Neobank Open turns unicorn after $50 million funding led by IIFL

Neobank Open has closed a $50 million financing led by IIFL Finance along with participation from existing investors Temasek, Tiger Global and 3one...

Monday, 02 May 2022, 10:51 Hrs

James Murdoch's company infuses $600 mn in Allen Career Institute

Bodhi Tree Systems, an investment platform by former 21st Century Fox CEO James Murdoch and ex-Disney executive Uday Shankar, on Sunday announced t...

Monday, 02 May 2022, 03:30 Hrs

Start-ups let retail investors in India buy corporate bonds at 10,000

Start-up firms selling corporate bonds to retail investors are booming in India. At least 10 new financial technology platforms have sprung up duri...

Friday, 29 April 2022, 03:57 Hrs

Fintech platfrom FidyPay partners Yes Bank to push financial inclusion

Fintech API platform for FidyPay on Thursday said it has partnered with Yes Bank, a move that will extend the digital facilitation to a wide range ...

Thursday, 28 April 2022, 12:03 Hrs

India IT services industry hits $14 bn as firms step-up Digital Transformation

With more and more domestic companies adopting digital transformation initiatives, the Indian information technology (IT) industry grew 7.2% year-on-year in 2021, higher than the 5.3% rise seen previous year. According to a report by market research firm the International Data Corp. (IDC), the domestic IT services industry was valued at $14.15 b...

Elon Musk to acquire Twitter for $44 billion and take it privative

Elon Musk to acquire Twitter for $44 billion and take it privative

Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics and opines on social and economic issues to more than 83 million followers. The outspoken Tesla CEO, who is also the world’s wealthiest pers...