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Welcome to The Interchange! If you want this in your inbox, sign up here. It was an event-filled week in the fintech world, what with FedNow launching, the former CEO …
FedNow may finally be live, but will it be too costly for businesses to adopt? Read More![Funding and acquisition in Indian startups this week [17-22 July]](https://newzpad.com/wp-content/uploads/2023/07/newzpad-207.jpg "Funding and acquisition in Indian startups this week [17-22 July]")
This week, 19 Indian startups raised funding of about $113 million. Renewbuy and Furlenco were the top fundraising startups that scooped up $40 million and $36.5 million respectively. Last week, …
Funding and acquisition in Indian startups this week [17-22 July] Read More
Fintech firm Paytm’s revenue from operations barely grew 0.3% to Rs 2,341.6 crore during the first quarter of fiscal year ending June 2023 (Q1 FY24) as compared to Rs 2,334.5 …
Paytm reports Rs 2,342 Cr revenue and Rs 358 Cr loss in Q1 FY24 Read More
Quick commerce platform Dunzo on Friday informed its employees about fresh layoffs in an ‘all hands’ meeting, according to sources aware of the development. This is the third time the …
Dunzo lays off more employees amid cash crunch Read More
As many as 30 investors, including Peak XV Partners, Kalaari Capital, Tiger Global, and Alpha Wave, have written to the Indian Prime Minister Narendra Modi seeking a review of the …
GST on online skill games: Peak XV, Tiger Global and other VCs seek Narendra Modi’s intervention Read More
Just before releasing its quarterly financial results for Q1 FY24, One97 Communications, the parent company of digital payments company Paytm, has granted new ESOP options to its employees. The company …
Exclusive: Paytm grants ESOPs worth Rs 145 Cr to employees Read More
“Raising collateral-based or term loans without profitability is like playing with fire,” said a unicorn founder, who also runs an early-stage fund. The extreme caution — akin to the danger …
Read the documents carefully: Should founders steer away from term loans? Read More