Economic Times
Fi, backed by Peak XV and Temasek, obtained an NBFC licence from RBI for independent lending. Like Jupiter, Groww, and Cred, Fi now offers loans and a
Ex-Binance CEO Changpeng Zhao may receive an extended sentence for violating U.S. money-laundering laws. Prosecutors seek deterrence. Legal expert Rob
Cleartrip's CFO Aditya Agarwal resigns amid Flipkart's senior management changes. Akshat Mishra to succeed him. Agarwal's key role in Cleartrip's inte
Google took significant measures in 2023 to prevent policy-violating apps on Google Play. Various security features, partnerships, and enhanced review
The PA licence will allow Bengaluru-based Groww to process online payments by itself. The licence was issued in the name of the company's subsidiary p
Last week, WhatsApp told the Delhi High Court that it would have to stop operations in India if it’s forced to break encryption for compliance with
The revenues in Q1 of FY23 stood at €5.73 billion ($5.92 billion). On a constant currency basis, revenue declined 3.3%. Capgemini follows January to
The fund is allocating a significant portion of its third fund to invest in around 25 early-stage startups. These initial investments will typically r
FirstCry’s IPO size will be the same, as per the IPO papers. It intends to raise $218 million (about Rs 1,815 crore) in primary funding through issu
Microsoft will invest $1.7 billion in Indonesia to empower the Southeast Asian country with cloud and artificial intelligence, including by building d
Layoffs at Google's Flutter, Dart and Python teams come weeks after the tech giant terminated staff from its real estate and finance teams as well. Go
The South Korean semiconductor and smartphone giant said its operating profit for the Jan-March quarter came in at 6.6 trillion won ($4.8 billion), up
Happy Tuesday! Regulatory actions have crippled Paytm Payments Bank's mobile wallet business. This and more in today’s ETtech Morning Dispatch.
Wipro's new CEO, Srinivas Pallia, to receive $7 million annual compensation for two years. Thierry Delaporte to be paid $4.33 million in cash. Pallia'
Will back, build and buy out companies in India; focus is on investing in a small cohort of startups and own large stakes in them, says Arjun Sethi, c
BluSmart aims for Rs 800 crore FY25 revenue, with BP Ventures support. Competing with Rapido, Namma Yatri, targeting Ebitda profitability by 2026. Fou
Draft Digital Competition Bill proposes ex-ante regulations similar to the EU's DMA, impacting user experience and innovation. Concerns over potential
Deal momentum slowed in 2023-24 despite record deals as clients favor new over old deals. Vendor consolidation and slower decision-making ensued, impa
Regulatory actions cripple Paytm Payments Bank's mobile wallet business, leading to a significant decline in transactions and value. Competitors like
Axel Springer partners with Microsoft Azure for AI migration, expanding with AI chat experience. Monetizes through Microsoft Advertising. Brands like
