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India's once-hot startup Byju's was valued at $22 billion. Now, BlackRock says its investment is worth nothing.
The Indian company, once valued at $22 billion, is facing legal and financial troubles. HSBC just w…
Shubhangi Goel
ADB approves $23 million loan to catalyze fintech development in Gujarat
According to ADB, Gujarat International Finance Tec-City (GIFT), a state-owned enterprise, serves a…
ANI
India’s fintech funding shrinks over 60% to $2 billion
In spite of the fall, India ranked third globally in 2023 in terms of fintech startup funding. Worl…
This AI startup that helps stores catch shoplifters just bagged $1.5 million in pre-seed funding without using a pitch deck
MokSa.ai, which aims to help stores curb theft and employee fraud using AI-enabled security cameras…
Melia Russell
The dark truth behind RBI’s crackdown on easy personal loans
The Reserve Bank of India tightened capital norms for lenders disbursing unsecured loans to unsuspe…
The hidden woes of being in a relationship with a startup founder
Business Insider's Melia Russell offers a fascinating look at what it's like to be married to the f…
Dan DeFrancesco
The Supreme Court shut down Biden's student loan forgiveness and refinancing startups are waiting to pounce
Private lenders promise big savings if you refinance your student loans — but the offers will…
Thomas Gokey
Byjus proposes sale of overseas units to repay $ 1.2 billion loan
Byju's hopes to garner between USD 800 million to USD 1 billion from the sale of Epic, the US-b…
PTI
This startup is building infrastructure to automate and ease the process of giving out small biz loans
Lending company U GRO Capital intends to give out small business loans worth ₹2,000 crore to MSMEs …
A tax guru explains all that is wrong with Indian government’s latest requirement for startups to disclose creditors’ source of income
While the government of India has set forth the agenda of “trust-based governance”, it has also iss…
Fintech startup offering gold loans to improve credit availability in Tier-2,3 cities raises $1.5 million in seed funding
Kae Capital led the funding round in fintech startup Bold Finance. The round also saw participation…
Indian startup funding slumps 75% YoY to $2.8 billion in Jan-Mar, as macro challenges weigh
The ongoing macroeconomic challenges have hit the Indian startup industry in terms of funding from …
BharatPe acquires 51% stake in Mumbai-based NBFC Trillion Loans
BharatPe Group has acquired a controlling stake in Mumbai-based NBFC Trillion Loans, a provider of …
Residential cruise ship startups selling condos at sea for over $100,000 are struggling for the same reason
Companies like Storylines are launching condos-at-sea that will continuously sail around the world.…
Brittany Chang,Kate Taylor
A fintech CEO is trying to raise more than $1 billion to fund bridge loans for startups impacted by the Silicon Valley Bank collapse
"We've received $1.5 billion in requests from nearly 1,000 companies," a Brex spokesperson said. "W…
Sam Tabahriti,Aidan Pollard
OpenAI CEO Sam Altman sent startup six-figure loan to make payroll after Silicon Valley Bank collapse, report says
Altman is one of several tech executives reportedly giving money to startups to help them weather t…
Aaron McDade
Frank, the college loan start-up JPMorgan is suing for fraud, was warned by the FTC for misleading students about Covid relief money
The FTC's warning was at least the second time Frank and founder Charlie Javice were accused of mis…
Katherine Long
A startup that helps underserved Indians save & invest in gold, stocks bags $19 million
Micro-saving app Siply — which helps underserved users borrow and save money — has raised $19 milli…
Student loan provider Eduvanz raises ₹100 crore from JuvoVentures, Sequoia and others
Education loan provider Eduvanz has raised ₹100 crore to expand its offering and launch new product…
Bombay HC frowns at PNB for inaction on diamantaire Nirav Modi's loan frauds
The Bombay High Court has pulled up the Punjab National Bank (PNB) for not taking steps to recover …