BUSINESS
Exclusive | Getting ready for IPO, but no timeline yet: Pine Labs CEO Amrish Rau
Pine Labs that is backed by Mastercard, Sequoia, Actis Capital, PayPal and Temasek, has been in touch with law firms, auditors and bankers for a year but it is not yet in a position to say when it would go for the IPO.
BUSINESS
Groww raises $83 million at a valuation of over $1 billion, enters unicorn club
India has seen eight unicorns in the first four months of 2021, compared to 11 in 2020; accelerated digitisation during pandemic has triggered rapid growth in this space.
BUSINESS
PharmEasy parent API Holdings raises $350 million at $1.5 billion valuation, enters unicorn club
API Holdings is the third startup to join the billion-dollar club this week after Meesho and CRED.
BUSINESS
Meesho raises $300 million led by SoftBank, enters unicorn club
Meesho, the Bengaluru-based social commerce startup, helps small businesses and individuals become sellers on social platforms such as WhatsApp, Facebook and Instagram.
BUSINESS
UPI transactions touch new high, cross Rs 5 lakh crore in March
UPI, which has been clocking over two billion transactions a month since late in 2020, has ambitions of touching two billion transactions a day in the next few years.
BUSINESS
Level 1, Level 2, Level 3: How NPCI plans to cap market share of apps like PhonePe and Google Pay
The move is aimed at providing an opportunity for multiple players and mitigate systemic risks that could arise out of a few dominating the space.
BUSINESS
SEBI clarifies on definition of startup, eases norms for AIFs
The market regulator has also allowed AIFs to simultaneously invest in units of other AIFs and directly in the securities of investee companies subject to certain conditions.
BUSINESS
SEBI eases norms for public listing of startups
The revised norms will also provide early-stage startup investors an easier route to exit.
BUSINESS
Metapurse's Twobadour Pannar opens up on why they bought Beeple for $69 Million
India has a large bunch of blockchain developers, this is an opportunity to stay ahead of the curve, and spark an environment of entrepreneurship out of India, says crypto entrepreneur duo Vignesh Sundaresan and Anand Venkateswaran
BUSINESS
Exclusive | Accelerate with caution, do not fall into bad habits of the past: Sequoia India’s GV Ravishankar
Sequoia India’s GV Ravishankar, one of India’s most successful investors, says founders should not fall into bad habits of the past due to easy access of capital. He has also said it is a very difficult environment for founders and investors, as one is not able to understand what all the funding interest means.
BUSINESS
I got my vaccination certificate digitally. My friend in Seattle got it on a piece of paper: Nandan Nilekani
Talking about his journey from a software czar to a technocrat who played a central role in building India's digital rails, Nilekani said the most crucial trait a technocrat needs to have is the ability to build consensus.
BUSINESS
Indians should be allowed to have crypto as an asset class: Nandan Nilekani
Nilekani's stance is significant, as he is one of India's most prominent technocrats and has played a central role in building India's digital rails- be it Aadhaar, the UPI payment infrastructure, GST or FASTag.
BUSINESS
Infosys may look at hiring people with Google Career Certificates for India after the US
These certificates offer programmes in four areas - Data Analytics, Project Management, User Experience (UX) Design and Associate Android Developer Certification.
BUSINESS
How these women leaders of TCS rose to the top
Four executives trace their journey inside India’s largest software exporter, share their experiences about how they and the organisation have grown, and offer some advice on how women can strike the right balance between work and home.
BUSINESS
Valli Arunachalam moves waiver application to sue Murugappa Group
Valli Arunachalam's family owns 8.21 percent in Ambadi Investments, thus falling short of the minimum requirement by 1.79 percent.
BUSINESS
iPhone-maker Wistron resumes operations at Kolar plant
The factory had been shut since December 12 due to wage-related issues.
BUSINESS
Uber sees demand bounce back in India, plans to accelerate hiring
Ride-hailing company wants to leverage talent in India to build tech solutions that power its operations around the world
BUSINESS
Womens Day 2021: Dreams Unlimited: Startup stories from 3 women entrepreneurs in India
They spoke about their journey, key challenges, the opportunities for women entrepreneurs in India today, and why equality at home is as important as equality in the workplace.
BUSINESS
Ola's Bhavish Aggarwal looks to disrupt India's EV market by mass producing vehicles
Ola founder Bhavish Aggarwal, who aims to make the Ola FutureFactory in Tamil Nadu the world's largest two-wheeler factory, says Tesla's entry into India will be a "massive positive" for the EV ecosystem.
TRENDS
Interview | Byju's Co-Founder Divya Gokulnath on global listing plans, work-life balance, future of teaching, and more
The co-founder of the $10 billion edtech behemoth tells Moneycontrol why she thinks the golden age of teachers is coming back and all about her plans to take her company global.
BUSINESS
Infosys to cover COVID-19 vaccination cost for employees and immediate family
Infosys is looking at partnering with healthcare providers to vaccinate employees and their immediate families as eligible under the guidelines given by the government, the company said.
BUSINESS
PhonePe & Paytm lock horns: Both claim market leadership
Paytm is yet to put out a breakup of its numbers for February, so it’s hard to tell who really was No. 1 last month with both claiming to have recorded over a billion transactions.
BUSINESS
Interview | Co-WIN app is scalable, vaccinations can go up to 1 crore a day: RS Sharma
RS Sharma, who heads the committee for India's COVID-19 vaccine delivery tech platform Co-WIN, weighs in on the app’s initial tech glitches, lessons in scale from Aadhaar, and how India can expand vaccinations to cover 1 crore people a day.
INDIA
COVID-19 vaccination: Tech titans in Bengaluru lead from the front
Prominent citizens coming forward to take a vaccine jab is likely to bolster confidence and reduce vaccine hesitancy among the general public in India.
