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2 mins read

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   


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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   


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4 mins read

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…

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4 mins read

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   


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7 mins read

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…

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6 mins read

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   


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10 mins read

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   


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2 mins read

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   


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3 mins read

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 …

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3 mins read

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…

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2 mins read

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…

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2 mins read

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 …

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2 mins read

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 …

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4 mins read

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   


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1 min read

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   


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2 mins read

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   


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2 mins read

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   


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2 mins read

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…

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2 mins read

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…

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1 min read

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 …