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BYJU’s Clarifies Ownership of $533 Million Fund Ahead of US Hearing
Indian edtech giant BYJU’s has clarified ownership of a disputed $533 million fund parked in a US subsidiary, days before a crucial court hearing. This
Paytm Cuts Ties with Paytm Payments Bank: Reducing Dependence or Signaling Trouble?
One 97 Communications, the parent company of Paytm, announced on Friday, March 1st, 2024, that it has discontinued various inter-company agreements with its subsidiary, Paytm
Startup Founders’ Fortunes: A Rollercoaster Ride Tied to Stock Prices
The past year has been a tale of two stories for founders of new-age Indian companies. While some have seen their wealth skyrocket with rising
Zvolv Secures $2 Million Funding to Empower Enterprises with No-Code Automation Solutions
Pune, India (February 29, 2024)** – Zvolv, a leading provider of low-code/no-code (LCNC) automation solutions, has secured $2 million (INR 16 Cr) in a strategic
Startup Mahakumbh: Signaling Spring for India’s Startup Ecosystem
The upcoming “Startup Mahakumbh” event in India aims to be a beacon of hope and revival for the country’s startup ecosystem, which has been facing
Paytm’s Exit Opens Doors for Fintech and Bank Rivals in Employee Benefits Market
Paytm’s recent decision to exit the employee benefits space has sent ripples through the industry, creating a potential gold rush for its competitors. This move
Paytm Payments Bank Denies FEMA Violations, Awaits RBI Clarification
Paytm Payments Bank (PPBL), a subsidiary of the Indian digital payments giant Paytm, faces ongoing scrutiny from the Enforcement Directorate (ED) over alleged violations of
Why Indian Startups Need a Founders’ Agreement: A Shield Against Conflict
The Indian startup ecosystem is flourishing, brimming with innovative ideas and driven by passionate entrepreneurs. However, even the most promising ventures can face unforeseen challenges,
Exodus at Indian Startups: Byju’s and Paytm Employees Seek Greener Pastures
Mass Job Hunt Nearly 13,500 employees from prominent Indian startups, Byju’s and Paytm, are actively searching for new job opportunities. This mass exodus reflects growing
Paytm Downgraded by Macquarie Amidst RBI Crackdown, Stock Price Takes a Hit
Paytm Faces “Serious Risk” of Customer Exodus Brokerage firm Macquarie downgraded Paytm (One97 Communications) to “Underperform” on Tuesday, citing concerns about potential customer exodus following