Shipra Singh | Page 3

These strictures come on the back of several instances of technical glitches and outages on internet banking, mobile banking over the last two years

SAWO, which stands for secure authentication without OTP, will use the fresh capital to strengthen its product portfolio of OTP- and password-less tools along with robo identification and password-less consumer onboarding tools

Prescinto is an artificial intelligence enabled platform designed for vendor agnostic connectivity and real-time insights for solar plants

JobsForHer conducted a survey to gauge what women workers think can help them take on higher roles and responsibilities in the workplace

The program will select start-ups that are devising solutions in the areas of artificial intelligence/machine learning, smart underwriting, blockchain, health and wellness, intelligent data acquisition & advanced data analytics

Helia is headquartered in San Francisco and founded by Indian origin entrepreneur Ashwin Sreenivas along with Russell Kaplan and Daniel Berrios

The fresh capital has knocked up the company's valuation by almost 45 per cent since it entered the coveted unicorn club in September after raising USD 150 million funding led by Softbank at a valuation of USD 1.45 billion.

Pre-owned vehicle buying and selling platform Cars24 has raised USD 200 million in Series E funding round led by DST Global.

The funding was led by Apis Growth Fund II and saw participation from existing investor Y Combinator

The company aims to use the fresh capital to develop and launch a range of food essentials like cold-pressed edible oils, fruits and vegetables, batters, pulses, jams, pickles, and other essentials

Sodexo, QwikCilver, Punjab National Bank Ltd (PNB) and Delhi Metro Rail Corporation Ltd (DMRC) are the other four entities to be fined for violating regulatory norms

The company plans to use the fresh capital raised in pre-series A round to launch a range of SKUs and products relevant for the market at this point when consumers are staying at home

The funding round was led by angel investors Sweta Rau and Archana Priyadarshini along with participation from 9Unicorns, AngelList, Lets Venture and other angel investors

Lendingkart has launched a co-lending software-as-a-service (SaaS) platform Lendingkart 2ghtr, for banks and non-banking financial institutions (NBFCs)

NPCI has allowed the messaging app to roll out the facility with only 20 million users initially

The pre-series A funding was round led by Venture Catalysts with participation from Inflection Point Ventures, DFAN and existing investor Orios Venture Partners

PIF will pick 2.04 per cent stake in RRVL on a fully diluted basis in return of the investment

Each transaction through the card will be rewarded with a cashback and additional cashback of 5 per cent and 3 per cent on Paytm SBI Card SELECT and Paytm SBI Card respectively, will be given upon booking movie and travel tickets on Paytm app and purchasing items from Paytm Mall.

BHIM accounted for 46.6 per cent of all UPI transactions by volume in July 2017, but this has sharply declined to a paltry 1.06 per cent in July 2020

Sequoia Capital India and Faering Capital invested $35 million, whereas additional $20 million came from a clutch of other lenders

The pre-series A funding round was led by Rajasthan Venture Capital Fund (RVCF) and AWE (Achieving Women Equity) Funds

The government has waived compounded interest or interest-on-interest on loans for the period of 1 March 2020 to 31 August 2020

The funding round was led by from Arkam Ventures and Mastercard along with participation from Kalaari Capital and Stellaris Venture Partners

Founded by Chennai-born entrepreneur Jay Vijayan, Tekion has raised USD 150 million in Series C funding round at a valuation of over USD 1 billion

As much as 51 per cent respondents in the Retirement Survey released by PGIM India MF reported that they have absolutely no financial plan for their retirement

Harshil Mathur, co-founder and CEO, Razorpay shares the company's journey from getting rejected by 100 banks to becoming the youngest fintech unicorn

Vamsi Krishna, co-founder and CEO, Vedantu, says the company believes in the concept of LIVE interactive classes being a superior format for online learning which creates greater learning outcomes

The fresh capital received in the pre-series B round will be used for scaling in India and other markets, strengthening product and technology and hiring talent

The Bengaluru-based startup plans to deploy the fresh capital towards its research and development (R&D) initiatives.

The 10.3% GDP contraction for India is for the current fiscal year, ending on March 2021, as opposed to projections for all other economies based on the calendar year 2020. IMF's outlook for India for the current calendar year 2020 is pegged at 8.6% decline