Grammy-winning pop star Dua Lipa is set to headline the second edition of the Zomato Feeding India Concert, to be held on November 30th this year. The event will also feature performances by singers including Jonita Gandhi and Talwiinder. Deepinder Goyal shares ad on X Announcing the event on unknownCEO Deepinder Goyal wrote, “The Zomato … Read more
PB Fintech, the parent company of Policybazaar and Paisabazaar, has announced a major expansion of its Employee Stock Option Plan (ESOP) by introducing a new scheme under the PB Fintech Limited Employee Stock Option Plan 2024. The new ESOP plan is reportedly valued at around Rs 1,931 crore (approximately $233 million). The Board of Directors … Read more
Insurance technology startup Health Kenko has officially closed its operations after running out of fundscompany co-founder Aniruddha Sen told employees in an internal email. “Unfortunately, the company ran out of funds and we were unable to inject equity capital in time due to several internal reasons,” he said. ET has seen a copy of the … Read more
LoanKuber, a mortgage brand operating under Janasha Finance, has raised $3.5 million in a pre-Series B round funds round led by Singapore-based TRTL VC. The round, which was a mix of debt and equity, also saw participation from existing investors. Turning Point Ventures (IPV) together with Auxano, LetsVenture and Mavuca Capital. The round also included … Read more
SoftBank-backed food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming initial public offering to raise between $1 billion and $1.2 billion, three people familiar with the matter said. The deal would make it one of the largest initial public offerings this year. Swiggy competes with Zomato in the online … Read more
2 minutes reading time Last update: August 23, 2024 | 18:27 IS On Friday, Axio raised $20 million in equity funding from Amazon Smbhav Venture Fund as the digital consumer finance startup aims to expand lending and offer more credit products. Axio has raised $232 million in total funding with the latest round, according to … Read more
Bengaluru-based fintech company Credit has received certification NPCI Bharat Billpay to operate as a Customer Operating Unit (COU) in Bharat Bill Payments System, the company said in a note on Friday. This certification allows Cred to establish further partnerships with major billers and banks in the BBPS. platformwhich speeds up credit card bill payments made … Read more
Brij Bhushan, co-founder and former COO of hyperlocal e-commerce platform Magicpin, has joined Prime Venture Partners as a full-time partner. Prime Venture Partners, an early-stage venture capital firm, announced this strategic addition on Friday, highlighting Bhushan’s role in the firm’s investment, portfolio management and fundraising efforts. The return of venture capital Brij Bhushan is no … Read more
Maharashtra Industries Minister Uday Samant has promised to roll out a red carpet for small and medium enterprise projects and Startups Along with the ultra megaprojects, while the state seeks to transform Bombay in a global financial technology center. Samant inaugurated an exhibition at the 9th World Economic Summit on ‘Fintech: Accelerating the Digital Revolution’ … Read more
Former Tech Mahindra India Chief Business Officer Jagdish Mitra announced the launch of his new startup, Humanize, a software-as-a-service (SaaS) startup powered by generative AI. The launch comes just four months after Mitra’s exit from the IT services giant. Mitra joined Tech Mahindra in January 2015 as the chief strategy and marketing officer. In January … Read more
