Moneycontrol
Get App

Pratik Bhakta

Special Correspondent

Moneycontrol.com

CoinDCX raises fresh funding of $2.5 million from Polychain Capital, Coinbase Ventures

BUSINESS

CoinDCX raises fresh funding of $2.5 million from Polychain Capital, Coinbase Ventures

The startup has seen a massive jump in the adoption of a crypto exchange platform with COVID-19 throwing traditional markets into a tizzy

Zomato elevates Mohit Gupta as fourth founder

BUSINESS

Zomato elevates Mohit Gupta as fourth founder

This development comes while Zomato is in the middle of a downsizing operation and is looking to ensure steady revenue in the middle of a pandemic

Investment platforms find value in digital KYC despite drop offs

BUSINESS

Investment platforms find value in digital KYC despite drop offs

Startups see value in the video KYC process, but are waiting for OTP-based Aadhaar authentication to encourage new users to the stock market

Amazon starts food delivery, picks Bengaluru for launch

BUSINESS

Amazon starts food delivery, picks Bengaluru for launch

The entry of Amazon Food could have massive implications for Swiggy and Zomato.

Riskcovry has closed a pre-Series A round from Bharat Inclusion Seed Fund and others

BUSINESS

Riskcovry has closed a pre-Series A round from Bharat Inclusion Seed Fund and others

The B2B insurtech startup offers insurance as a product to other corporates who in turn distribute it to their customers

Fino Payments Bank hits operational profitability, revenue jumps 86% in FY 20

BUSINESS

Fino Payments Bank hits operational profitability, revenue jumps 86% in FY 20

The bank has already reached 80% of its pre-COVID-19 business volumes.

Ecommerce players, logistics startups join hands to beat last-mile challenges

BUSINESS

Ecommerce players, logistics startups join hands to beat last-mile challenges

Large retailers are tying up with ride-sharing hyperlocal delivery startups to ensure doorstep deliveries.

CureFit to start charging customers for online classes

BUSINESS

CureFit to start charging customers for online classes

The startup is betting big on online fitness classes.

Online KYC is here: No need to visit a branch to open a bank account

BUSINESS

Online KYC is here: No need to visit a branch to open a bank account

More banks are going live with the video KYC process, eliminating paperwork and physical meetings for financial services

COVID-19 lockdown: E-commerce firms start taking orders of non-essentials in ‘red zone’ cities; deliveries to begin from today

BUSINESS

COVID-19 lockdown: E-commerce firms start taking orders of non-essentials in ‘red zone’ cities; deliveries to begin from today

Most consumers order kitchen equipment, clothes, trimmers, and work-from-home items like keyboards on the first day.

Coronavirus pandemic | Swiggy lays off 1,100 employees; scales down cloud kitchen business

BUSINESS

Coronavirus pandemic | Swiggy lays off 1,100 employees; scales down cloud kitchen business

The layoffs come two days after rival Zomato let go of around 500 people.

Eggoz raises Rs 2.5 crore in another round of seed funding

BUSINESS

Eggoz raises Rs 2.5 crore in another round of seed funding

The startup works with farmers to produce eggs with high nutritional content.

NRAI to work with Dotpe to offer digital ordering as an alternative to Zomato’s contactless dining

BUSINESS

NRAI to work with Dotpe to offer digital ordering as an alternative to Zomato’s contactless dining

National Restaurant Association of India, the industry body for restaurants across the country is encouraging its members to offer a digital dining experience to their customers.

Delhi High Court orders RBI, central government to respond to pleas on flouting of norms by Google Pay

BUSINESS

Delhi High Court orders RBI, central government to respond to pleas on flouting of norms by Google Pay

A petitioner has alleged that Google Pay had flouted norms of interoperability set by NPCI.

Coronavirus pandemic |Business booms for crypto-exchanges as economy takes a beating

BUSINESS

Coronavirus pandemic |Business booms for crypto-exchanges as economy takes a beating

Platforms see a big jump in trading volumes, new users as the government and the RBI stay mum on regulation.

Stimulus effect: Industry lobby writes to Sitharaman, wants startups included in MSMEs

BUSINESS

Stimulus effect: Industry lobby writes to Sitharaman, wants startups included in MSMEs

The sector wants to be included in the financial package announced by the government.

Intello Labs raises $5.9 million in series A funding round

BUSINESS

Intello Labs raises $5.9 million in series A funding round

The startup helps bring in standardisation and quality control in fruit and vegetable supply chain.

Coronavirus pandemic | Banks see a big jump in social media chatter as customers take to Twitter, Facebook

BUSINESS

Coronavirus pandemic | Banks see a big jump in social media chatter as customers take to Twitter, Facebook

From queries on loan moratorium to KYC applications, banks flooded with queries on Facebook, Twitter and other social media.

Doceree raises a million dollar in seed funding 

BUSINESS

Doceree raises a million dollar in seed funding 

The US-based healthcare marketing startup uses data, technology to connect pharma companies with doctors.

EXCLUSIVE | Amazon in insurance push, working with Acko to offer more products, better experience 

BUSINESS

EXCLUSIVE | Amazon in insurance push, working with Acko to offer more products, better experience 

Insurance to be offered as a separate category on the home screen.

Swiggy suspends ‘Super’ subscription programme

BUSINESS

Swiggy suspends ‘Super’ subscription programme

The decision comes at a time when rival Zomato has doubled down on its Gold programme.

EXCLUSIVE | Our decision overrides Facebook’s: Sudhir Krishnaswamy, only Indian on oversight board 

BUSINESS

EXCLUSIVE | Our decision overrides Facebook’s: Sudhir Krishnaswamy, only Indian on oversight board 

The board will look to enlarge the domain of freedom of speech but also preserve dignity and equality on the platform, says Krishnaswamy.

EXCLUSIVE | Instamojo sees big jump in business as more micro-businesses go online

BUSINESS

EXCLUSIVE | Instamojo sees big jump in business as more micro-businesses go online

The Bengaluru-based digital payments platform hopes to be profitable this year, says CEO Sampad Swain

Swiggy CTO Rahul Jaimini quits, set to join Pesto Tech

BUSINESS

Swiggy CTO Rahul Jaimini quits, set to join Pesto Tech

In a blog post shared on its website, Swiggy co-founder Sriharsha Majety said Jaimini will continue to be a shareholder and board member at the food delivery major.

Sections
Follow us on