New-age consumer tech cos to dominate $300B online spend by 2030: Elevation Capital report

Online consumer spending by Indians is estimated to double from $140 billion currently to $300 billion by 2030, with the market share poised to be grabbed by the new-age consumer…

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Financial services firm Northern Arc bags $80M funding from World Bank’s IFC

Non-banking financial company (NBFC) Northern Arc has secured $80 million in funding from the International Finance Corporation (IFC), a member of the World Bank Group, in equal halves of debt…

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Agri-fintech startup Samunnati secures $5M debt funding for expansion

Tamil Nadu-based agri-finance company Samunnati has raised $5 million in debt funding from Enabling Qapital, a global impact investment firm.Sammunnati will use the fresh investment to fuel its expansion across…

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India’s central bank cracks down on Kotak Mahindra Bank over IT, risk management lapses

India’s central bank ordered Kotak Mahindra Bank to immediately cease onboarding new customers through its online and mobile banking channels and to stop issuing fresh credit cards, citing serious deficiencies…

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Harvard Develops Intelligent Programmable Fluid: A Technological Marvel

Harvard scientists have pioneered a groundbreaking "metafluid" that is poised to redefine the capabilities of materials used in various industries. Unlike conventional materials, metafluids boast programmable properties that can be…

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