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In the dynamic world of cryptocurrency, a new contender is making headlines with its potential to outperform Polygon (MATIC) significantly. This alternative, starting at just $0.01, is on the radar of investors and analysts alike, with projections setting its sights on a monumental climb to $12 by 2024. Amidst the crowded digital currency market, this emerging token stands out for its innovative technology, promising utility, and strategic roadmap that could not only rival but potentially eclipse the success of established players like Polygon. As we delve into its ecosystem, tokenomics, and future plans, it’s clear why this cryptocurrency is considered a game-changer, attracting attention from all corners of the investment world.

Mint in an interview. He also added that there are plenty of lessons the industry can learn from the Byju's fiasco. GSV has invested in Indian edtech companies including Physics Wallah, Lead Schools and Apna and manages about $800 million in assets.

Spacenet Enterprises India Limited (NSE: SPCENET), a prominent global trading entity with substantial operations in Hong Kong and Dubai, has reported an exceptional 486% increase in its consolidated profit after tax (PAT) on an annual basis. This significant growth highlights Spacenet's focused strategy on diversifying its investment portfolio by incorporating stakes in pioneering, disruptive technology enterprises.

Paybybd, they understand the importance of seamless payment methods. That's why they provide a specialized and fully automated API designed to simplify peer-to-peer payments effortlessly. This API enables businesses to quickly adopt the most common regional payment methods.

In a year marked by inflation and economic challenges; interestingly, there has been a surge in the discretionary spending on consumer products by India’s growing middle class. One of the driving factors behind this consumption uptick is the improved access to unsecured loans. The rise of fintech and digital lenders has played a pivotal role in improving the ease of borrowing especially for the tech-savvy Gen Z customers. Further, advent of data analytics and increased focus on customer centricity has ushered in innovative products including no-cost EMI options. According to a study, ~75% of customers used credit to acquire consumer durables and home appliances.

By Nitin Kumar

Mirae Asset Mutual Fund has announced India’s first Multi factor-based ETF on Nifty Smallcap250 Index, ‘Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF’, an open-ended scheme replicating/tracking Nifty Smallcap 250 Momentum Quality 100 Total Return Index, and the ‘Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF Fund of Fund’, an open-ended fund of fund scheme investing in units of Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF.

Wipro, India’s fourth largest information technology (IT) services firm, on Tuesday said it will acquire US-based insurtech firm Aggne Global Inc and its Hyderabad-based affiliate Aggne Global IT Services for $66 million. Wipro will acquire 60% of the company in an all-cash deal, with an option to purchase the remaining stake over a period of time, as per a stock exchange filing.

Hypeloot is a leading AI-powered crypto casino, reaching significant milestones since its launch in 2022. With its unique integration of artificial intelligence (AI) and blockchain, Hypeloot is redefining online gambling for its global user base.  Showing an impressive growth trajectory, Hypeloot has processed over 50 million bets, serving a global user base of over 150,000.

In the dynamic world of cryptocurrencies, a new challenger is making headlines, signaling a potential shift in the market hierarchy. The project, emerging as a formidable competitor to Cardano (ADA), is currently priced at a mere $0.01 but is on track to reach the coveted $1 mark ahead of ADA. This development has captivated investors and enthusiasts alike, positioning the coin not just as another digital asset, but as a strategic investment with the promise of substantial returns. With its innovative technology and strong community support, this Cardano rival is redefining expectations and setting the stage for a new era in the cryptocurrency space.

SIDBI ET MSME Conclave is now set to enter Gujarat. The fifth session is scheduled to be held in Rajkot on February 15. The conclave is a series of events being held across the country with the aim to bring together micro, small & medium enterprises (MSMEs), policymakers and ecosystem enablers. To register for the Rajkot conclave, click here.

Creator Festival — Creators United 2024. The event, set for 15 March 2024, is the festival's second edition. The event will be organised collaboratively by Mad Influence in association with the Government of Maharashtra. The festival, which will be held at NESCO, Mumbai, is an exclusive, invite-only event, designed to offer a unique and engaging experience to over 1,000 influencers in addition to brands, agencies, and industry experts who will all come together for a celebration of creativity, innovation, and collaboration. «Celebrating innovation and creativity is essential to Maharashtra's values. As we embrace digital transformation, initiatives like Creators United 2024 play a pivotal role in fostering collaboration and driving economic growth,» Chief Minister of Maharashtra, Eknath Shinde, said in a statement.

