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Less than a week ahead of Budget 2023-24, fintech founders in India have laid out their wishlist. To drive financial inclusion, the Govt. must encourage investment in the sector through loans, subsidies and tax rationalization, they say
Updated : Jan 27, 2023

Budget 2023: Fintech start-ups call for regulatory body in the sector, subsidies for MSMEs and more

Less than a week ahead of Budget 2023-24, fintech founders in India have laid out their wishlist. To drive financial inclusion, the Govt. must encourage investment in the sector through loans, subsidies and tax rationalization, they say

Ashish Singhal, CEO of CoinSwitch, one of India’s largest crypto exchanges, makes a Budget wishlist, which includes less taxes, better regulations, and a parity between crypto and other asset classes
Updated : Jan 12, 2023

Budget 2023: CoinSwitch expects govt to incentivise crypto users and 'reduce the burden of taxes'

Ashish Singhal, CEO of CoinSwitch, one of India’s largest crypto exchanges, makes a Budget wishlist, which includes less taxes, better regulations, and a parity between crypto and other asset classes

The struggling crypto sector, which saw trading volumes crash 90 per cent after the introduction of the VDA tax last year, expects friendlier policies from the Finance Minister in this year’s Union Budget
Updated : Jan 11, 2023

Budget 2023: Crypto exchanges bat for regulatory framework and lower taxation

The struggling crypto sector, which saw trading volumes crash 90 per cent after the introduction of the VDA tax last year, expects friendlier policies from the Finance Minister in this year’s Union Budget

 The start-up plans to utilize the fresh capital to expand to newer territories, ramp up its product portfolio, and support regulatory clearances.
Updated : Jan 11, 2023

Healthtech start-up Qritive bags $7.5 mn in a Series A round, looks to improve cancer care

Qritive uses deep tech to process pathology scans within seconds, thus improving treatment time for serious diseases like cancer. The startup has offices in India, Singapore, and the US.

Another surprising fact pointed out by Paytm was how a user earned Rs 1 lakh by referring over 1,300 of his family members and friends.
Updated : Jan 3, 2023

Delhi-NCR emerges as the digital payments capital of India in 2022

The report also revealed that the town of Katpadi in Tamil Nadu's Vellore district emerged as the fastest growing digital payments city in India. Katpadi saw a 7x growth this year.

Shilpa Shetty is known for investing in start-ups. Apart from Mamaearth, she has invested in companies such as Fast & Up, Chicnutrix, Hunar Online, and more.  
Updated : Jan 3, 2023

IPO-bound Mamaearth's investors: Know what Shilpa Shetty, Snapdeal co-founders, Mariwala scion invested

According to the DRHP, most individual investors and PE/VC funds will be exiting the beauty and personal care company through the OFS. Here's a look at their investments.

The processing time of collating the additional information and submitting will take at least a quarter, which would delay the stock market debut.
Updated : Jan 3, 2023

OYO to delay IPO by a quarter; SEBI seeks additional info on risk factors, KPIs & litigation

Market watchdog SEBI has asked OYO to update additional sections in its DRHP, such as updated risk factors, KPI’s, outstanding litigations, basis for valuation etc, as per a source.

According to the company’s financials, Swiggy’s net sales grew from Rs 2546 crore in FY21 to Rs 5704 crore in FY22.
Updated : Jan 3, 2023

Swiggy’s FY22 losses double; revenue breaches Rs 5,700 cr-mark, up 2x; layoffs likely

The increase in losses comes against the backdrop of its expenses also expanding exponentially from Rs 4,292 crore to Rs 9,748 crore in the last one year.