BUSINESS
Starting up in times of COVID-19: DigiSparsh sets sights on becoming one lender for all requirements of hospitals and patients
DigiSparsh has tied up with hospital aggregators to underwrite hospitals and start with invoice discounting and then foray into consumer lending.
BUSINESS
Zomato sees over 100% YoY surge in FY20 revenue
But COVID-19 has cast its shadow with the first quarter seeing only $40 million of revenue and a massive hit to Zomato dine out offerings despite a strong jump in Hyperpure
BUSINESS
Banks exceed digital payments target for 2019-20, record 4,500 crore transactions
ICICI Bank leads the ranking race, according to Meity report card. Public sector lender SBI in tenth spot.
BUSINESS
WhatsApp for Business hits 15 million monthly users in India, 50 million globally
The app has launched QR Code stickers for quick chats between customers and businesses.
BUSINESS
What does Paytm’s insurance foray mean and other key questions answered
Is Paytm founder Vijay Shekhar Sharma’s grand vision of transforming his company into a full-fledged financial services player complete after the acquisition of Raheja QBE?
BUSINESS
Cars24 Lending arm raises Rs 10 crore in debt funding
The startup is looking to lend aggressively to help consumers buy private transport mode to deal with the pandemic
BUSINESS
How to buy or renew car insurance policies during COVID times? These start-ups are showing the way
By using computer-vision platforms, these firms also help insurance firms to assess damage and measure the extent of the problem by looking at the images
BUSINESS
Rupeek gets a new product head as Japan Doshi joins the startup from Amazon
Doshi will be reporting to the founder of the company and will have the mandate to ensure system stability, developer productivity at Rupeek.
BUSINESS
Lendingkart Finance CFO quits within months of joining
Mohit Bajaj who had joined last November is currently serving his notice period
BUSINESS
Instamojo charts revival story, hits cash flow positivity in July 2020
Looking to make net profits by the end of the current financial year.
BUSINESS
Private equity deals slumped 63% QoQ in terms of amount invested in Q2 2020
The overall investment climate has deteriorated in the second quarter of 2020, falling further from the first quarter
BUSINESS
AI startup Inspektabs raises $600,000 from Better Capital, Titan Capital and others
The startup offers artificial intelligence-based video inspection of cars and other assets for insurance, valuation and damage assessment.
BUSINESS
Remote working and offshore centres to pick up because of COVID-19 and H-1B visa suspension
While getting to travel onsite to the US might have become a challenge, fresh opportunities from American tech giants will continue to find their way to India
BUSINESS
UPI leads revival in digital payments along with toll payments, IMPS still falls short
UPI transactions have surpassed those in February, which was the last full month of pre-COVID business in India
BUSINESS
BookMyShow casts its eyes on live streaming and online shows
As the start-up prepares for a post-COVID era, it is looking at ways to push their online platform for entertainment to be consumed at home
BUSINESS
Swiggy launches payment platform, ties up with ICICI Bank
Swiggy Wallet will allow consumers a one-step check out while making purchases on the food delivery platform.
TECHNOLOGY
These are the best alternatives to the popular Chinese apps banned in India
Most of the apps were providing utility services like cleaning unused apps, virus protection, scanning, there are multiple alternative apps available in the Play Store which can get the same work done.
BUSINESS
Chinese apps, including TikTok, banned: These are the most popular on the Play Store
The government feels these apps are "prejudicial to sovereignty and integrity of India, defence of india, security of state and public order".
BUSINESS
Tit-for-tat FIRs, NoBroker and MyGate slug it out over ‘data theft’
Business rivalry turns ugly as NoBroker accuses MyGate of stealing data. MyGate hits back, says its employees harassed by NoBroker for sensitive customer information.
BUSINESS
Innoviti expands its ESOP pool to 30% of its employees
Innoviti said even call centre executives have been brought under the cover of the ESOP pool. The pool was created as a part of the structuring carried out during the recent series C funding round from FMO and Bessemer.
BUSINESS
PhonePe launches UPI handle in partnership with ICICI Bank
It is a part of the payment app’s effort to get into a multi-bank partnership model to reduce dependence on one bank.
BUSINESS
Unlock 1.0: Demand shoots up, but last-mile challenges delay e-commerce deliveries
What used to be delivered in one day could be taking as much as five days now given the issues related to COVID-19.
BUSINESS
Unlock 1.0: Demand shoots up; but last-mile challenges delay e-commerce deliveries
What used to be delivered in one day could be taking as much as five days now given the issues related to COVID-19.
BUSINESS
Fullife Healthcare raises Rs 50 crore from Rakesh Jhunjhunwala and other investors
The company is planning to expand its scope of operations to the US and other European countries
