Crowdfunding is a favoured route for startups in search of capital to develop. Nonetheless, a agency that aimed to facilitate such sourcing of cash has come below the scanner.Claiming to allow startups to lift fairness funding from potential traders by way of unlisted shares and funds, Gurugram-based fintech Planify has come on…
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Sachin Bansal on his fintech startup Navi after Flipkart: ‘Working 80-100 hours a week, no WFH’
Flipkart co-founder Sachin Bansal talked about his fintech startup Navi and stated that he’s placing in 80 to 100 hours every week. He additionally stated that he may even be discovered engaged on the weekends very often, including, “Sometimes people hate me.” Sachin Bansal based Navi in 2018, simply months…
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SoftBank cuts stake in Paytm to beneath 3%
MUMBAI: SoftBank has lower one other 2.1% stake in Paytm, decreasing its shareholding within the fintech agency to 2.8%, the corporate mentioned in a latest inventory trade submitting. The Japanese funding behemoth which bets closely on tech companies had invested over $1 billion into Paytm and held about 18% stake…
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Finance Minister Sitharaman to satisfy fintech firms subsequent week, Paytm not invited |
Within the backdrop of the continuing points with Paytm, Finance Minister Nirmala Sitharaman has deliberate a gathering with the heads of fintech firms within the coming week. The intention is purported to be stress on the necessity to adhere strictly to regulatory compliance.Final month, Paytm Funds Financial institution Ltd, an…


