Shipra Singh | Page 2

While it is still to be seen in what way, if at all, the digital tokens will be banned, stakeholders are on tenterhooks given it may wipe away the entire industry in the country, thriving in rest of the world

An inter-ministerial committee (IMC), which was constituted to study the issues and propose specific actions related to cryptocurrencies, has recommended in its report that except any virtual currencies issued by the government, all private cryptocurrencies will be prohibited in the country, said Finance Minister Nirmala Sitharaman responding to a question in the Rajya Sabha

While tabling the Budget on Monday, finance minister Nirmala Sitharaman announced setting up of a 'world-class' fintech hub at GIFT City in a bid to bolster innovation in the fintech industry

The interest income on PF contributions above INR 2.5 lakh per annum will now be taxed at the normal rates

The financial technology space is expecting a differentiated treatment in the upcoming Budget

The idea behind Lal10 is to use the vast untapped potential across rural communities and organize it with technology and innovative business models while also empowering rural artisans to become micro-entrepreneurs

NavGurukul offers training in vernacular languages through its e-learning platform SARAL to solve the language barrier that often keeps higher education out of reach of children from low income groups

Hasura has raised a total of $36.5 million in external funding from some of the marquee investors like Lightspeed Ventures and Nexus Venture Partners

The idea behind True Beacon is to inspire more accountability in the wealth management space

The company claims to process the daily trading volume of about $15 million and has a user base of over 200,000 investors and traders

Delhi-headquartered Ziptrax clocked INR 35 lakh revenue in FY2019-20

The Delhi-headquartered company claims to be month-on-month profitable with the current ARR (annual recurring revenue) of INR 120 crore

The company is adding about 50,000 SMEs every month, as per Achuthan, and aims to on-board close to 2 million users by mid-2021

Founded in 2019 by brothers Rohan Malhotra and Arjun Malhotra, Good Capital is a venture capital firm that invests $100,000 to $2 million in pre-seed to Series A funding rounds

The character of Nazma Aapi catapulted the 21-year-old to social media fame in less than eight months

The stock market in 2020 came full circle--after crashing about 35 per cent between February and March driven by the outbreak of Covid-19 pandemic, it recovered by as much as 80 per cent in the following months.

The company will use the fresh capital to bolster its expansion plans by scaling the team and accelerating its marketing efforts.

A report by credit bureau CIBIL suggests that fall in origination volume can be attributed to decline in both consumer demand as well as lender risk appetite as data shows that credit liquidity is not a challenge for lenders

Digital-asset exchanges are pointing to the trend that this time investors are not entering the space in the heat of the market sentiment

The company plans to use the capital for developing technology, partnerships and expansion in 25 more cities.

CoinDCX aims to deploy the fresh capital to drive cryptocurrency adoption in India with cutting-edge innovative products and attract and retain fresh talent

Paytm Payments Bank has the lowest technical decline rate of 0.02% among remitter banks and 0.04% among beneficiary banks, as opposed to about 1% rate of all other major banks

HDFC Bank has picked a minority stake in the company in return of the investment made as part of Series B funding round

BharatPe recorded INR 3,334 crore (USD 479 million) in transaction value in a total of 6.15 crore transactions for the month of November

The funding round also saw participation from Trifecta Capital and Survam Partners, the family office of the Suman Kant Munjal group

The consortium led by Murari Lal Jalan and Kalrock Capital is in talks with the regulators to reinstate all the domestic slots that the airline had before it halted operations

KIKO will use the fresh capital to build and improve its technology and expand customer base

The integration will bring new features for schools to serve their assessment needs while building practice habit in students through gamified elements and personalised recommendations

Raj Khosla, founder and MD of MyMoneyMantra (MMM) in an interview with Entrepreneur Media gets candid about why scaling a company on the back of investor's money without making profits is not the right way

The Flipkart board has taken this decision to allow PhonePe to access dedicated capital to fund its long-term ambitions over the next three to four years