CRED, PhonePe backer Ribbit Capital to raise $500M for new fund

Ribbit Capital, a fintech-focused venture firm, is gearing up to raise $500 million for its latest flagship fund, as per recent filings with the U.S. Securities and Exchange Commission (SEC).Headquartered…

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Ola Electric confirms getting queries from govt; attributes low sales data to ‘temporary backlog’

Ola Electric has received inquiries from the Ministry of Heavy Industries (MHI) and the Ministry of Road Transport and Highways of India (MORTH) over discrepancies in sales data and non-compliance…

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Markets bounce back after falling in opening trade on fresh foreign fund inflows

Equity benchmark indices Sensex and Nifty opened on a negative note on Friday but soon recovered the lost ground and were trading with gains as fresh foreign fund inflows supported…

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Academia, startups, students, and researchers must partner to create new solutions: Vaishnaw

Union Minister Ashwini Vaishnaw has urged academia, startups, students, and researchers to come together to develop new solutions and shed the old mindset that the government should do everything.While giving…

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Gensol’s independent director resigns, says company needs guidance in ‘fast-growth environment’

Gensol Engineering's independent director Rajesh Jain has resigned amid liquidity concerns at the renewable energy company. In his resignation letter dated March 13, filed on the NSE by Gensol Engineering,…

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How TiDB is solving enterprise data challenges with scalability and speed

181 zettabytes by 2025! That’s the amount of data expected to be created, captured, copied and consumed globally this year. The projection is a meteoric rise from the already overwhelming…

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How insurance GCCs in India are redefining risk management and compliance standards⁠

Global capability centres (GCCs) in the insurance sector in India are experiencing unprecedented growth and transformation, reshaping how risk management and compliance standards are implemented across the industry. According to a…

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