FinTech
Consumer Durables & IT
Consumer electronics startup Seven launches 7 Ring, a wearable payment solution
7 Ring is an open-loop contactless payment wearable solution powered by the RuPay network
New Delhi: Homegrown consumer electronic startup Seven has unveiled a new smart ring called 7 Ring, a contactless payment solution device, the company announced in a...
In Focus
India is a major focus for Apple: CEO Tim Cook
PTI -
Apple CEO Tim Cook said the tech giant has a "low share" in India's large market and there is a "lot of headroom" and "positives" for the company thereNew York: Describing India as a "major focus" for Apple, CEO Tim...
Finance and Funding
India Start-up Tracker: Who got what in the first half of 2023
A look at the funding scenario for startups in India in the first half of calendar year 2023Mumbai: Funding in the Indian startup ecosystem continues with cautious optimism. Despite the significant dry powder earmarked for Indian start-ups, the ecosystem...
fintech
Paytm unveils indigenously made soundbox with card payment option
PTI -
The company has deployed soundbox at around 8.5 crore point of sales and expect to match the same pace of deployment for the new devices.New Delhi, Sep 4 (PTI) Fintech firm Paytm on Monday launched a soundbox device that lets...
E-Commerce
The offshoots: 12 startups founded by former Flipkart employees
From fitness to fintech, here are 12 diverse startup businesses founded by individuals who were once part of the Flipkart team
Bengaluru: Flipkart is the model success story of an Indian e-commerce startup. The homegrown e-commerce platform Flipkart was founded...
Latest News
Paytm monthly users increase by 19% to 9.3 crore
PTI -
Payment volumes for merchants or Gross Merchandise Values (GMV) rose 39 per cent on-year at Rs 1.47 lakh croreNew Delhi: Fintech company Paytm on Thursday said its average monthly users rose by 19 per cent on-year to 9.3 crore.Merchant subscriptions...
Finance & Funding
Investment in Indian startups in H1 2023 lowest in last four years: PwC India
PTI -
Investments fell by 36 per cent in January-June to $3.8 billion, as investors are taking longer time in due diligence of every aspect of businessNew Delhi: Funding in Indian startups fell by 36 per cent in January-June to $3.8...
Latest News
BharatPe group appoints Pankaj Goel as chief technology officer
PTI -
Prior to joining BharatPe, Pankaj was the head of payments engineering at RazorpayNew Delhi: Fintech firm BharatPe Group has appointed former Razorpay senior executive Pankaj Goel as the chief technology officer.Prior to joining BharatPe, Pankaj was the head of payments...
Finance & Funding
PhonePe raises $100 million in additional funding at $12 billion valuation
PTI -
Fintech firm PhonePe has raised about Rs 828 crore in primary capital from new investors Ribbit Capital and TVS Capital Funds with participation from existing investor Tiger GlobalNew Delhi: Fintech firm PhonePe has raised another $100 million (about Rs...
Big Grid
Walmart pays most of tax bill arising from shifting of PhonePe headquarters to India
PTI -
Walmart Inc and other PhonePe shareholders faced nearly USD 1 billion as capital gains tax after the digital payments company shifted its headquarters to IndiaNew Delhi: US retail giant Walmart has paid the taxes arising from the shifting of the...
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Latest News
Max Fashion launches new youth centric brand ‘Urban’
The first Max Urban collection will be available across the brand's retail stores as well as on the e-commerce...
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