NEWS AT A GLANCE
'Info Edge' and Others Invest in E-Commerce Platform 'ShopKirana'
'Mumbai Angels Network' Invests in Startup 'Fric Bergen'
Walmart India Shuffles Top Management, Appoints New Head
Priyanka Chopra-Backed 'Bumble' Debuts in India
Zomato signs in 'Durga Raghunath' to accelerate growth in businesses>

Category Archives: News

News

P2P startups to get backed by NBFCs soon

Here’s some good news for P2P startups... After a recent notification by the Central Government, the Reserve Bank of India(RBI) said that the central bank has identified peer-to-peer lending(P2P) startups as a special category of non-banking finance companies(NBFCs). This will be regulated by the bank regulator. The notification provides a ground for the release of…
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HighRadius secures $50 million to expand on a larger scale

Fintech leader receives fund amid AI-based demand HighRadius, the leader in cloud-based Integrated Receivables software, has raised $50 million in growth funding from Susquehanna Growth Equity to continue its aggressive growth and expand its presence globally. HighRadius is led by CEO, Sashi Narahari, an IIT alumnus and enterprise technology veteran. HighRadius works with hundreds of…
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Google launches ‘Tez,’ a new UPI-based payments app

Google aims to give a tough competition to rivals Google launches a Unified Payments Interface (UPI) app called Tez in India under the ‘Make in India’ initiative. This app will allow users to pay for services both online and offline and also influence person- to- person transactions. Finance minister Arun Jaitley launched Tez. He said…
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Another smart move by Uber! Check out

Uber launches a digital campaign to showcase real stories of riders In a smart move, Uber plans out a stronger strategy to survive in the market. Sanjay Gupta, head of marketing, Uber India, said, “In the months prior to the launch of our mass media campaign, we spent hours in conversation with both riders and…
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