Brainbees Solution, the parent company of FirstCry, narrowed its losses by 31.4% year-on-year to Rs 75.6 crore in the first quarter of FY25, according to regulatory filings made with BSE. The…
Y Combinator (YC) is one of the most prestigious startup accelerators globally, known for launching companies like Airbnb, Dropbox, and Stripe. For AI startups, getting into YC can provide unparalleled…
Union Minister of Commerce and Industry Piyush Goyal praised the fintech sector’s passion and innovation in accelerating financial inclusion in the country."Today, every willing adult proudly has a bank account…
Generative artificial intelligence (Gen AI) will make banking more conversational in the future, said V Vaidyanathan, Managing Director and CEO of IDFC First Bank, emphasising that the industry is poised…
Open Network for Digital Commerce (ONDC) aims to go beyond domestic commerce and facilitate global trade, enabling cross-border transactions and helping Indian businesses tap into international markets, Managing Director Thampy…
Injecting confidence in the country's fintech ecosystem, Prime Minister Narendra Modi, speaking at the fifth edition of the Global Fintech Fest (GFF), said that the innovative financial landscape will improve…
Funding news35North India Discovery Fund-II (IDF-II) invests in Nukleus SEBI accredited venture capital firm 35North’s India Discovery Fund-II has invested an undisclosed amount into co-working and managed office spaces startup, Nukleus…
US-based Asset Management Company (AMC) Fidelity Investments on Friday marked down the fair value of its stake by more than half in the conversational messaging platform Gupshup, effectively valuing the…
Cloud kitchen operator Rebel Foods narrowed its after-tax losses by 40% to Rs 378 crore in the financial year ended FY24 compared to Rs 656 crore a year ago, according…
On-demand B2B agri-inputs platform AGRIM has raised $17.3 million (Rs 145 crore) in a Series B funding round led by Asia Impact. The company said it will use the funds…