BusinessStartup StoriesStartups RBI Innovation Hub Launches Pilot for Unsecured Loans Targeting Gig Workers by Arti Singh December 31, 2024 December 31, 2024 As India’s gig economy is set to expand significantly, the Reserve Bank of India (RBI) is piloting an innovative project aimed at providing unsecured loans to gig workers. The initiative, …
BusinessStartupsStartups Insights Paytm’s Head of Compliance, Srinivas Yanamandra, Resigns by Arti Singh December 31, 2024 December 31, 2024 Srinivas Yanamandra, Paytm’s Head of Compliance, has officially tendered his resignation, effective February 28, 2025. Yanamandra, who joined Paytm in April 2022, has decided to pursue academic research opportunities. Paytm’s …
BusinessStartupsStartups InsightsTechnology Kartik Hajela Resigns as Log9 COO, Joins Jupiter Electric Mobility to Lead e-LCV Segment by Arti Singh December 31, 2024 December 31, 2024 Kartik Hajela, cofounder and COO of Log9 Materials, has resigned after seven years to become Director at Jupiter Electric Mobility (JEM). This move follows the Log9-JEM merger, with Hajela overseeing …
BusinessStartupsStartups Insights CCI Dismisses InstaAstro’s Allegations of Abuse of Dominance Against Astrotalk by Arti Singh December 31, 2024 December 31, 2024 In a recent ruling, the Competition Commission of India (CCI) dismissed a complaint filed by InstaAstro accusing Astrotalk of abuse of dominance. InstaAstro had alleged that Astrotalk, a leading online …
BusinessStartup Stories Police Arrest Four Gujarat Residents for Rs 12.5 Crore Fraud Involving CRED by Arti Singh December 31, 2024 December 31, 2024 In a significant cybercrime case, Bengaluru police arrested four individuals from Gujarat for orchestrating a Rs 12.5 crore fraud against the credit card payment platform, CRED. The group exploited vulnerabilities …
StartupsStartups InsightsTechnology UP CM Urges Universities to Boost Startups Through Innovation Centers by Arti Singh December 31, 2024 December 31, 2024 Uttar Pradesh Chief Minister Yogi Adityanath has directed the state’s three technical universities to foster innovation and promote startups. This initiative aims to establish innovation centers with state-of-the-art facilities and …
BusinessStartupsStartups Insights JSW Steel Acquires Copper Mines from Hindustan Copper, Expanding into Non-Ferrous Metals Sector by Arti Singh December 31, 2024 December 31, 2024 JSW Steel’s acquisition of two copper mines in Jharkhand from Hindustan Copper has led to a remarkable surge in its stock price. This strategic move marks the company’s entry into …
BusinessStartups FundingStartups Insights RBI Grants UPI Access to Prepaid Payment Instruments via Third-Party Apps by Arti Singh December 28, 2024 December 28, 2024 The Reserve Bank of India (RBI) has introduced a groundbreaking policy change, allowing prepaid payment instrument (PPI) users to make Unified Payments Interface (UPI) transactions through third-party mobile applications. This …
BusinessStartupsStartups Insights Zomato Reveals: Passenger Orders 120 Manchurian Combos Onboard a Train to Feed Entire Bogey by Arti Singh December 28, 2024 December 28, 2024 As 2024 draws to a close, Zomato has released its year-end report highlighting intriguing food-ordering trends. Among Zomato reveals highlights, a customer made waves by ordering 120 Manchurian combos on …
BusinessStartupsStartups Insights IndiQube Files DRHP with SEBI for ₹850 Crore IPO by Arti Singh December 28, 2024 December 28, 2024 IndiQube, a prominent Bengaluru-based managed workspace solutions provider, has filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering …