Startup news and updates: daily roundup (December 16, 2022)

Abhinav Srivastava joins Teachmint as General CounselAbhinav Srivastava joined education infrastructure provider Teachmint as its General Counsel. With 12+ years of experience across India and APAC, Abhinav brings experience in…

Continue ReadingStartup news and updates: daily roundup (December 16, 2022)

RBI asks Razorpay, Pine Labs, Stripe to hold off onboarding new merchants

Payments and banking platform for businesses Razorpay, US payment startup Stripe, and merchant commerce company Pine Labs have received notices from the Reserve Bank of India (RBI) to withhold onboarding…

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Coordinated efforts taken to contain Chinese loan apps: FM in Rajya Sabha

Government departments and the Reserve Bank of India (RBI) are taking coordinated steps to check Chinese mobile apps offering easy loans and cheating people, Finance Minister Nirmala Sitharaman said in…

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Union Budget this year to follow spirit of earlier ones: FM Nirmala Sitharaman

Finance Minister Nirmala Sithataman on Friday indicated that the forthcoming Union Budget will continue to push growth on the back of public spending, as she said it will "follow the…

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Reform to propel fundamentals of India’s performance in coming decades: N Chandrasekaran

Reform will be a key pillar to propel the fundamentals of India's performance in the coming decades, which present a major growth opportunity for the country, said Tata Sons Chairman…

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Fashion tech startup Virgio raises $37M in Series A funding round

Bengaluru-based fashion tech startup Virgio has raised $37 million in a Series A funding round led by Prosus Ventures, Accel, and Alpha Wave. The funds will go towards technology development and…

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