An Indian parliamentary panel has urged the government to support the growth of domestic fintech players that can provide alternatives to the Walmart-backed PhonePe and Google Pay apps that currently…
India’s central bank said Thursday it takes supervisory actions and imposes business restrictions only after “persistent non-compliance” with rules, its first comment after a clampdown on Paytm last week has…
Attentive.ai, a startup building vertical software for landscaping and construction services in the U.S., has raised $7 million in a new funding round as it looks to enhance its AI-led…
India is one of the fastest growing economies, yet its supply chain system remains antiquated, operating much as it did decades ago. The logistics sector is highly fragmented, with a…
Microsoft’s prescient bets and aggressive investments in AI have propelled the software giant to become the world’s most valuable company. Yet Satya Nadella, its typically reserved chief executive, couldn’t resist…
River, an Indian startup manufacturing electric two-wheelers, has raised $40 million in a funding round led by Japan’s Yamaha Motor as the nearly three-year-old startup looks to increase R&D spending…
Reliance Industries-spin off Jio Financial Services said Monday evening that it is not negotiating with Paytm to acquire the Noida-headquartered firm’s wallet business. Jio Financial Services termed the media reports…
Shares of Paytm plunged 10% on Monday, the third consecutive session of declines, touching an all-time low of 438.35 Indian rupees (or $5.28) after the RBI’s clampdown last week looks…
After months of private tussle, Byju’s and some of its largest investors are now taking their fight public. Byju’s, once India’s most valuable startup, said Friday its investors do not…
Shares of Paytm fell another 20% Friday before hitting the lower circuit that temporarily halts trading as the Indian financial services firm reels from clampdown by the central bank. Paytm…