Simple Energy raises $20M to ramp-up the production of electric scooter Simple ONE

Electric vehicle and clean energy startup Simple Energy, on Tuesday said it has raised over $20 million in an ongoing bridge round. The company said it will use the funding to…

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[YS Exclusive] KreditBee, Ola’s Avail Finance, Indiabulls Housing in Meity target list of digital lenders

Lending platform KreditBee, Avail Finance, now part of Ola Money, and Indiabulls Housing Finance Ltd are in the government’s crosshairs as authorities target hundreds of fintech and gaming platforms for…

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PhonePe launches feature to allow international UPI payments

In a significant push to take the United Payments Interface (UPI) global, on Tuesday, fintech decacorn PhonePe launched support for UPI international payments, allowing PhonePe's Indian users travelling abroad to…

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Zomato’s dining head quits; joins Sequoia-backed health startup

Aman Priyadarshi, Global Dining Business Head, Zomato, has quit the food delivery company, making him the fifth senior official to exit the company."Throughout my career, I have been extremely fortunate…

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Sequoia-backed Practo appoints Amit Kumar Verma as chief technology officer

Telemedicine company Practo has appointed Amit Kumar Verma as the chief technology officer (CTO), just months after elevating him to the position of head of engineering in the consumer-facing business.…

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Micro savings platform Siply acquires Finsave’s myPaisaa for $7.5M

Siply, a Bengaluru-based tech-enabled micro-savings platform, has acquired myPaisaa, a fintech startup owned by Finsave Technologies, for $7.5 million. Hyderabad-based myPaisaa is a digital online chit and rotating savings and…

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