Non-banking finance company (NBFC) and lending tech startup Lendingkart has secured INR 50 Cr in a debt funding round from InCred Capital and Yubi. As part of the deal, Lendingkart has issued non-convertible debentures and market-linked debentures. Also, InCred infused INR 20 Cr in the startup while Yubi invested the remaining INR 30 Cr. Lendingkart …
After a relatively good start in August, the startup ecosystem continues to hold the funding momentum even in the second week of the month. Between August 8 and 13, Indian startups raised $440 Mn across 24 funding deals. This is a 166% rise than the previous week where startups managed to raise a total investment …
“<funding>” – Google News Is Rupee Fall Impacting Startups’ Valuation, Funding? Know What Experts Say News18Is Rupee Fall Impacting Startups’ Valuation, Funding? Know What Experts Say News18Read More
This year’s budget was critical for the electric vehicle (EV) industry. The government implemented a battery swapping policy and established higher standards for the development of India’s EV ecosystem. These policies aim to address one of the most significant barriers to EV adoption: charging infrastructure. They reduce upfront costs and downtime, resulting in faster adoption …
The legend has it that Nischal Shetty floated the idea of a native crypto token WRX in 2018 at the time of founding crypto exchange WazirX. However, the Reserve Bank of India’s (RBI’s) virtual ban on cryptocurrencies in 2018, which was later overturned by the Supreme Court in 2020, led to a delay in the …
“<funding>” – Google News Big crackdown on terror-funding: J&K govt sacks 4 employees, including Bitta Karate’s wife India TV NewsBig crackdown on terror-funding: J&K govt sacks 4 employees, including Bitta Karate’s wife India TV NewsRead More
The Government of Gujarat has introduced the ‘Drone Promotion and Usage Policy’ – a drone policy for the state with the aim of creating new opportunities in the sector. According to the policy, the drone manufacturers, users and pilots will have to register themselves on the Digital Sky platform and get a unique identification number …
“<funding>” – Google News Political funding bill to be fast-tracked, says Wan Junaidi Free Malaysia TodayPolitical funding bill to be fast-tracked, says Wan Junaidi Free Malaysia TodayRead More
As if the regulatory scrutiny was not enough, the public clash between Binance and WazirX over the ownership of the latter has brought the entire Indian cryptocurrency under the scanner and dampened investor sentiment. The controversy has led to a sharp decline in the trading volume of WazirX, and industry stakeholders believe that it has …
IT professionals and their crazy salary hikes upon switching the companies has been creating a lot of buzz lately. Attention IT Employees: Expect Big Salary Increments This Year (Find Out Why?) However, just like all good things must come to an end, so is the salary increment. Moving forward, the IT companies are most likely …