Indian venture debt market is steadily growing: Lighthouse Canton report

Indian founders are increasingly turning to venture debt as a financing tool to bridge funding gaps and avoid excessive equity dilution, global investment firm Lighthouse Canton said in a report…

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Quick commerce a challenge to retailers, will become political issue: Uday Kotak

Financial services industry veteran Uday Kotak has said that successful quick commerce trade poses a challenge to retailers and will become a political issue.Speaking at an event organised by CNBC…

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Rapido sees 2.5X growth in gross order value in Q2, revenue rises 46% in FY24

Rapido has recorded a 2.5X rise in gross order value (GOV) from widening its offerings to cabs earlier this year and a stable driver base. The Bengaluru-based company reported Q2…

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Edtech unicorn PhysicsWallah names Amit Sachdeva as CFO ahead of IPO

IPO-bound edtech unicorn Physics Wallah(PW) has named former Blinkit CFO Amit Sachdeva as its new chief financial officer.Sachdeva’s appointment comes as the Noida-based edtech firm gears up for its initial…

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Sebi proposes accountability for AI use by market infra institutions, intermediaries

Regulator Securities and Exchange Board of India (SEBI)on Wednesday proposed holding market infrastructure institutions and intermediaries accountable for any consequences arising from their use of artificial intelligence (AI) tools in…

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