Digital payments company Visa on Tuesday named Shruti Gupta as vice-president and head of commercial and money movement solutions (CMS) for India and South Asia. In her new role, Gupta will head Visa’s business and corporate solutions including commercial solutions, integrated money movement and Visa government solutions, the company said in a statement. “I am delighted to welcome Shruti Gupta to the Visa family. With rich experience in the banking and finance domain, particularly in commercial solutions and strategy, Shruti adds a wealth of knowledge to our team. We are pleased to have her expertise reinforce our efforts in shaping the future of money movement in the market," said Sandeep Ghosh, group country manager, Visa India and South Asia.

Why choose Flybed? Let’s explore the world of style and comfort with its unparalleled product line. When it comes to wall-mounted beds, quality reigns supreme. While others may skimp on fittings to cut costs, Flybed refuses to compromise on excellence. They believe in crafting furniture fit for royalty, using only the finest materials and the latest European technology, the rarest in the globe, to ensure durability, safety, and ease of use.

curbs on Paytm Payments Bank Ltd (PPBL), stressing that such orders are issued after comprehensive deliberation and assessment. The governor, however, said an FAQ will be issued this week to address concerns of customers and depositors, including FASTag holders and wallet users, who could be impacted by the RBI restrictions on PPBL. «We take decisions after a lot of consideration and analysis. At the moment, there is no review of the decision (on PPBL),» he told reporters in the national capital on Monday after finance minister Nirmala Sitharaman's customary post-budget address to the RBI board.

compliance team to attend product meetings to ensuring that every update or new product launch went through the rigours of the regulatory rules and restrictions, over the last one year or so, Paytm implemented a host of internal changes to toe the regulatory line, said executives at the digital payments company. At the same time, Vijay Shekhar Sharma, the company’s founder, made it a priority for his team to focus on launching every industry update from the National Payments Corporation of India (NPCI) or the Reserve Bank of India (RBI) on priority, they said.

NFOs), many of which are sectoral and thematic in nature, and are now open for subscription as they look to capitalise on investor interest and garner more assets. Wealth managers, however, say that thematic offerings need constant monitoring and should be timed well, and investors should first build a core portfolio and subsequently allocate to themes, restricting allocation to 20% in equity portfolios. Among the thematic NFOs available in February are SBI Energy Opportunities fund, Quant PSU Fund, Kotak/Edelweiss Technology Fund, BNP Paribas Innovation Fund, Union Business Cycle Fund and Canara Robeco Manufacturing Fund. Distributors point out that as per regulatory guidelines, a fund house can have only one scheme in each category, prompting them to look for thematic funds where there are no such restrictions. Large fund houses are now eyeing thematic launches, having exhausted their diversified equity mutual fund category. «We believe investors can opt for thematic funds that have a differentiated strategy and have something unique to offer. Given government's thrust on solar/renewable energy and improving efficiency in the public sector, we believe such themes can work well,» says Viral Bhatt, founder, Money Mantra. Bhatt recommends SBI Energy Opportunities Fund and Quant PSU Fund.

India’s 18th Lok Sabha elections will be held in the first quarter of fiscal year 2024-25. One of the major campaign planks that the ruling Bharatiya Janata Party (BJP) has adopted is the aspiration of a “viksit" or developed India by 2047. A developed country is widely understood as one that is industrialized, has a high Gross National Income (GNI) per capita, scores well on human development indicators and has institutions of quality.

In the ever-evolving space of cryptocurrency, a new contender has emerged with a price tag of just $0.01, sparking widespread speculation about its potential to rival Solana, one of the leading platforms in the blockchain space. This token, with its innovative features and underlying technology, has caught the attention of major investors, often referred to as ‘whales,’ who are strategically positioning themselves in anticipation of significant growth. As this $0.01 token gains traction, questions arise about its scalability, speed, and utility, drawing parallels to Solana’s remarkable success story. This article delves into the buzz surrounding this promising token, examining the factors that could catapult it to the forefront of the crypto world, as evidenced by the notable moves of these heavyweight investors.

Mumbai (Maharashtra) [India], February 8: Skillmine, a leading IT Services and Product Engineering company, has proudly completed a decade of innovation and excellence. With a relentless focus on problem solving and making technology better, faster and cheaper, Skillmine is emerging as a challenger within technology enterprises. Taking its cutting-edge services and solutions further in AI/ML Engineering, manufacturing 2.0, Data, Cyber and Regulatory challenges, Skillmine's products not only address significant business challenges but also provide scalable solutions at competitive and value-driven pricing.