial hurdle for Zomato ....

12 August, 2019

India Quotient to raise $42 mn add-on fund: Report

Payal Ganguly

Early stage venture capital firm India Quotient has announced plans to raise Rs 300 crore ($42.3 million at the current exchange ....

9 August, 2019

Angel tax breather for startups, central body soon to handle complaints against ecommerce firms

Payal Ganguly

Startups battling notices on angel tax can breathe easy after the recent clarification from the finance ministry, which said that ....

9 August, 2019

Finance ministry clarification helps startups breathe easy on angel tax

Payal Ganguly

A clarification issued by the finance ministry on Wednesday has provided some relief to startups recognised by the Department ....

8 August, 2019

How this SaaS startup is solving everyday problems for the dairy industry

Payal Ganguly

An early morning conversation with the milkman and a college project later, Samarth Setia decided to build a SaaS (software-as-a-service) ....

8 August, 2019

RBI to set up central fraud registry for digital payments

Payal Ganguly

Digital payments service providers will now have to report payment frauds to a Central Payment Fraud Registry to be set up by ....

8 August, 2019

Consumer Protection Bill to increase compliance cost for ecommerce companies

Payal Ganguly

Online shoppers now have a formal body looking into complaints against ecommerce entities as well as enforcing class action against ....

7 August, 2019

OYO appoints McKinsey executive as CEO of SE Asia, Middle East

Payal Ganguly

Gurugram-headquartered OYO Hotels and Homes has appointed Mandar Vaidya as the chief executive officer (CEO) for Southeast Asia ....

7 August, 2019

Automation platform AppViewX raises $30 mn in Series-A round

Payal Ganguly

Seattle-based network infrastructure management company AppViewX has secured $30 million (Rs 212.4 crore at the current exchange ....

6 August, 2019