White Venture’s ‘Call to Adventure’ programme will fund executives to build startups and pay salaries to entrepreneurs while they are at it
"Jupiter’s opposition occurs every 13 months, making the planet appear larger and brighter than any other time of the year. But that’s not all. Jupiter will also make its closest approach to Earth since 1963 – almost six decades ago!," NASA's blog said.
Jupiter further stated that this integration will allow corporates to open salary accounts for their employees in under five minutes.
The world’s newest and biggest space telescope is showing Jupiter as never before, auroras and all. Scientists released the shots on August 22 of the solar system's biggest planet.
In the last 10 days, Jupiter said it has onboarded about 25,000 who have invested in direct mutual funds.
NASA's Juno mission is investigating the mysteries of Jupiter -- the biggest planet in our solar system.
BNPL start-up founders will have to innovate to sustain the business through privileged access, technology, underwriting loans, etc, says Sandeep Patil
Niyo will use the funds to expand its product offerings by adding more consumer-focused products such as credit cards, remittances, loans, etc
Andrew Formica, CEO of Jupiter Fund Management, has announced his resignation from the $68 billion firm.
The move may impact credit products of fintech players who extend credit through prepaid payment instruments such as prepaid cards and wallets.
The planned fundraise is said to fetch the company a valuation of $500 million and is likely to be led by private equity firm Multiples.
Meanwhile, fintechs and banks are working on a way that will allow a separate entity under the card-issuing entity to access data, while another co-branding entity will not have access to data as per the norms.
According to Shalini Warrier, fintechs with the right customer proposition, a strong segment strategy, and proven founder capability will not find it difficult to raise funds
The startup will look at adding more lending products, starting with unsecured personal loans in the next 12 months. Fi's co-founders added that they do not see any constraints in terms of raising more funds despite the slowdown in startup funding.
Investors are now choosing bets rationally and are asking the right questions on business models before taking the plunge, say experts.
30 percent of Jupiter and Slice’s workforce is women. Slice also has a policy of additional 50 percent bonus for referring women for roles in the company.
These banks are expanding their digital presence with a branch-lite, distribution heavy model. With a strong digital presence through fintechs, the banks are looking to serve the next set of digital customers.
The liquidity events, which have benefited 21 former and current Jupiter employees, come in less than two months after the company announced the closure of its $86 million Series C funding round, which was led by a variety of marquee investors such as Tiger Global, Sequoia Capital India, US-based venture fund QED Investors along with its existing backer Matrix Partners India.
The fundraise comes almost three years after Niyo's Series B round in July 2019. The company plans to begin lending and insurance offerings in the coming year.
Researchers hope that further work – including from the recently launched James Webb Space Telescope – could provide yet more certainty on those calculations, and some indication of how the planet came to be that way.
Jupiter's founder and CEO Jitendra Gupta told Moneycontrol that the startup will use these funds to grow its customer base and launch its lending product in 2022.
Licensing will allow unregulated neobanks to eventually operate as full-stack digital banks on meeting certain specified requirements.
Jupiter is opening up its platform for users in an invite-only mode, and plans to onboard 1 million users in the next six months.
Open had announced on October 12 that it raised $100 million in its Series C round led by Temasek and that it plans to use the funding to further strengthen its new product lines and foray into global markets.
According to the study published in the journal Nature Astronomy on Monday, the water vapour forms when ice from the moon's surface turns from solid to gas.