Ramesh Iyer, Vice Chairman & MD, Mahindra Finance gives insights in to how frontier technologies like AI, Blockchain & IoT are reshaping the financial services space in India and how well technology partner are willing to accept customer’s knowledge as the input for developing new technology while emphasizing working with …
Read More »Technology evolution in the Indian Finance industry | Prasanna Lohar | DCB Bank
What do you expect around technology evolution in the Indian finance industry? Indian finance industry has evolved quite heavily since the last three to four years. The impact could be due to the government of India initiative, RBI’s vision statements. We have seen quite a lot rise of UPI …
Read More »BharatPE board appoints former PayU MD Jitendra Gupta
Former MD at PayU, Jitendra Gupta has been appointed by BharatPe, a UPI enabling payments and digital lending for merchants. Post his delink with PayU, this is being known as Jitendra Gupta’ first official association with any company. Gupta gained fame and had become one of the leading faces in …
Read More »Expansion of Thai Wealth Management Fintech into Singapore and India
Thai wealth technology start-up Jitta is planning to expand its services to India and Singapore with the amount of $6.5m it raised from a venture capital arm of Kasikornbank in the first half of 2019. Jitta’s free platform will provide valuation-based rankings for equity markets in the US, and across Asia, …
Read More »Jitendra Gupta quits as the MD of PayU
Jitendra Gupta, MD, PayU India has taken a step down towards global digital payments company to start-up in India’s fintech landsape. Jitendra as per his current role led PayU’s foray into the credit space and handling the business soon after. Jitendra took to twitter for confirming his resignation on twitter …
Read More »The two Asian Giants India & China lead in terms of Fintech Adoption
It hasn’t been long since the finance world and cutting edge collided in order to create a total new set of products. Emerged not more than half a decade ago, Financial Technology, commonly abbreviated as Fintech is a new industry and has turned out to be one of the most …
Read More »India’s Piramal Group gains funding from Softbank for the setup of a ‘Big’ Fintech Platform
The deal is reportedly in its final stage and is awaiting its approval by the Board and the committees of Piramal. Sources suggest, If the deal gets confirmed the financial arm of Piramal might not continue remaining a subsidiary for long as both Piramal and Softbank is planning to build …
Read More »A proposal made by NASSCOM to ease norms for offline testing of fintech
NASSCOM, Technology industry association has proposed special provisions to be made for the virtual testing of fintech products be created in the capital market regulator’s proposed regulatory sandbox, because some start-ups may not have the chance to conduct an offline test for their products. A discussion paper on a regulatory …
Read More »Rs 4 crores raised by GroMo, a Fintech Start-up
A Fintech start-up founded by three IIT Delhi graduates has raised Rs 4 crore as its seed funding from the Livespace co-founder Ramakant Sharma and Utsav Somani of AngeListIndia besides other investors. Arpit Khandelwal, the founder of DezignUp, Ankit Khandelwal and Darpan Khurana both of whom have worked in Snapdeal …
Read More »Multiply Venture: A step taken by the former e-commerce executives of Alibaba, Paytm, Flipkart and Myntra.
According to an announcement, the major three former e-commerce executives Raveen Sastry, Bhushan Patil and Sanjay Ramakrishnan have joined hands to launch Multiply Ventures, an early-to-growth-stage fund for investing in the domestic consumption story. Having worked in firms such as Alibaba, Paytm, Flipkart and Myntra, the trio is now looking …
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